CVS Historical Cash Flow
| CVS Stock | USD 67.71 0.26 0.39% |
Analysis of CVS Health cash flow over time is an excellent tool to project CVS Health Corp future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Stock Based Compensation of 617.4 M or Free Cash Flow of 10.9 B as it is a great indicator of CVS Health ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining CVS Health Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CVS Health Corp is a good buy for the upcoming year.
CVS |
About CVS Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in CVS balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which CVS's non-liquid assets can be easily converted into cash.
CVS Health Cash Flow Chart
CVS Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the CVS Health Corp Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, CVS Health's End Period Cash Flow is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 5.1 B in 2024, despite the fact that Change In Cash is likely to grow to (4.5 B). Add Fundamental
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by CVS Health Corp to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CVS Health operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most accounts from CVS Health's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into CVS Health Corp current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. At this time, CVS Health's End Period Cash Flow is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 5.1 B in 2024, despite the fact that Change In Cash is likely to grow to (4.5 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Free Cash Flow | 15.7B | 13.5B | 10.4B | 10.9B | Stock Based Compensation | 484M | 447M | 588M | 617.4M |
CVS Health cash flow statement Correlations
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CVS Health Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CVS Health cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Sale Purchase Of Stock | 185M | 257M | 549M | (3.5B) | (2.0B) | (2.1B) | |
| Change To Inventory | (1.1B) | (973M) | 735M | (1.4B) | 1.2B | 1.3B | |
| Change In Cash | 1.7B | 2.2B | 1.6B | 614M | (4.8B) | (4.5B) | |
| Stock Based Compensation | 453M | 400M | 484M | 447M | 588M | 617.4M | |
| Free Cash Flow | 10.4B | 13.4B | 15.7B | 13.5B | 10.4B | 10.9B | |
| Change In Working Capital | 1.5B | 3.2B | 3.9B | 7.0B | 15M | 14.3M | |
| Begin Period Cash Flow | 4.3B | 6.0B | 11.0B | 12.7B | 13.3B | 14.0B | |
| Other Cashflows From Financing Activities | 3.8B | 10.1B | 1.5B | (449M) | (382M) | (362.9M) | |
| Depreciation | 4.4B | 4.4B | 4.5B | 4.2B | 4.4B | 4.6B | |
| Other Non Cash Items | 548M | 1.2B | 1.9B | 2.4B | 765M | 606.8M | |
| Dividends Paid | 2.6B | 2.6B | 2.6B | 2.9B | (3.1B) | (3.0B) | |
| Capital Expenditures | 2.5B | 2.4B | 2.5B | 2.7B | 3.0B | 1.6B | |
| Total Cash From Operating Activities | 12.8B | 15.9B | 18.3B | 16.2B | 13.4B | 14.1B | |
| Net Income | 6.6B | 7.2B | 7.9B | 4.2B | 8.4B | 8.8B | |
| Total Cash From Financing Activities | (7.9B) | (8.2B) | (11.4B) | (10.5B) | 2.7B | 2.8B | |
| End Period Cash Flow | 6.0B | 8.1B | 12.7B | 13.3B | 8.5B | 9.0B | |
| Change To Account Receivables | (2.2B) | (1.5B) | (2.7B) | (3.0B) | (6.3B) | (5.9B) | |
| Other Cashflows From Investing Activities | (397M) | 75M | (24M) | (1.3B) | (1.2B) | (1.2B) | |
| Change To Liabilities | 3.6B | 5.3B | 5.9B | 4.3B | 4.9B | 5.1B | |
| Investments | (485M) | (3.2B) | (2.7B) | (1.0B) | (19.8B) | (18.8B) | |
| Change Receivables | 2.2B | (1.5B) | (2.7B) | 3.0B | 3.4B | 3.6B | |
| Net Borrowings | (5.3B) | (5.7B) | (9.3B) | (4.2B) | (3.8B) | (3.6B) | |
| Total Cashflows From Investing Activities | (3.3B) | (5.5B) | (5.3B) | (5.0B) | (4.5B) | (4.8B) | |
| Cash And Cash Equivalents Changes | 1.7B | 2.2B | 1.6B | 614M | 706.1M | 694.6M | |
| Cash Flows Other Operating | 12.8B | 364M | 1.4B | 16.2B | 18.6B | 19.5B | |
| Change To Netincome | 453M | 1.1B | 549M | 2.5B | 2.9B | 3.1B | |
| Change To Operating Activities | 1.2B | 2.9B | 3.0B | 7.1B | 8.2B | 8.6B |
CVS Health Investors Sentiment
The influence of CVS Health's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CVS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CVS Health's public news can be used to forecast risks associated with an investment in CVS. The trend in average sentiment can be used to explain how an investor holding CVS can time the market purely based on public headlines and social activities around CVS Health Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CVS Health's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CVS Health's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CVS Health's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CVS Health.
CVS Health Implied Volatility | 82.99 |
CVS Health's implied volatility exposes the market's sentiment of CVS Health Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that CVS Health stock will not fluctuate a lot when CVS Health's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVS Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVS Health's short interest history, or implied volatility extrapolated from CVS Health options trading.
Pair Trading with CVS Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS Health will appreciate offsetting losses from the drop in the long position's value.Moving together with CVS Stock
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Moving against CVS Stock
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The ability to find closely correlated positions to CVS Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS Health Corp to buy it.
The correlation of CVS Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS Health Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary 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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Is CVS Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Health. If investors know CVS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 2.42 | Earnings Share 6.47 | Revenue Per Share 277.528 | Quarterly Revenue Growth 0.12 |
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Health's market value can be influenced by many factors that don't directly affect CVS Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.