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New World Resources - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Metals & Mining | Czechia | April 2, 2020
$2.99
Excel Sheet

New World Resources's net debt stood at EUR 281 mil and accounted for -1.76 of equity at the end of 2014. The ratio is up 0.473 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 1.62 in 2007 and a low of -2.23 in 2013 between 2005 and 2014. The average for the last five years was -0.472%.

Net debt to EBITDA was calculated at -1.63x at the end of the year. That is down from 2.70x seen in 2009. The ratio reached a high of 2.70x in 2009 and a low of -1.63x in 2014.

The company’s cost of funding amounted to -46.4% in 2014, down which is above the 5-year of -1.58%. Funding costs have “eaten” some 110% of the operating profit generated in 2019.

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