Tank ONO's net debt reached CZK 455 mil and accounted for 3.29 of equity at the end of 2014. The ratio is down 24.9% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 6.91 in 2008 and an all time low of -5.23 in 2005.
When compared to EBITDA, net debt amounted to 3.46x at the end of the year. The ratio reached an all time high of 6.05 in 2013 and an all time low of -1.62 in 2005.
As far as Tank ONO's peers are concerned, OMV Czech Republic posted net debt to equity of -0.004x and -0.028x when compared to EBITDA at the end of 2014. MOL Czech Republic ended the year 2014 with a net debt at 0.342x of equity and 3.04x when compared to its EBITDA while MOL Czech Republic had net debt at 0.342x of equity and 3.04x to EBITDA at the end of the year.