EVI Industries Balance Sheet Health
Financial Health criteria checks 6/6
EVI Industries has a total shareholder equity of $136.1M and total debt of $19.9M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are $245.5M and $109.5M respectively. EVI Industries's EBIT is $14.0M making its interest coverage ratio 5.7. It has cash and short-term investments of $4.4M.
Key information
14.6%
Debt to equity ratio
US$19.91m
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$4.37m |
| Equity | US$136.06m |
| Total liabilities | US$109.47m |
| Total assets | US$245.53m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2YE's short term assets ($112.3M) exceed its short term liabilities ($77.8M).
Long Term Liabilities: 2YE's short term assets ($112.3M) exceed its long term liabilities ($31.6M).
Debt to Equity History and Analysis
Debt Level: 2YE's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 2YE's debt to equity ratio has reduced from 48.4% to 14.6% over the past 5 years.
Debt Coverage: 2YE's debt is well covered by operating cash flow (157.3%).
Interest Coverage: 2YE's interest payments on its debt are well covered by EBIT (5.7x coverage).