Cvs Health Corp Stock Cash And Equivalents

CVS Stock

USD 59.85 0.11 0.18%

CVS Health Corp fundamentals help investors to digest information that contributes to CVS Health's financial success or failures. It also enables traders to predict the movement of CVS Stock. The fundamental analysis module provides a way to measure CVS Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CVS Health stock.

		Last Reported	Projected for Next Year
	Cash And Equivalents	14.9 B	15.6 B

Cash And Equivalents is likely to gain to about 15.6 B in 2024.

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CVS Health Corp Company Cash And Equivalents Analysis

CVS Health's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

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Liquidities

More About Cash And Equivalents | All Equity Analysis

Current CVS Health Cash And Equivalents

12.95 B

Most of CVS Health's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CVS Health Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CVS Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for CVS Health is extremely important. It helps to project a fair market value of CVS Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since CVS Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CVS Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CVS Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Long Term Investments	Net Working Capital	Capital Stock
Total Assets		0.97	0.97	0.91	0.94	1.0	0.98	0.82	0.95	0.94	0.96	0.99	0.95	-0.58	0.57	0.58	0.97	0.19	0.87	0.79	0.62	0.67	0.81	0.96	0.96	-0.82	0.72
Total Stockholder Equity	0.97		0.89	0.94	0.93	0.94	0.97	0.78	0.9	0.94	0.89	0.96	0.87	-0.6	0.53	0.66	0.91	0.24	0.77	0.78	0.53	0.61	0.8	0.88	0.9	-0.81	0.72
Net Debt	0.97	0.89		0.83	0.85	0.98	0.91	0.84	0.98	0.84	0.96	0.97	0.98	-0.55	0.65	0.53	0.95	-0.01	0.93	0.75	0.75	0.73	0.69	0.97	0.93	-0.73	0.6
Retained Earnings	0.91	0.94	0.83		0.95	0.89	0.96	0.8	0.82	0.99	0.78	0.92	0.82	-0.79	0.46	0.66	0.81	0.31	0.69	0.88	0.38	0.67	0.77	0.77	0.79	-0.78	0.73
Net Receivables	0.94	0.93	0.85	0.95		0.93	0.98	0.74	0.82	0.97	0.87	0.94	0.83	-0.58	0.4	0.66	0.9	0.46	0.7	0.86	0.37	0.58	0.92	0.85	0.87	-0.9	0.88
Total Liab	1.0	0.94	0.98	0.89	0.93		0.97	0.83	0.95	0.92	0.97	0.99	0.96	-0.56	0.57	0.55	0.97	0.17	0.89	0.79	0.64	0.68	0.81	0.97	0.96	-0.81	0.71
Total Current Assets	0.98	0.97	0.91	0.96	0.98	0.97		0.8	0.88	0.98	0.91	0.97	0.89	-0.64	0.49	0.6	0.93	0.32	0.78	0.83	0.48	0.63	0.86	0.89	0.91	-0.84	0.78
Short Term Debt	0.82	0.78	0.84	0.8	0.74	0.83	0.8		0.76	0.78	0.75	0.8	0.75	-0.6	0.56	0.54	0.78	-0.04	0.71	0.68	0.48	0.95	0.57	0.76	0.78	-0.72	0.52
Intangible Assets	0.95	0.9	0.98	0.82	0.82	0.95	0.88	0.76		0.81	0.93	0.96	0.99	-0.58	0.62	0.55	0.91	-0.07	0.94	0.73	0.79	0.66	0.62	0.94	0.89	-0.64	0.53
Accounts Payable	0.94	0.94	0.84	0.99	0.97	0.92	0.98	0.78	0.81		0.83	0.93	0.83	-0.71	0.46	0.59	0.86	0.4	0.71	0.86	0.36	0.62	0.85	0.81	0.84	-0.82	0.79
Common Stock	0.96	0.89	0.96	0.78	0.87	0.97	0.91	0.75	0.93	0.83		0.95	0.94	-0.39	0.52	0.45	0.99	0.15	0.89	0.68	0.66	0.6	0.8	1.0	0.99	-0.78	0.68
Good Will	0.99	0.96	0.97	0.92	0.94	0.99	0.97	0.8	0.96	0.93	0.95		0.96	-0.6	0.56	0.61	0.95	0.17	0.87	0.82	0.63	0.66	0.79	0.95	0.93	-0.79	0.71
Long Term Debt	0.95	0.87	0.98	0.82	0.83	0.96	0.89	0.75	0.99	0.83	0.94	0.96		-0.58	0.61	0.5	0.92	-0.03	0.95	0.75	0.77	0.65	0.65	0.95	0.9	-0.65	0.56
Treasury Stock	-0.58	-0.6	-0.55	-0.79	-0.58	-0.56	-0.64	-0.6	-0.58	-0.71	-0.39	-0.6	-0.58		-0.44	-0.39	-0.39	0.02	-0.53	-0.74	-0.26	-0.61	-0.26	-0.38	-0.39	0.28	-0.24
Property Plant Equipment	0.57	0.53	0.65	0.46	0.4	0.57	0.49	0.56	0.62	0.46	0.52	0.56	0.61	-0.44		0.27	0.46	-0.24	0.65	0.46	0.57	0.47	0.21	0.54	0.49	-0.28	0.1
Current Deferred Revenue	0.58	0.66	0.53	0.66	0.66	0.55	0.6	0.54	0.55	0.59	0.45	0.61	0.5	-0.39	0.27		0.51	0.13	0.33	0.65	0.34	0.47	0.51	0.48	0.45	-0.7	0.58
Short Term Investments	0.97	0.91	0.95	0.81	0.9	0.97	0.93	0.78	0.91	0.86	0.99	0.95	0.92	-0.39	0.46	0.51		0.2	0.85	0.71	0.62	0.62	0.84	0.99	0.99	-0.84	0.74
Net Tangible Assets	0.19	0.24	-0.01	0.31	0.46	0.17	0.32	-0.04	-0.07	0.4	0.15	0.17	-0.03	0.02	-0.24	0.13	0.2		-0.18	0.26	-0.54	-0.22	0.68	0.09	0.18	-0.49	0.7
Long Term Debt Total	0.87	0.77	0.93	0.69	0.7	0.89	0.78	0.71	0.94	0.71	0.89	0.87	0.95	-0.53	0.65	0.33	0.85	-0.18		0.71	0.79	0.63	0.51	0.91	0.87	-0.52	0.34
Capital Surpluse	0.79	0.78	0.75	0.88	0.86	0.79	0.83	0.68	0.73	0.86	0.68	0.82	0.75	-0.74	0.46	0.65	0.71	0.26	0.71		0.32	0.6	0.67	0.69	0.7	-0.71	0.57
Deferred Long Term Liab	0.62	0.53	0.75	0.38	0.37	0.64	0.48	0.48	0.79	0.36	0.66	0.63	0.77	-0.26	0.57	0.34	0.62	-0.54	0.79	0.32		0.45	0.18	0.7	0.61	-0.27	0.11
Short Long Term Debt	0.67	0.61	0.73	0.67	0.58	0.68	0.63	0.95	0.66	0.62	0.6	0.66	0.65	-0.61	0.47	0.47	0.62	-0.22	0.63	0.6	0.45		0.35	0.62	0.62	-0.55	0.33
Cash And Equivalents	0.81	0.8	0.69	0.77	0.92	0.81	0.86	0.57	0.62	0.85	0.8	0.79	0.65	-0.26	0.21	0.51	0.84	0.68	0.51	0.67	0.18	0.35		0.77	0.82	-0.93	0.94
Net Invested Capital	0.96	0.88	0.97	0.77	0.85	0.97	0.89	0.76	0.94	0.81	1.0	0.95	0.95	-0.38	0.54	0.48	0.99	0.09	0.91	0.69	0.7	0.62	0.77		0.98	-0.78	0.65
Long Term Investments	0.96	0.9	0.93	0.79	0.87	0.96	0.91	0.78	0.89	0.84	0.99	0.93	0.9	-0.39	0.49	0.45	0.99	0.18	0.87	0.7	0.61	0.62	0.82	0.98		-0.82	0.68
Net Working Capital	-0.82	-0.81	-0.73	-0.78	-0.9	-0.81	-0.84	-0.72	-0.64	-0.82	-0.78	-0.79	-0.65	0.28	-0.28	-0.7	-0.84	-0.49	-0.52	-0.71	-0.27	-0.55	-0.93	-0.78	-0.82		-0.89
Capital Stock	0.72	0.72	0.6	0.73	0.88	0.71	0.78	0.52	0.53	0.79	0.68	0.71	0.56	-0.24	0.1	0.58	0.74	0.7	0.34	0.57	0.11	0.33	0.94	0.65	0.68	-0.89

