CVS Health Balance Sheet Health
Financial Health criteria checks 3/6
CVS Health has a total shareholder equity of $76.6B and total debt of $60.2B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are $249.7B and $173.1B respectively. CVS Health's EBIT is $14.1B making its interest coverage ratio 9.4. It has cash and short-term investments of $11.5B.
Key information
78.6%
Debt to equity ratio
US$60.22b
Debt
Interest coverage ratio | 9.4x |
Cash | US$11.46b |
Equity | US$76.64b |
Total liabilities | US$173.09b |
Total assets | US$249.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVS's short term assets ($67.9B) do not cover its short term liabilities ($79.2B).
Long Term Liabilities: CVS's short term assets ($67.9B) do not cover its long term liabilities ($93.9B).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: CVS's debt to equity ratio has reduced from 124.3% to 78.6% over the past 5 years.
Debt Coverage: CVS's debt is well covered by operating cash flow (22.3%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (9.4x coverage).