McKesson Europe - Balance Sheet

McKesson Europe's total assets reached EUR 7,091 mil at the end of 1Q2019, up 2.79% compared to the previous year.

Current assets amounted to EUR 5,332 mil, or 75.2% of total assets while cash stood at EUR 827 mil at the end of 1Q2019.

By contrast, total debt reached EUR 986 mil at the year-end, or 13.9% of total assets, while the firm's equity amounted to EUR 1,984 mil. As a result, net debt stood at EUR 160 mil at the end of 1Q2019 and accounted for 8.05% of equity.

Net debt against equity is down 24.4 pp from five years ago (32.5%). The ratio against EBITDA decreased from 1.78x seen in 1Q2014 to 1.09x.

The company’s cost of funding amounted to 4.33% in 1Q2019, down 0.526 pp compared to the average over the last 5 years.

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