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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECV1's short term assets (€531.4M) exceed its short term liabilities (€452.9M).
Long Term Liabilities: ECV1's short term assets (€531.4M) do not cover its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: ECV1's net debt to equity ratio (149.5%) is considered high.
Reducing Debt: ECV1's debt to equity ratio has reduced from 212.9% to 171.6% over the past 5 years.
Debt Coverage: ECV1's debt is not well covered by operating cash flow (11%).
Interest Coverage: ECV1's interest payments on its debt are not well covered by EBIT (1.4x coverage).