PGNiG's net debt stood at PLN -1,934 mil and accounted for -0.060 of equity at the end of 1Q2016. The ratio is down 0.081 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 0.379 in 3Q2012 and a low of -0.060 in 1Q2016 between 1Q2010 and 1Q2016. The average for the last five years was 0.133%.
Net debt to EBITDA was calculated at -0.315x at the end of the quarter. That is down from -0.020x seen in 2011-03-31. The ratio reached a high of 4.37x in 3Q2012 and a low of -0.315x in 1Q2016.
The company’s cost of funding amounted to 1.72% in 1Q2016, down which is above the 5-year of 2.74%. Funding costs have “eaten” some 2.79% of the operating profit generated in 2019.
You can see all the company’s data at PGNiG profile, or you can download a report on the company in the report section.
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