TPCA Czech Republic's net debt reached CZK -1,893 mil and accounted for -0.252 of equity at the end of 2015. The ratio is down 13.4% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 2.83 in 2005 and an all time low of -0.252 in 2015.
When compared to EBITDA, net debt amounted to -0.931x 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 -0.337x and -1.28x when compared to EBITDA at the end of 2015. Skoda Auto ended the year 2015 with a net debt at -0.388x of equity and -0.819x when compared to its EBITDA while Skoda Auto had net debt at -0.388x of equity and -0.819x to EBITDA at the end of the year.