McKesson Interest Coverage from 2010 to 2024

MCK Stock  USD 527.32  2.49  0.47%   
McKesson Interest Coverage yearly trend continues to be quite stable with very little volatility. Interest Coverage may rise above 16.69 this year. From the period between 2010 and 2024, McKesson, Interest Coverage regression line of its data series had sample variance of  54.46 and sample variance of  54.46. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
15.9
Current Value
16.69
Quarterly Volatility
7.37959393
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 175.3 M or Selling General Administrative of 18.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0104 or Days Sales Outstanding of 23.14. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
This module can also supplement McKesson's financial leverage analysis and stock options assessment as well as various McKesson Technical models . Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of McKesson over the last few years. It is McKesson's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in McKesson's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

McKesson Interest Coverage Regression Statistics

Arithmetic Mean10.41
Coefficient Of Variation70.88
Mean Deviation5.75
Median9.65
Standard Deviation7.38
Sample Variance54.46
Range29.2247
R-Value0.60
Mean Square Error37.84
R-Squared0.35
Significance0.02
Slope0.98
Total Sum of Squares762.42

McKesson Interest Coverage History

2024 16.69
2023 15.9
2022 17.67
2021 16.02
2020 16.23
2019 6.68
2018 3.36

About McKesson Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include McKesson income statement, its balance sheet, and the statement of cash flows. McKesson investors use historical funamental indicators, such as McKesson's Interest Coverage, to determine how well the company is positioned to perform in the future. Although McKesson investors may use each financial statement separately, they are all related. The changes in McKesson's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on McKesson's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on McKesson Financial Statements. Understanding these patterns can help to make the right decision on long term investment in McKesson. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 15.90  16.69 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
Note that the McKesson information on this page should be used as a complementary analysis to other McKesson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for McKesson Stock analysis

When running McKesson's price analysis, check to measure McKesson's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McKesson is operating at the current time. Most of McKesson's value examination focuses on studying past and present price action to predict the probability of McKesson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McKesson's price. Additionally, you may evaluate how the addition of McKesson to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Is McKesson's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Dividend Share
2.32
Earnings Share
22.1
Revenue Per Share
2.2 K
Quarterly Revenue Growth
0.148
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.