IQVIA Holdings Balance Sheet Health
Financial Health criteria checks 1/6
IQVIA Holdings has a total shareholder equity of $7.0B and total debt of $13.6B, which brings its debt-to-equity ratio to 194.9%. Its total assets and total liabilities are $27.2B and $20.2B respectively. IQVIA Holdings's EBIT is $2.2B making its interest coverage ratio 3.4. It has cash and short-term investments of $1.7B.
Key information
194.9%
Debt to equity ratio
US$13.58b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$1.71b |
| Equity | US$6.97b |
| Total liabilities | US$20.21b |
| Total assets | US$27.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IQVH's short term assets ($5.6B) do not cover its short term liabilities ($7.0B).
Long Term Liabilities: IQVH's short term assets ($5.6B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: IQVH's net debt to equity ratio (170.4%) is considered high.
Reducing Debt: IQVH's debt to equity ratio has increased from 181.1% to 194.9% over the past 5 years.
Debt Coverage: IQVH's debt is not well covered by operating cash flow (19%).
Interest Coverage: IQVH's interest payments on its debt are well covered by EBIT (3.4x coverage).