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CVS Health Current Assets Trend from 2010 to 2020

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CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

CVS Health Current Assets yearly trend continues to be relatively stable with very little volatility. Current Assets are likely to drop to about 30.4 B. During the period from 2010 to 2020, CVS Health Current Assets destribution of quarterly values had r-value of  0.83 from its regression line and mean deviation of  7,361,553,719. CVS Health Interest Expense is relatively stable at the moment as compared to the last year. CVS Health reported last year Interest Expense of 3.04 Billion. This year Income Tax Expense is likely to grow to about 2.7 B, while Direct Expenses is likely to drop slightly above 135.2 B. Check CVS Health fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 135.2 B, Consolidated Income of 6 B or Cost of Revenue of 182.9 B, as well as many exotic indicators such as Interest Coverage of 4.05, Long Term Debt to Equity of 1.09 or Calculated Tax Rate of 33.27. This can be a perfect complement to check CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Continue to the analysis of CVS Health Correlation with competitors.
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CVS Health Current Assets Marginal Breakdown

Showing smoothed Current Assets of CVS Health Corporation with missing and latest data points interpolated. Current assets of CVS Health Corporation include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of CVS Health. The current portion of total assets; reported if a company operates a classified balance sheet that segments current and non-current assets.
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30.38 B

          10 Years Trend
Increasing
Slightly volatile
 Current Assets 
    
  Timeline 

CVS Health Current Assets Regression Statistics

Arithmetic Mean 29,541,090,909
Geometric Mean 28,048,700,960
Coefficient Of Variation 34.95
Mean Deviation 7,361,553,719
Median 29,158,000,000
Standard Deviation 10,324,111,453
Range 32,765,000,000
R-Value 0.83
R-Squared 0.68
Significance 0.001691
Slope 2,574,090,909

CVS Health Current Assets Over Time

2018  45,243,000,000 
2019  50,302,000,000 
2020  30,378,000,000 

Other Fundumenentals of CVS Health

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CVS Health Fundamental Drivers

CVS Health Corporation Fundamental Market Drivers

Short Percent Of Float1.44%
Forward Price Earnings8.95
Shares Short Prior Month20.25M
Average Daily Volume Last 10 Day5.65M
Average Daily Volume In Three Month6.45M
Date Short InterestJanuary 31, 2020
Fifty Day Average72.20
Two Hundred Day Average68.43

CVS Health Upcoming Events

CVS Health Upcoming Company Events

Upcoming Quarterly Earning ReportMay 6, 2020
Next Earnings ReportAugust 5, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndFebruary 10, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
Continue to the analysis of CVS Health Correlation with competitors. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.