Tescan's net debt reached CZK -84.1 mil and accounted for -0.038 of equity at the end of 2014. The ratio is up 69.9% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.667 in 1998 and an all time low of -0.355 in 2007.
When compared to EBITDA, net debt amounted to -0.465x at the end of the year. The ratio reached an all time high of 2.00 in 1998 and an all time low of -0.886 in 2007.
As far as Tescan's peers are concerned, Varroc Lighting Systems Czech Republic posted net debt to equity of 0.434x and 0.964x when compared to EBITDA at the end of 2014. Automotive Lighting ended the year 2014 with a net debt at -0.013x of equity and -0.023x when compared to its EBITDA while Automotive Lighting had net debt at -0.013x of equity and -0.023x to EBITDA at the end of the year.