EnviTec Biogas Balance Sheet Health
Financial Health criteria checks 6/6
EnviTec Biogas has a total shareholder equity of €197.8M and total debt of €67.3M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are €419.3M and €221.5M respectively. EnviTec Biogas's EBIT is €75.6M making its interest coverage ratio 100.8. It has cash and short-term investments of €116.9M.
Key information
34.1%
Debt to equity ratio
€67.34m
Debt
| Interest coverage ratio | 100.8x |
| Cash | €116.87m |
| Equity | €197.75m |
| Total liabilities | €221.54m |
| Total assets | €419.29m |
Recent financial health updates
EnviTec Biogas (ETR:ETG) Has A Rock Solid Balance Sheet
Oct 26
These 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
Investors 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 (€247.1M) exceed its short term liabilities (€155.9M).
Long Term Liabilities: ETG's short term assets (€247.1M) exceed its long term liabilities (€65.6M).
Debt to Equity History and Analysis
Debt Level: ETG has more cash than its total debt.
Reducing Debt: ETG's debt to equity ratio has reduced from 45.3% to 34.1% over the past 5 years.
Debt Coverage: ETG's debt is well covered by operating cash flow (144.5%).
Interest Coverage: ETG's interest payments on its debt are well covered by EBIT (100.8x coverage).