Vemex's net debt reached CZK 343 mil and accounted for -1.56 of equity at the end of 2014. The ratio is up 84.4% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 2.56 in 2012 and an all time low of -10.0 in 2013.
When compared to EBITDA, net debt amounted to -2.72x at the end of the year. The ratio reached an all time high of 0.327 in 2009 and an all time low of -25.7 in 2008.
As far as Vemex's peers are concerned, RWE Transgas Czech Republic posted net debt to equity of 0.024x and 0.567x when compared to EBITDA at the end of 2014. CEZ ended the year 2014 with a net debt at 0.617x of equity and 2.54x when compared to its EBITDA while CEZ had net debt at 0.617x of equity and 2.54x to EBITDA at the end of the year.