Amgen Balance Sheet Health
Financial Health criteria checks 1/6
Amgen has a total shareholder equity of $6.2B and total debt of $64.6B, which brings its debt-to-equity ratio to 1036.8%. Its total assets and total liabilities are $97.2B and $90.9B respectively. Amgen's EBIT is $8.2B making its interest coverage ratio 2.8. It has cash and short-term investments of $10.9B.
Key information
1,036.8%
Debt to equity ratio
US$64.61b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$10.94b |
| Equity | US$6.23b |
| Total liabilities | US$90.92b |
| Total assets | US$97.15b |
Recent financial health updates
Is Amgen (NASDAQ:AMGN) Using Too Much Debt?
Apr 01
Is Amgen (NASDAQ:AMGN) A Risky Investment?
Dec 28Is Amgen (NASDAQ:AMGN) Using Too Much Debt?
Sep 22These 4 Measures Indicate That Amgen (NASDAQ:AMGN) Is Using Debt Reasonably Well
Apr 29Recent updates
Amgen: The Giant With An Impressive Pipeline
Apr 15Is Amgen (NASDAQ:AMGN) Using Too Much Debt?
Apr 01Move Over Eli Lilly: Amgen Could Be The Next Obesity Wonder Stock
Mar 31Amgen Will Benefit From Increased Medical Spending
Mar 12Amgen: A Good Dividend Growth Stock For The Watch List
Mar 04Amgen's (NASDAQ:AMGN) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 21Pinning Down Amgen Inc.'s (NASDAQ:AMGN) P/E Is Difficult Right Now
Feb 16Amgen: Weight Loss Drug Candidate Debate A Red Herring - Buying The Dip Advisable
Feb 08Amgen: Accelerating The Business And Dividend Growth
Jan 29Is Amgen Inc. (NASDAQ:AMGN) Trading At A 44% Discount?
Jan 29Up 40%, 3%-Yielding Amgen Is Still One Of My Favorite Healthcare Stocks
Jan 22Is Amgen (NASDAQ:AMGN) A Risky Investment?
Dec 28Here's Why Amgen (NASDAQ:AMGN) Has Caught The Eye Of Investors
Dec 13Are Investors Undervaluing Amgen Inc. (NASDAQ:AMGN) By 46%?
Oct 23Is Amgen (NASDAQ:AMGN) Using Too Much Debt?
Sep 22Do Amgen's (NASDAQ:AMGN) Earnings Warrant Your Attention?
Sep 04Amgen (NASDAQ:AMGN) Is Increasing Its Dividend To $2.13
Aug 05Amgen Inc. (NASDAQ:AMGN) Shares Could Be 45% Below Their Intrinsic Value Estimate
May 30Amgen (NASDAQ:AMGN) Is Paying Out A Larger Dividend Than Last Year
May 09These 4 Measures Indicate That Amgen (NASDAQ:AMGN) Is Using Debt Reasonably Well
Apr 29Amgen (NASDAQ:AMGN) Is Increasing Its Dividend To $2.13
Apr 05Amgen Inc. (NASDAQ:AMGN) Shares Could Be 37% Below Their Intrinsic Value Estimate
Feb 27Financial Position Analysis
Short Term Liabilities: AMGN's short term assets ($30.3B) exceed its short term liabilities ($18.4B).
Long Term Liabilities: AMGN's short term assets ($30.3B) do not cover its long term liabilities ($72.5B).
Debt to Equity History and Analysis
Debt Level: AMGN's net debt to equity ratio (861.2%) is considered high.
Reducing Debt: AMGN's debt to equity ratio has increased from 271.4% to 1036.8% over the past 5 years.
Debt Coverage: AMGN's debt is not well covered by operating cash flow (13.1%).
Interest Coverage: AMGN's interest payments on its debt are not well covered by EBIT (2.8x coverage).