Jump to navigation Debt Key ratios Home > Investor > Debt > Debt Key ratios The financial structure of the Group reflects a policy that is attentive to market opportunities and prudent in the allocation of resources as well as sensitive to the refinancing risk. This is supported by a comfortable level of financial leverage, which can be summarized in the ratio between financial debt and shareholders' equity (at 30 September 2021 equal to 0.95) and by an adequate solvency index, which can be summarized in the ratio between financial debt and EBITDA (at 31 December 2020 equal to 2.28). Debt Key ratios YEARLY KEY RATIO 31/12/2020 31/12/2019 31/12/2018 31/12/2017 31/12/2016 31/12/2015 Net Debt / EBITDA 2.28 1.89 2.13 2.32 2.88 3.04 QUARTERLY KEY RATIO 09/30/2021 06/30/2021 03/31/2021 31/12/2020 30/09/2020 30/06/2020 31/03/2020 31/12/2019 30/09/19 30/06/19 31/03/19 31/12/18 Net Debt / Equity 0,95 0,98 1,15 1,14 1,15 1,44 1,42 1,12 1,05 1,06 1,18 1,10 Share on... Ultimo aggiornamento: 16/11/2021 - 16:43 Copyright © 2020 Piaggio & C. SpA Sede legale: Viale Rinaldo Piaggio, 25 - 56025 Pontedera (PI) P. Iva 01551260506 wiki LinkedIn Youtube Twitter More Ultimi Tweet Piaggio Group @Piaggio_Group #Piaggiogroup is one of the protagonists of #EICMA, the most important event in Milan for the two-wheel industry. T… https://t.co/jEDJFBxU24 Piaggio Group @Piaggio_Group #PiaggioGroup and @AutolivInc - the worldwide leader in automotive safety systems - join forces to develop a… https://t.co/e9KH1YMSbR Quicklinks Contatti Archivio FAQ Privacy Email alert Fornitori Piaggio Motori Corporate Business Piaggio Financial Services Dissemination of regulated information Corporate information Piaggio Group Corporate App Wide Magazine Piaggio uses cookie technology, including from third parties, to offer the visitor the best experience in using the site. For more information and to deny your consent to the installation of cookies, please consult our privacy policy . We inform you that the continuation of the navigation implies the acceptance of the use of cookies. Yes I accept No, give me more information