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 ratio7.8x
CashUS$9.68b
EquityUS$75.11b
Total liabilitiesUS$177.32b
Total assetsUS$252.43b

Recent financial health updates

Recent updates

There May Be Some Bright Spots In CVS Health's (NYSE:CVS) Earnings

Nov 19
There May Be Some Bright Spots In CVS Health's (NYSE:CVS) Earnings

CVS Health: Cheap But No Signs Of Turnaround (Yet)

Nov 06

CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet

Nov 03
CVS Health (NYSE:CVS) Has A Somewhat Strained Balance Sheet

CVS Health Stock Dip: Undervalued And Ready For A Turnaround

Oct 24

CVS Health: Glenview's Activism Ramps Up Pressure On Management

Sep 30

CVS Health: At Least There's A Valuable Lesson (Rating Downgrade)

Sep 10

A Piece Of The Puzzle Missing From CVS Health Corporation's (NYSE:CVS) Share Price

Aug 08
A Piece Of The Puzzle Missing From CVS Health Corporation's (NYSE:CVS) Share Price

CVS Health Q2 Earnings: CEO's Swinging Axe May Have Ended The Bear Run

Aug 07

Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden

Jul 21
Here's Why CVS Health (NYSE:CVS) Has A Meaningful Debt Burden

CVS Health: A Better Investment Than Walgreens Boots Alliance

Jul 09

Vltava Fund - CVS Health Corp.: Why We Sold CVS

Jul 03

CVS Health: Mismanagement, Eroding Moat And Poor Momentum Make It A Sell

Jun 21

The Correct Play On CVS Health

Jun 06

CVS Health: Downside Movement Is Overdramatic

May 26

CVS Health: Secure Dividend And Upside Potential Presents Compelling Opportunity

May 15

We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now

May 10
We Think Shareholders Are Less Likely To Approve A Pay Rise For CVS Health Corporation's (NYSE:CVS) CEO For Now

CVS Health: A Terrible Earnings Report, But An Undervalued Stock

May 04

CVS Health Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 03
CVS Health Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

CVS Health: 8x P/E, 8% Growth Projection - It's A Market Blind Spot

Apr 22

Sentiment Still Eluding CVS Health Corporation (NYSE:CVS)

Apr 14
Sentiment Still Eluding CVS Health Corporation (NYSE:CVS)

CVS Health: Lookback, Management Guidance Vs. Results 2018-To-Date

Apr 10

Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?

Mar 27
Does CVS Health (NYSE:CVS) Have A Healthy Balance Sheet?

CVS Health: Better Times Likely Ahead

Mar 12

CVS Health: Lower Guidance But Risk/Reward Remains Attractive

Feb 15

CVS Health FY23 Earnings: Downgrades Inevitable, Long Term Outlook In The Balance

Feb 07

Financial 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).


Balance Sheet


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