CVS Health Balance Sheet Health
Financial Health criteria checks 2/6
CVS Health has a total shareholder equity of $75.1B and total debt of $64.2B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are $252.4B and $177.3B respectively. CVS Health's EBIT is $9.5B making its interest coverage ratio 7.8. It has cash and short-term investments of $9.7B.
Key information
85.4%
Debt to equity ratio
US$64.16b
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$9.68b |
| Equity | US$75.11b |
| Total liabilities | US$177.32b |
| Total assets | US$252.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CVSD's short term assets ($67.3B) do not cover its short term liabilities ($84.6B).
Long Term Liabilities: CVSD's short term assets ($67.3B) do not cover its long term liabilities ($92.7B).
Debt to Equity History and Analysis
Debt Level: CVSD's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: CVSD's debt to equity ratio has reduced from 108.7% to 85.4% over the past 5 years.
Debt Coverage: CVSD's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: CVSD's interest payments on its debt are well covered by EBIT (7.8x coverage).