CVS Health Balance Sheet Health
Financial Health criteria checks 2/6
CVS Health has a total shareholder equity of $75.1B and total debt of $64.2B, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are $252.4B and $177.3B respectively. CVS Health's EBIT is $9.5B making its interest coverage ratio 7.8. It has cash and short-term investments of $9.7B.
Key information
85.4%
Debt to equity ratio
US$64.16b
Debt
Interest coverage ratio | 7.8x |
Cash | US$9.68b |
Equity | US$75.11b |
Total liabilities | US$177.32b |
Total assets | US$252.43b |
Recent financial health updates
CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet
Nov 03Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden
Jul 21Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?
Mar 27Recent updates
There May Be Some Bright Spots In CVS Health's (NYSE:CVS) Earnings
Nov 19CVS Health: Cheap But No Signs Of Turnaround (Yet)
Nov 06CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet
Nov 03CVS Health Stock Dip: Undervalued And Ready For A Turnaround
Oct 24CVS Health: Glenview's Activism Ramps Up Pressure On Management
Sep 30CVS Health: At Least There's A Valuable Lesson (Rating Downgrade)
Sep 10A Piece Of The Puzzle Missing From CVS Health Corporation's (NYSE:CVS) Share Price
Aug 08CVS Health Q2 Earnings: CEO's Swinging Axe May Have Ended The Bear Run
Aug 07Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden
Jul 21CVS Health: A Better Investment Than Walgreens Boots Alliance
Jul 09Vltava Fund - CVS Health Corp.: Why We Sold CVS
Jul 03CVS Health: Mismanagement, Eroding Moat And Poor Momentum Make It A Sell
Jun 21The Correct Play On CVS Health
Jun 06CVS Health: Downside Movement Is Overdramatic
May 26CVS Health: Secure Dividend And Upside Potential Presents Compelling Opportunity
May 15We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now
May 10CVS Health: A Terrible Earnings Report, But An Undervalued Stock
May 04CVS Health Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 03CVS Health: 8x P/E, 8% Growth Projection - It's A Market Blind Spot
Apr 22Sentiment Still Eluding CVS Health Corporation (NYSE:CVS)
Apr 14CVS Health: Lookback, Management Guidance Vs. Results 2018-To-Date
Apr 10Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?
Mar 27CVS Health: Better Times Likely Ahead
Mar 12CVS Health: Lower Guidance But Risk/Reward Remains Attractive
Feb 15CVS Health FY23 Earnings: Downgrades Inevitable, Long Term Outlook In The Balance
Feb 07Financial Position Analysis
Short Term Liabilities: CVS's short term assets ($67.3B) do not cover its short term liabilities ($84.6B).
Long Term Liabilities: CVS's short term assets ($67.3B) do not cover its long term liabilities ($92.7B).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: CVS's debt to equity ratio has reduced from 108.7% to 85.4% over the past 5 years.
Debt Coverage: CVS's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (7.8x coverage).