Encavis Balance Sheet Health
Financial Health criteria checks 2/6
Encavis has a total shareholder equity of €1.2B and total debt of €2.0B, which brings its debt-to-equity ratio to 171.6%. Its total assets and total liabilities are €3.8B and €2.6B respectively. Encavis's EBIT is €103.2M making its interest coverage ratio 1.4. It has cash and short-term investments of €261.2M.
Key information
171.6%
Debt to equity ratio
€2.03b
Debt
| Interest coverage ratio | 1.4x |
| Cash | €261.25m |
| Equity | €1.18b |
| Total liabilities | €2.64b |
| Total assets | €3.82b |
Recent financial health updates
Is Encavis (ETR:ECV) Using Too Much Debt?
Jan 30
Encavis (ETR:ECV) Seems To Use Debt Quite Sensibly
Oct 23Is Encavis (ETR:ECV) A Risky Investment?
Jul 07These 4 Measures Indicate That Encavis (ETR:ECV) Is Using Debt Reasonably Well
Mar 28Encavis (ETR:ECV) Has A Pretty Healthy Balance Sheet
Dec 26Is Encavis (ETR:ECV) Using Too Much Debt?
Sep 15Recent updates
Returns Are Gaining Momentum At Encavis (ETR:ECV)
Feb 17Is Encavis (ETR:ECV) Using Too Much Debt?
Jan 30Encavis AG's (ETR:ECV) Earnings Haven't Escaped The Attention Of Investors
Dec 23Encavis (ETR:ECV) Seems To Use Debt Quite Sensibly
Oct 23Encavis (ETR:ECV) Is Doing The Right Things To Multiply Its Share Price
Oct 05Is There An Opportunity With Encavis AG's (ETR:ECV) 36% Undervaluation?
Jul 23Is Encavis (ETR:ECV) A Risky Investment?
Jul 07Encavis (ETR:ECV) Shareholders Will Want The ROCE Trajectory To Continue
Jun 22Encavis AG (ETR:ECV) Shares Could Be 26% Below Their Intrinsic Value Estimate
Apr 19These 4 Measures Indicate That Encavis (ETR:ECV) Is Using Debt Reasonably Well
Mar 28Returns At Encavis (ETR:ECV) Are On The Way Up
Mar 10Encavis (ETR:ECV) Has A Pretty Healthy Balance Sheet
Dec 26Encavis (ETR:ECV) Shareholders Will Want The ROCE Trajectory To Continue
Dec 08Is Encavis (ETR:ECV) Using Too Much Debt?
Sep 15Returns At Encavis (ETR:ECV) Are On The Way Up
Aug 28Encavis (ETR:ECV) Has A Pretty Healthy Balance Sheet
Jun 08Encavis (ETR:ECV) Is Experiencing Growth In Returns On Capital
May 21With EPS Growth And More, Encavis (ETR:ECV) Is Interesting
Apr 14Encavis (ETR:ECV) Seems To Use Debt Quite Sensibly
Feb 15Is Now The Time To Put Encavis (ETR:ECV) On Your Watchlist?
Jan 06Investors Met With Slowing Returns on Capital At Encavis (ETR:ECV)
Dec 02These 4 Measures Indicate That Encavis (ETR:ECV) Is Using Debt Extensively
Oct 09Does Encavis (ETR:ECV) Deserve A Spot On Your Watchlist?
Sep 23Encavis (ETR:ECV) Has Some Way To Go To Become A Multi-Bagger
Aug 24Encavis AG's (ETR:ECV) Intrinsic Value Is Potentially 81% Above Its Share Price
Jun 24Encavis (ETR:ECV) Takes On Some Risk With Its Use Of Debt
Jun 07Encavis (ETR:ECV) Has Some Way To Go To Become A Multi-Bagger
May 21We Think Encavis (ETR:ECV) Is Taking Some Risk With Its Debt
Mar 07Financial Position Analysis
Short Term Liabilities: ECV's short term assets (€531.4M) exceed its short term liabilities (€452.9M).
Long Term Liabilities: ECV's short term assets (€531.4M) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: ECV's net debt to equity ratio (149.5%) is considered high.
Reducing Debt: ECV's debt to equity ratio has reduced from 212.9% to 171.6% over the past 5 years.
Debt Coverage: ECV's debt is not well covered by operating cash flow (11%).
Interest Coverage: ECV's interest payments on its debt are not well covered by EBIT (1.4x coverage).