Evotec Balance Sheet Health

Financial Health criteria checks 5/6

Evotec has a total shareholder equity of €1.0B and total debt of €473.5M, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are €2.0B and €987.4M respectively. Evotec's EBIT is €33.3M making its interest coverage ratio 5. It has cash and short-term investments of €298.9M.

Key information

46.8%

Debt to equity ratio

€473.51m

Debt

Interest coverage ratio5x
Cash€298.87m
Equity€1.01b
Total liabilities€987.43m
Total assets€2.00b

Recent financial health updates

Recent updates

A Piece Of The Puzzle Missing From Evotec SE's (ETR:EVT) 32% Share Price Climb

Nov 05
A Piece Of The Puzzle Missing From Evotec SE's (ETR:EVT) 32% Share Price Climb

Evotec SE (ETR:EVT) Just Reported Earnings, And Analysts Cut Their Target Price

Aug 17
Evotec SE (ETR:EVT) Just Reported Earnings, And Analysts Cut Their Target Price

Evotec SE (ETR:EVT) Stock's 45% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Aug 08
Evotec SE (ETR:EVT) Stock's 45% Dive Might Signal An Opportunity But It Requires Some Scrutiny

We Think Evotec (ETR:EVT) Has A Fair Chunk Of Debt

Aug 03
We Think Evotec (ETR:EVT) Has A Fair Chunk Of Debt

Investors Aren't Entirely Convinced By Evotec SE's (ETR:EVT) Revenues

Apr 10
Investors Aren't Entirely Convinced By Evotec SE's (ETR:EVT) Revenues

These 4 Measures Indicate That Evotec (ETR:EVT) Is Using Debt Reasonably Well

Mar 05
These 4 Measures Indicate That Evotec (ETR:EVT) Is Using Debt Reasonably Well

A Piece Of The Puzzle Missing From Evotec SE's (ETR:EVT) Share Price

Jan 09
A Piece Of The Puzzle Missing From Evotec SE's (ETR:EVT) Share Price

We Think Evotec (ETR:EVT) Can Stay On Top Of Its Debt

Oct 05
We Think Evotec (ETR:EVT) Can Stay On Top Of Its Debt

Evotec (ETR:EVT) Has A Somewhat Strained Balance Sheet

Jun 28
Evotec (ETR:EVT) Has A Somewhat Strained Balance Sheet

Is There An Opportunity With Evotec SE's (ETR:EVT) 37% Undervaluation?

May 14
Is There An Opportunity With Evotec SE's (ETR:EVT) 37% Undervaluation?

Does Evotec (ETR:EVT) Have A Healthy Balance Sheet?

Feb 25
Does Evotec (ETR:EVT) Have A Healthy Balance Sheet?

Evotec (ETR:EVT) Seems To Use Debt Quite Sensibly

Jul 29
Evotec (ETR:EVT) Seems To Use Debt Quite Sensibly

Is Now The Time To Look At Buying Evotec SE (ETR:EVT)?

May 16
Is Now The Time To Look At Buying Evotec SE (ETR:EVT)?

Is Evotec (ETR:EVT) A Risky Investment?

Apr 28
Is Evotec (ETR:EVT) A Risky Investment?

Do Evotec's (ETR:EVT) Earnings Warrant Your Attention?

Mar 15
Do Evotec's (ETR:EVT) Earnings Warrant Your Attention?

Financial Position Analysis

Short Term Liabilities: EVT's short term assets (€655.5M) exceed its short term liabilities (€357.5M).

Long Term Liabilities: EVT's short term assets (€655.5M) exceed its long term liabilities (€629.9M).


Debt to Equity History and Analysis

Debt Level: EVT's net debt to equity ratio (17.3%) is considered satisfactory.

Reducing Debt: EVT's debt to equity ratio has reduced from 75.9% to 46.8% over the past 5 years.

Debt Coverage: EVT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: EVT's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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