Bausch Health Companies (BHC) Balance Sheet: Assets & Liabilities

Bausch Health Companies (BHC) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Bausch Health Companies reported total assets of $26.37B and total liabilities of $25.99B. Shareholders' equity was negative at −$554.00M, meaning liabilities exceed assets. Total debt stood at $20.82B against $1.31B in cash and short-term investments, a net debt position of $19.51B.

Bausch Health Companies Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Bausch Health Companies Inc. (BHC) - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	1.31	1.18	0.95	0.56	0.58	0.61	3.24	0.72	0.72
Cash & Short-Term Investments	1.31	1.18	0.95	0.56	0.58	0.61	3.24	0.72	0.72
Accounts Receivable	2.35	2.14	2.00	1.79	1.78	1.58	1.84	1.87	2.13
Inventory	1.63	1.60	1.54	1.09	0.99	1.09	1.11	0.93	1.05
Other Current Assets	0.85	0.86	1.11	0.78	0.72	2.07	0.78	0.69	0.85
Total Current Assets	6.16	5.77	5.60	4.25	5.61	5.34	6.97	0.72	4.75
Non-Current Assets
Property, Plant & Equipment (Net)	2.07	1.78	1.89	1.60	1.60	1.57	1.47	1.35	1.40
Goodwill	11.27	11.09	11.18	11.55	12.46	13.04	13.13	13.14	15.59
Intangible Assets	4.64	5.55	6.46	5.80	6.95	8.45	10.20	12.00	15.21
Other Non-Current Assets	0.38	0.36	2.22	0.33	0.34	0.66	0.41	0.11	0.11
Total Non-Current Assets	20.21	20.75	21.75	21.44	23.60	25.86	26.89	28.28	32.75
Total Assets	26.37	26.52	27.35	25.69	29.20	31.20	33.86	27.45	37.50
Current Liabilities
Accounts Payable	0.60	0.66	0.72	0.52	0.41	0.34	0.50	0.41	0.37
Short-Term Debt	0.23	2.73	0.51	0.43	0.11	0.05	1.29	0.23	0.21
Current Portion of Long-Term Debt	0.16	1.86	0.45	0.43	-	-	-	-	-
Accrued Liabilities	1.92	1.97	3.13	1.62	1.72	-	-	-	-
Deferred Revenue	0.00	0.00	0.00	0.00	0.00	0.00	2.39	0.17	2.74
Other Current Liabilities	1.00	3.30	3.03	1.04	2.64	4.37	4.26	3.03	3.49
Total Current Liabilities	4.18	6.75	4.30	3.94	5.20	4.91	6.25	3.84	4.27
Non-Current Liabilities
Long-Term Debt	20.59	18.94	21.94	20.33	22.65	24.15	24.90	24.08	25.24
Deferred Tax Liabilities	0.15	0.13	0.16	0.20	0.53	0.53	0.71	0.89	1.18
Other Non-Current Liabilities	1.05	1.02	1.19	0.95	0.86	1.53	1.58	1.76	2.05
Total Non-Current Liabilities	21.81	20.09	23.13	21.49	24.04	25.68	26.48	24.63	27.29
Total Liabilities	25.99	26.85	27.43	25.43	29.24	30.59	32.73	24.63	31.55
Stockholders' Equity
Common Stock	10.52	10.49	10.42	10.39	10.32	10.23	10.17	10.12	10.09
Retained Earnings	-9.67	-9.82	-9.78	-9.19	-8.96	-8.01	-7.45	-5.66	-2.73
Accumulated Other Comprehensive Income	-1.76	-2.18	-1.88	-2.06	-1.92	-2.13	-2.09	-2.14	-1.90
Additional Paid-in Capital	0.36	0.23	0.21	0.16	0.46	0.45	0.43	0.41	0.38
Minority Interest	0.93	0.96	0.94	0.95	0.07	0.07	0.07	0.08	0.10
Shares Outstanding	0.37	0.37	0.37	0.36	0.36	-	-	-	-
Total Stockholders' Equity	-0.55	-1.28	-1.02	-0.69	-0.11	0.54	1.06	2.73	5.85
Total Liabilities & Equity	26.37	26.52	27.35	25.69	29.20	31.20	33.86	27.45	37.50

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Bausch Health Companies Balance Sheet

How much debt does Bausch Health Companies have?

Bausch Health Companies had total debt of $20.82B as of Dec 31, 2025, against $1.31B in cash and short-term investments. Total debt was $21.67B a year earlier.

What are Bausch Health Companies's total assets?

Bausch Health Companies reported total assets of $26.37B as of Dec 31, 2025, down 0.6% from $26.52B a year earlier. Total liabilities were $25.99B.

What is Bausch Health Companies's shareholders' equity?

Bausch Health Companies's shareholders' equity was negative at −$554.00M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition