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 ratio | 5x |
| Cash | €298.87m |
| Equity | €1.01b |
| Total liabilities | €987.43m |
| Total assets | €2.00b |
Recent financial health updates
We Think Evotec (ETR:EVT) Has A Fair Chunk Of Debt
Aug 03
These 4 Measures Indicate That Evotec (ETR:EVT) Is Using Debt Reasonably Well
Mar 05We Think Evotec (ETR:EVT) Can Stay On Top Of Its Debt
Oct 05Evotec (ETR:EVT) Has A Somewhat Strained Balance Sheet
Jun 28Does Evotec (ETR:EVT) Have A Healthy Balance Sheet?
Feb 25Recent updates
Evotec SE (ETR:EVT) Just Reported Earnings, And Analysts Cut Their Target Price
Aug 17Evotec SE (ETR:EVT) Stock's 45% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 08We Think Evotec (ETR:EVT) Has A Fair Chunk Of Debt
Aug 03Investors Aren't Entirely Convinced By Evotec SE's (ETR:EVT) Revenues
Apr 10These 4 Measures Indicate That Evotec (ETR:EVT) Is Using Debt Reasonably Well
Mar 05A Piece Of The Puzzle Missing From Evotec SE's (ETR:EVT) Share Price
Jan 09We Think Evotec (ETR:EVT) Can Stay On Top Of Its Debt
Oct 05Evotec (ETR:EVT) Has A Somewhat Strained Balance Sheet
Jun 28Is There An Opportunity With Evotec SE's (ETR:EVT) 37% Undervaluation?
May 14Does Evotec (ETR:EVT) Have A Healthy Balance Sheet?
Feb 25Evotec (ETR:EVT) Seems To Use Debt Quite Sensibly
Jul 29Is Now The Time To Look At Buying Evotec SE (ETR:EVT)?
May 16Is Evotec (ETR:EVT) A Risky Investment?
Apr 28Do Evotec's (ETR:EVT) Earnings Warrant Your Attention?
Mar 15At €36.91, Is It Time To Put Evotec SE (ETR:EVT) On Your Watch List?
Jan 10Evotec (ETR:EVT) Takes On Some Risk With Its Use Of Debt
Nov 14Financial 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).