Chemed Balance Sheet Health
Financial Health criteria checks 6/6
Chemed has a total shareholder equity of $1.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.8B and $533.7M respectively. Chemed's EBIT is $371.6M making its interest coverage ratio -28.2. It has cash and short-term investments of $238.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -28.2x |
| Cash | US$238.45m |
| Equity | US$1.24b |
| Total liabilities | US$533.68m |
| Total assets | US$1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHE *'s short term assets ($490.4M) exceed its short term liabilities ($264.8M).
Long Term Liabilities: CHE *'s short term assets ($490.4M) exceed its long term liabilities ($268.9M).
Debt to Equity History and Analysis
Debt Level: CHE * is debt free.
Reducing Debt: CHE * has no debt compared to 5 years ago when its debt to equity ratio was 19.3%.
Debt Coverage: CHE * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CHE * has no debt, therefore coverage of interest payments is not a concern.