Armex Oil's total assets reached CZK 1,884 mil at the end of 2015, up 14.7% compared to the previous year.
Current assets amounted to CZK 1,296 mil, or 68.8% of total assets while cash stood at CZK 233 mil at the end of 2015.
By contrast, total debt reached CZK 211 mil at the year-end, or 11.2% of total assets, while the firm's equity amounted to CZK 495 mil. As a result, net debt stood at CZK -22.0 mil at the end of 2015 and accounted for -0.045 of equity.
Net debt against equity is down 2.12 pp from five years ago (2.07). The ratio against EBITDA decreased from 3.59x seen in 2010 to -0.110x.
The company’s cost of funding amounted to 0.546% in 2015, down 2.01 pp compared to the average over the last 5 years.
You can see all the company’s data at Armex Oil profile, or you can download a report on the company in the report section.
Helgi Library 
