Elevance Health Balance Sheet Health

Financial Health criteria checks 5/6

Elevance Health has a total shareholder equity of $43.9B and total debt of $27.1B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are $116.5B and $72.7B respectively. Elevance Health's EBIT is $10.6B making its interest coverage ratio 9.6. It has cash and short-term investments of $37.9B.

Key information

61.9%

Debt to equity ratio

US$27.15b

Debt

Interest coverage ratio9.6x
CashUS$37.93b
EquityUS$43.88b
Total liabilitiesUS$72.65b
Total assetsUS$116.53b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ELV's short term assets ($62.8B) exceed its short term liabilities ($42.0B).

Long Term Liabilities: ELV's short term assets ($62.8B) exceed its long term liabilities ($30.6B).


Debt to Equity History and Analysis

Debt Level: ELV has more cash than its total debt.

Reducing Debt: ELV's debt to equity ratio has reduced from 66.1% to 61.9% over the past 5 years.

Debt Coverage: ELV's debt is not well covered by operating cash flow (7.8%).

Interest Coverage: ELV's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


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