Also trades as: BHC.TO (TSX) · $vol 4M
BHC NYSE
Bausch Health Companies Inc.
1W: +0.6%
1M: +11.8%
3M: +40.7%
YTD: -11.8%
1Y: -0.3%
3Y: -13.3%
5Y: -77.3%
$6.31
-0.04 (-0.71%)
Weekly Expected Move ±4.4%
$6
$6
$6
$7
$7
Credit Risk of going bust: higher than 87% of companies Debt: 89.7% of company value Bonds: $300.9M held by 287 funds, 1254 bp over Treasuries → details ▾
If the stock fell to about $1.87 (down 71%), Bausch Health Companies Inc. would be worth roughly what it owes.
Total debt $20.78B against a stock market value of $2.37B.
Distance to default 1.94 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $10.80B (short-term plus half of long-term), stock volatility 54.2%; Altman Z'' -0.73. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Total debt $20.78B against a stock market value of $2.37B.
Distance to default 1.94 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $10.80B (short-term plus half of long-term), stock volatility 54.2%; Altman Z'' -0.73. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
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Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Supply Chain
Balance Sheet Trends
Total Assets
$26.3B
-0.8% ▼
5Y CAGR: -3.3%
Total Liabilities
$25.9B
-3.4% ▼
5Y CAGR: -3.2%
Shareholders Equity
-$553M
+56.8% ▲
Cash & Investments
$1.3B
+12.0% ▲
5Y CAGR: +16.9%
Total Debt
$21.2B
-2.8% ▼
5Y CAGR: -2.4%
Net Debt
$19.9B
-3.7% ▼
Assets vs Liabilities & Equity
Year-over-Year Growth
View Full Balance Sheet
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| — Assets — | |||||
| Cash | $582M | $564M | $947M | $1.2B | $1.3B |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Cash & ST Investments | $582M | $564M | $947M | $1.2B | $1.3B |
| Net Receivables | $1.8B | $1.8B | $2.0B | $2.1B | $2.3B |
| Inventory | $993M | $1.1B | $1.5B | $1.6B | $1.6B |
| Other Current Assets | $1.5B | $39M | $1.1B | $858M | $850M |
| Total Current Assets | $5.6B | $4.2B | $5.6B | $5.8B | $6.1B |
| Property, Plant & Equip. | $1.6B | $1.6B | $1.7B | $1.8B | $2.1B |
| Goodwill & Intangibles | $19.4B | $17.3B | $17.6B | $16.6B | $15.9B |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Other Non-Current Assets | $340M | $326M | $307M | $363M | $377M |
| Total Non-Current Assets | $23.6B | $21.4B | $21.8B | $20.7B | $20.2B |
| Total Assets | $29.2B | $25.7B | $27.4B | $26.5B | $26.3B |
| — Liabilities — | |||||
| Accounts Payable | $407M | $521M | $719M | $656M | $599M |
| Short-Term Debt | $0 | $432M | $450M | $2.7B | $296M |
| Deferred Revenue | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $3.0B | $1.3B | $1.4B | $1.3B | $2.9B |
| Total Current Liabilities | $5.2B | $3.9B | $4.3B | $6.8B | $4.2B |
| Long-Term Debt | $22.7B | $20.3B | $21.9B | $18.9B | $20.7B |
| Other Non-Current Liab. | $855M | $949M | $1.0B | $857M | $712M |
| Total Non-Current Liabilities | $24.0B | $21.5B | $23.1B | $20.1B | $21.8B |
| Total Liabilities | $29.2B | $25.4B | $27.4B | $26.8B | $25.9B |
| — Equity — | |||||
| Common Stock | $10.3B | $10.4B | $10.4B | $10.5B | $10.5B |
| Retained Earnings | -$9.0B | -$9.2B | -$9.8B | -$9.8B | -$9.6B |
| Accumulated OCI | -$1.9B | -$2.1B | -$1.9B | -$2.2B | -$1.8B |
| Total Stockholders Equity | -$106M | -$692M | -$1.0B | -$1.3B | -$553M |
| Total Liabilities & Equity | $29.2B | $25.7B | $27.4B | $26.5B | $26.3B |
| — Key Metrics — | |||||
| Total Debt | $22.7B | $20.8B | $22.4B | $21.8B | $21.2B |
| Net Debt | $22.1B | $20.2B | $21.4B | $20.6B | $19.9B |
| Total Investments | $0 | $0 | $0 | $0 | $0 |