Sygic's net debt stood at EUR -8,200 '000 and accounted for -89.4% of equity at the end of 2020. The ratio is down 5.48 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of -56.9% in 2015 and a low of -89.4% in 2020 between 2014 and 2020. The average for the last five years was -80.6%.
Net debt to EBITDA was calculated at -2.32x at the end of the year.
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The company’s cost of funding amounted to in 2020, down which is above the 5-year of 0.076%. Funding costs have “eaten” some 0% of the operating profit generated in 2019.
You can see all the company’s data at Sygic profile, or you can download a report on the company in the report section.
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