Envestnet Balance Sheet Health
Financial Health criteria checks 2/6
Envestnet has a total shareholder equity of $574.5M and total debt of $876.6M, which brings its debt-to-equity ratio to 152.6%. Its total assets and total liabilities are $1.9B and $1.3B respectively. Envestnet's EBIT is $44.1M making its interest coverage ratio 2.3. It has cash and short-term investments of $91.4M.
Key information
152.6%
Debt to equity ratio
US$876.61m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$91.38m |
| Equity | US$574.51m |
| Total liabilities | US$1.30b |
| Total assets | US$1.88b |
Recent financial health updates
Envestnet (NYSE:ENV) Has A Pretty Healthy Balance Sheet
Apr 27
Is Envestnet (NYSE:ENV) A Risky Investment?
Jan 27Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Jul 16Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Apr 16We Think Envestnet (NYSE:ENV) Has A Fair Chunk Of Debt
Jan 16Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Oct 03Recent updates
Envestnet (NYSE:ENV) Has A Pretty Healthy Balance Sheet
Apr 27Envestnet, Inc.'s (NYSE:ENV) Share Price Is Matching Sentiment Around Its Revenues
Apr 08Is It Too Late To Consider Buying Envestnet, Inc. (NYSE:ENV)?
Mar 21Envestnet: Still Bullish After Q4 Results Beat
Feb 25Is Envestnet (NYSE:ENV) A Risky Investment?
Jan 27Envestnet, Inc. (NYSE:ENV) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jan 09Envestnet, Inc. (NYSE:ENV) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Dec 22When Should You Buy Envestnet, Inc. (NYSE:ENV)?
Dec 03Envestnet Grows Profit But Revenue Stalls Out
Nov 21Envestnet: A Mixed View (Rating Downgrade)
Sep 12Envestnet, Inc. (NYSE:ENV) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 10Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Jul 16Envestnet Guides To Slow Revenue Growth In 2023
Jul 03Are Investors Undervaluing Envestnet, Inc. (NYSE:ENV) By 31%?
Jun 11Should You Investigate Envestnet, Inc. (NYSE:ENV) At US$54.21?
May 24Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Apr 16Are Investors Undervaluing Envestnet, Inc. (NYSE:ENV) By 27%?
Feb 27Envestnet Non-GAAP EPS of $0.45 beats by $0.01, revenue of $292.9M misses by $3.24M, revenue guidance below consensus
Feb 23Is Now An Opportune Moment To Examine Envestnet, Inc. (NYSE:ENV)?
Feb 06Envestnet: Best Nearby Infotech Software Cap-Gain Stock Prospect
Jan 31We Think Envestnet (NYSE:ENV) Has A Fair Chunk Of Debt
Jan 16Envestnet gains amid proxy fight with investor Impactive Capital
Jan 04Envestnet to offer $350M of convertible notes due 2027
Nov 14Envestnet: Watch New Data Platform And Q3 Results
Oct 31Envestnet, Inc.'s (NYSE:ENV) Intrinsic Value Is Potentially 95% Above Its Share Price
Oct 30Envestnet data and analytics business announces partnership with tata consultancy services
Oct 12Does Envestnet (NYSE:ENV) Have A Healthy Balance Sheet?
Oct 03Envestnet Revenue Flattens Amid Modernization Push
Aug 10Envestnet acquires Redi2 Technologies
Jul 06Here's Why Envestnet (NYSE:ENV) Has A Meaningful Debt Burden
Jul 05Envestnet Stock: Spotlight On Potential Takeover
Apr 18Is There An Opportunity With Envestnet, Inc.'s (NYSE:ENV) 46% Undervaluation?
Feb 22Envestnet (NYSE:ENV) Seems To Use Debt Quite Sensibly
Jan 27Financial Position Analysis
Short Term Liabilities: ENV's short term assets ($263.8M) do not cover its short term liabilities ($292.5M).
Long Term Liabilities: ENV's short term assets ($263.8M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: ENV's net debt to equity ratio (136.7%) is considered high.
Reducing Debt: ENV's debt to equity ratio has increased from 72.8% to 152.6% 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: Whilst unprofitable ENV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ENV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.8% per year.