Elanco Animal Health Balance Sheet Health
Financial Health criteria checks 1/6
Elanco Animal Health has a total shareholder equity of $6.5B and total debt of $4.4B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are $13.3B and $6.8B respectively. Elanco Animal Health's EBIT is $260.0M making its interest coverage ratio 1. It has cash and short-term investments of $490.0M.
Key information
66.8%
Debt to equity ratio
US$4.36b
Debt
| Interest coverage ratio | 1x |
| Cash | US$490.00m |
| Equity | US$6.52b |
| Total liabilities | US$6.76b |
| Total assets | US$13.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5EA's short term assets ($3.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: 5EA's short term assets ($3.4B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: 5EA's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: 5EA's debt to equity ratio has increased from 43% to 66.8% over the past 5 years.
Debt Coverage: 5EA's debt is not well covered by operating cash flow (12%).
Interest Coverage: 5EA's interest payments on its debt are not well covered by EBIT (1x coverage).