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CVS Cash And Equivalents Historical Pattern

Today, most investors in CVS Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CVS Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CVS Health cash and equivalents as a starting point in their analysis.

CVS Health Cash And Equivalents

Timeline

Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Competition

Predict CVS Health

Cash And Equivalents Over Time

In accordance with the recently published financial statements, CVS Health Corp has 12.95 B in Cash And Equivalents. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The cash and equivalents for all United States stocks is significantly lower than that of the firm.

CVS Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CVS Health's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CVS Health could also be used in its relative valuation, which is a method of valuing CVS Health by comparing valuation metrics of similar companies.

CVS Health is currently under evaluation in cash and equivalents category among its peers.

CVS Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CVS Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CVS Health's managers, analysts, and investors.

Environmental

Governance

Social

CVS Fundamentals

	Return On Equity	0.067
	Return On Asset	0.0237
	Profit Margin	0.01 %
	Operating Margin	0.02 %
	Current Valuation	148.48 B
	Shares Outstanding	1.26 B
	Shares Owned By Insiders	0.11 %
	Shares Owned By Institutions	82.91 %
	Number Of Shares Shorted	21.85 M
	Price To Earning	42.99 X
	Price To Book	1.01 X
	Price To Sales	0.21 X
	Revenue	357.78 B
	Gross Profit	53.46 B
	EBITDA	13.74 B
	Net Income	8.34 B
	Cash And Equivalents	12.95 B
	Cash Per Share	15.21 X
	Total Debt	79.39 B
	Debt To Equity	1.00 %
	Current Ratio	0.94 X
	Book Value Per Share	59.57 X
	Cash Flow From Operations	13.43 B
	Short Ratio	1.65 X
	Earnings Per Share	3.94 X
	Price To Earnings To Growth	2.27 X
	Target Price	68.35
	Number Of Employees	219 K
	Beta	0.54
	Market Capitalization	75.45 B
	Total Asset	249.73 B
	Retained Earnings	61.6 B
	Working Capital	(11.33 B)
	Current Asset	30.38 B
	Current Liabilities	23.17 B
	Annual Yield	0.05 %
	Five Year Return	2.81 %
	Net Asset	249.73 B
	Last Dividend Paid	2.6

About CVS Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CVS Health Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CVS Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CVS Health Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.

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