EVERTEC Balance Sheet Health
Financial Health criteria checks 4/6
EVERTEC has a total shareholder equity of $635.4M and total debt of $978.1M, which brings its debt-to-equity ratio to 153.9%. Its total assets and total liabilities are $2.1B and $1.4B respectively. EVERTEC's EBIT is $136.2M making its interest coverage ratio 5.7. It has cash and short-term investments of $295.6M.
Key information
153.9%
Debt to equity ratio
US$978.08m
Debt
Interest coverage ratio | 5.7x |
Cash | US$295.60m |
Equity | US$635.38m |
Total liabilities | US$1.42b |
Total assets | US$2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2EV's short term assets ($561.4M) exceed its short term liabilities ($298.3M).
Long Term Liabilities: 2EV's short term assets ($561.4M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 2EV's net debt to equity ratio (107.4%) is considered high.
Reducing Debt: 2EV's debt to equity ratio has reduced from 251.6% to 153.9% over the past 5 years.
Debt Coverage: 2EV's debt is well covered by operating cash flow (22.9%).
Interest Coverage: 2EV's interest payments on its debt are well covered by EBIT (5.7x coverage).