CVS Begin Period Cash Flow vs Free Cash Flow Analysis

CVS Stock

USD 55.15 0.92 1.64%

CVS Health financial indicator trend analysis is way more than just evaluating CVS Health Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVS Health Corp is a good investment. Please check the relationship between CVS Health Begin Period Cash Flow and its Free Cash Flow accounts. 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 closely tied with the direction of predictive economic indicators such as signals in real.

Begin Period Cash Flow vs Free Cash Flow

Begin Period Cash Flow vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CVS Health Corp Begin Period Cash Flow account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between CVS Health's Begin Period Cash Flow and Free Cash Flow is 0.79. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of CVS Health Corp, assuming nothing else is changed. The correlation between historical values of CVS Health's Begin Period Cash Flow and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of CVS Health Corp are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Begin Period Cash Flow i.e., CVS Health's Begin Period Cash Flow and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from CVS Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 closely tied with the direction of predictive economic indicators such as signals in real.

At this time, CVS Health's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 91.1 B in 2024, whereas Discontinued Operations is likely to drop (10.9 M) in 2024.

	2021	2022	2023	2024 (projected)
Operating Income	13.3B	8.0B	13.7B	14.4B
Other Operating Expenses	278.8B	314.5B	601.0B	631.0B

Operating Income Other Operating Expenses

CVS Health fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will
Total Assets		0.98	0.78	0.98	0.97	0.94	0.97	0.91	0.87	1.0	0.94	0.93	0.94	0.44	0.98	0.88	0.9	-0.93	1.0	0.77	0.98	0.83	0.95	0.94	0.96	0.99
Short Long Term Debt Total	0.98		0.67	0.93	0.91	0.92	1.0	0.85	0.81	0.99	0.9	0.88	0.87	0.36	1.0	0.84	0.94	-0.96	0.99	0.74	0.93	0.84	0.97	0.87	0.97	0.98
Other Current Liab	0.78	0.67		0.88	0.8	0.79	0.64	0.83	0.85	0.75	0.86	0.85	0.89	0.3	0.66	0.68	0.53	-0.71	0.76	0.7	0.86	0.68	0.56	0.87	0.7	0.75
Total Current Liabilities	0.98	0.93	0.88		0.95	0.93	0.91	0.94	0.9	0.97	0.94	0.94	0.98	0.37	0.93	0.86	0.81	-0.93	0.97	0.8	0.99	0.83	0.87	0.97	0.93	0.97
Total Stockholder Equity	0.97	0.91	0.8	0.95		0.92	0.89	0.94	0.87	0.96	0.92	0.9	0.93	0.61	0.91	0.92	0.83	-0.82	0.94	0.75	0.97	0.78	0.9	0.94	0.89	0.96
Property Plant And Equipment Net	0.94	0.92	0.79	0.93	0.92		0.9	0.85	0.89	0.94	0.92	0.92	0.88	0.5	0.9	0.81	0.85	-0.85	0.93	0.76	0.93	0.88	0.83	0.89	0.9	0.9
