Evotec Balance Sheet Health
Financial Health criteria checks 3/6
Evotec has a total shareholder equity of €1.1B and total debt of €437.6M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are €2.3B and €1.1B respectively. Evotec's EBIT is €1.0M making its interest coverage ratio 0.4. It has cash and short-term investments of €604.1M.
Key information
39.1%
Debt to equity ratio
€437.60m
Debt
Interest coverage ratio | 0.4x |
Cash | €604.11m |
Equity | €1.12b |
Total liabilities | €1.13b |
Total assets | €2.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVOT.F's short term assets (€903.2M) exceed its short term liabilities (€464.6M).
Long Term Liabilities: EVOT.F's short term assets (€903.2M) exceed its long term liabilities (€668.0M).
Debt to Equity History and Analysis
Debt Level: EVOT.F has more cash than its total debt.
Reducing Debt: EVOT.F's debt to equity ratio has increased from 25.8% to 39.1% over the past 5 years.
Debt Coverage: EVOT.F's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: EVOT.F's interest payments on its debt are not well covered by EBIT (0.4x coverage).