Emova Group Balance Sheet Health
Financial Health criteria checks 2/6
Emova Group has a total shareholder equity of €32.1M and total debt of €18.7M, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are €77.5M and €45.3M respectively. Emova Group's EBIT is €5.0M making its interest coverage ratio 3.6. It has cash and short-term investments of €401.0K.
Key information
58.1%
Debt to equity ratio
€18.68m
Debt
| Interest coverage ratio | 3.6x |
| Cash | €401.00k |
| Equity | €32.13m |
| Total liabilities | €45.34m |
| Total assets | €77.47m |
Recent financial health updates
Is Emova Group (EPA:ALEMV) Using Too Much Debt?
Feb 20
These 4 Measures Indicate That Emova Group (EPA:ALEMV) Is Using Debt Extensively
Sep 18Is Emova Group (EPA:ALEMV) Using Too Much Debt?
Jul 26Recent updates
Is Emova Group (EPA:ALEMV) Using Too Much Debt?
Feb 20Emova Group (EPA:ALEMV) Is Doing The Right Things To Multiply Its Share Price
Nov 29Emova Group (EPA:ALEMV) Shareholders Will Want The ROCE Trajectory To Continue
May 12We Like These Underlying Return On Capital Trends At Emova Group (EPA:ALEMV)
Dec 10These 4 Measures Indicate That Emova Group (EPA:ALEMV) Is Using Debt Extensively
Sep 18Emova Group (EPA:ALEMV) Might Have The Makings Of A Multi-Bagger
Jun 18We Like These Underlying Return On Capital Trends At Emova Group (EPA:ALEMV)
Dec 30Is Emova Group (EPA:ALEMV) Using Too Much Debt?
Jul 26The Return Trends At Emova Group (EPA:ALEMV) Look Promising
May 30A Look At The Fair Value Of Emova Group SA (EPA:ALEMV)
Feb 14Financial Position Analysis
Short Term Liabilities: ALEMV's short term assets (€14.3M) do not cover its short term liabilities (€21.1M).
Long Term Liabilities: ALEMV's short term assets (€14.3M) do not cover its long term liabilities (€24.3M).
Debt to Equity History and Analysis
Debt Level: ALEMV's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: ALEMV's debt to equity ratio has increased from 32.5% to 58.1% over the past 5 years.
Debt Coverage: ALEMV's debt is well covered by operating cash flow (26.1%).
Interest Coverage: ALEMV's interest payments on its debt are well covered by EBIT (3.6x coverage).