Zetor Tractors - Indebtedness

Automotive | Czech Republic | February 19, 2014
Excel Sheet

Zetor's deep losses in 2008-2009 send the Company's indebtedness to a high level (net debt accounting to 245% of equity in 2009). With improved sales and cash generation in the last three years, net debt dropped to a comfortable 34% of equity at the end of 2012