EnviTec Biogas Balance Sheet Health
Financial Health criteria checks 5/6
EnviTec Biogas has a total shareholder equity of €179.0M and total debt of €86.8M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are €394.6M and €215.6M respectively. EnviTec Biogas's EBIT is €73.3M making its interest coverage ratio -424.7. It has cash and short-term investments of €49.2M.
Key information
48.5%
Debt to equity ratio
€86.77m
Debt
| Interest coverage ratio | -424.7x |
| Cash | €49.15m |
| Equity | €179.01m |
| Total liabilities | €215.59m |
| Total assets | €394.59m |
Recent financial health updates
EnviTec Biogas (ETR:ETG) Has A Rock Solid Balance Sheet
May 21
EnviTec Biogas (ETR:ETG) Has A Rock Solid Balance Sheet
Oct 26These 4 Measures Indicate That EnviTec Biogas (ETR:ETG) Is Using Debt Safely
Jun 22Here's Why EnviTec Biogas (ETR:ETG) Can Manage Its Debt Responsibly
Oct 24EnviTec Biogas (ETR:ETG) Could Easily Take On More Debt
May 23Recent updates
A Piece Of The Puzzle Missing From EnviTec Biogas AG's (ETR:ETG) 28% Share Price Climb
May 28EnviTec Biogas (ETR:ETG) Has A Rock Solid Balance Sheet
May 21Shareholders Can Be Confident That EnviTec Biogas' (ETR:ETG) Earnings Are High Quality
May 21Investors Give EnviTec Biogas AG (ETR:ETG) Shares A 28% Hiding
Feb 22EnviTec Biogas (ETR:ETG) Has Announced That It Will Be Increasing Its Dividend To €2.00
May 16There's Been No Shortage Of Growth Recently For EnviTec Biogas' (ETR:ETG) Returns On Capital
Apr 01EnviTec Biogas (ETR:ETG) Has A Rock Solid Balance Sheet
Oct 26EnviTec Biogas (ETR:ETG) Is Experiencing Growth In Returns On Capital
Jul 29These 4 Measures Indicate That EnviTec Biogas (ETR:ETG) Is Using Debt Safely
Jun 22EnviTec Biogas' (ETR:ETG) Dividend Will Be €1.00
May 20Investors Will Want EnviTec Biogas' (ETR:ETG) Growth In ROCE To Persist
Dec 20Here's Why EnviTec Biogas (ETR:ETG) Can Manage Its Debt Responsibly
Oct 24EnviTec Biogas (ETR:ETG) Could Easily Take On More Debt
May 23Returns On Capital Are Showing Encouraging Signs At EnviTec Biogas (ETR:ETG)
Apr 30Does The Market Have A Low Tolerance For EnviTec Biogas AG's (ETR:ETG) Mixed Fundamentals?
Mar 16Here's Why We Think EnviTec Biogas (ETR:ETG) Is Well Worth Watching
Feb 23Should You Buy EnviTec Biogas AG (ETR:ETG) For Its Dividend?
Feb 02
We Like These Underlying Trends At EnviTec Biogas (ETR:ETG)
Dec 19EnviTec Biogas AG's (ETR:ETG) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 03Here's Why I Think EnviTec Biogas (ETR:ETG) Is An Interesting Stock
Nov 18Financial Position Analysis
Short Term Liabilities: ETG's short term assets (€196.4M) exceed its short term liabilities (€108.2M).
Long Term Liabilities: ETG's short term assets (€196.4M) exceed its long term liabilities (€107.4M).
Debt to Equity History and Analysis
Debt Level: ETG's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: ETG's debt to equity ratio has increased from 36.3% to 48.5% over the past 5 years.
Debt Coverage: ETG's debt is well covered by operating cash flow (96%).
Interest Coverage: ETG earns more interest than it pays, so coverage of interest payments is not a concern.