BENET Automotive's net debt stood at CZK 847 mil and accounted for 406% of equity at the end of 2023. The ratio is up 153 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 1,006% in 2013 and a low of 58.4% in 2020 between 2010 and 2023. The average for the last five years was 270%.
Net debt to EBITDA was calculated at 9.97x at the end of the year. ERROR: A non-numeric value encountered That is up from 2.64x seen in 2018. The ratio reached a high of 17.1x in 2022 and a low of -9.02x in 2020.
The company’s cost of funding amounted to 3.48% in 2023, up which is above the 5-year of 1.73%. Funding costs have “eaten” some 79.1% of the operating profit generated in 2019.
You can see all the company’s data at BENET Automotive profile, or you can download a report on the company in the report section.
Helgi Library 
