Evli Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Evli Oyj has a total shareholder equity of €128.8M and total debt of €106.9M, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are €359.3M and €230.5M respectively. Evli Oyj's EBIT is €59.9M making its interest coverage ratio 13. It has cash and short-term investments of €5.9M.
Key information
83.0%
Debt to equity ratio
€106.90m
Debt
| Interest coverage ratio | 13x |
| Cash | €5.90m |
| Equity | €128.80m |
| Total liabilities | €230.50m |
| Total assets | €359.30m |
Financial Position Analysis
Short Term Liabilities: EVLI's short term assets (€227.6M) exceed its short term liabilities (€29.5M).
Long Term Liabilities: EVLI's short term assets (€227.6M) exceed its long term liabilities (€201.0M).
Debt to Equity History and Analysis
Debt Level: EVLI's net debt to equity ratio (78.4%) is considered high.
Reducing Debt: Insufficient data to determine if EVLI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EVLI's debt is well covered by operating cash flow (29.8%).
Interest Coverage: EVLI's interest payments on its debt are well covered by EBIT (13x coverage).