KEY FINANCIAL INDICATORS
The following table illustrates some key financial ratios, on a consolidated basis:
| Key Financial Indicators | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 11.71 | 18.61 | 12.16 | 9.84 | 5.95 |
| Debt / (Equity + Liabilities) | 0.92 | 0.95 | 0.92 | 0.91 | 0.86 |
| Net Debt / EBITDA | 10.73 | 7.76 | 8.21 | 7.48 | 5.09 |
| Interest Cover (EBITDA / Net Financing Cost) | 1.51 | 2.16 | 2.57 | 2.29 | 2.81 |
| Current Ratio | 1.09 | 1.13 | 1.12 | 0.03 | 0.02 |
| Quick Ratio | 1.03 | 1.05 | 1.05 | 1.06 | 1.02 |
| Gross Profit Margin | 5.8% | 7.4% | 11.5% | 5.3% | 5.2% |
| EBITDA Margin | 9.2% | 10.1% | 13.5 | 8.6% | 14.5% |
| EBIT Margin | 4.5% | 2.7% | 6.8% | 3.8% | 9.8% |
| Pretax Margin | -1.6% | -2.0% | 1.5% | 0.0% | 4.6% |
| Net Margin | -4.8% | -7.5% | 1.2% | -2.4% | 9.5% |
| (avg) Return on Equity | -26.1% | -51.7% | 6.7% | -13.9% | 28.7% |
| (avg) Return on Assets | -2.2% | -3.2% | 0.4% | -1.2% | 3.4% |