EVERTEC Balance Sheet Health
Financial Health criteria checks 3/6
EVERTEC has a total shareholder equity of $525.5M and total debt of $959.9M, which brings its debt-to-equity ratio to 182.6%. Its total assets and total liabilities are $1.9B and $1.4B respectively. EVERTEC's EBIT is $137.5M making its interest coverage ratio 2.9. It has cash and short-term investments of $257.7M.
Key information
182.6%
Debt to equity ratio
US$959.87m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$257.70m |
| Equity | US$525.53m |
| Total liabilities | US$1.36b |
| Total assets | US$1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVTC N's short term assets ($530.8M) exceed its short term liabilities ($291.0M).
Long Term Liabilities: EVTC N's short term assets ($530.8M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: EVTC N's net debt to equity ratio (133.6%) is considered high.
Reducing Debt: EVTC N's debt to equity ratio has reduced from 238.3% to 182.6% over the past 5 years.
Debt Coverage: EVTC N's debt is well covered by operating cash flow (24.5%).
Interest Coverage: EVTC N's interest payments on its debt are not well covered by EBIT (2.9x coverage).