CVS Other Non Cash Items vs Change In Working Capital Analysis

CVS Stock

USD 45.82 0.05 0.11%

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 Other Non Cash Items and its Change In Working Capital 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 real.

Other Non Cash Items vs Change In Working Capital

Other Non Cash Items vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVS Health Corp Other Non Cash Items account and Change In Working Capital. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CVS Health's Other Non Cash Items and Change In Working Capital is 0.17. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Change In Working Capital 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 Other Non Cash Items and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of CVS Health Corp are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Other Non Cash Items i.e., CVS Health's Other Non Cash Items and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Non Cash Items

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

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 real.

At this time, CVS Health's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 91.1 B in 2025, whereas Discontinued Operations is likely to drop (10.9 M) in 2025.

	2022	2023	2024	2025 (projected)
Operating Income	8.0B	13.7B	15.8B	16.6B
Other Operating Expenses	314.5B	601.0B	691.1B	725.7B

Operating Income Other Operating Expenses

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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will
Total Assets		0.98	0.83	0.98	0.97	0.95	0.97	0.93	0.89	1.0	0.95	0.94	0.95	0.48	0.98	0.91	0.88	-0.92	1.0	0.82	0.98	0.84	0.95	0.95	0.97	1.0
Short Long Term Debt Total	0.98		0.73	0.94	0.92	0.93	1.0	0.87	0.84	0.99	0.92	0.9	0.89	0.41	1.0	0.87	0.93	-0.95	0.99	0.78	0.94	0.86	0.97	0.89	0.97	0.98
Other Current Liab	0.83	0.73		0.91	0.85	0.83	0.7	0.88	0.87	0.8	0.88	0.88	0.92	0.37	0.72	0.74	0.55	-0.71	0.81	0.79	0.89	0.72	0.64	0.91	0.76	0.81
Total Current Liabilities	0.98	0.94	0.91		0.96	0.94	0.92	0.96	0.9	0.97	0.95	0.94	0.98	0.43	0.93	0.88	0.79	-0.9	0.98	0.86	0.99	0.84	0.89	0.98	0.93	0.97
Total Stockholder Equity	0.97	0.92	0.85	0.96		0.93	0.91	0.95	0.88	0.97	0.93	0.92	0.94	0.61	0.92	0.93	0.81	-0.82	0.96	0.81	0.98	0.8	0.91	0.96	0.91	0.97
Property Plant And Equipment Net	0.95	0.93	0.83	0.94	0.93		0.91	0.88	0.9	0.95	0.93	0.93	0.89	0.53	0.92	0.85	0.85	-0.86	0.94	0.8	0.94	0.89	0.85	0.9	0.91	0.92
Net Debt	0.97	1.0	0.7	0.92	0.91	0.91		0.85	0.8	0.98	0.9	0.87	0.87	0.39	1.0	0.86	0.93	-0.94	0.98	0.78	0.92	0.86	0.98	0.87	0.96	0.97
Retained Earnings	0.93	0.87	0.88	0.96	0.95	0.88	0.85		0.85	0.91	0.86	0.87	0.96	0.52	0.86	0.96	0.69	-0.79	0.92	0.81	0.97	0.81	0.84	0.99	0.82	0.94
