Elanco Animal Health Balance Sheet Health
Financial Health criteria checks 1/6
Elanco Animal Health has a total shareholder equity of $6.5B and total debt of $4.4B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are $13.3B and $6.8B respectively. Elanco Animal Health's EBIT is $260.0M making its interest coverage ratio 1. It has cash and short-term investments of $490.0M.
Key information
66.8%
Debt to equity ratio
US$4.36b
Debt
| Interest coverage ratio | 1x |
| Cash | US$490.00m |
| Equity | US$6.52b |
| Total liabilities | US$6.76b |
| Total assets | US$13.28b |
Recent financial health updates
Here's Why Elanco Animal Health (NYSE:ELAN) Has A Meaningful Debt Burden
Sep 22
Elanco Animal Health (NYSE:ELAN) Has A Somewhat Strained Balance Sheet
Jun 06Elanco Animal Health (NYSE:ELAN) Seems To Be Using A Lot Of Debt
Feb 24Is Elanco Animal Health (NYSE:ELAN) A Risky Investment?
Nov 09Here's Why Elanco Animal Health (NYSE:ELAN) Is Weighed Down By Its Debt Load
Aug 02Elanco Animal Health (NYSE:ELAN) Has A Somewhat Strained Balance Sheet
Feb 22Recent updates
Elanco Animal Health's (NYSE:ELAN) Solid Profits Have Weak Fundamentals
Nov 15Elanco Animal Health: Not Expensive, But Debt Remains An Issue
Nov 08Here's Why Elanco Animal Health (NYSE:ELAN) Has A Meaningful Debt Burden
Sep 22Elanco Animal Health Incorporated (NYSE:ELAN) Surges 25% Yet Its Low P/S Is No Reason For Excitement
Sep 01Elanco Animal Health: Positioned For Success
Aug 16Investors Don't See Light At End Of Elanco Animal Health Incorporated's (NYSE:ELAN) Tunnel And Push Stock Down 27%
Jul 11Elanco Animal Health: Pipeline Concerns Appear Overblown
Jun 30Elanco Animal Health (NYSE:ELAN) Has A Somewhat Strained Balance Sheet
Jun 06Elanco Animal Health: At Least Fully Valued After Rally
Jun 05Benign Growth For Elanco Animal Health Incorporated (NYSE:ELAN) Underpins Its Share Price
Apr 22Elanco Animal Health (NYSE:ELAN) Seems To Be Using A Lot Of Debt
Feb 24Elanco Animal Health: A Solid Sale Addresses Leverage
Feb 09Elanco Animal Health Incorporated (NYSE:ELAN) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 01Elanco Animal Health: Turning More Healthy
Dec 21Is Elanco Animal Health (NYSE:ELAN) A Risky Investment?
Nov 09Elanco Animal Health: Signs Of Stabilization, Amidst Still A Big Debt Pile
Oct 05Here's Why Elanco Animal Health (NYSE:ELAN) Is Weighed Down By Its Debt Load
Aug 02Elanco Animal Health: Seems Like A Decent Bet Right Now
Jul 25Elanco Animal Health: Robust Results Overshadowed By Persisting Challenges
Jul 14There's No Escaping Elanco Animal Health Incorporated's (NYSE:ELAN) Muted Revenues
Jun 09Elanco Animal Health (NYSE:ELAN) Has A Somewhat Strained Balance Sheet
Feb 22Elanco Q4 2022 Earnings Preview
Feb 20Elanco's Tangible Equity Units: Living With The Worst Case
Dec 13We Think Elanco Animal Health (NYSE:ELAN) Is Taking Some Risk With Its Debt
Nov 08Elanco Q3 2022 Earnings Preview
Nov 07Elanco Animal Health: This 'Sick Dog' Should Recover
Oct 19Financial Position Analysis
Short Term Liabilities: ELAN's short term assets ($3.4B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: ELAN's short term assets ($3.4B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: ELAN's net debt to equity ratio (59.3%) is considered high.
Reducing Debt: ELAN's debt to equity ratio has increased from 43% to 66.8% over the past 5 years.
Debt Coverage: ELAN's debt is not well covered by operating cash flow (12%).
Interest Coverage: ELAN's interest payments on its debt are not well covered by EBIT (1x coverage).