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CVS Health Current Ratio

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CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

This year Current Ratio is likely to grow to 0.95. CVS Health current ratio fundamental analysis lookup allows you to check this and other indicators for CVS Health Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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CVS Health Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
 2017 2018 2019 2020 (projected)
Long Term Debt to Equity0.58851.231.11.19
Interest Coverage9.141.541.771.82
CVS Health Corporation provides health services and plans in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Health operates under Healthcare Plans classification in USA and is traded on BATS Exchange.
Long Term Debt to EquityInterest Coverage
Current Ratio 
 = 
Current Asset 
Current Liabilities 
More About Current Ratio | All Equity Analysis
CVS Health Current Ratio  =
0.95 
ValuationFundamentalsBuy or Sell

CVS Health Current Ratio Over Time Pattern

 CVS Health Current Ratio 
    
  Timeline 

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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CVS Health Current Ratio Related Assessment

Net Loss Income from Discontinued Operations
In accordance with recently published financial statements CVS Health Corporation has Current Ratio of 0.95 times. This is 67.35% lower than that of the Healthcare sector, and significantly higher than that of Healthcare Plans industry, The Current Ratio for all stocks is 56.02% higher than the company.

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CVS Health current financial ratios

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CVS Health Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for CVS Health and Cigna. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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