ELVElevance Health

$402.55

Is it safe?

Can ELV take a bad year?

Elevance Health holds $4.91B more cash than debt, so a bad year is a question about profits, not about lenders.

$4.91B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
3.11

Altman Z-score · safe zone, above 3

Interest cover
3.79×

Interest cover · operating profit covers the interest bill, with room to spare

Details
Total debtQ2 2026
$31.0B
Cash and short-term investments
$36.0B
Net cash
$4.91B
EBITDA, trailing twelve months
$6.49B
Operating profit, trailing twelve months
$5.45B
Debt / equity
0.69×
Total debt / EBITDA
4.79×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−50%
Below its 52-week high
−6.4%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.