CVS Health Current Ratio Trend

<div class='logoBackup' style='background:#2A0CD0;color: white;font-size:3em;;'>CVS</div>
CVS -- USA Stock  

Earning Report: February 12, 2020  

Check CVS Health fundamental indicators over time to gain insight into the company future performance. Apply historical fundamental analysis to find patters among financial statement drivers such as Direct Expenses of 124.1 B, Consolidated Income of 1.4 B or Cost of Revenue of 165.4 B, as well as many exotic indicators such as Interest Coverage of 7.2, Long Term Debt to Equity of 0.7931 or Calculated Tax Rate of 87.8. This can be a perfect complement to check CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Continue to analysis of CVS Health Correlation with competitors.

CVS Health Current Ratio Marginal Breakdown

Showing smoothed Current Ratio of CVS Health Corporation with missing and latest data points interpolated. The ratio between [AssetsC] and [LiabilitiesC]; for companies that operate a classified balance sheet.
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0.95 

          10 Years Trend
Decreasing
Slightly volatile
 Current Ratio 
    
  Timeline 

CVS Health Regression Statistics

Arithmetic Mean 1.28
Geometric Mean 1.26
Coefficient Of Variation 20.17
Mean Deviation 0.22
Median 1.37
Standard Deviation 0.26
Sample Variance 0.07
Range 0.72
R Value(0.90)
Mean Square Error 0.013584
R Squared 0.82
Significance 0.00005792
Slope(0.06)
Total Sum of Squares 0.73

CVS Health Current Ratio Over Time

2018  1.03 
2019  0.93 
2020  0.95 

Other Fundumenentals of CVS Health