Evoke Balance Sheet Health
Financial Health criteria checks 0/6
Evoke has a total shareholder equity of £-56.1M and total debt of £1.7B, which brings its debt-to-equity ratio to -3001.6%. Its total assets and total liabilities are £2.6B and £2.7B respectively. Evoke's EBIT is £38.6M making its interest coverage ratio 0.2. It has cash and short-term investments of £243.6M.
Key information
-3,001.6%
Debt to equity ratio
UK£1.68b
Debt
| Interest coverage ratio | 0.2x |
| Cash | UK£243.60m |
| Equity | -UK£56.10m |
| Total liabilities | UK£2.70b |
| Total assets | UK£2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVOKL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EVOKL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EVOKL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EVOKL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EVOKL's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: EVOKL's interest payments on its debt are not well covered by EBIT (0.2x coverage).