Evotec Balance Sheet Health
Financial Health criteria checks 3/6
Evotec has a total shareholder equity of €1.1B and total debt of €627.6M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are €2.2B and €1.1B respectively.
Key information
56.7%
Debt to equity ratio
€627.55m
Debt
Interest coverage ratio | n/a |
Cash | €509.94m |
Equity | €1.11b |
Total liabilities | €1.10b |
Total assets | €2.21b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IRF's short term assets (€826.1M) exceed its short term liabilities (€443.0M).
Long Term Liabilities: 0IRF's short term assets (€826.1M) exceed its long term liabilities (€659.1M).
Debt to Equity History and Analysis
Debt Level: 0IRF's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: 0IRF's debt to equity ratio has increased from 27.4% to 56.7% over the past 5 years.
Debt Coverage: 0IRF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0IRF's interest payments on its debt are well covered by EBIT.