CalAmp's net debt stood at USD 118 mil and accounted for 147% of equity at the end of 2021. The ratio is up 27.3 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 147% in 2021 and a low of -46.9% in 2015 between 2011 and 2021. The average for the last five years was 65.1%.
Net debt to EBITDA was calculated at 7.85x at the end of the year.
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The company’s cost of funding amounted to 7.22% in 2021, up which is above the 5-year of 7.20%. Funding costs have “eaten” some 167% of the operating profit generated in 2019.
You can see all the company’s data at CalAmp profile, or you can download a report on the company in the report section.