Zoetis Balance Sheet Health

Financial Health criteria checks 4/6

Zoetis has a total shareholder equity of $5.0B and total debt of $6.6B, which brings its debt-to-equity ratio to 132.1%. Its total assets and total liabilities are $14.3B and $9.3B respectively. Zoetis's EBIT is $3.1B making its interest coverage ratio 22.9. It has cash and short-term investments of $2.0B.

Key information

132.1%

Debt to equity ratio

US$6.59b

Debt

Interest coverage ratio22.9x
CashUS$2.04b
EquityUS$4.99b
Total liabilitiesUS$9.30b
Total assetsUS$14.29b

Recent financial health updates

Recent updates

Zoetis: My Favorite Healthcare Stock Right Now

Mar 21

Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)

Mar 03
Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)

Zoetis: Buy This High-Quality Dividend Growth Beast On Weakness

Feb 27

Animal Kingdom's Ally: Zoetis And Its Path To 10%+ Returns

Jan 10

Some Confidence Is Lacking In Zoetis Inc.'s (NYSE:ZTS) P/E

Jan 01
Some Confidence Is Lacking In Zoetis Inc.'s (NYSE:ZTS) P/E

Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Dec 14
Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Does Zoetis (NYSE:ZTS) Have A Healthy Balance Sheet?

Dec 06
Does Zoetis (NYSE:ZTS) Have A Healthy Balance Sheet?

Here's Why We Think Zoetis (NYSE:ZTS) Might Deserve Your Attention Today

Nov 18
Here's Why We Think Zoetis (NYSE:ZTS) Might Deserve Your Attention Today

Zoetis: High-Quality Compounder With A Reasonable Price After Earnings

Nov 09

Zoetis: Significant CapEx Investments For Long-Term Growth, But A Hold Now

Oct 26

Zoetis Is An Impressive Healthcare Compounder

Sep 26

Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)

Sep 25
Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)

Here's Why Zoetis (NYSE:ZTS) Can Manage Its Debt Responsibly

Sep 04
Here's Why Zoetis (NYSE:ZTS) Can Manage Its Debt Responsibly

Zoetis: Pawses Pain, Librela OA Treatment Targets Furry Friends In The U.S.

Aug 22

Should You Be Adding Zoetis (NYSE:ZTS) To Your Watchlist Today?

Aug 12
Should You Be Adding Zoetis (NYSE:ZTS) To Your Watchlist Today?

Zoetis: My Dog Approves Of This Dividend Compounder

Jul 19

Zoetis: A Purrfect Addition To Your Portfolio

Jun 22

Does This Valuation Of Zoetis Inc. (NYSE:ZTS) Imply Investors Are Overpaying?

Jun 10
Does This Valuation Of Zoetis Inc. (NYSE:ZTS) Imply Investors Are Overpaying?

These 4 Measures Indicate That Zoetis (NYSE:ZTS) Is Using Debt Reasonably Well

Apr 16
These 4 Measures Indicate That Zoetis (NYSE:ZTS) Is Using Debt Reasonably Well

Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)

Mar 10
Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)

Zoetis rises on 2023 revenue forecast above estimates, Q4 profit in-line with consensus

Feb 14

Zoetis Is An Awesome Dividend Growth Stock

Jan 17

It's A Great Time To Buy Zoetis Shares

Jan 10

Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Jan 03
Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Dec 29
Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Dec 14
Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's

Zoetis raises quarterly dividend by 15.4% to $0.375/share

Dec 08

Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)

Nov 20
Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)

Zoetis' Q3 Earnings: Supply Issues Putting A Dent On Growth

Nov 08

Zoetis Q3 2022 Earnings Preview

Nov 02

Does Zoetis (NYSE:ZTS) Deserve A Spot On Your Watchlist?

Nov 02
Does Zoetis (NYSE:ZTS) Deserve A Spot On Your Watchlist?

Zoetis declares $0.325 dividend

Oct 13

A Rising Dollar May Mean Lower Zoetis Shares

Oct 07

Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Sep 15
Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Zoetis cleared to acquire Jurox in Australia subject to divestiture

Sep 15

Zoetis acquires Scottish animal health digital tech business

Sep 05

Are Investors Undervaluing Zoetis Inc. (NYSE:ZTS) By 21%?

Aug 19
Are Investors Undervaluing Zoetis Inc. (NYSE:ZTS) By 21%?

Zoetis: Strong Q2 Underlying Growth But Hit By Strong U.S. Dollar

Aug 12

Zoetis Q2 2022 Earnings Preview

Aug 03

Zoetis: Lovable Company With Vision

Jul 20

Here's Why We Think Zoetis (NYSE:ZTS) Is Well Worth Watching

Jul 04
Here's Why We Think Zoetis (NYSE:ZTS) Is Well Worth Watching

Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Jun 17
Is Zoetis (NYSE:ZTS) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: ZTS's short term assets ($6.3B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: ZTS's short term assets ($6.3B) do not cover its long term liabilities ($7.4B).


Debt to Equity History and Analysis

Debt Level: ZTS's net debt to equity ratio (91.2%) is considered high.

Reducing Debt: ZTS's debt to equity ratio has reduced from 295.3% to 132.1% over the past 5 years.

Debt Coverage: ZTS's debt is well covered by operating cash flow (35.7%).

Interest Coverage: ZTS's interest payments on its debt are well covered by EBIT (22.9x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.