Eurofins Scientific Balance Sheet Health
Financial Health criteria checks 4/6
Eurofins Scientific has a total shareholder equity of €5.3B and total debt of €2.9B, which brings its debt-to-equity ratio to 55.3%. Its total assets and total liabilities are €10.8B and €5.5B respectively. Eurofins Scientific's EBIT is €820.0M making its interest coverage ratio 5.8. It has cash and short-term investments of €681.2M.
Key information
55.3%
Debt to equity ratio
€2.93b
Debt
| Interest coverage ratio | 5.8x |
| Cash | €681.20m |
| Equity | €5.30b |
| Total liabilities | €5.50b |
| Total assets | €10.80b |
Recent financial health updates
Eurofins Scientific (EPA:ERF) Seems To Use Debt Quite Sensibly
Oct 21
These 4 Measures Indicate That Eurofins Scientific (EPA:ERF) Is Using Debt Extensively
May 10Does Eurofins Scientific (EPA:ERF) Have A Healthy Balance Sheet?
Nov 10We Think Eurofins Scientific (EPA:ERF) Is Taking Some Risk With Its Debt
Aug 07We Think Eurofins Scientific (EPA:ERF) Can Stay On Top Of Its Debt
May 03Here's Why Eurofins Scientific (EPA:ERF) Can Manage Its Debt Responsibly
Dec 14Recent updates
Eurofins Scientific (EPA:ERF) Seems To Use Debt Quite Sensibly
Oct 21Earnings Tell The Story For Eurofins Scientific SE (EPA:ERF)
Aug 17Results: Eurofins Scientific SE Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 27These 4 Measures Indicate That Eurofins Scientific (EPA:ERF) Is Using Debt Extensively
May 10We Discuss Why Eurofins Scientific SE's (EPA:ERF) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Apr 19Eurofins Scientific SE's (EPA:ERF) Price In Tune With Earnings
Apr 18Does Eurofins Scientific (EPA:ERF) Have A Healthy Balance Sheet?
Nov 10Eurofins Scientific SE's (EPA:ERF) Intrinsic Value Is Potentially 64% Above Its Share Price
Oct 23We Think Eurofins Scientific (EPA:ERF) Is Taking Some Risk With Its Debt
Aug 07Are Investors Undervaluing Eurofins Scientific SE (EPA:ERF) By 25%?
Jul 20We Think Eurofins Scientific (EPA:ERF) Can Stay On Top Of Its Debt
May 03Eurofins Scientific SE (EPA:ERF) Shares Could Be 21% Above Their Intrinsic Value Estimate
Apr 11Estimating The Intrinsic Value Of Eurofins Scientific SE (EPA:ERF)
Jan 05Here's Why Eurofins Scientific (EPA:ERF) Can Manage Its Debt Responsibly
Dec 14An Intrinsic Calculation For Eurofins Scientific SE (EPA:ERF) Suggests It's 33% Undervalued
Oct 03Does Eurofins Scientific (EPA:ERF) Have A Healthy Balance Sheet?
Sep 06Eurofins Scientific (EPA:ERF) Is Increasing Its Dividend To €1.00
Jun 25Are Investors Undervaluing Eurofins Scientific SE (EPA:ERF) By 39%?
Jun 16Eurofins Scientific (EPA:ERF) Has A Rock Solid Balance Sheet
Jun 01Should You Be Adding Eurofins Scientific (EPA:ERF) To Your Watchlist Today?
Apr 12These 4 Measures Indicate That Eurofins Scientific (EPA:ERF) Is Using Debt Safely
Feb 25Is Eurofins Scientific SE (EPA:ERF) Worth €114 Based On Its Intrinsic Value?
Nov 28Eurofins Scientific (EPA:ERF) Has A Rock Solid Balance Sheet
Nov 14Here's Why I Think Eurofins Scientific (EPA:ERF) Might Deserve Your Attention Today
Sep 30Are Eurofins Scientific SE (EPA:ERF) Investors Paying Above The Intrinsic Value?
Aug 29We Think Eurofins Scientific (EPA:ERF) Can Manage Its Debt With Ease
Aug 15Do Eurofins Scientific's (EPA:ERF) Earnings Warrant Your Attention?
Jun 24Estimating The Fair Value Of Eurofins Scientific SE (EPA:ERF)
May 25Eurofins Scientific (EPA:ERF) Has A Rock Solid Balance Sheet
Mar 31Does Eurofins Scientific (EPA:ERF) Deserve A Spot On Your Watchlist?
Mar 17Eurofins Scientific SE (EPA:ERF) Has Got What It Takes To Be An Attractive Dividend Stock
Mar 03Eurofins Scientific SE Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 03Are Institutions Heavily Invested In Eurofins Scientific SE's (EPA:ERF) Shares?
Feb 15
Is Eurofins Scientific's (EPA:ERF) 117% Share Price Increase Well Justified?
Dec 28Financial Position Analysis
Short Term Liabilities: ERF's short term assets (€2.6B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: ERF's short term assets (€2.6B) do not cover its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: ERF's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: ERF's debt to equity ratio has reduced from 109.6% to 55.3% over the past 5 years.
Debt Coverage: ERF's debt is well covered by operating cash flow (41.4%).
Interest Coverage: ERF's interest payments on its debt are well covered by EBIT (5.8x coverage).