Savencia Balance Sheet Health
Financial Health criteria checks 5/6
Savencia has a total shareholder equity of €1.9B and total debt of €1.0B, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are €4.4B and €2.6B respectively. Savencia's EBIT is €258.4M making its interest coverage ratio 31.7. It has cash and short-term investments of €438.0M.
Key information
54.3%
Debt to equity ratio
€1.03b
Debt
Interest coverage ratio | 31.7x |
Cash | €438.03m |
Equity | €1.89b |
Total liabilities | €2.55b |
Total assets | €4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAVEP's short term assets (€2.4B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: SAVEP's short term assets (€2.4B) exceed its long term liabilities (€520.7M).
Debt to Equity History and Analysis
Debt Level: SAVEP's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: SAVEP's debt to equity ratio has reduced from 68.1% to 54.3% over the past 5 years.
Debt Coverage: SAVEP's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: SAVEP's interest payments on its debt are well covered by EBIT (31.7x coverage).