Enervit Balance Sheet Health
Financial Health criteria checks 5/6
Enervit has a total shareholder equity of €27.7M and total debt of €14.6M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are €70.2M and €42.5M respectively. Enervit's EBIT is €5.0M making its interest coverage ratio 17.4. It has cash and short-term investments of €12.8M.
Key information
52.6%
Debt to equity ratio
€14.58m
Debt
| Interest coverage ratio | 17.4x |
| Cash | €12.80m |
| Equity | €27.69m |
| Total liabilities | €42.53m |
| Total assets | €70.22m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: 0N9T's short term assets (€42.9M) exceed its short term liabilities (€26.2M).
Long Term Liabilities: 0N9T's short term assets (€42.9M) exceed its long term liabilities (€16.3M).
Debt to Equity History and Analysis
Debt Level: 0N9T's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 0N9T's debt to equity ratio has increased from 25.7% to 52.6% over the past 5 years.
Debt Coverage: 0N9T's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 0N9T's interest payments on its debt are well covered by EBIT (17.4x coverage).