Summit Advanced's net debt stood at CZK 16.2 mil and accounted for -137% of equity at the end of 2019. The ratio is down 129 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of -7.21% in 2018 and a low of -137% in 2019 between 2017 and 2019. The average for the last five years was -82.9%.
Net debt to EBITDA was calculated at 8.73x at the end of the year. That is up from x seen in 2014. The ratio reached a high of 8.73x in 2019 and a low of -6.64x in 2017.
The company’s cost of funding amounted to 3.02% in 2019, down which is above the 5-year of 5.77%. Funding costs have “eaten” some 72.5% of the operating profit generated in 2019.
You can see all the company’s data at Summit Advanced profile, or you can download a report on the company in the report section.
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