Encavis Balance Sheet Health
Financial Health criteria checks 3/6
Encavis has a total shareholder equity of €1.2B and total debt of €1.6B, which brings its debt-to-equity ratio to 134.3%. Its total assets and total liabilities are €3.5B and €2.4B respectively. Encavis's EBIT is €167.4M making its interest coverage ratio 4.3. It has cash and short-term investments of €384.7M.
Key information
134.3%
Debt to equity ratio
€1.55b
Debt
| Interest coverage ratio | 4.3x |
| Cash | €384.72m |
| Equity | €1.15b |
| Total liabilities | €2.36b |
| Total assets | €3.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENCV.F's short term assets (€591.9M) exceed its short term liabilities (€371.3M).
Long Term Liabilities: ENCV.F's short term assets (€591.9M) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: ENCV.F's net debt to equity ratio (101%) is considered high.
Reducing Debt: ENCV.F's debt to equity ratio has reduced from 211.9% to 134.3% over the past 5 years.
Debt Coverage: ENCV.F's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: ENCV.F's interest payments on its debt are well covered by EBIT (4.3x coverage).