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Zalando - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Retail & Wholesale | Germany | June 29, 2021
$2.99
Excel Sheet

Zalando's net debt stood at EUR -760 mil and accounted for -35.3% of equity at the end of 2020. The ratio is down 16.0 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of -19.3% in 2019 and a low of -101% in 2010 between 2010 and 2020. The average for the last five years was -52.4%.

Net debt to EBITDA was calculated at -1.31x at the end of the year.

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That is down from -8.55x seen in 2015. The ratio reached a high of 4.51x in 2012 and a low of -11.1x in 2014.

The company’s cost of funding amounted to 2.83% in 2020, down which is above the 5-year of 8.32%. Funding costs have “eaten” some 9.97% of the operating profit generated in 2019.

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