MECOM GROUP's net debt stood at EUR -8.57 mil and accounted for -16.2% of equity at the end of 2023. The ratio is down 1.41 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 116% in 2017 and a low of -16.9% in 2020 between 2014 and 2023. The average for the last five years was 3.54%.
Net debt to EBITDA was calculated at -0.762x at the end of the year. ERROR: A non-numeric value encountered That is down from 0.456x seen in 2018. The ratio reached a high of 4.53x in 2017 and a low of -0.762x in 2023.
The company’s cost of funding amounted to 68.8% in 2023, up which is above the 5-year of 25.0%. Funding costs have “eaten” some 1.25% of the operating profit generated in 2019.
You can see all the company’s data at MECOM GROUP profile, or you can download a report on the company in the report section.
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