IQVIA Holdings Balance Sheet Health
Financial Health criteria checks 1/6
IQVIA Holdings has a total shareholder equity of $6.3B and total debt of $13.5B, which brings its debt-to-equity ratio to 213.4%. Its total assets and total liabilities are $26.6B and $20.2B respectively. IQVIA Holdings's EBIT is $2.1B making its interest coverage ratio 3.2. It has cash and short-term investments of $1.6B.
Key information
213.4%
Debt to equity ratio
US$13.54b
Debt
Interest coverage ratio | 3.2x |
Cash | US$1.58b |
Equity | US$6.34b |
Total liabilities | US$20.23b |
Total assets | US$26.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTS's short term assets ($5.7B) do not cover its short term liabilities ($6.4B).
Long Term Liabilities: QTS's short term assets ($5.7B) do not cover its long term liabilities ($13.8B).
Debt to Equity History and Analysis
Debt Level: QTS's net debt to equity ratio (188.5%) is considered high.
Reducing Debt: QTS's debt to equity ratio has increased from 164.7% to 213.4% over the past 5 years.
Debt Coverage: QTS's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: QTS's interest payments on its debt are well covered by EBIT (3.2x coverage).