DaVita Balance Sheet Health
Financial Health criteria checks 3/6
DaVita has a total shareholder equity of $2.2B and total debt of $9.3B, which brings its debt-to-equity ratio to 419.9%. Its total assets and total liabilities are $17.5B and $15.3B respectively. DaVita's EBIT is $1.9B making its interest coverage ratio 3.7. It has cash and short-term investments of $1.1B.
Key information
419.9%
Debt to equity ratio
US$9.32b
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$1.09b |
| Equity | US$2.22b |
| Total liabilities | US$15.28b |
| Total assets | US$17.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRL's short term assets ($4.0B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: TRL's short term assets ($4.0B) do not cover its long term liabilities ($12.3B).
Debt to Equity History and Analysis
Debt Level: TRL's net debt to equity ratio (370.7%) is considered high.
Reducing Debt: TRL's debt to equity ratio has increased from 206.3% to 419.9% over the past 5 years.
Debt Coverage: TRL's debt is well covered by operating cash flow (21%).
Interest Coverage: TRL's interest payments on its debt are well covered by EBIT (3.7x coverage).