Envipco Holding Balance Sheet Health
Financial Health criteria checks 3/6
Envipco Holding has a total shareholder equity of €42.8M and total debt of €16.8M, which brings its debt-to-equity ratio to 39.2%. Its total assets and total liabilities are €96.3M and €53.5M respectively. Envipco Holding's EBIT is €2.7M making its interest coverage ratio 2.4. It has cash and short-term investments of €9.9M.
Key information
39.2%
Debt to equity ratio
€16.80m
Debt
Interest coverage ratio | 2.4x |
Cash | €9.89m |
Equity | €42.79m |
Total liabilities | €53.52m |
Total assets | €96.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENVIP's short term assets (€65.7M) exceed its short term liabilities (€41.5M).
Long Term Liabilities: ENVIP's short term assets (€65.7M) exceed its long term liabilities (€12.0M).
Debt to Equity History and Analysis
Debt Level: ENVIP's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: ENVIP's debt to equity ratio has increased from 17.5% to 39.2% over the past 5 years.
Debt Coverage: ENVIP's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: ENVIP's interest payments on its debt are not well covered by EBIT (2.4x coverage).