TON's net debt reached CZK 185 mil and accounted for 0.382 of equity at the end of 2014. The ratio is up 26.3% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.415 in 2008 and an all time low of 0.167 in 2005.
When compared to EBITDA, net debt amounted to 2.44x at the end of the year. The ratio reached an all time high of 3.41 in 2010 and an all time low of 1.07 in 2006.