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McKesson Europe Balance Sheet Health
Financial Health criteria checks 4/6
McKesson Europe has a total shareholder equity of €2.5B and total debt of €8.3M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are €5.1B and €2.6B respectively. McKesson Europe's EBIT is €69.0M making its interest coverage ratio 5.2. It has cash and short-term investments of €1.9B.
Key information
0.3%
Debt to equity ratio
€8.30m
Debt
| Interest coverage ratio | 5.2x |
| Cash | €1.91b |
| Equity | €2.52b |
| Total liabilities | €2.58b |
| Total assets | €5.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAKF.Y's short term assets (€4.2B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: CAKF.Y's short term assets (€4.2B) exceed its long term liabilities (€304.5M).
Debt to Equity History and Analysis
Debt Level: CAKF.Y has more cash than its total debt.
Reducing Debt: CAKF.Y's debt to equity ratio has reduced from 69.3% to 0.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if CAKF.Y has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CAKF.Y has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.