CVS Health Earning Before Interest and Taxes EBIT Trend from 2010 to 2020

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CVS -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

CVS Health Earning Before Interest and Taxes EBIT yearly trend continues to be relatively stable with very little volatility. Earning Before Interest and Taxes EBIT is likely to drop to about 10.9 B. During the period from 2010 to 2020, CVS Health Earning Before Interest and Taxes EBIT destribution of quarterly values had r-value of  0.53 from its regression line and mean deviation of  1,800,780,339. 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. As of 05/30/2020, Income Tax Expense is likely to grow to about 2.7 B, while Direct Expenses is likely to drop slightly above 135.2 B.

Search Historical Trends

Check CVS Health financial statements 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.

  CVS Health Quarterly Earning Before Interest and Taxes EBIT

CVS Health Earning Before Interest and Taxes EBIT Marginal Breakdown

Showing smoothed Earning Before Interest and Taxes EBIT of CVS Health with missing and latest data points interpolated. Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.
Earning Before Interest and Taxes EBIT10 Years Trend
Slightly volatile
 Earning Before Interest and Taxes EBIT 

CVS Health Earning Before Interest and Taxes EBIT Regression Statistics

Arithmetic Mean 8,303,215,311
Geometric Mean 7,978,453,390
Coefficient Of Variation 27.72
Mean Deviation 1,800,780,339
Median 8,277,000,000
Standard Deviation 2,301,712,679
Range 8,008,000,000
R-Value 0.53
R-Squared 0.29
Significance 0.09
Slope 370,953,110

CVS Health Earning Before Interest and Taxes EBIT Over Time

20106.4 B
20116.3 B
20126.9 B
20148.3 B
20159.5 B
20169.7 B
20179.3 B
201912 B
202010.9 B

About CVS Health Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include CVS Health income statement, its balance sheet, and the statement of cash flows. CVS Health investors use historical funamental indicators, such as CVS Health's Earning Before Interest and Taxes EBIT, to determine how well the company is positioned to perform in the future. Although CVS Health investors may use each financial statement separately, they are all related. The changes in CVS Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CVS Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CVS Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CVS Health. Please read more on our technical analysis and fundamental analysis pages.

Current Sentiment - CVS

CVS Health Investor Sentiment

Predominant part of Macroaxis users are currently bullish on CVS Health. What is your opinion about investing in CVS Health? Are you bullish or bearish?
98% Bullish
2% Bearish

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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Continue to the analysis of CVS Health Correlation with competitors. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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