TPCA Czech Republic's net debt reached CZK -1,842 mil and accounted for -31.4% of equity at the end of 2017. The ratio is down 17.5% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 283% in 2005 and an all time low of -31.4% in 2017.
When compared to EBITDA, net debt amounted to -1.11x at the end of the year. The ratio reached an all time high of 22.7 in 2002 and an all time low of -17.5 in 2005.
As far as TPCA Czech Republic's peers are concerned, Hyundai Motor Manufacturing Czech posted net debt to equity of -49.1%x and -1.71x when compared to EBITDA at the end of 2017. Skoda Auto ended the year 2017 with a net debt at -39.7%x of equity and -0.742x when compared to its EBITDA while Skoda Auto had net debt at -39.7%x of equity and -0.742x to EBITDA at the end of the year.
|Hyundai Motor Manufacturing Czech||2.37||1.21||-0.224||-0.705||-1.28|
|Iveco Czech Republic||-0.207||-0.098||-0.126||-0.132||-0.106|
|TPCA Czech Republic||0.613||-0.237||0.563||-0.817||-0.931|