Enervit Balance Sheet Health
Financial Health criteria checks 6/6
Enervit has a total shareholder equity of €31.3M and total debt of €7.9M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are €70.2M and €38.9M respectively. Enervit's EBIT is €4.6M making its interest coverage ratio 40.4. It has cash and short-term investments of €5.9M.
Key information
25.1%
Debt to equity ratio
€7.87m
Debt
| Interest coverage ratio | 40.4x |
| Cash | €5.92m |
| Equity | €31.32m |
| Total liabilities | €38.90m |
| Total assets | €70.22m |
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 (€46.3M) exceed its short term liabilities (€31.2M).
Long Term Liabilities: ENV's short term assets (€46.3M) exceed its long term liabilities (€7.7M).
Debt to Equity History and Analysis
Debt Level: ENV's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: ENV's debt to equity ratio has reduced from 32.9% to 25.1% over the past 5 years.
Debt Coverage: ENV's debt is well covered by operating cash flow (71%).
Interest Coverage: ENV's interest payments on its debt are well covered by EBIT (40.4x coverage).