ENAV Balance Sheet Health
Financial Health criteria checks 6/6
ENAV has a total shareholder equity of €1.2B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €2.0B and €861.2M respectively. ENAV's EBIT is €160.2M making its interest coverage ratio 38.8. It has cash and short-term investments of €199.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 38.8x |
| Cash | €199.52m |
| Equity | €1.18b |
| Total liabilities | €861.19m |
| Total assets | €2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENAVM's short term assets (€587.8M) exceed its short term liabilities (€343.5M).
Long Term Liabilities: ENAVM's short term assets (€587.8M) exceed its long term liabilities (€517.7M).
Debt to Equity History and Analysis
Debt Level: ENAVM is debt free.
Reducing Debt: ENAVM has no debt compared to 5 years ago when its debt to equity ratio was 30.4%.
Debt Coverage: ENAVM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ENAVM has no debt, therefore coverage of interest payments is not a concern.