Tatra Trucks - Indebtedness

Tatra Trucks's net debt stood at CZK 2,157 mil and accounted for 81.5% of equity at the end of 2017. The ratio is up 52.9 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 7,164% in 1998 and a low of -152% in 1999 between 1996 and 2017. The average for the last five years was 31.8%.

Net debt to EBITDA was calculated at 2.93x at the end of the year. That is up from -1.79x seen in 2012. The ratio reached a high of 16.7x in 1998 and a low of -17.0x in 1996.

The company’s cost of funding amounted to -0.686% in 2017, down which is above the 5-year of -0.423%. Funding costs have “eaten” some 2.15% of the operating profit generated in 2019.

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