Encavis Balance Sheet Health
Financial Health criteria checks 2/6
Encavis has a total shareholder equity of €1.2B and total debt of €1.6B, which brings its debt-to-equity ratio to 136.8%. Its total assets and total liabilities are €3.6B and €2.4B respectively. Encavis's EBIT is €154.1M making its interest coverage ratio 2.6. It has cash and short-term investments of €309.0M.
Key information
136.8%
Debt to equity ratio
€1.62b
Debt
Interest coverage ratio | 2.6x |
Cash | €309.00m |
Equity | €1.19b |
Total liabilities | €2.39b |
Total assets | €3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NBT's short term assets (€539.2M) exceed its short term liabilities (€515.1M).
Long Term Liabilities: 0NBT's short term assets (€539.2M) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: 0NBT's net debt to equity ratio (110.8%) is considered high.
Reducing Debt: 0NBT's debt to equity ratio has reduced from 195.9% to 136.8% over the past 5 years.
Debt Coverage: 0NBT's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 0NBT's interest payments on its debt are not well covered by EBIT (2.6x coverage).