Voestalpine's net debt reached EUR 3,430 mil and accounted for 0.672 of equity at the end of 2014. The ratio is up 22.1% when compared to the previous year.
Historically, the firm’s net debt to equity reached an all time high of 0.959 in 2008 and an all time low of 0.327 in 2005.
When compared to EBITDA, net debt amounted to 2.25x at the end of the year. The ratio reached an all time high of 3.67 in 2009 and an all time low of 0.746 in 2006.