CVS Total Liab vs Common Stock Analysis

0HRS Stock

59.86 0.81 1.37%

CVS Health financial indicator trend analysis is way more than just evaluating CVS Health Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVS Health Corp is a good investment. Please check the relationship between CVS Health Total Liab and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Liab vs Common Stock

Total Liab vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVS Health Corp Total Liab account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CVS Health's Total Liab and Common Stock is 0.97. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Common Stock in the same time period over historical financial statements of CVS Health Corp, assuming nothing else is changed. The correlation between historical values of CVS Health's Total Liab and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of CVS Health Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Liab i.e., CVS Health's Total Liab and Common Stock go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Common Stock

Most indicators from CVS Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CVS Health Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 40.3 B in 2024, whereas Tax Provision is likely to drop slightly above 2.2 B in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	52.0B	53.7B	54.4B	57.2B
Total Revenue	292.1B	321.6B	357.8B	375.7B

Gross Profit Total Revenue

CVS Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock	Current Deferred Revenue
Total Assets		0.98	0.97	0.98	0.97	0.94	0.97	0.91	0.87	1.0	0.92	0.93	0.94	0.36	0.98	0.91	0.87	-0.94	1.0	0.98	0.82	0.95	0.94	0.99	0.97	0.58
Short Long Term Debt Total	0.98		0.93	0.93	0.91	0.92	1.0	0.85	0.81	0.99	0.89	0.88	0.87	0.3	1.0	0.88	0.9	-0.96	0.99	0.93	0.83	0.97	0.87	0.98	0.97	0.52
Other Current Liab	0.97	0.93		1.0	0.94	0.92	0.91	0.91	0.89	0.96	0.94	0.94	0.97	0.28	0.93	0.85	0.78	-0.94	0.97	0.98	0.79	0.87	0.96	0.96	0.95	0.58
Total Current Liabilities	0.98	0.93	1.0		0.95	0.93	0.91	0.94	0.9	0.96	0.93	0.94	0.98	0.29	0.92	0.88	0.77	-0.93	0.97	0.99	0.82	0.87	0.97	0.96	0.93	0.59
Total Stockholder Equity	0.97	0.91	0.94	0.95		0.92	0.9	0.93	0.87	0.96	0.89	0.91	0.93	0.5	0.92	0.92	0.83	-0.84	0.95	0.97	0.77	0.9	0.94	0.97	0.9	0.66
Property Plant And Equipment Net	0.94	0.92	0.92	0.93	0.92		0.9	0.85	0.89	0.93	0.82	0.92	0.87	0.48	0.9	0.83	0.83	-0.86	0.93	0.93	0.87	0.82	0.89	0.9	0.9	0.52
Net Debt	0.97	1.0	0.91	0.91	0.9	0.9		0.83	0.76	0.98	0.88	0.84	0.85	0.28	0.99	0.86	0.9	-0.95	0.98	0.91	0.83	0.98	0.85	0.97	0.96	0.53
Retained Earnings	0.91	0.85	0.91	0.94	0.93	0.85	0.83		0.83	0.89	0.84	0.85	0.95	0.33	0.84	0.96	0.66	-0.82	0.89	0.96	0.78	0.81	0.98	0.92	0.79	0.66