Cash	0.89	0.84	0.87	0.9	0.88	0.9	0.8	0.85		0.87	0.92	0.99	0.86	0.47	0.84	0.8	0.75	-0.83	0.88	0.64	0.92	0.71	0.75	0.89	0.87	0.85
Non Current Assets Total	1.0	0.99	0.8	0.97	0.97	0.95	0.98	0.91	0.87		0.95	0.93	0.93	0.47	0.99	0.89	0.9	-0.93	1.0	0.82	0.97	0.85	0.96	0.93	0.98	0.99
Non Currrent Assets Other	0.95	0.92	0.88	0.95	0.93	0.93	0.9	0.86	0.92	0.95		0.96	0.89	0.44	0.92	0.81	0.87	-0.89	0.94	0.73	0.93	0.84	0.87	0.89	0.94	0.92
Cash And Short Term Investments	0.94	0.9	0.88	0.94	0.92	0.93	0.87	0.87	0.99	0.93	0.96		0.9	0.45	0.9	0.82	0.81	-0.88	0.93	0.7	0.95	0.76	0.83	0.91	0.93	0.91
Net Receivables	0.95	0.89	0.92	0.98	0.94	0.89	0.87	0.96	0.86	0.93	0.89	0.9		0.41	0.88	0.87	0.69	-0.83	0.94	0.9	0.98	0.77	0.84	0.98	0.88	0.95
Common Stock Shares Outstanding	0.48	0.41	0.37	0.43	0.61	0.53	0.39	0.52	0.47	0.47	0.44	0.45	0.41		0.41	0.62	0.4	-0.24	0.43	0.33	0.49	0.39	0.44	0.49	0.36	0.46
Non Current Liabilities Total	0.98	1.0	0.72	0.93	0.92	0.92	1.0	0.86	0.84	0.99	0.92	0.9	0.88	0.41		0.86	0.93	-0.95	0.99	0.77	0.93	0.83	0.98	0.88	0.98	0.98
Inventory	0.91	0.87	0.74	0.88	0.93	0.85	0.86	0.96	0.8	0.89	0.81	0.82	0.87	0.62	0.86		0.74	-0.76	0.89	0.71	0.93	0.8	0.87	0.93	0.79	0.91
Other Current Assets	0.88	0.93	0.55	0.79	0.81	0.85	0.93	0.69	0.75	0.9	0.87	0.81	0.69	0.4	0.93	0.74		-0.9	0.89	0.55	0.79	0.81	0.93	0.71	0.92	0.86
Other Stockholder Equity	-0.92	-0.95	-0.71	-0.9	-0.82	-0.86	-0.94	-0.79	-0.83	-0.93	-0.89	-0.88	-0.83	-0.24	-0.95	-0.76	-0.9		-0.94	-0.67	-0.88	-0.81	-0.9	-0.83	-0.95	-0.91
Total Liab	1.0	0.99	0.81	0.98	0.96	0.94	0.98	0.92	0.88	1.0	0.94	0.93	0.94	0.43	0.99	0.89	0.89	-0.94		0.82	0.97	0.85	0.96	0.94	0.98	0.99
Property Plant And Equipment Gross	0.82	0.78	0.79	0.86	0.81	0.8	0.78	0.81	0.64	0.82	0.73	0.7	0.9	0.33	0.77	0.71	0.55	-0.67	0.82		0.83	0.71	0.73	0.82	0.75	0.83
Total Current Assets	0.98	0.94	0.89	0.99	0.98	0.94	0.92	0.97	0.92	0.97	0.93	0.95	0.98	0.49	0.93	0.93	0.79	-0.88	0.97	0.83		0.82	0.9	0.99	0.92	0.98
Short Term Debt	0.84	0.86	0.72	0.84	0.8	0.89	0.86	0.81	0.71	0.85	0.84	0.76	0.77	0.39	0.83	0.8	0.81	-0.81	0.85	0.71	0.82		0.79	0.8	0.79	0.82
Intangible Assets	0.95	0.97	0.64	0.89	0.91	0.85	0.98	0.84	0.75	0.96	0.87	0.83	0.84	0.44	0.98	0.87	0.93	-0.9	0.96	0.73	0.9	0.79		0.84	0.94	0.96
Accounts Payable	0.95	0.89	0.91	0.98	0.96	0.9	0.87	0.99	0.89	0.93	0.89	0.91	0.98	0.49	0.88	0.93	0.71	-0.83	0.94	0.82	0.99	0.8	0.84		0.86	0.95
Common Stock	0.97	0.97	0.76	0.93	0.91	0.91	0.96	0.82	0.87	0.98	0.94	0.93	0.88	0.36	0.98	0.79	0.92	-0.95	0.98	0.75	0.92	0.79	0.94	0.86		0.96
Good Will	1.0	0.98	0.81	0.97	0.97	0.92	0.97	0.94	0.85	0.99	0.92	0.91	0.95	0.46	0.98	0.91	0.86	-0.91	0.99	0.83	0.98	0.82	0.96	0.95	0.96

