Zetor Tractors - Indebtedness

Zetor Tractors's net debt stood at CZK 361 mil and accounted for 26.4% of equity at the end of 2017. The ratio is up 0.141 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 245% in 2009 and a low of -0.959% in 2006 between 2006 and 2017. The average for the last five years was 34.5%.

Net debt to EBITDA was calculated at 2.81x at the end of the year. That is up from 0.734x seen in 2012. The ratio reached a high of 3.46x in 2007 and a low of -9.05x in 2009.

The company’s cost of funding amounted to -30.1% in 2017, down which is above the 5-year of -6.58%. Funding costs have “eaten” some 2% of the operating profit generated in 2019.

You can see all the company’s data at Zetor Tractors profile, or you can download a report on the company in the report section.