Enviva Balance Sheet Health
Financial Health criteria checks 2/6
Enviva has a total shareholder equity of $262.3M and total debt of $1.8B, which brings its debt-to-equity ratio to 684.8%. Its total assets and total liabilities are $2.9B and $2.6B respectively.
Key information
684.8%
Debt to equity ratio
US$1.80b
Debt
| Interest coverage ratio | n/a |
| Cash | US$315.20m |
| Equity | US$262.32m |
| Total liabilities | US$2.63b |
| Total assets | US$2.89b |
Recent financial health updates
Recent updates
Enviva Looks Like A Zero
Nov 25Enviva: Time To Show Us The Money
Sep 13Enviva: The Business No Longer Looks Predictable
Jun 21Investors Still Aren't Entirely Convinced By Enviva Inc.'s (NYSE:EVA) Revenues Despite 42% Price Jump
Jun 20
Enviva declares $0.905 dividend
Feb 08Enviva announces long-term, 800,000 metric ton per year contract
Dec 21Enviva reports Q3 results
Nov 03Enviva: Why Blue Orca's Short Report Is Grossly Misleading
Oct 20Enviva: 2 Critical Upcoming Tests
Sep 07Enviva (NYSE:EVA) Is Increasing Its Dividend To $0.905
Aug 07Enviva declares $0.905 dividend
Aug 03Enviva: The Numbers Are Still Not Stacking Up For Their Dividends
Jun 25Enviva: 10% Dividend Growth In 2022, No K-1, Renewables Play
Apr 08Enviva: Accounting Complexities Make Their 2022 Outlook Difficult
Mar 29Here's What Analysts Are Forecasting For Enviva Inc. (NYSE:EVA) After Its Full-Year Results
Mar 04Enviva (NYSE:EVA) Is Increasing Its Dividend To US$0.86
Feb 08Financial Position Analysis
Short Term Liabilities: EVA's short term assets ($758.4M) exceed its short term liabilities ($535.8M).
Long Term Liabilities: EVA's short term assets ($758.4M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: EVA's net debt to equity ratio (564.6%) is considered high.
Reducing Debt: EVA's debt to equity ratio has increased from 262.9% to 684.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EVA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EVA has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 45.8% each year.