IQVIA Holdings Balance Sheet Health
Financial Health criteria checks 1/6
IQVIA Holdings has a total shareholder equity of $5.3B and total debt of $12.4B, which brings its debt-to-equity ratio to 231.8%. Its total assets and total liabilities are $24.2B and $18.9B respectively. IQVIA Holdings's EBIT is $1.9B making its interest coverage ratio 5.2. It has cash and short-term investments of $1.4B.
Key information
231.8%
Debt to equity ratio
US$12.39b
Debt
Interest coverage ratio | 5.2x |
Cash | US$1.36b |
Equity | US$5.35b |
Total liabilities | US$18.88b |
Total assets | US$24.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTS's short term assets ($4.8B) do not cover its short term liabilities ($5.3B).
Long Term Liabilities: QTS's short term assets ($4.8B) do not cover its long term liabilities ($13.6B).
Debt to Equity History and Analysis
Debt Level: QTS's net debt to equity ratio (206.3%) is considered high.
Reducing Debt: QTS's debt to equity ratio has increased from 130% to 231.8% over the past 5 years.
Debt Coverage: QTS's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: QTS's interest payments on its debt are well covered by EBIT (5.2x coverage).