IQVIA Holdings Balance Sheet Health
Financial Health criteria checks 1/6
IQVIA Holdings has a total shareholder equity of $6.1B and total debt of $13.7B, which brings its debt-to-equity ratio to 224.5%. Its total assets and total liabilities are $26.7B and $20.6B respectively. IQVIA Holdings's EBIT is $2.1B making its interest coverage ratio 3.3. It has cash and short-term investments of $1.5B.
Key information
224.5%
Debt to equity ratio
US$13.72b
Debt
Interest coverage ratio | 3.3x |
Cash | US$1.50b |
Equity | US$6.11b |
Total liabilities | US$20.57b |
Total assets | US$26.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JDM's short term assets ($5.6B) do not cover its short term liabilities ($6.5B).
Long Term Liabilities: 0JDM's short term assets ($5.6B) do not cover its long term liabilities ($14.1B).
Debt to Equity History and Analysis
Debt Level: 0JDM's net debt to equity ratio (200.1%) is considered high.
Reducing Debt: 0JDM's debt to equity ratio has increased from 158.5% to 224.5% over the past 5 years.
Debt Coverage: 0JDM's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 0JDM's interest payments on its debt are well covered by EBIT (3.3x coverage).