What is the level of liabilities of Covetrus this year?
Covetrus has a debt balance of 1.9 B USD this year.
Covetrus Liabilities 2024
Covetrus Liabilities
1.9 B USD
Ticker
CVET
ISIN
US22304C1009
WKN
A2PBX0
In 2024, Covetrus's total liabilities amounted to 1.9 B USD, a 0% difference from the 0 USD total liabilities in the previous year.
Covetrus Aktienanalyse
What does Covetrus do?
Covetrus Inc is a global company specializing in providing services and products for veterinarians, animal clinics, and pet owners. It was formed in 2019 through a merger between the animal health divisions of Henry Schein and Vets First Choice. Covetrus traces its history back to 1856 when Henry Schein was founded as a small wholesale drug company. Over the years, the company expanded into new industries and markets. In the 2000s, Henry Schein began serving the animal health industry and established Vets First Choice in 2010 to offer a wider range of services and products to veterinarians and animal clinics. With the merger of Vets First Choice and Henry Schein's animal health division in 2019, Covetrus was created as a company with a broad spectrum of products and services for the animal health industry. Covetrus is headquartered in Portland, Maine, USA, and operates in over 25 countries. Its business model is based on providing services and products for veterinarians, animal clinics, and pet owners. The company is divided into several business segments, including diagnostics, pharmaceuticals, and consumables. In the diagnostics area, Covetrus offers a wide range of laboratory diagnostic services for veterinarians, including blood tests, imaging, fecal tests, and genetic tests. These test results help veterinarians diagnose and treat diseases in pets. In the pharmaceutical area, Covetrus offers veterinary medicines for various types of pets, including dogs, cats, and horses. These medicines are developed by leading pharmaceutical companies, and Covetrus provides veterinarians with a reliable supply chain for these products. The most recent business segment of Covetrus is the consumables area. Here, the company offers a wide range of products for veterinarians and animal clinics, including medical devices, surgical instruments, consumables for routine examinations, and more. In addition to these three main business segments, Covetrus also offers a variety of services, including practice management systems, training for veterinarians and animal clinics, financial services, and more. These services are designed to help veterinarians and animal clinics optimize their operations and improve their quality. The company has also developed a mobile application called 'Covetrus Connect' which provides veterinarians and animal clinics with an easier way to access products and services, place orders, and manage their operations. Overall, Covetrus is an innovative and rapidly growing company in the animal health industry. With a wide range of products and services tailored to the needs of veterinarians, animal clinics, and pet owners, the company is well-positioned to continue growing in this emerging market. Covetrus ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Covetrus's Liabilities
Covetrus's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Covetrus's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Covetrus's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Covetrus's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Covetrus’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Covetrus stock
What were the liabilities of Covetrus compared to the previous year?
The liabilities of Covetrus have increased by 0% dropped compared to the previous year.
What are the consequences of high debt for investors of Covetrus?
High liabilities can pose a risk for investors of Covetrus, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Covetrus?
Low liabilities mean that Covetrus has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Covetrus affect the company?
An increase in liabilities of Covetrus can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Covetrus affect the company?
A decrease in the liabilities of Covetrus can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Covetrus?
Some factors that can influence the liabilities of Covetrus include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Covetrus so important for investors?
The liabilities of Covetrus are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Covetrus take to modify the liabilities?
To change its liabilities, Covetrus can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Covetrus pay?
Over the past 12 months, Covetrus paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Covetrus is expected to pay a dividend of 0 USD.
What is the dividend yield of Covetrus?
The current dividend yield of Covetrus is .
When does Covetrus pay dividends?
Covetrus pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Covetrus?
Covetrus paid dividends every year for the past 0 years.
What is the dividend of Covetrus?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Covetrus located?
Covetrus is assigned to the 'Health' sector.
Wann musste ich die Aktien von Covetrus kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Covetrus from 10/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/21/2024.
When did Covetrus pay the last dividend?
The last dividend was paid out on 10/21/2024.
What was the dividend of Covetrus in the year 2023?
In the year 2023, Covetrus distributed 0 USD as dividends.
In which currency does Covetrus pay out the dividend?
The dividends of Covetrus are distributed in USD.
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Andere Kennzahlen von Covetrus
Our stock analysis for Covetrus Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Covetrus Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
