Envipco Holding Balance Sheet Health
Financial Health criteria checks 4/6
Envipco Holding has a total shareholder equity of €67.2M and total debt of €20.0M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are €120.4M and €53.2M respectively. Envipco Holding's EBIT is €7.4M making its interest coverage ratio 3.2. It has cash and short-term investments of €24.4M.
Key information
29.8%
Debt to equity ratio
€20.02m
Debt
| Interest coverage ratio | 3.2x |
| Cash | €24.36m |
| Equity | €67.20m |
| Total liabilities | €53.20m |
| Total assets | €120.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENVIP's short term assets (€87.9M) exceed its short term liabilities (€37.2M).
Long Term Liabilities: ENVIP's short term assets (€87.9M) exceed its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: ENVIP has more cash than its total debt.
Reducing Debt: ENVIP's debt to equity ratio has increased from 14.9% to 29.8% over the past 5 years.
Debt Coverage: ENVIP's debt is not well covered by operating cash flow (10%).
Interest Coverage: ENVIP's interest payments on its debt are well covered by EBIT (3.2x coverage).