CVS Corp Historical Balance Sheet

CVS
 Stock
  

USD 106.39  2.14  2.05%   

Trend analysis of CVS Corp balance sheet accounts such as Receivables of 26.4 B, Accounts Payable of 13.5 B or Accumulated Other Comprehensive Income of 1 B provides information on CVS Corp's total assets, liabilities, and equity, which is the actual value of CVS Corp to its prevalent stockholders. By breaking down trends over time using CVS Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year. Financial Statement Analysis is much more than just reviewing and breaking down CVS Corp prevalent 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 Corp is a good buy for the upcoming year.
Continue to Trending Equities.
  

About CVS Corp Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CVS Corp at a specified time, usually calculated after every quarter, six months, or one year. CVS Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CVS Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CVS Corp currently owns. An asset can also be divided into two categories, current and non-current.

CVS Corp Balance Sheet Chart

CVS Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how CVS Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
CVS Corp Trade and Non Trade Payables is relatively stable at the moment as compared to the past year. CVS Corp reported last year Trade and Non Trade Payables of 12.54 Billion

Total Assets

Total assets refers to the total amount of CVS Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CVS Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of CVS Corp include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of CVS Corp. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

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.

Total Liabilities

Deferred Income Tax is recorded on CVS Corp balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on CVS Corp books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from CVS Corp balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CVS Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.CVS Corp Trade and Non Trade Payables is relatively stable at the moment as compared to the past year. CVS Corp reported last year Trade and Non Trade Payables of 12.54 Billion
 2019 2020 2021 2022 (projected)
Receivables19.62 B21.74 B24.43 B26.36 B
Inventories17.52 B18.5 B17.76 B15.27 B

CVS Corp balance sheet Correlations

0.880.880.90.920.890.70.920.870.910.580.80.90.980.790.80.810.920.930.90.330.80.940.770.76
0.880.990.930.970.920.930.90.850.890.810.920.90.950.940.940.930.930.970.890.330.860.980.760.79
0.880.990.890.950.870.90.860.870.840.790.870.850.950.890.880.870.880.950.830.390.830.960.80.7
0.90.930.890.981.00.860.990.840.990.720.970.990.920.960.970.981.00.980.990.140.910.960.620.92
0.920.970.950.980.970.910.960.870.950.780.960.950.950.950.950.960.981.00.950.270.911.00.730.85
0.890.920.871.00.970.840.990.830.990.70.970.990.90.960.970.981.00.970.990.110.90.950.590.94
0.70.930.90.860.910.840.790.750.780.910.910.780.790.920.910.910.830.890.780.330.860.890.630.71
0.920.90.860.990.960.990.790.831.00.630.930.990.920.920.930.941.00.951.00.150.880.940.620.93
0.870.850.870.840.870.830.750.830.80.740.820.780.880.790.780.80.840.910.790.130.90.880.590.6
0.910.890.840.990.950.990.781.00.80.610.930.990.910.920.930.940.990.941.00.140.870.930.610.95
0.580.810.790.720.780.70.910.630.740.610.820.630.670.820.810.810.690.80.610.230.780.770.450.52
0.80.920.870.970.960.970.910.930.820.930.820.930.840.990.981.00.960.960.930.080.920.930.530.88
0.90.90.850.990.950.990.780.990.780.990.630.930.910.930.950.950.990.940.990.110.840.930.60.95
0.980.950.950.920.950.90.790.920.880.910.670.840.910.850.860.850.930.950.90.370.820.970.790.77
0.790.940.890.960.950.960.920.920.790.920.820.990.930.851.01.00.950.950.930.10.890.930.540.89
0.80.940.880.970.950.970.910.930.780.930.810.980.950.861.01.00.960.950.940.10.870.930.550.9
0.810.930.870.980.960.980.910.940.80.940.811.00.950.851.01.00.960.960.940.090.90.930.540.9
0.920.930.881.00.981.00.831.00.840.990.690.960.990.930.950.960.960.970.990.160.90.960.640.93
0.930.970.950.981.00.970.890.950.910.940.80.960.940.950.950.950.960.970.940.230.920.990.70.83
0.90.890.830.990.950.990.781.00.791.00.610.930.990.90.930.940.940.990.940.120.860.930.590.96
0.330.330.390.140.270.110.330.150.130.140.230.080.110.370.10.10.090.160.230.120.170.310.60.07
0.80.860.830.910.910.90.860.880.90.870.780.920.840.820.890.870.90.90.920.860.170.880.510.75
0.940.980.960.961.00.950.890.940.880.930.770.930.930.970.930.930.930.960.990.930.310.880.770.82
0.770.760.80.620.730.590.630.620.590.610.450.530.60.790.540.550.540.640.70.590.60.510.770.48
0.760.790.70.920.850.940.710.930.60.950.520.880.950.770.890.90.90.930.830.960.070.750.820.48
Click cells to compare fundamentals

