EVO (Evotec SE) Debt-to-Equity : 0.49 (As of Sep. 2024)

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What is Evotec SE Debt-to-Equity?

Evotec SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $59.4 Mil. Evotec SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $462.3 Mil. Evotec SE's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,074.9 Mil. Evotec SE's debt to equity for the quarter that ended in Sep. 2024 was 0.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Evotec SE's Debt-to-Equity or its related term are showing as below:

EVO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.46 Max: 1.03
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Evotec SE was 1.03. The lowest was 0.03. And the median was 0.46.

EVO's Debt-to-Equity is ranked worse than
67.8% of 826 companies
in the Drug Manufacturers industry
Industry Median: 0.27 vs EVO: 0.49

Evotec SE Debt-to-Equity Historical Data

The historical data trend for Evotec SE's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evotec SE Debt-to-Equity Chart

Evotec SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.97

0.68

0.37

0.43

0.56

Evotec SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.56	0.57	0.47	0.49

Competitive Comparison of Evotec SE's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Evotec SE's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Evotec SE's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Evotec SE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evotec SE's Debt-to-Equity falls into.

Evotec SE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evotec SE's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(162.58	+	520.298)	/	1221.274
	=	0.56

Evotec SE's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(59.42	+	462.28)	/	1074.882
	=	0.49

Evotec SE (NAS:EVO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Evotec SE Debt-to-Equity Related Terms

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Evotec SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Evotec SE (NAS:EVO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EVOTF:USA 1EVT:Italy EVTd:UK 0IRF:UK EVT:Germany EVT:Germany EVT:Germany EVT:Germany EVTA:Germany EVT:Bulgaria EVT:Austria

Address

Essener Bogen 7, Manfred Eigen Campus, Hamburg, DEU, 22419

Website

https://www.evotec.com

Evotec is a drug discovery partnership firm providing solutions to pharmaceutical and biotechnology companies, academic institutions, foundations, and nonprofit organizations. The company offers services in a variety of therapeutic areas, including central nervous system disorders, diabetes, inflammation, oncology, infectious diseases, and women's health. The shared R&D segment, roughly 80% of sales, provides drug discovery and manufacturing services on a typical fee-for-service basis and integrated drug discovery collaborations based on its proprietary, internally developed assets. The Just-Evotec Biologics segment, about 20% of sales, offers CDMO services for biologics. As of 2023, the company has over 5,000 employees and 18 production sites mainly in Europe and the United States.