CVS Health Return on Invested Capital Trend

CVS -- USA Stock  

Fiscal Quarter End: December 31, 2019  

This module enables investors to look at CVS Health various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Direct Expenses of 132.3 B, Consolidated Income of 4.2 B or Cost of Revenue of 106.2 B, but also many exotic indicators such as Interest Coverage of 7.0765, Long Term Debt to Equity of 0.86 or Calculated Tax Rate of 95.2946. This module is a perfect complement to use when analyzing CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Check also analysis of CVS Health Correlation with competitors.

CVS Health Return on Invested Capital Marginal Breakdown

Showing smoothed Return on Invested Capital of CVS Health Corporation with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.
Return on Invested Capital10 Years Trend
Slightly volatile
 Return on Invested Capital 

CVS Health Regression Statistics

Arithmetic Mean 0.26
Geometric Mean 0.24
Coefficient Of Variation 27.72
Mean Deviation 0.041924
Median 0.29
Standard Deviation 0.07
Sample Variance 0.0052
Range 0.24
R Value 0.36
Mean Square Error 0.005042
R Squared 0.13
Significance 0.28
Slope 0.007761
Total Sum of Squares 0.05

CVS Health Return on Invested Capital Over Time

2010  0.29 
2018  0.26 
2019  0.24 

Other Fundumenentals of CVS Health