OPAP's net debt stood at EUR 165 mil and accounted for 26.7% of equity at the end of 2024. The ratio is up 1.48 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 75.0% in 2020 and a low of -95.4% in 2010 between 2010 and 2024. The average for the last five years was 32.3%.
Net debt to EBITDA was calculated at 0.207x at the end of the year. ERROR: A non-numeric value encountered That is up from 1.21x seen in 2019. The ratio reached a high of 2.86x in 2020 and a low of -0.858x in 2014.
The company’s cost of funding amounted to 1.90% in 2024, down which is above the 5-year of 2.96%. Funding costs have “eaten” some 1.96% of the operating profit generated in 2019.
You can see all the company’s data at OPAP profile, or you can download a report on the company in the report section.
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