Evotec Balance Sheet Health
Financial Health criteria checks 4/6
Evotec has a total shareholder equity of €968.5M and total debt of €470.1M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are €2.0B and €1.0B respectively.
Key information
48.5%
Debt to equity ratio
€470.05m
Debt
| Interest coverage ratio | n/a |
| Cash | €303.27m |
| Equity | €968.47m |
| Total liabilities | €1.02b |
| Total assets | €1.99b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVT's short term assets (€698.1M) exceed its short term liabilities (€333.6M).
Long Term Liabilities: EVT's short term assets (€698.1M) exceed its long term liabilities (€688.7M).
Debt to Equity History and Analysis
Debt Level: EVT's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: EVT's debt to equity ratio has reduced from 68.8% to 48.5% over the past 5 years.
Debt Coverage: EVT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if EVT's interest payments on its debt are well covered by EBIT.