Evonik Industries AG

XTRA:EVK Stock Report

Market Cap: €8.7b

Evonik Industries Balance Sheet Health

Financial Health criteria checks 5/6

Evonik Industries has a total shareholder equity of €9.1B and total debt of €2.9B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are €19.8B and €10.7B respectively. Evonik Industries's EBIT is €834.0M making its interest coverage ratio 5.9. It has cash and short-term investments of €618.0M.

Key information

31.5%

Debt to equity ratio

€2.86b

Debt

Interest coverage ratio5.9x
Cash€618.00m
Equity€9.10b
Total liabilities€10.65b
Total assets€19.75b

Recent financial health updates

Is Evonik Industries (ETR:EVK) A Risky Investment?

Mar 20
Is Evonik Industries (ETR:EVK) A Risky Investment?

We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt

Dec 18
We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt

Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Jul 02
Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Recent updates

Is There Now An Opportunity In Evonik Industries AG (ETR:EVK)?

Apr 18
Is There Now An Opportunity In Evonik Industries AG (ETR:EVK)?

Is Evonik Industries (ETR:EVK) A Risky Investment?

Mar 20
Is Evonik Industries (ETR:EVK) A Risky Investment?

Market Participants Recognise Evonik Industries AG's (ETR:EVK) Revenues

Feb 17
Market Participants Recognise Evonik Industries AG's (ETR:EVK) Revenues

Investors Will Want Evonik Industries' (ETR:EVK) Growth In ROCE To Persist

Feb 02
Investors Will Want Evonik Industries' (ETR:EVK) Growth In ROCE To Persist

Is Now The Time To Look At Buying Evonik Industries AG (ETR:EVK)?

Jan 17
Is Now The Time To Look At Buying Evonik Industries AG (ETR:EVK)?

We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt

Dec 18
We Think Evonik Industries (ETR:EVK) Can Stay On Top Of Its Debt
author-image

Innovative Strategies And Cost Efficiency To Drive Exciting Growth In Emerging Sectors

Nov 25 Strategic realignment and cost-saving initiatives are expected to enhance focus on high-growth areas, reducing costs and improving net margins.

We Like Evonik Industries' (ETR:EVK) Earnings For More Than Just Statutory Profit

Nov 14
We Like Evonik Industries' (ETR:EVK) Earnings For More Than Just Statutory Profit

Is Evonik Industries AG (ETR:EVK) Trading At A 45% Discount?

Oct 22
Is Evonik Industries AG (ETR:EVK) Trading At A 45% Discount?

Some Confidence Is Lacking In Evonik Industries AG's (ETR:EVK) P/S

Aug 25
Some Confidence Is Lacking In Evonik Industries AG's (ETR:EVK) P/S

Is There An Opportunity With Evonik Industries AG's (ETR:EVK) 42% Undervaluation?

Jul 20
Is There An Opportunity With Evonik Industries AG's (ETR:EVK) 42% Undervaluation?

Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Jul 02
Does Evonik Industries (ETR:EVK) Have A Healthy Balance Sheet?

Evonik Industries (ETR:EVK) Could Be Struggling To Allocate Capital

May 29
Evonik Industries (ETR:EVK) Could Be Struggling To Allocate Capital

Evonik Industries AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 11
Evonik Industries AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Evonik Industries AG's (ETR:EVK) Share Price Could Signal Some Risk

Apr 29
Evonik Industries AG's (ETR:EVK) Share Price Could Signal Some Risk

Financial Position Analysis

Short Term Liabilities: EVK's short term assets (€5.5B) exceed its short term liabilities (€4.1B).

Long Term Liabilities: EVK's short term assets (€5.5B) do not cover its long term liabilities (€6.6B).

Debt to Equity History and Analysis

Debt Level: EVK's net debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: EVK's debt to equity ratio has reduced from 42.7% to 31.5% over the past 5 years.

Debt Coverage: EVK's debt is well covered by operating cash flow (59.8%).

Interest Coverage: EVK's interest payments on its debt are well covered by EBIT (5.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/17 15:34
End of Day Share Price 2025/04/17 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evonik Industries AG is covered by 31 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andreas HeineBarclays
Anil ShenoyBarclays
Sebastian BrayBerenberg