Viatris Balance Sheet Health
Financial Health criteria checks 3/6
Viatris has a total shareholder equity of $20.5B and total debt of $18.1B, which brings its debt-to-equity ratio to 88.5%. Its total assets and total liabilities are $47.7B and $27.2B respectively. Viatris's EBIT is $2.2B making its interest coverage ratio 3.8. It has cash and short-term investments of $1.2B.
Key information
88.5%
Debt to equity ratio
US$18.12b
Debt
Interest coverage ratio | 3.8x |
Cash | US$1.18b |
Equity | US$20.47b |
Total liabilities | US$27.22b |
Total assets | US$47.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VTRS *'s short term assets ($13.0B) exceed its short term liabilities ($7.8B).
Long Term Liabilities: VTRS *'s short term assets ($13.0B) do not cover its long term liabilities ($19.4B).
Debt to Equity History and Analysis
Debt Level: VTRS *'s net debt to equity ratio (82.8%) is considered high.
Reducing Debt: VTRS *'s debt to equity ratio has reduced from 113.6% to 88.5% over the past 5 years.
Debt Coverage: VTRS *'s debt is not well covered by operating cash flow (15.4%).
Interest Coverage: VTRS *'s interest payments on its debt are well covered by EBIT (3.8x coverage).