Encavis Balance Sheet Health
Financial Health criteria checks 2/6
Encavis has a total shareholder equity of €1.2B and total debt of €1.8B, which brings its debt-to-equity ratio to 151.7%. Its total assets and total liabilities are €3.6B and €2.4B respectively. Encavis's EBIT is €136.7M making its interest coverage ratio 2.3. It has cash and short-term investments of €265.9M.
Key information
151.7%
Debt to equity ratio
€1.82b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €265.93m |
| Equity | €1.20b |
| Total liabilities | €2.38b |
| Total assets | €3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECVD's short term assets (€499.3M) exceed its short term liabilities (€368.0M).
Long Term Liabilities: ECVD's short term assets (€499.3M) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: ECVD's net debt to equity ratio (129.5%) is considered high.
Reducing Debt: ECVD's debt to equity ratio has reduced from 223.7% to 151.7% over the past 5 years.
Debt Coverage: ECVD's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: ECVD's interest payments on its debt are not well covered by EBIT (2.3x coverage).