.Long-term Debt and Solvency Analysis Quarterly Data
Difficulty: Beginner
Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.
Ratios (Summary)
CVS Health Corp., debt and solvency ratios (quarterly data)
| Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | Debt to equity | |||||||||||||||||||||
| | Debt to capital |
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | CVS Health Corp.'s debt-to-equity ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018. |
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | CVS Health Corp.'s debt-to-capital ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018. |
Debt to Equity
CVS Health Corp., debt to equity calculation (quarterly data)
| Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | ||||||||||||||||||||||
| | Short-term debt | |||||||||||||||||||||
| | Current portion of long-term debt | |||||||||||||||||||||
| | Long-term debt, excluding current portion | |||||||||||||||||||||
| | Total debt | |||||||||||||||||||||
| | Total CVS Health shareholders' equity | |||||||||||||||||||||
| Ratio | ||||||||||||||||||||||
| | Debt to equity1 | |||||||||||||||||||||
Q1 2018 Calculations
1 Debt to equity = Total debt ÷ Total CVS Health shareholders' equity
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-equity ratio | A solvency ratio calculated as total debt divided by total shareholders' equity. | CVS Health Corp.'s debt-to-equity ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018. |
Debt to Capital
CVS Health Corp., debt to capital calculation (quarterly data)
| Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions) | ||||||||||||||||||||||
| | Short-term debt | |||||||||||||||||||||
| | Current portion of long-term debt | |||||||||||||||||||||
| | Long-term debt, excluding current portion | |||||||||||||||||||||
| | Total debt | |||||||||||||||||||||
| | Total CVS Health shareholders' equity | |||||||||||||||||||||
| | Total capital | |||||||||||||||||||||
| Ratio | ||||||||||||||||||||||
| | Debt to capital1 | |||||||||||||||||||||
Q1 2018 Calculations
1 Debt to capital = Total debt ÷ Total capital
= ÷ =
| Ratio | Description | The company |
|---|---|---|
| Debt-to-capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. | CVS Health Corp.'s debt-to-capital ratio improved from Q3 2017 to Q4 2017 but then deteriorated significantly from Q4 2017 to Q1 2018. |
