Chemed Balance Sheet Health
Financial Health criteria checks 6/6
Chemed has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.7B and $544.1M respectively. Chemed's EBIT is $342.3M making its interest coverage ratio -40.8. It has cash and short-term investments of $313.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -40.8x |
Cash | US$313.35m |
Equity | US$1.18b |
Total liabilities | US$544.14m |
Total assets | US$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CXM's short term assets ($539.6M) exceed its short term liabilities ($282.0M).
Long Term Liabilities: CXM's short term assets ($539.6M) exceed its long term liabilities ($262.2M).
Debt to Equity History and Analysis
Debt Level: CXM is debt free.
Reducing Debt: CXM has no debt compared to 5 years ago when its debt to equity ratio was 17%.
Debt Coverage: CXM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CXM has no debt, therefore coverage of interest payments is not a concern.