CVS Health Balance Sheet Health
Financial Health criteria checks 2/6
CVS Health has a total shareholder equity of $74.2B and total debt of $64.1B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are $249.7B and $175.6B respectively. CVS Health's EBIT is $12.4B making its interest coverage ratio 8.2. It has cash and short-term investments of $13.1B.
Key information
86.5%
Debt to equity ratio
US$64.14b
Debt
Interest coverage ratio | 8.2x |
Cash | US$13.09b |
Equity | US$74.15b |
Total liabilities | US$175.59b |
Total assets | US$249.74b |
Recent financial health updates
Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?
Mar 27We Think CVS Health (NYSE:CVS) Is Taking Some Risk With Its Debt
Dec 08Recent updates
The Correct Play On CVS Health
Jun 06CVS Health: Downside Movement Is Overdramatic
May 26CVS Health: Secure Dividend And Upside Potential Presents Compelling Opportunity
May 15We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now
May 10CVS Health: A Terrible Earnings Report, But An Undervalued Stock
May 04CVS Health Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 03CVS Health: 8x P/E, 8% Growth Projection - It's A Market Blind Spot
Apr 22Sentiment Still Eluding CVS Health Corporation (NYSE:CVS)
Apr 14CVS Health: Lookback, Management Guidance Vs. Results 2018-To-Date
Apr 10Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?
Mar 27CVS Health: Better Times Likely Ahead
Mar 12CVS Health: Lower Guidance But Risk/Reward Remains Attractive
Feb 15CVS Health FY23 Earnings: Downgrades Inevitable, Long Term Outlook In The Balance
Feb 07CVS Health: Back In The Buy Column
Jan 21CVS Health (NYSE:CVS) Has Announced That It Will Be Increasing Its Dividend To $0.665
Jan 17CVS Health: Shares Remain Modestly Undervalued, Robust Free Cash Flow, Technical Strength
Jan 08CVS Health (NYSE:CVS) Is Paying Out A Larger Dividend Than Last Year
Jan 03CVS Health: Risk/Reward Highly Skewed To The Upside
Dec 15CVS Health (NYSE:CVS) Is Increasing Its Dividend To $0.665
Dec 13We Think CVS Health (NYSE:CVS) Is Taking Some Risk With Its Debt
Dec 08CVS Health: A Good Fit To Buffett's 10x Pretax Rule
Dec 07CVS Health: Not One Dividend Cut In 30 Years And A Good Upside
Nov 27CVS Health: All Eyes On December Investor Day
Nov 21CVS Health Ahead Of Q3 Earnings: Making The Pivot Toward Value-Based Care Work
Oct 26CVS Health: 'Only' A Fair Company For A Wonderful Price?
Oct 20CVS Health Offers Recession-Resistant Growth With Transformation
Oct 05CVS Stock: The Risk-Reward Is In A Better Place
Sep 18Financial Position Analysis
Short Term Liabilities: CVS's short term assets ($67.5B) do not cover its short term liabilities ($83.3B).
Long Term Liabilities: CVS's short term assets ($67.5B) do not cover its long term liabilities ($92.3B).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: CVS's debt to equity ratio has reduced from 123.7% to 86.5% over the past 5 years.
Debt Coverage: CVS's debt is not well covered by operating cash flow (17%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (8.2x coverage).