EVT Balance Sheet Health
Financial Health criteria checks 2/6
EVT has a total shareholder equity of A$1.0B and total debt of A$402.6M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are A$2.6B and A$1.6B respectively. EVT's EBIT is A$102.0M making its interest coverage ratio 2. It has cash and short-term investments of A$101.3M.
Key information
39.9%
Debt to equity ratio
AU$402.56m
Debt
| Interest coverage ratio | 2x |
| Cash | AU$101.31m |
| Equity | AU$1.01b |
| Total liabilities | AU$1.64b |
| Total assets | AU$2.65b |
Recent financial health updates
EVT (ASX:EVT) Has A Somewhat Strained Balance Sheet
Dec 08
EVT (ASX:EVT) Has A Pretty Healthy Balance Sheet
Mar 27Would Event Hospitality & Entertainment (ASX:EVT) Be Better Off With Less Debt?
Sep 07Here's Why Event Hospitality & Entertainment (ASX:EVT) Can Afford Some Debt
Mar 17Event Hospitality & Entertainment (ASX:EVT) Is Carrying A Fair Bit Of Debt
Dec 17Here's Why Event Hospitality & Entertainment (ASX:EVT) Can Afford Some Debt
Jun 21Recent updates
What Does EVT Limited's (ASX:EVT) Share Price Indicate?
Mar 08EVT (ASX:EVT) Will Want To Turn Around Its Return Trends
Feb 15There's Reason For Concern Over EVT Limited's (ASX:EVT) Price
Dec 20EVT (ASX:EVT) Has A Somewhat Strained Balance Sheet
Dec 08EVT (ASX:EVT) Will Be Hoping To Turn Its Returns On Capital Around
Oct 11Do EVT's (ASX:EVT) Earnings Warrant Your Attention?
Jul 26EVT (ASX:EVT) Has A Pretty Healthy Balance Sheet
Mar 27EVT (ASX:EVT) Could Be Struggling To Allocate Capital
Feb 22What Does EVT Limited's (ASX:EVT) Share Price Indicate?
Jan 31EVT Limited's (ASX:EVT) Intrinsic Value Is Potentially 17% Below Its Share Price
Oct 27Is There Now An Opportunity In Event Hospitality & Entertainment Limited (ASX:EVT)?
Oct 05Would Event Hospitality & Entertainment (ASX:EVT) Be Better Off With Less Debt?
Sep 07An Intrinsic Calculation For Event Hospitality & Entertainment Limited (ASX:EVT) Suggests It's 22% Undervalued
Jul 07At AU$14.13, Is It Time To Put Event Hospitality & Entertainment Limited (ASX:EVT) On Your Watch List?
Jun 10Here's Why Event Hospitality & Entertainment (ASX:EVT) Can Afford Some Debt
Mar 17Should You Investigate Event Hospitality & Entertainment Limited (ASX:EVT) At AU$15.30?
Feb 21Event Hospitality & Entertainment (ASX:EVT) Is Carrying A Fair Bit Of Debt
Dec 17When Should You Buy Event Hospitality & Entertainment Limited (ASX:EVT)?
Oct 18Estimating The Intrinsic Value Of Event Hospitality & Entertainment Limited (ASX:EVT)
Sep 27Here's Why Event Hospitality & Entertainment (ASX:EVT) Can Afford Some Debt
Jun 21At AU$12.98, Is It Time To Put Event Hospitality & Entertainment Limited (ASX:EVT) On Your Watch List?
May 26Estimating The Intrinsic Value Of Event Hospitality & Entertainment Limited (ASX:EVT)
May 03Health Check: How Prudently Does Event Hospitality & Entertainment (ASX:EVT) Use Debt?
Mar 21Could The Event Hospitality & Entertainment Limited (ASX:EVT) Ownership Structure Tell Us Something Useful?
Feb 28Should You Investigate Event Hospitality & Entertainment Limited (ASX:EVT) At AU$10.20?
Feb 07
Estimating The Fair Value Of Event Hospitality & Entertainment Limited (ASX:EVT)
Jan 20What Does Event Hospitality & Entertainment's (ASX:EVT) CEO Pay Reveal?
Jan 02Does Event Hospitality & Entertainment (ASX:EVT) Have A Healthy Balance Sheet?
Dec 15Event Hospitality & Entertainment's(ASX:EVT) Share Price Is Down 31% Over The Past Five Years.
Nov 30Financial Position Analysis
Short Term Liabilities: EVT's short term assets (A$220.8M) do not cover its short term liabilities (A$409.8M).
Long Term Liabilities: EVT's short term assets (A$220.8M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: EVT's net debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: EVT's debt to equity ratio has increased from 37.5% to 39.9% over the past 5 years.
Debt Coverage: EVT's debt is well covered by operating cash flow (59.5%).
Interest Coverage: EVT's interest payments on its debt are not well covered by EBIT (2x coverage).