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CVS Health - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Retail & Wholesale | USA | August 13, 2020
$2.99
Excel Sheet

CVS Health's net debt stood at USD 80,946 mil and accounted for 126% of equity at the end of 2019. The ratio is up 12.0 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 126% in 2019 and a low of 3.87% in 2003 between 2000 and 2019. The average for the last five years was 87.9%.

Net debt to EBITDA was calculated at 4.25x at the end of the year. That is up from 0.967x seen in 2014. The ratio reached a high of 9.92x in 2018 and a low of 0.132x in 2003.

The company’s cost of funding amounted to 3.74% in 2019, down which is above the 5-year of 4.21%. Funding costs have “eaten” some 25.3% of the operating profit generated in 2019.

You can see all the company’s data at CVS Health profile, or you can download a report on the company in the report section.