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Gorenje - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Manufacturing | Slovenia | April 2, 2020
$2.99
Excel Sheet

Gorenje's net debt stood at EUR 330 mil and accounted for 0.905 of equity at the end of 2015. The ratio is up 0.027 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 1.27 in 2009 and a low of 0.393 in 1998 between 1998 and 2015. The average for the last five years was 0.929%.

Net debt to EBITDA was calculated at 4.13x at the end of the year. That is up from 3.69x seen in 2010. The ratio reached a high of 8.93x in 2009 and a low of 1.96x in 1998.

The company’s cost of funding amounted to 10.6% in 2015, up which is above the 5-year of 9.16%. Funding costs have “eaten” some 113% of the operating profit generated in 2019.

You can see all the company’s data at Gorenje profile, or you can download a report on the company in the report section.