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PKN - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Oil & Gas | Poland | April 2, 2020
$2.99
Excel Sheet

PKN's net debt stood at PLN 7,092 mil and accounted for 0.293 of equity at the end of 2015. The ratio is down 0.043 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 0.618 in 2008 and a low of 0.137 in 2004 between 1999 and 2015. The average for the last five years was 0.267%.

Net debt to EBITDA was calculated at 1.14x at the end of the year. That is up from 1.37x seen in 2010. The ratio reached a high of 3.91x in 2008 and a low of -2.52x in 2014.

The company’s cost of funding amounted to 6.11% in 2015, up which is above the 5-year of 4.31%. Funding costs have “eaten” some 14.2% of the operating profit generated in 2019.

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