Gevorkyan's net debt stood at EUR 63.7 mil and accounted for 89.0% of equity at the end of 2023. The ratio is up 9.93 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 199% in 2019 and a low of 79.0% in 2022 between 2019 and 2023. The average for the last five years was 148%.
Net debt to EBITDA was calculated at 3.09x at the end of the year. ERROR: A non-numeric value encountered That is up from x seen in 2018. The ratio reached a high of 5.51x in 2019 and a low of 2.97x in 2022.
The company’s cost of funding amounted to 6.67% in 2023, up which is above the 5-year of 5.05%. Funding costs have “eaten” some 46.1% of the operating profit generated in 2019.
You can see all the company’s data at Gevorkyan profile, or you can download a report on the company in the report section.
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