This company listing is no longer active
CVS Health Balance Sheet Health
Financial Health criteria checks 2/6
CVS Health has a total shareholder equity of $75.1B and total debt of $66.4B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are $252.5B and $177.4B respectively. CVS Health's EBIT is $12.2B making its interest coverage ratio 5.4. It has cash and short-term investments of $16.3B.
Key information
88.4%
Debt to equity ratio
US$66.37b
Debt
Interest coverage ratio | 5.4x |
Cash | US$16.26b |
Equity | US$75.11b |
Total liabilities | US$177.37b |
Total assets | US$252.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVS's short term assets ($70.0B) do not cover its short term liabilities ($81.4B).
Long Term Liabilities: CVS's short term assets ($70.0B) do not cover its long term liabilities ($96.0B).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: CVS's debt to equity ratio has reduced from 114.8% to 88.4% over the past 5 years.
Debt Coverage: CVS's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (5.4x coverage).