CTS Eventim KGaA Balance Sheet Health
Financial Health criteria checks 6/6
CTS Eventim KGaA has a total shareholder equity of €1.0B and total debt of €3.2M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €3.2B and €2.2B respectively. CTS Eventim KGaA's EBIT is €390.3M making its interest coverage ratio -15.5. It has cash and short-term investments of €1.7B.
Key information
0.3%
Debt to equity ratio
€3.23m
Debt
| Interest coverage ratio | -15.5x |
| Cash | €1.67b |
| Equity | €1.01b |
| Total liabilities | €2.18b |
| Total assets | €3.20b |
Recent financial health updates
Is CTS Eventim KGaA (ETR:EVD) A Risky Investment?
Apr 10
CTS Eventim KGaA (ETR:EVD) Has Debt But No Earnings; Should You Worry?
Mar 15Is CTS Eventim KGaA (ETR:EVD) Using Too Much Debt?
Nov 29Is CTS Eventim KGaA (ETR:EVD) A Risky Investment?
Jul 24Recent updates
Are CTS Eventim AG & Co. KGaA (ETR:EVD) Investors Paying Above The Intrinsic Value?
May 08CTS Eventim KGaA's (ETR:EVD) Dividend Will Be Increased To €1.43
Apr 26Getting In Cheap On CTS Eventim AG & Co. KGaA (ETR:EVD) Is Unlikely
Apr 22Is CTS Eventim KGaA (ETR:EVD) A Risky Investment?
Apr 10CTS Eventim KGaA (ETR:EVD) Has Announced That It Will Be Increasing Its Dividend To €1.43
Mar 29CTS Eventim KGaA (ETR:EVD) May Have Issues Allocating Its Capital
Mar 24Is Now The Time To Look At Buying CTS Eventim AG & Co. KGaA (ETR:EVD)?
Mar 10Calculating The Fair Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
Jan 28With EPS Growth And More, CTS Eventim KGaA (ETR:EVD) Makes An Interesting Case
Jan 14Pinning Down CTS Eventim AG & Co. KGaA's (ETR:EVD) P/E Is Difficult Right Now
Jan 01Here's What's Concerning About CTS Eventim KGaA's (ETR:EVD) Returns On Capital
Dec 02Is CTS Eventim AG & Co. KGaA (ETR:EVD) Potentially Undervalued?
Nov 01Here's Why CTS Eventim KGaA (ETR:EVD) Has Caught The Eye Of Investors
Oct 04CTS Eventim KGaA (ETR:EVD) Might Become A Compounding Machine
Aug 28Calculating The Fair Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
Aug 13What Is CTS Eventim AG & Co. KGaA's (ETR:EVD) Share Price Doing?
Jul 31Do CTS Eventim KGaA's (ETR:EVD) Earnings Warrant Your Attention?
Jul 04Investors Shouldn't Overlook The Favourable Returns On Capital At CTS Eventim KGaA (ETR:EVD)
May 23Estimating The Intrinsic Value Of CTS Eventim AG & Co. KGaA (ETR:EVD)
May 08When Should You Buy CTS Eventim AG & Co. KGaA (ETR:EVD)?
Apr 24Is Now The Time To Put CTS Eventim KGaA (ETR:EVD) On Your Watchlist?
Mar 26Returns On Capital Signal Tricky Times Ahead For CTS Eventim KGaA (ETR:EVD)
Feb 08What Does CTS Eventim AG & Co. KGaA's (ETR:EVD) Share Price Indicate?
Jan 23Does CTS Eventim KGaA (ETR:EVD) Deserve A Spot On Your Watchlist?
Dec 20Does This Valuation Of CTS Eventim AG & Co. KGaA (ETR:EVD) Imply Investors Are Overpaying?
Dec 05Is It Time To Consider Buying CTS Eventim AG & Co. KGaA (ETR:EVD)?
Sep 30Is Now An Opportune Moment To Examine CTS Eventim AG & Co. KGaA (ETR:EVD)?
Jun 14CTS Eventim KGaA (ETR:EVD) Has Debt But No Earnings; Should You Worry?
Mar 15Should You Think About Buying CTS Eventim AG & Co. KGaA (ETR:EVD) Now?
Feb 16Is CTS Eventim KGaA (ETR:EVD) Using Too Much Debt?
Nov 29Is There Now An Opportunity In CTS Eventim AG & Co. KGaA (ETR:EVD)?
Nov 03Is There An Opportunity With CTS Eventim AG & Co. KGaA's (ETR:EVD) 21% Undervaluation?
Aug 19Is CTS Eventim KGaA (ETR:EVD) A Risky Investment?
Jul 24Most Shareholders Will Probably Find That The CEO Compensation For CTS Eventim AG & Co. KGaA (ETR:EVD) Is Reasonable
Jun 27Analysts Just Slashed Their CTS Eventim AG & Co. KGaA (ETR:EVD) Earnings Forecasts
Mar 28Is CTS Eventim AG & Co. KGaA (ETR:EVD) Popular Amongst Insiders?
Mar 02Financial Position Analysis
Short Term Liabilities: EVD's short term assets (€2.1B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: EVD's short term assets (€2.1B) exceed its long term liabilities (€235.0M).
Debt to Equity History and Analysis
Debt Level: EVD has more cash than its total debt.
Reducing Debt: EVD's debt to equity ratio has reduced from 17.7% to 0.3% over the past 5 years.
Debt Coverage: EVD's debt is well covered by operating cash flow (19526.5%).
Interest Coverage: EVD earns more interest than it pays, so coverage of interest payments is not a concern.