CVS Health Corp (CVS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 63,481,000 | 65,735,000 |
| Total assets | US$ in thousands | 253,215,000 | 252,427,000 | 252,481,000 | 249,743,000 | 249,728,000 | 251,306,000 | 250,071,000 | 239,330,000 | 228,275,000 | 231,212,000 | 230,279,000 | 232,873,000 | 232,999,000 | 234,891,000 | 231,164,000 | 229,606,000 | 230,715,000 | 232,898,000 | 235,495,000 | 230,639,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.29 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $253,215,000K
= 0.00
The debt-to-assets ratio of CVS Health Corp has shown a decreasing trend over the past few years, indicating a lower reliance on debt to finance its operations and investments. As of December 31, 2024, the company reported a debt-to-assets ratio of 0.00, suggesting that CVS Health Corp has no debt relative to its total assets. This implies that the company may have a strong financial position with a significant portion of its assets financed through equity rather than debt. It is important to note that a lower debt-to-assets ratio reflects lower financial risk and potential stability in the company's ability to meet its financial obligations.
Peer comparison
Dec 31, 2024