Evolis Balance Sheet Health
Financial Health criteria checks 6/6
Evolis has a total shareholder equity of €75.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €93.2M and €17.9M respectively. Evolis's EBIT is €20.6M making its interest coverage ratio -54.6. It has cash and short-term investments of €24.3M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -54.6x |
Cash | €24.29m |
Equity | €75.34m |
Total liabilities | €17.90m |
Total assets | €93.24m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALTVO's short term assets (€70.0M) exceed its short term liabilities (€15.9M).
Long Term Liabilities: ALTVO's short term assets (€70.0M) exceed its long term liabilities (€2.0M).
Debt to Equity History and Analysis
Debt Level: ALTVO is debt free.
Reducing Debt: ALTVO has no debt compared to 5 years ago when its debt to equity ratio was 4.1%.
Debt Coverage: ALTVO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ALTVO has no debt, therefore coverage of interest payments is not a concern.