ABBV Debt Analysis

AbbVie Inc. - Total Debt & Leverage Ratios

Data as of 12/31/2024

Debt Health Rating

Excellent

Very low debt levels with strong coverage

Key Debt Metrics

Total Debt

$70.63B

Combined long & short-term

Debt-to-Equity

-

Leverage ratio

Interest Coverage

178.49x

Op. income / interest

Debt Structure

Long-term Debt

Due after 1 year

$66.84B

Short-term Debt

Due within 1 year

$3.79B

Annual Interest Expense

Cost of debt per year

$59.00M

Net Debt

Total debt minus cash

$65.00B

Leverage Ratios

Debt-to-Assets

Total debt / Total assets

52.7%

Debt Service Coverage

Cash flow / Interest

234.10x

Debt Activity (Annual)

New Debt Issued

$3.99B

Debt Repaid

-

Net Change

$3.99B

Adding debt

Balance Sheet Context

Cash & Equivalents

$5.63B

Total Assets

$133.90B

Stockholders Equity

$-2.64B

Operating Income

$10.53B

Operating Cash Flow

$13.81B

View Detailed Debt Analysis

Explore maturity schedules, corporate bonds, and risk analysis

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Frequently Asked Questions

What is ABBV total debt?

ABBV has total debt of $70.63B, consisting of $66.84B in long-term debt and $3.79B in short-term debt.

What is ABBV debt-to-equity ratio?

Debt-to-equity ratio for ABBV is not currently available.

What is ABBV interest coverage ratio?

ABBV has an interest coverage ratio of 178.49x, meaning it generates 178.5 times its annual interest expense in operating income. This indicates strong ability to service debt.

Is ABBV debt level healthy?

ABBV has a debt health rating of "Excellent". Very low debt levels with strong coverage. The company has been adding to its debt.

How much is ABBV net debt?

ABBV's net debt (total debt minus cash) is $65.00B. This represents the actual debt burden after accounting for cash reserves.

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