Evergent Investments Balance Sheet Health
Financial Health criteria checks 5/6
Evergent Investments has a total shareholder equity of RON2.9B and total debt of RON63.1M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are RON3.2B and RON315.2M respectively. Evergent Investments's EBIT is RON148.1M making its interest coverage ratio 24.2. It has cash and short-term investments of RON727.5M.
Key information
2.2%
Debt to equity ratio
RON 63.08m
Debt
Interest coverage ratio | 24.2x |
Cash | RON 727.50m |
Equity | RON 2.88b |
Total liabilities | RON 315.20m |
Total assets | RON 3.20b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EVER's short term assets (RON727.5M) exceed its short term liabilities (RON130.7M).
Long Term Liabilities: EVER's short term assets (RON727.5M) exceed its long term liabilities (RON184.5M).
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 0% to 2.2% over the past 5 years.
Debt Coverage: EVER's debt is well covered by operating cash flow (612.6%).
Interest Coverage: EVER's interest payments on its debt are well covered by EBIT (24.2x coverage).