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CVS Health Return On Asset Trend from 2010 to 2020

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CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

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 Return On Asset Marginal Breakdown

Showing smoothed Return on Average Assets of CVS Health Corporation with missing and latest data points interpolated. Return on assets measures how profitable a company is net income common stock relative to its total assets average assets.
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0.0379 

          10 Years Trend
 Return on Average Assets 
    
  Timeline 

CVS Health Return On Asset Regression Statistics

Arithmetic Mean 0.0474
Coefficient Of Variation 56.02
Mean Deviation 0.021055
Median 0.06
Standard Deviation 0.026553
Sample Variance 0.00070508
Range 0.07
R-Value(0.66)
Mean Square Error 0.0004401
R-Squared 0.44
Significance 0.026489
Slope(0.0053)
Total Sum of Squares 0.007051

CVS Health Return On Asset Over Time

2018 (0.004) 
2019  0.03 
2020  0.0004 

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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 Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.