McKesson Balance Sheet Health
Financial Health criteria checks 2/6
McKesson has a total shareholder equity of $-1.7B and total debt of $5.7B, which brings its debt-to-equity ratio to -338.3%. Its total assets and total liabilities are $66.5B and $68.2B respectively. McKesson's EBIT is $3.7B making its interest coverage ratio 26. It has cash and short-term investments of $2.0B.
Key information
-338.3%
Debt to equity ratio
US$5.69b
Debt
Interest coverage ratio | 26x |
Cash | US$1.98b |
Equity | -US$1.68b |
Total liabilities | US$68.19b |
Total assets | US$66.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M1CK34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: M1CK34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: M1CK34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: M1CK34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: M1CK34's debt is well covered by operating cash flow (61.4%).
Interest Coverage: M1CK34's interest payments on its debt are well covered by EBIT (26x coverage).