Viatris Balance Sheet Health
Financial Health criteria checks 3/6
Viatris has a total shareholder equity of $19.5B and total debt of $17.1B, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are $45.3B and $25.8B respectively. Viatris's EBIT is $1.9B making its interest coverage ratio 3.4. It has cash and short-term investments of $1.0B.
Key information
87.6%
Debt to equity ratio
US$17.09b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$1.02b |
| Equity | US$19.52b |
| Total liabilities | US$25.81b |
| Total assets | US$45.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VIA's short term assets ($11.8B) exceed its short term liabilities ($7.7B).
Long Term Liabilities: VIA's short term assets ($11.8B) do not cover its long term liabilities ($18.1B).
Debt to Equity History and Analysis
Debt Level: VIA's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: VIA's debt to equity ratio has reduced from 111.7% to 87.6% over the past 5 years.
Debt Coverage: VIA's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: VIA's interest payments on its debt are well covered by EBIT (3.4x coverage).