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 ratio | 22.9x |
Cash | US$2.04b |
Equity | US$4.99b |
Total liabilities | US$9.30b |
Total assets | US$14.29b |
Recent financial health updates
Does Zoetis (NYSE:ZTS) Have A Healthy Balance Sheet?
Dec 06Here's Why Zoetis (NYSE:ZTS) Can Manage Its Debt Responsibly
Sep 04These 4 Measures Indicate That Zoetis (NYSE:ZTS) Is Using Debt Reasonably Well
Apr 16Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Dec 29Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Sep 15Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Jun 17Recent updates
Zoetis: My Favorite Healthcare Stock Right Now
Mar 21Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)
Mar 03Zoetis: Buy This High-Quality Dividend Growth Beast On Weakness
Feb 27Animal Kingdom's Ally: Zoetis And Its Path To 10%+ Returns
Jan 10Some Confidence Is Lacking In Zoetis Inc.'s (NYSE:ZTS) P/E
Jan 01Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Does Zoetis (NYSE:ZTS) Have A Healthy Balance Sheet?
Dec 06Here's Why We Think Zoetis (NYSE:ZTS) Might Deserve Your Attention Today
Nov 18Zoetis: High-Quality Compounder With A Reasonable Price After Earnings
Nov 09Zoetis: Significant CapEx Investments For Long-Term Growth, But A Hold Now
Oct 26Zoetis Is An Impressive Healthcare Compounder
Sep 26Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)
Sep 25Here's Why Zoetis (NYSE:ZTS) Can Manage Its Debt Responsibly
Sep 04Zoetis: Pawses Pain, Librela OA Treatment Targets Furry Friends In The U.S.
Aug 22Should You Be Adding Zoetis (NYSE:ZTS) To Your Watchlist Today?
Aug 12Zoetis: My Dog Approves Of This Dividend Compounder
Jul 19Zoetis: A Purrfect Addition To Your Portfolio
Jun 22Does This Valuation Of Zoetis Inc. (NYSE:ZTS) Imply Investors Are Overpaying?
Jun 10These 4 Measures Indicate That Zoetis (NYSE:ZTS) Is Using Debt Reasonably Well
Apr 16Estimating The Intrinsic Value Of Zoetis Inc. (NYSE:ZTS)
Mar 10Zoetis rises on 2023 revenue forecast above estimates, Q4 profit in-line with consensus
Feb 14Zoetis Is An Awesome Dividend Growth Stock
Jan 17It's A Great Time To Buy Zoetis Shares
Jan 10Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's
Jan 03Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Dec 29Zoetis' (NYSE:ZTS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 14Zoetis raises quarterly dividend by 15.4% to $0.375/share
Dec 08Estimating The Fair Value Of Zoetis Inc. (NYSE:ZTS)
Nov 20Zoetis' Q3 Earnings: Supply Issues Putting A Dent On Growth
Nov 08Zoetis Q3 2022 Earnings Preview
Nov 02Does Zoetis (NYSE:ZTS) Deserve A Spot On Your Watchlist?
Nov 02Zoetis declares $0.325 dividend
Oct 13A Rising Dollar May Mean Lower Zoetis Shares
Oct 07Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Sep 15Zoetis cleared to acquire Jurox in Australia subject to divestiture
Sep 15Zoetis acquires Scottish animal health digital tech business
Sep 05Are Investors Undervaluing Zoetis Inc. (NYSE:ZTS) By 21%?
Aug 19Zoetis: Strong Q2 Underlying Growth But Hit By Strong U.S. Dollar
Aug 12Zoetis Q2 2022 Earnings Preview
Aug 03Zoetis: Lovable Company With Vision
Jul 20Here's Why We Think Zoetis (NYSE:ZTS) Is Well Worth Watching
Jul 04Is Zoetis (NYSE:ZTS) Using Too Much Debt?
Jun 17Financial 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).