Evergent Investments Balance Sheet Health
Financial Health criteria checks 5/6
Evergent Investments has a total shareholder equity of RON2.7B and total debt of RON87.6M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are RON3.0B and RON340.5M respectively. Evergent Investments's EBIT is RON131.4M making its interest coverage ratio 22.4. It has cash and short-term investments of RON621.9M.
Key information
3.3%
Debt to equity ratio
RON87.55m
Debt
Interest coverage ratio | 22.4x |
Cash | RON621.88m |
Equity | RON2.69b |
Total liabilities | RON340.55m |
Total assets | RON3.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EVER's short term assets (RON676.4M) exceed its short term liabilities (RON86.6M).
Long Term Liabilities: EVER's short term assets (RON676.4M) exceed its long term liabilities (RON253.9M).
Debt to Equity History and Analysis
Debt Level: EVER has more cash than its total debt.
Reducing Debt: EVER's debt to equity ratio has increased from 2.8% to 3.3% over the past 5 years.
Debt Coverage: EVER's debt is well covered by operating cash flow (272.1%).
Interest Coverage: EVER's interest payments on its debt are well covered by EBIT (22.4x coverage).