Evolution Balance Sheet Health
Financial Health criteria checks 6/6
Evolution has a total shareholder equity of €3.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €5.0B and €1.1B respectively. Evolution's EBIT is €1.2B making its interest coverage ratio -71. It has cash and short-term investments of €974.1M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -71x |
Cash | €974.13m |
Equity | €3.93b |
Total liabilities | €1.11b |
Total assets | €5.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVO N's short term assets (€1.9B) exceed its short term liabilities (€702.1M).
Long Term Liabilities: EVO N's short term assets (€1.9B) exceed its long term liabilities (€404.0M).
Debt to Equity History and Analysis
Debt Level: EVO N is debt free.
Reducing Debt: EVO N has no debt compared to 5 years ago when its debt to equity ratio was 3.3%.
Debt Coverage: EVO N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EVO N has no debt, therefore coverage of interest payments is not a concern.