CVS Health Balance Sheet Health
Financial Health criteria checks 2/6
CVS Health has a total shareholder equity of $74.2B and total debt of $64.1B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are $249.7B and $175.6B respectively. CVS Health's EBIT is $12.4B making its interest coverage ratio 8.2. It has cash and short-term investments of $13.1B.
Key information
86.5%
Debt to equity ratio
US$64.14b
Debt
Interest coverage ratio | 8.2x |
Cash | US$13.09b |
Equity | US$74.15b |
Total liabilities | US$175.59b |
Total assets | US$249.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVSCL's short term assets ($67.5B) do not cover its short term liabilities ($83.3B).
Long Term Liabilities: CVSCL's short term assets ($67.5B) do not cover its long term liabilities ($92.3B).
Debt to Equity History and Analysis
Debt Level: CVSCL's net debt to equity ratio (68.9%) is considered high.
Reducing Debt: CVSCL's debt to equity ratio has reduced from 123.7% to 86.5% over the past 5 years.
Debt Coverage: CVSCL's debt is not well covered by operating cash flow (17%).
Interest Coverage: CVSCL's interest payments on its debt are well covered by EBIT (8.2x coverage).