CVS Health's Debt Overview

Shares of CVS Health (NYSE:CVS) increased by 17.99% in the past three months. Before having a look at the importance of debt, let us look at how much debt CVS Health has. Based on CVS Health's financial statement as of May 4, 2021, long-term debt is at $59.27 billion and current debt is at $2.67 billion, amounting to $61.94 billion in total debt. Adjusted for $5.60 billion in cash-equivalents, the company's net debt is at $56.35 billion.