DaVita Balance Sheet Health
Financial Health criteria checks 2/6
DaVita has a total shareholder equity of $2.6B and total debt of $8.9B, which brings its debt-to-equity ratio to 337%. Its total assets and total liabilities are $17.4B and $14.8B respectively. DaVita's EBIT is $1.7B making its interest coverage ratio 3.4. It has cash and short-term investments of $355.7M.
Key information
337.0%
Debt to equity ratio
US$8.88b
Debt
Interest coverage ratio | 3.4x |
Cash | US$355.74m |
Equity | US$2.64b |
Total liabilities | US$14.79b |
Total assets | US$17.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DVAI34's short term assets ($3.7B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: DVAI34's short term assets ($3.7B) do not cover its long term liabilities ($12.2B).
Debt to Equity History and Analysis
Debt Level: DVAI34's net debt to equity ratio (323.5%) is considered high.
Reducing Debt: DVAI34's debt to equity ratio has increased from 194.8% to 337% over the past 5 years.
Debt Coverage: DVAI34's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: DVAI34's interest payments on its debt are well covered by EBIT (3.4x coverage).