Cash	0.87	0.81	0.89	0.9	0.87	0.89	0.76	0.83		0.85	0.74	0.99	0.86	0.44	0.81	0.79	0.72	-0.82	0.86	0.91	0.67	0.72	0.89	0.83	0.85	0.31
Non Current Assets Total	1.0	0.99	0.96	0.96	0.96	0.93	0.98	0.89	0.85		0.92	0.91	0.92	0.36	0.99	0.9	0.89	-0.94	1.0	0.97	0.82	0.96	0.91	0.99	0.97	0.57
Non Currrent Assets Other	0.92	0.89	0.94	0.93	0.89	0.82	0.88	0.84	0.74	0.92		0.82	0.95	0.17	0.89	0.77	0.72	-0.87	0.92	0.91	0.68	0.86	0.87	0.93	0.9	0.72
Cash And Short Term Investments	0.93	0.88	0.94	0.94	0.91	0.92	0.84	0.85	0.99	0.91	0.82		0.9	0.4	0.88	0.82	0.79	-0.88	0.92	0.95	0.72	0.8	0.91	0.89	0.92	0.38
Net Receivables	0.94	0.87	0.97	0.98	0.93	0.87	0.85	0.95	0.86	0.92	0.95	0.9		0.24	0.87	0.86	0.66	-0.88	0.93	0.98	0.74	0.81	0.98	0.94	0.87	0.66
Common Stock Shares Outstanding	0.36	0.3	0.28	0.29	0.5	0.48	0.28	0.33	0.44	0.36	0.17	0.4	0.24		0.31	0.4	0.44	-0.12	0.31	0.34	0.29	0.31	0.3	0.33	0.29	0.23
Non Current Liabilities Total	0.98	1.0	0.93	0.92	0.92	0.9	0.99	0.84	0.81	0.99	0.89	0.88	0.87	0.31		0.87	0.91	-0.95	0.99	0.93	0.8	0.98	0.86	0.98	0.98	0.5
Inventory	0.91	0.88	0.85	0.88	0.92	0.83	0.86	0.96	0.79	0.9	0.77	0.82	0.86	0.4	0.87		0.74	-0.81	0.89	0.92	0.78	0.87	0.93	0.92	0.79	0.56
Other Current Assets	0.87	0.9	0.78	0.77	0.83	0.83	0.9	0.66	0.72	0.89	0.72	0.79	0.66	0.44	0.91	0.74		-0.83	0.87	0.78	0.76	0.91	0.68	0.85	0.91	0.4
Other Stockholder Equity	-0.94	-0.96	-0.94	-0.93	-0.84	-0.86	-0.95	-0.82	-0.82	-0.94	-0.87	-0.88	-0.88	-0.12	-0.95	-0.81	-0.83		-0.96	-0.91	-0.8	-0.9	-0.87	-0.93	-0.96	-0.4
Total Liab	1.0	0.99	0.97	0.97	0.95	0.93	0.98	0.89	0.86	1.0	0.92	0.92	0.93	0.31	0.99	0.89	0.87	-0.96		0.97	0.82	0.95	0.92	0.99	0.97	0.55
Total Current Assets	0.98	0.93	0.98	0.99	0.97	0.93	0.91	0.96	0.91	0.97	0.91	0.95	0.98	0.34	0.93	0.92	0.78	-0.91	0.97		0.79	0.88	0.98	0.97	0.92	0.59
Short Term Debt	0.82	0.83	0.79	0.82	0.77	0.87	0.83	0.78	0.67	0.82	0.68	0.72	0.74	0.29	0.8	0.78	0.76	-0.8	0.82	0.79		0.75	0.77	0.79	0.75	0.53
Intangible Assets	0.95	0.97	0.87	0.87	0.9	0.82	0.98	0.81	0.72	0.96	0.86	0.8	0.81	0.31	0.98	0.87	0.91	-0.9	0.95	0.88	0.75		0.81	0.96	0.93	0.54
Accounts Payable	0.94	0.87	0.96	0.97	0.94	0.89	0.85	0.98	0.89	0.91	0.87	0.91	0.98	0.3	0.86	0.93	0.68	-0.87	0.92	0.98	0.77	0.81		0.93	0.85	0.57
Good Will	0.99	0.98	0.96	0.96	0.97	0.9	0.97	0.92	0.83	0.99	0.93	0.89	0.94	0.33	0.98	0.92	0.85	-0.93	0.99	0.97	0.79	0.96	0.93		0.95	0.61
Common Stock	0.97	0.97	0.95	0.93	0.9	0.9	0.96	0.79	0.85	0.97	0.9	0.92	0.87	0.29	0.98	0.79	0.91	-0.96	0.97	0.92	0.75	0.93	0.85	0.95		0.44
Current Deferred Revenue	0.58	0.52	0.58	0.59	0.66	0.52	0.53	0.66	0.31	0.57	0.72	0.38	0.66	0.23	0.5	0.56	0.4	-0.4	0.55	0.59	0.53	0.54	0.57	0.61	0.44

