Option Care Health Balance Sheet Health
Financial Health criteria checks 4/6
Option Care Health has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are $3.2B and $1.8B respectively. Option Care Health's EBIT is $298.2M making its interest coverage ratio 4.8. It has cash and short-term investments of $395.4M.
Key information
73.8%
Debt to equity ratio
US$1.06b
Debt
Interest coverage ratio | 4.8x |
Cash | US$395.42m |
Equity | US$1.44b |
Total liabilities | US$1.80b |
Total assets | US$3.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: O2PC34's short term assets ($1.1B) exceed its short term liabilities ($624.1M).
Long Term Liabilities: O2PC34's short term assets ($1.1B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: O2PC34's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: O2PC34's debt to equity ratio has reduced from 89.4% to 73.8% over the past 5 years.
Debt Coverage: O2PC34's debt is well covered by operating cash flow (34.2%).
Interest Coverage: O2PC34's interest payments on its debt are well covered by EBIT (4.8x coverage).