Enervit Balance Sheet Health
Financial Health criteria checks 5/6
Enervit has a total shareholder equity of €31.0M and total debt of €9.2M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are €65.3M and €34.3M respectively. Enervit's EBIT is €5.2M making its interest coverage ratio 27.1. It has cash and short-term investments of €12.5M.
Key information
29.7%
Debt to equity ratio
€9.21m
Debt
| Interest coverage ratio | 27.1x |
| Cash | €12.50m |
| Equity | €31.01m |
| Total liabilities | €34.31m |
| Total assets | €65.32m |
Recent financial health updates
Is Enervit (BIT:ENV) Using Too Much Debt?
Oct 19
Enervit (BIT:ENV) Is Making Moderate Use Of Debt
May 11Recent updates
Does Enervit (BIT:ENV) Deserve A Spot On Your Watchlist?
Nov 24There Are Reasons To Feel Uneasy About Enervit's (BIT:ENV) Returns On Capital
Mar 22Is Enervit (BIT:ENV) Using Too Much Debt?
Oct 19Enervit (BIT:ENV) Is Making Moderate Use Of Debt
May 11Introducing Enervit (BIT:ENV), A Stock That Climbed 27% In The Last Year
Mar 18Is Enervit S.p.A. (BIT:ENV) A Strong Dividend Stock?
Jan 24
Enervit's(BIT:ENV) Share Price Is Down 17% Over The Past Three Years.
Dec 01Financial Position Analysis
Short Term Liabilities: ENV's short term assets (€40.2M) exceed its short term liabilities (€24.5M).
Long Term Liabilities: ENV's short term assets (€40.2M) exceed its long term liabilities (€9.8M).
Debt to Equity History and Analysis
Debt Level: ENV has more cash than its total debt.
Reducing Debt: ENV's debt to equity ratio has increased from 13% to 29.7% over the past 5 years.
Debt Coverage: ENV's debt is well covered by operating cash flow (50.8%).
Interest Coverage: ENV's interest payments on its debt are well covered by EBIT (27.1x coverage).