DaVita Balance Sheet Health
Financial Health criteria checks 3/6
DaVita has a total shareholder equity of $2.7B and total debt of $8.1B, which brings its debt-to-equity ratio to 296.6%. Its total assets and total liabilities are $16.9B and $14.2B respectively. DaVita's EBIT is $1.6B making its interest coverage ratio 3.2. It has cash and short-term investments of $391.7M.
Key information
296.6%
Debt to equity ratio
US$8.14b
Debt
Interest coverage ratio | 3.2x |
Cash | US$391.67m |
Equity | US$2.74b |
Total liabilities | US$14.15b |
Total assets | US$16.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0I7E's short term assets ($3.1B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: 0I7E's short term assets ($3.1B) do not cover its long term liabilities ($11.5B).
Debt to Equity History and Analysis
Debt Level: 0I7E's net debt to equity ratio (282.3%) is considered high.
Reducing Debt: 0I7E's debt to equity ratio has increased from 195.1% to 296.6% over the past 5 years.
Debt Coverage: 0I7E's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 0I7E's interest payments on its debt are well covered by EBIT (3.2x coverage).