Viatris Balance Sheet Health
Financial Health criteria checks 3/6
Viatris has a total shareholder equity of $19.8B and total debt of $15.7B, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are $44.8B and $25.0B respectively. Viatris's EBIT is $1.9B making its interest coverage ratio 3.3. It has cash and short-term investments of $2.0B.
Key information
79.5%
Debt to equity ratio
US$15.74b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$2.05b |
| Equity | US$19.79b |
| Total liabilities | US$24.96b |
| Total assets | US$44.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTRS's short term assets ($11.3B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: VTRS's short term assets ($11.3B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: VTRS's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: VTRS's debt to equity ratio has reduced from 113.5% to 79.5% over the past 5 years.
Debt Coverage: VTRS's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: VTRS's interest payments on its debt are well covered by EBIT (3.3x coverage).