Encavis Balance Sheet Health
Financial Health criteria checks 2/6
Encavis has a total shareholder equity of €1.2B and total debt of €1.9B, which brings its debt-to-equity ratio to 162.4%. Its total assets and total liabilities are €3.7B and €2.5B respectively. Encavis's EBIT is €121.5M making its interest coverage ratio 2. It has cash and short-term investments of €299.7M.
Key information
162.4%
Debt to equity ratio
€1.95b
Debt
| Interest coverage ratio | 2x |
| Cash | €299.71m |
| Equity | €1.20b |
| Total liabilities | €2.52b |
| Total assets | €3.72b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: ECV1D's short term assets (€554.6M) exceed its short term liabilities (€409.0M).
Long Term Liabilities: ECV1D's short term assets (€554.6M) do not cover its long term liabilities (€2.1B).
Debt to Equity History and Analysis
Debt Level: ECV1D's net debt to equity ratio (137.4%) is considered high.
Reducing Debt: ECV1D's debt to equity ratio has reduced from 221.6% to 162.4% over the past 5 years.
Debt Coverage: ECV1D's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: ECV1D's interest payments on its debt are not well covered by EBIT (2x coverage).