Armex Oil's net debt stood at CZK -22.0 mil and accounted for -0.045 of equity at the end of 2015. The ratio is down 0.620 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 4.03 in 2007 and a low of -0.045 in 2015 between 2007 and 2015. The average for the last five years was 1.10%.
Net debt to EBITDA was calculated at -0.110x at the end of the year. That is down from 3.59x seen in 2010. The ratio reached a high of 5.03x in 2007 and a low of -0.110x in 2015.
The company’s cost of funding amounted to 0.546% in 2015, down which is above the 5-year of 2.56%. Funding costs have “eaten” some 1% of the operating profit generated in 2019.
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.
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