Envases Venezolanos Balance Sheet Health
Financial Health criteria checks 6/6
Envases Venezolanos has a total shareholder equity of VES609.8M and total debt of VES0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are VES944.5M and VES334.7M respectively. Envases Venezolanos's EBIT is VES230.5M making its interest coverage ratio 91.4. It has cash and short-term investments of VES186.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 91.4x |
| Cash | US$186.19m |
| Equity | US$609.79m |
| Total liabilities | US$334.73m |
| Total assets | US$944.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENV's short term assets (VES608.2M) exceed its short term liabilities (VES124.7M).
Long Term Liabilities: ENV's short term assets (VES608.2M) exceed its long term liabilities (VES210.1M).
Debt to Equity History and Analysis
Debt Level: ENV is debt free.
Reducing Debt: ENV has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
Debt Coverage: ENV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ENV has no debt, therefore coverage of interest payments is not a concern.