Based on a comparison of 10 firms among PX Index, Central European Media Enterprises had the biggest debt relative to its equity at the end of 2017 followed by Avast and PFNonwovens.
Central European Media Enterprises net debt reached CZK 24,092 mil. and accounted for 398% of equity at the end of 2017. The ratio is up 133% when compared to the previous year. Historically, the firm’s net debt to equity reached an all time high of 648% in 2016 and an all time low of -447% in 1999.
When compared to EBITDA, net debt amounted to 2.15x at the end of the year. The ratio reached an all time high of 15.7x in 2000 and an all time low of -7.39x in 2013.
Comparing Central European Media Enterprises with its closest peers, Avast posted net debt to equity of 370% and 5.82x when compared to EBITDA at the end of 2017. PFNonwovens ended the year 2016 with a net debt at 121% of equity and 4.37x when compared to its EBITDA while Kofola had net debt at 120% of equity and 2.77x to EBITDA at the end of the year.
You can see all the companies net debt/equity data on the Net Debt/Equity indicator page or you can download a special statistical dossier on the PX Index in the reports section.
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