Philip Morris Czech Republic's net debt stood at CZK -7,192 mil and accounted for -84.4% of equity at the end of 4Q2023. The ratio is down 0.585 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 26.4% in 2Q2014 and a low of -125% in 2Q2020 between 4Q1993 and 4Q2023. The average for the last five years was -87.1%.
Net debt to EBITDA was calculated at -1.62x at the end of the quarter. ERROR: A non-numeric value encountered That is down from -1.03x seen in 2018-12-31. The ratio reached a high of 0.518x in 4Q2007 and a low of -2.09x in 4Q2015.
The company’s cost of funding amounted to in 4Q2023, down which is above the 5-year of 15.2%. Funding costs have “eaten” some 0% of the operating profit generated in 2019.
You can see all the company’s data at Philip Morris Czech Republic profile, or you can download a report on the company in the report section.