Option Care Health Balance Sheet Health
Financial Health criteria checks 5/6
Option Care Health has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are $3.4B and $2.0B respectively. Option Care Health's EBIT is $319.4M making its interest coverage ratio 6.2. It has cash and short-term investments of $490.2M.
Key information
77.9%
Debt to equity ratio
US$1.11b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$490.25m |
| Equity | US$1.43b |
| Total liabilities | US$2.00b |
| Total assets | US$3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPCH *'s short term assets ($1.3B) exceed its short term liabilities ($763.2M).
Long Term Liabilities: OPCH *'s short term assets ($1.3B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: OPCH *'s net debt to equity ratio (43.6%) is considered high.
Reducing Debt: OPCH *'s debt to equity ratio has reduced from 138.3% to 77.9% over the past 5 years.
Debt Coverage: OPCH *'s debt is well covered by operating cash flow (30.4%).
Interest Coverage: OPCH *'s interest payments on its debt are well covered by EBIT (6.2x coverage).