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CVS Health Account Relationship Matchups

CVS Health fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	230.7B	233.0B	228.3B	249.7B	287.2B	301.5B
Short Long Term Debt Total	85.0B	76.0B	70.7B	79.4B	91.3B	95.9B
Other Current Liab	43.8B	49.4B	51.1B	59.6B	68.5B	71.9B
Total Current Liabilities	62.0B	67.8B	69.4B	79.2B	91.1B	95.6B
Total Stockholder Equity	69.4B	75.1B	71.5B	76.5B	87.9B	92.3B
Property Plant And Equipment Net	33.3B	32.0B	30.7B	30.4B	35.0B	36.8B
Net Debt	77.2B	66.6B	57.8B	71.2B	81.9B	86.0B
Retained Earnings	49.6B	54.9B	56.4B	61.6B	70.8B	74.4B
Cash	7.9B	9.4B	12.9B	8.2B	9.4B	9.9B
Non Current Assets Total	174.3B	173.0B	162.6B	181.9B	209.2B	219.6B
Non Currrent Assets Other	9.5B	9.8B	7.8B	7.9B	9.1B	9.6B
Cash And Short Term Investments	10.9B	12.5B	15.7B	11.5B	13.2B	13.8B
Net Receivables	21.7B	24.4B	27.3B	35.2B	40.5B	42.5B
Common Stock Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.5B	984.2M
Liabilities And Stockholders Equity	230.7B	233.0B	228.3B	249.7B	287.2B	301.5B
Non Current Liabilities Total	99.0B	89.8B	87.1B	93.9B	108.0B	113.4B
Inventory	18.5B	17.8B	19.1B	18.0B	20.7B	21.8B
Other Current Assets	5.3B	5.3B	3.5B	3.2B	3.6B	3.8B
Other Stockholder Equity	(28.2B)	(28.2B)	(31.9B)	(33.8B)	(30.5B)	(28.9B)
Total Liab	161.0B	157.6B	156.5B	173.1B	199.1B	209.0B
Property Plant And Equipment Gross	33.3B	12.9B	12.9B	51.1B	58.8B	61.7B
Total Current Assets	56.4B	60.0B	65.6B	67.9B	78.0B	81.9B
Accumulated Other Comprehensive Income	1.4B	965M	(1.3B)	(297M)	(341.6M)	(358.6M)
Short Term Debt	7.1B	5.9B	3.5B	4.7B	5.4B	5.7B
Intangible Assets	31.1B	29.0B	24.8B	29.2B	33.6B	35.3B
Accounts Payable	11.1B	12.5B	14.8B	14.9B	17.1B	18.0B
Common Stock	46.5B	47.4B	48.2B	49.0B	56.3B	59.2B
Good Will	79.6B	79.1B	78.2B	91.3B	105.0B	110.2B
Common Stock Total Equity	46.0B	46.5B	47.4B	48.2B	55.4B	58.2B
Other Liab	21.4B	21.0B	19.7B	19.9B	22.9B	24.1B
Other Assets	9.1B	51.0B	9.8B	7.6B	8.7B	4.8B
Long Term Debt	59.2B	52.0B	50.5B	58.6B	67.4B	70.8B
Treasury Stock	(28.2B)	(28.2B)	(28.2B)	(31.9B)	(28.7B)	(27.2B)
Property Plant Equipment	32.9B	12.6B	12.9B	12.9B	14.8B	9.5B
Current Deferred Revenue	38.0B	43.8B	3.9B	57.1B	65.7B	69.0B
Short Term Investments	3B	3.1B	2.8B	3.3B	3.7B	3.9B
Net Tangible Assets	(49.0B)	(41.3B)	(33.1B)	71.0B	63.9B	67.1B
Noncontrolling Interest In Consolidated Entity	318M	306M	312M	300M	345M	362.3M
Retained Earnings Total Equity	45.1B	49.6B	54.9B	56.1B	64.6B	39.9B
Long Term Debt Total	64.7B	59.2B	52.0B	50.5B	58.0B	34.0B

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