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 $1.7B and $544.1M respectively. Chemed's EBIT is $342.3M making its interest coverage ratio -40.8. It has cash and short-term investments of $313.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -40.8x |
Cash | US$313.35m |
Equity | US$1.18b |
Total liabilities | US$544.14m |
Total assets | US$1.73b |
Recent financial health updates
Chemed (NYSE:CHE) Has A Rock Solid Balance Sheet
Jun 07Is Chemed (NYSE:CHE) Using Too Much Debt?
Jan 05Does Chemed (NYSE:CHE) Have A Healthy Balance Sheet?
Oct 01Is Chemed (NYSE:CHE) A Risky Investment?
Jun 29Is Chemed (NYSE:CHE) Using Too Much Debt?
Mar 25Recent updates
Is Chemed Corporation (NYSE:CHE) Trading At A 50% Discount?
Apr 26Chemed Corporation (NYSE:CHE) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Mar 01The Price Is Right For Chemed Corporation (NYSE:CHE)
Dec 30Chemed: Continues To Compound Shareholder Value At Double-Digit Returns
Nov 30Chemed (NYSE:CHE) Is Aiming To Keep Up Its Impressive Returns
Oct 26Chemed - Showcasing Why It's So Reliable
Aug 26Chemed: Still Bullish On Economic Characteristics, But Risks Shouldn't Be Overlooked
Aug 13Is Chemed Corporation (NYSE:CHE) Worth US$521 Based On Its Intrinsic Value?
Aug 01Capital Investments At Chemed (NYSE:CHE) Point To A Promising Future
Jul 14Chemed (NYSE:CHE) Has A Rock Solid Balance Sheet
Jun 07Chemed (NYSE:CHE) Is Aiming To Keep Up Its Impressive Returns
Apr 09Chemed Q4 2022 Earnings Preview
Feb 22Chemed Corporation: Long-Term Tailwinds, But Remains A Hold
Feb 14Is Chemed (NYSE:CHE) Using Too Much Debt?
Jan 05Here's What Chemed's (NYSE:CHE) Strong Returns On Capital Mean
Dec 17Chemed declares $0.38 dividend
Nov 04Chemed Q3 2022 Earnings Preview
Oct 28Does Chemed (NYSE:CHE) Have A Healthy Balance Sheet?
Oct 01Capital Investment Trends At Chemed (NYSE:CHE) Look Strong
Sep 16Buy Chemed To Reduce Equity Beta And Stabilize Portfolio Returns
Aug 26A Look At The Intrinsic Value Of Chemed Corporation (NYSE:CHE)
Aug 16Chemed declares $0.38 dividend
Aug 05Chemed Q2 results mixed, co increases top end of FY 2022 adj. EPS guidance range
Jul 27Is Chemed (NYSE:CHE) A Risky Investment?
Jun 29Chemed announces a five-year $550M amended and restated senior secured credit facility
Jun 29Returns on Capital Paint A Bright Future For Chemed (NYSE:CHE)
Jun 14Estimating The Intrinsic Value Of Chemed Corporation (NYSE:CHE)
May 14Is Chemed (NYSE:CHE) Using Too Much Debt?
Mar 25Financial Position Analysis
Short Term Liabilities: CHE's short term assets ($539.6M) exceed its short term liabilities ($282.0M).
Long Term Liabilities: CHE's short term assets ($539.6M) exceed its long term liabilities ($262.2M).
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 17%.
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.