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CVS Health Shareholders Equity Trend from 2010 to 2020

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CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

CVS Health Shareholders Equity yearly trend continues to be relatively stable with very little volatility. Shareholders Equity is likely to drop to about 57.8 B. During the period from 2010 to 2020, CVS Health Shareholders Equity destribution of quarterly values had r-value of  0.77 from its regression line and mean deviation of  8,951,539,800. 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 Shareholders Equity Marginal Breakdown

Showing smoothed Shareholders Equity of CVS Health Corporation with missing and latest data points interpolated. A principal component of the balance sheet; in addition to total liabilities and total assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.
Shareholders Equity10 Years Trend
Increasing
Slightly volatile
 Shareholders Equity 
    
  Timeline 

CVS Health Shareholders Equity Regression Statistics

Arithmetic Mean 43,539,808,612
Geometric Mean 42,506,383,953
Coefficient Of Variation 24.50
Mean Deviation 8,951,539,800
Median 37,938,000,000
Standard Deviation 10,668,859,457
Range 28,096,000,000
R-Value 0.77
R-Squared 0.60
Significance 0.005327
Slope 2,484,777,033

CVS Health Shareholders Equity Over Time

2018  58,225,000,000 
2019  63,864,000,000 
2020  57,763,894,737 

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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.