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CVS Health (BSP:CVSH34) Debt-to-Revenue : 0.21 (As of Dec. 2023)


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What is CVS Health Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

CVS Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$23,093 Mil. CVS Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$365,878 Mil. CVS Health's annualized Revenue for the quarter that ended in Dec. 2023 was R$1,838,660 Mil. CVS Health's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.


CVS Health Debt-to-Revenue Historical Data

The historical data trend for CVS Health's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CVS Health Debt-to-Revenue Chart

CVS Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.32 0.26 0.22 0.22

CVS Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.22 0.23 0.22 0.21

Competitive Comparison of CVS Health's Debt-to-Revenue

For the Healthcare Plans subindustry, CVS Health's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVS Health's Debt-to-Revenue Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where CVS Health's Debt-to-Revenue falls into.



CVS Health Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

CVS Health's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(23092.757 + 365877.866) / 1753030.844
=0.22

CVS Health's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(23092.757 + 365877.866) / 1838659.748
=0.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


CVS Health Debt-to-Revenue Related Terms

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CVS Health (BSP:CVSH34) Business Description

Address
One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

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