Emova Group Balance Sheet Health
Financial Health criteria checks 2/6
Emova Group has a total shareholder equity of €32.1M and total debt of €18.7M, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are €77.5M and €45.3M respectively. Emova Group's EBIT is €5.0M making its interest coverage ratio 3.6. It has cash and short-term investments of €401.0K.
Key information
58.1%
Debt to equity ratio
€18.68m
Debt
Interest coverage ratio | 3.6x |
Cash | €401.00k |
Equity | €32.13m |
Total liabilities | €45.34m |
Total assets | €77.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2JV1's short term assets (€14.3M) do not cover its short term liabilities (€21.1M).
Long Term Liabilities: 2JV1's short term assets (€14.3M) do not cover its long term liabilities (€24.3M).
Debt to Equity History and Analysis
Debt Level: 2JV1's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: 2JV1's debt to equity ratio has increased from 32.5% to 58.1% over the past 5 years.
Debt Coverage: 2JV1's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 2JV1's interest payments on its debt are well covered by EBIT (3.6x coverage).