CVS Health Balance Sheet Health
Financial Health criteria checks 3/6
CVS Health has a total shareholder equity of $76.6B and total debt of $60.2B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are $249.7B and $173.1B respectively. CVS Health's EBIT is $14.1B making its interest coverage ratio 9.4. It has cash and short-term investments of $11.5B.
Key information
78.6%
Debt to equity ratio
US$60.22b
Debt
| Interest coverage ratio | 9.4x |
| Cash | US$11.46b |
| Equity | US$76.64b |
| Total liabilities | US$173.09b |
| Total assets | US$249.73b |
Recent financial health updates
Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?
Mar 27
We Think CVS Health (NYSE:CVS) Is Taking Some Risk With Its Debt
Dec 08Is CVS Health (NYSE:CVS) A Risky Investment?
Aug 25Recent updates
CVS 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 07CVS Health: Back In The Buy Column
Jan 21CVS Health (NYSE:CVS) Has Announced That It Will Be Increasing Its Dividend To $0.665
Jan 17CVS Health: Shares Remain Modestly Undervalued, Robust Free Cash Flow, Technical Strength
Jan 08CVS Health (NYSE:CVS) Is Paying Out A Larger Dividend Than Last Year
Jan 03CVS Health: Risk/Reward Highly Skewed To The Upside
Dec 15CVS Health (NYSE:CVS) Is Increasing Its Dividend To $0.665
Dec 13We Think CVS Health (NYSE:CVS) Is Taking Some Risk With Its Debt
Dec 08CVS Health: A Good Fit To Buffett's 10x Pretax Rule
Dec 07CVS Health: Not One Dividend Cut In 30 Years And A Good Upside
Nov 27CVS Health: All Eyes On December Investor Day
Nov 21CVS Health Ahead Of Q3 Earnings: Making The Pivot Toward Value-Based Care Work
Oct 26CVS Health: 'Only' A Fair Company For A Wonderful Price?
Oct 20CVS Health Offers Recession-Resistant Growth With Transformation
Oct 05CVS Stock: The Risk-Reward Is In A Better Place
Sep 18CVS Health: Share Price Suffers As Business Transformation Flounders
Aug 25Is CVS Health (NYSE:CVS) A Risky Investment?
Aug 25Walgreens Vs. CVS: I Call A Tie Now Based On A Peter Lynch Evaluation
Aug 16CVS Health: Second Quarter Was Only Decent, But Integration Is On Track
Aug 03Financial Position Analysis
Short Term Liabilities: CVS's short term assets ($67.9B) do not cover its short term liabilities ($79.2B).
Long Term Liabilities: CVS's short term assets ($67.9B) do not cover its long term liabilities ($93.9B).
Debt to Equity History and Analysis
Debt Level: CVS's net debt to equity ratio (63.6%) is considered high.
Reducing Debt: CVS's debt to equity ratio has reduced from 124.3% to 78.6% over the past 5 years.
Debt Coverage: CVS's debt is well covered by operating cash flow (22.3%).
Interest Coverage: CVS's interest payments on its debt are well covered by EBIT (9.4x coverage).