CVS Corp Account Relationship Matchups

CVS Corp balance sheet Accounts

201720182019202020212022 (projected)
Inventories15.3 B16.45 B17.52 B18.5 B17.76 B15.27 B
Receivables13.18 B17.63 B19.62 B21.74 B24.43 B26.36 B
Accounts Payable8.86 B8.93 B10.49 B11.14 B12.54 B13.53 B
Accumulated Other Comprehensive Income(165 M)102 M1.02 B1.41 B965 M1.04 B
Total Assets95.13 B196.46 B222.45 B230.72 B233 B198.48 B
Current Assets31.23 B45.24 B50.3 B56.37 B60.01 B52.29 B
Assets Non Current63.9 B151.21 B172.15 B174.35 B172.99 B146.19 B
Cash and Equivalents1.7 B4.06 B5.68 B7.85 B9.41 B10.15 B
Cash and Equivalents USD1.7 B4.06 B5.68 B7.85 B9.41 B10.15 B
Total Debt27 B73.43 B89 B85.04 B76 B63.77 B
Debt Current4.82 B1.99 B5.38 B7.08 B5.85 B4.74 B
Debt Non Current22.18 B71.44 B83.62 B77.96 B70.15 B59.03 B
Total Debt USD27 B73.43 B89 B85.04 B76 B63.77 B
Shareholders Equity37.69 B58.23 B63.86 B69.39 B75.08 B67.4 B
Shareholders Equity USD37.69 B58.23 B63.86 B69.39 B75.08 B67.4 B
Goodwill and Intangible Assets52.08 B115.2 B112.87 B110.69 B108.15 B96.35 B
Inventory15.3 B16.45 B17.52 B18.5 B17.76 B17.68 B
Investments223 M18.25 B19.69 B23.81 B26.14 B28.21 B
Investments Current111 M2.52 B2.37 B3 B3.12 B3.36 B
Total Liabilities57.44 B137.91 B158.28 B161.01 B157.62 B130.85 B
Current Liabilities30.65 B44.01 B53.3 B62.02 B67.81 B55.04 B
Liabilities Non Current26.79 B93.9 B104.98 B99 B89.81 B75.81 B
Trade and Non Trade Payables8.86 B8.93 B10.49 B11.14 B12.54 B13.1 B
Property Plant and Equipment Net10.29 B11.35 B32.9 B33.34 B32.02 B26.04 B
Trade and Non Trade Receivables13.18 B17.63 B19.62 B21.74 B24.43 B20.84 B
Accumulated Retained Earnings Deficit43.56 B40.91 B45.11 B49.64 B54.91 B50.79 B
Tax Liabilities3 B7.68 B7.29 B6.79 B6.27 B6.2 B

Be your own money manager

Our tools can tell you how much better you can do entering a position in CVS Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Balance Of Power Now

   

Balance Of Power

Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
All  Next Launch Module

Pair Trading with CVS Corp

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 Corp 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 Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with CVS Corp

0.68AAgilent Technologies Earnings Call  This WeekPairCorr

Moving against CVS Corp

0.68MPLNMultiplan Corp Downward RallyPairCorr
The ability to find closely correlated positions to CVS Corp 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 Corp 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 Corp - 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 Corp to buy it.
The correlation of CVS Corp is a statistical measure of how it moves in relation to other equities. 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 Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS 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 Corp 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the CVS Corp information on this page should be used as a complementary analysis to other CVS Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for CVS Corp Stock analysis

When running CVS Corp price analysis, check to measure CVS Corp'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 Corp is operating at the current time. Most of CVS Corp's value examination focuses on studying past and present price action to predict the probability of CVS Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CVS Corp's price. Additionally, you may evaluate how the addition of CVS Corp to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Is CVS Corp'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 Corp. If investors know CVS Corp 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 Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CVS Corp is measured differently than its book value, which is the value of CVS Corp that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Corp's value that differs from its market value or its book value, called intrinsic value, which is CVS Corp'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 Corp's market value can be influenced by many factors that don't directly affect CVS Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CVS Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Corp'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.