McKesson Balance Sheet Health
Financial Health criteria checks 2/6
McKesson has a total shareholder equity of $-2.6B and total debt of $5.5B, which brings its debt-to-equity ratio to -208.9%. Its total assets and total liabilities are $72.4B and $75.1B respectively. McKesson's EBIT is $4.3B making its interest coverage ratio 24.3. It has cash and short-term investments of $2.5B.
Key information
-208.9%
Debt to equity ratio
US$5.52b
Debt
| Interest coverage ratio | 24.3x |
| Cash | US$2.51b |
| Equity | -US$2.64b |
| Total liabilities | US$75.07b |
| Total assets | US$72.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JZU has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0JZU has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0JZU has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0JZU's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0JZU's debt is well covered by operating cash flow (92.8%).
Interest Coverage: 0JZU's interest payments on its debt are well covered by EBIT (24.3x coverage).