McKesson Balance Sheet Health
Financial Health criteria checks 2/6
McKesson has a total shareholder equity of $-1.7B and total debt of $5.7B, which brings its debt-to-equity ratio to -338.3%. Its total assets and total liabilities are $66.5B and $68.2B respectively. McKesson's EBIT is $3.7B making its interest coverage ratio 26. It has cash and short-term investments of $2.0B.
Key information
-338.3%
Debt to equity ratio
US$5.69b
Debt
| Interest coverage ratio | 26x |
| Cash | US$1.98b |
| Equity | -US$1.68b |
| Total liabilities | US$68.19b |
| Total assets | US$66.51b |
Recent financial health updates
No updates
Recent updates
Is McKesson Corporation (NYSE:MCK) Trading At A 43% Discount?
Mar 14
McKesson: GLP-1 Contributed More Than 1/3 Of Growth
Feb 19McKesson's (NYSE:MCK) Profits May Not Reveal Underlying Issues
Feb 16Investor Optimism Abounds McKesson Corporation (NYSE:MCK) But Growth Is Lacking
Jan 29McKesson: Why The Company Is Too Richly Valued
Jan 19If EPS Growth Is Important To You, McKesson (NYSE:MCK) Presents An Opportunity
Nov 20McKesson: GLP-1 Medications Tailwinds And Massive Share Repurchase
Nov 08Are Investors Undervaluing McKesson Corporation (NYSE:MCK) By 44%?
Oct 30McKesson: Still Trading For A Huge Discount
Sep 06Here's Why McKesson (NYSE:MCK) Has Caught The Eye Of Investors
Aug 21Are Investors Undervaluing McKesson Corporation (NYSE:MCK) By 29%?
Jul 27McKesson: Outlook Remains Positive, I Reiterate My Buy Recommendation
Jun 28Here's Why McKesson (NYSE:MCK) Has Caught The Eye Of Investors
May 23Are Investors Undervaluing McKesson Corporation (NYSE:MCK) By 32%?
Apr 17Do McKesson's (NYSE:MCK) Earnings Warrant Your Attention?
Feb 22McKesson Corporation: Looking Forward To Long-Term Low-Teens EPS Growth
Feb 08McKesson Non-GAAP EPS of $6.90 beats by $0.54, revenue of $70.5B misses by $480M
Feb 01McKesson Corporation's (NYSE:MCK) Intrinsic Value Is Potentially 33% Above Its Share Price
Jan 125 Reasons Why I Am Considering Adding McKesson To My Portfolio
Dec 27McKesson Corporation: Still Trading Below Intrinsic Value
Dec 13Duration: The Time Bomb In Your Portfolio - McKesson And PayPal In Focus
Oct 08McKesson extends distribution partnership with CVS Health
Sep 29An Intrinsic Calculation For McKesson Corporation (NYSE:MCK) Suggests It's 50% Undervalued
Sep 19McKesson to acquire Rx Savings Solutions in $875M deal
Sep 19Cardinal Health, McKesson hit 52-week highs; up 35% and 50% YTD
Aug 15McKesson raises fiscal 2023 adjusted diluted EPS following strong quarterly results
Aug 03McKesson raises dividend by 15% to $0.54/share
Jul 25McKesson Is Still An Attractive Dividend Growth Stock
Jul 10McKesson: Best Of Breed In Drug Distributor Oligopoly
Jun 20McKesson: Still Profitable Without COVID-19 Boosts
Jun 04Financial Position Analysis
Short Term Liabilities: MCK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MCK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MCK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MCK's debt is well covered by operating cash flow (61.4%).
Interest Coverage: MCK's interest payments on its debt are well covered by EBIT (26x coverage).