Envestnet Balance Sheet Health
Financial Health criteria checks 2/6
Envestnet has a total shareholder equity of $526.6M and total debt of $880.3M, which brings its debt-to-equity ratio to 167.2%. Its total assets and total liabilities are $1.8B and $1.3B respectively. Envestnet's EBIT is $81.4M making its interest coverage ratio 5. It has cash and short-term investments of $193.4M.
Key information
167.2%
Debt to equity ratio
US$880.33m
Debt
| Interest coverage ratio | 5x |
| Cash | US$193.36m |
| Equity | US$526.61m |
| Total liabilities | US$1.30b |
| Total assets | US$1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 30E's short term assets ($363.0M) do not cover its short term liabilities ($617.9M).
Long Term Liabilities: 30E's short term assets ($363.0M) do not cover its long term liabilities ($684.2M).
Debt to Equity History and Analysis
Debt Level: 30E's net debt to equity ratio (130.5%) is considered high.
Reducing Debt: 30E's debt to equity ratio has increased from 66.6% to 167.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 30E has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 30E is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.5% per year.