Cartiere Carrara's net debt stood at EUR 105 mil and accounted for 180% of equity at the end of 2016. The ratio is down 60.6 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 241% in 2015 and a low of 46.2% in 2006 between 2006 and 2016. The average for the last five years was 187%.
Net debt to EBITDA was calculated at 3.67x at the end of the year. That is up from 4.12x seen in 2011. The ratio reached a high of 7.24x in 2015 and a low of 1.60x in 2006.
The company’s cost of funding amounted to in 2016,
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You can see all the company’s data at Cartiere Carrara profile, or you can download a report on the company in the report section.