CVS Net Tangible Assets from 2010 to 2026

CVS Stock  USD 78.48  0.55  0.71%   
CVS Health Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2026. Net Tangible Assets is the total assets of CVS Health Corp minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2009-06-30
Previous Quarter
72.7 B
Current Value
-46.5 B
Quarterly Volatility
37 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check CVS Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVS Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.8 B, Interest Expense of 3.3 B or Selling General Administrative of 921.5 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0265 or PTB Ratio of 2.54. CVS financial statements analysis is a perfect complement when working with CVS Health Valuation or Volatility modules.
  
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The evolution of Net Tangible Assets for CVS Health Corp provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how CVS Health compares to historical norms and industry peers.

Latest CVS Health's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of CVS Health Corp over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. CVS Health's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CVS Health's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

CVS Net Tangible Assets Regression Statistics

Arithmetic Mean7,344,451,471
Geometric Mean8,615,983,572
Coefficient Of Variation608.01
Mean Deviation36,158,284,429
Median42,000,000
Standard Deviation44,655,131,959
Sample Variance1994080810.3T
Range128B
R-Value0.52
Mean Square Error1551923208.7T
R-Squared0.27
Significance0.03
Slope4,598,178,676
Total Sum of Squares31905292964.6T

CVS Net Tangible Assets History

202667.1 B
202563.9 B
202271 B
2021-33.1 B
2020-41.3 B
2019-49 B
2018-57 B

About CVS Health Financial Statements

CVS Health shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although CVS Health investors may analyze each financial statement separately, they are all interrelated. The changes in CVS Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on CVS Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets63.9 B67.1 B

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.