EVN Balance Sheet Health
Financial Health criteria checks 5/6
EVN has a total shareholder equity of €6.9B and total debt of €1.3B, which brings its debt-to-equity ratio to 19.4%. Its total assets and total liabilities are €11.3B and €4.4B respectively. EVN's EBIT is €490.0M making its interest coverage ratio -3.7. It has cash and short-term investments of €211.5M.
Key information
19.4%
Debt to equity ratio
€1.33b
Debt
Interest coverage ratio | -3.7x |
Cash | €211.50m |
Equity | €6.86b |
Total liabilities | €4.39b |
Total assets | €11.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVNV's short term assets (€1.5B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: EVNV's short term assets (€1.5B) do not cover its long term liabilities (€3.1B).
Debt to Equity History and Analysis
Debt Level: EVNV's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: EVNV's debt to equity ratio has reduced from 27.6% to 19.4% over the past 5 years.
Debt Coverage: EVNV's debt is well covered by operating cash flow (96.5%).
Interest Coverage: EVNV earns more interest than it pays, so coverage of interest payments is not a concern.