Click cells to compare fundamentals

CVS Health Account Relationship Matchups

CVS Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	222.4B	230.7B	233.0B	228.3B	249.7B	262.2B
Short Long Term Debt Total	89.0B	85.0B	76.0B	70.7B	79.4B	83.4B
Other Current Liab	37.4B	43.8B	49.4B	51.1B	59.6B	62.6B
Total Current Liabilities	53.3B	62.0B	67.8B	69.7B	79.2B	83.1B
Total Stockholder Equity	63.9B	69.4B	75.1B	71.0B	76.5B	80.3B
Property Plant And Equipment Net	32.9B	33.3B	32.0B	30.7B	30.4B	32.0B
Net Debt	83.3B	77.2B	66.6B	57.8B	71.2B	74.7B
Retained Earnings	45.1B	49.6B	54.9B	56.1B	61.6B	64.7B
Cash	5.7B	7.9B	9.4B	12.9B	8.2B	8.6B
Non Current Assets Total	172.1B	174.3B	173.0B	162.6B	181.9B	191.0B
Non Currrent Assets Other	4.6B	4.6B	4.7B	4.0B	7.9B	8.3B
Cash And Short Term Investments	8.1B	10.9B	12.5B	15.7B	11.5B	12.0B
Net Receivables	19.6B	21.7B	24.4B	27.3B	35.2B	37.0B
Common Stock Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.3B	984.2M
Liabilities And Stockholders Equity	222.4B	230.7B	233.0B	228.3B	249.7B	262.2B
Non Current Liabilities Total	105.0B	99.0B	89.8B	87.2B	93.9B	98.6B
Inventory	17.5B	18.5B	17.8B	19.1B	18.0B	18.9B
Other Current Assets	5.1B	5.3B	5.3B	3.5B	3.2B	3.3B
Other Stockholder Equity	(28.2B)	(28.2B)	(28.2B)	(31.9B)	(33.8B)	(32.1B)
Total Liab	158.3B	161.0B	157.6B	157.0B	173.1B	181.7B
Total Current Assets	50.3B	56.4B	60.0B	65.7B	67.9B	71.3B
Accumulated Other Comprehensive Income	1.0B	1.4B	965M	(1.5B)	(297M)	(311.9M)
Short Term Debt	5.4B	7.1B	5.9B	3.5B	4.6B	4.9B
Intangible Assets	33.1B	31.1B	29.0B	24.8B	29.2B	30.7B
Accounts Payable	10.5B	11.1B	12.5B	14.8B	14.9B	15.6B
Good Will	79.7B	79.6B	79.1B	78.2B	91.3B	95.8B
Common Stock	46.0B	46.5B	47.4B	48.2B	49.0B	51.4B
Current Deferred Revenue	32.6B	38.0B	43.8B	3.9B	57.1B	60.0B
Short Term Investments	2.4B	3B	3.1B	2.8B	3.3B	3.4B
Other Assets	9.1B	9.5B	9.8B	7.8B	9.0B	5.4B
Long Term Debt	22.2B	71.4B	63.9B	58.2B	66.9B	53.1B
Treasury Stock	(37.8B)	(28.2B)	(28.2B)	(28.2B)	(32.4B)	(34.0B)
Property Plant Equipment	32.9B	33.3B	32.0B	30.7B	35.4B	25.3B
Other Liab	21.4B	21.0B	19.7B	19.9B	22.9B	20.0B
Net Tangible Assets	(49.0B)	(41.3B)	(33.1B)	(31.9B)	(28.7B)	(30.1B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CVS Total Liab vs Common Stock Analysis

Total Liab vs Common Stock

Total Liab vs Common Stock Correlation Analysis

Correlation Coefficient

Total Liab

Common Stock

CVS Health fundamental ratios Correlations

CVS Health Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CVS Health fundamental ratios Accounts

Also Currently Popular

Additional Tools for CVS Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Current Liabilities	+ 1.0	Other Current Liab
Total Liab	+ 1.0	Non Current Assets Total

Common Stock	- 0.96	Other Stockholder Equity
Total Liab	- 0.96	Other Stockholder Equity
Other Stockholder Equity	- 0.96	Short Long Term Debt Total
Other Stockholder Equity	- 0.95	Non Current Liabilities Total
Other Stockholder Equity	- 0.95	Net Debt
Other Stockholder Equity	- 0.94	Non Current Assets Total