Vitkovice Steel's net debt reached CZK 5,472 mil and accounted for -2.81 of equity at the end of 2015. The ratio is down 106% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 44.4 in 2014 and an all time low of -2.81 in 2015.
When compared to EBITDA, net debt amounted to -19.0x at the end of the year. The ratio reached an all time high of 75.7 in 2014 and an all time low of -30.3 in 2013.
As far as Vitkovice Steel's peers are concerned, ArcelorMittal Czech Republic posted net debt to equity of -0.006x and -0.092x when compared to EBITDA at the end of 2015..