Net Debt	0.97	1.0	0.64	0.91	0.89	0.9		0.83	0.76	0.98	0.88	0.84	0.85	0.35	0.99	0.83	0.94	-0.95	0.98	0.74	0.91	0.84	0.98	0.84	0.96	0.97
Retained Earnings	0.91	0.85	0.83	0.94	0.94	0.85	0.83		0.82	0.89	0.83	0.85	0.95	0.5	0.83	0.96	0.7	-0.8	0.89	0.74	0.96	0.8	0.82	0.99	0.78	0.92
Cash	0.87	0.81	0.85	0.9	0.87	0.89	0.76	0.82		0.85	0.9	0.99	0.85	0.44	0.81	0.76	0.74	-0.82	0.86	0.56	0.91	0.67	0.72	0.88	0.85	0.83
Non Current Assets Total	1.0	0.99	0.75	0.97	0.96	0.94	0.98	0.89	0.85		0.94	0.91	0.92	0.43	0.99	0.87	0.92	-0.94	1.0	0.76	0.96	0.83	0.96	0.91	0.97	0.99
Non Currrent Assets Other	0.94	0.9	0.86	0.94	0.92	0.92	0.88	0.83	0.9	0.94		0.95	0.88	0.4	0.9	0.77	0.88	-0.89	0.93	0.67	0.93	0.82	0.84	0.87	0.93	0.91
Cash And Short Term Investments	0.93	0.88	0.85	0.94	0.9	0.92	0.84	0.85	0.99	0.91	0.95		0.89	0.41	0.88	0.78	0.81	-0.88	0.92	0.63	0.94	0.73	0.8	0.9	0.92	0.89
Net Receivables	0.94	0.87	0.89	0.98	0.93	0.88	0.85	0.95	0.85	0.92	0.88	0.89		0.35	0.87	0.84	0.71	-0.87	0.93	0.84	0.98	0.75	0.82	0.97	0.87	0.94
Common Stock Shares Outstanding	0.44	0.36	0.3	0.37	0.61	0.5	0.35	0.5	0.44	0.43	0.4	0.41	0.35		0.37	0.63	0.39	-0.15	0.38	0.24	0.46	0.36	0.41	0.46	0.3	0.43
Non Current Liabilities Total	0.98	1.0	0.66	0.93	0.91	0.9	0.99	0.83	0.81	0.99	0.9	0.88	0.87	0.37		0.83	0.95	-0.95	0.99	0.72	0.92	0.8	0.98	0.86	0.97	0.98
Inventory	0.88	0.84	0.68	0.86	0.92	0.81	0.83	0.96	0.76	0.87	0.77	0.78	0.84	0.63	0.83		0.74	-0.74	0.86	0.62	0.91	0.77	0.85	0.92	0.74	0.89
Other Current Assets	0.9	0.94	0.53	0.81	0.83	0.85	0.94	0.7	0.74	0.92	0.88	0.81	0.71	0.39	0.95	0.74		-0.88	0.91	0.54	0.81	0.81	0.94	0.72	0.93	0.88
Other Stockholder Equity	-0.93	-0.96	-0.71	-0.93	-0.82	-0.85	-0.95	-0.8	-0.82	-0.94	-0.89	-0.88	-0.87	-0.15	-0.95	-0.74	-0.88		-0.96	-0.68	-0.9	-0.79	-0.9	-0.85	-0.96	-0.93
Total Liab	1.0	0.99	0.76	0.97	0.94	0.93	0.98	0.89	0.86	1.0	0.93	0.92	0.93	0.38	0.99	0.86	0.91	-0.96		0.77	0.97	0.83	0.95	0.92	0.97	0.99
Property Plant And Equipment Gross	0.77	0.74	0.7	0.8	0.75	0.76	0.74	0.74	0.56	0.76	0.67	0.63	0.84	0.24	0.72	0.62	0.54	-0.68	0.77		0.77	0.68	0.67	0.75	0.7	0.78
Total Current Assets	0.98	0.93	0.86	0.99	0.97	0.93	0.91	0.96	0.91	0.96	0.93	0.94	0.98	0.46	0.92	0.91	0.81	-0.9	0.97	0.77		0.8	0.88	0.98	0.91	0.97
Short Term Debt	0.83	0.84	0.68	0.83	0.78	0.88	0.84	0.8	0.67	0.83	0.82	0.73	0.75	0.36	0.8	0.77	0.81	-0.79	0.83	0.68	0.8		0.76	0.78	0.76	0.8
Intangible Assets	0.95	0.97	0.56	0.87	0.9	0.83	0.98	0.82	0.72	0.96	0.84	0.8	0.82	0.41	0.98	0.85	0.94	-0.9	0.95	0.67	0.88	0.76		0.82	0.93	0.96
Accounts Payable	0.94	0.87	0.87	0.97	0.94	0.89	0.84	0.99	0.88	0.91	0.87	0.9	0.97	0.46	0.86	0.92	0.72	-0.85	0.92	0.75	0.98	0.78	0.82		0.83	0.93
Common Stock	0.96	0.97	0.7	0.93	0.89	0.9	0.96	0.78	0.85	0.97	0.93	0.92	0.87	0.3	0.97	0.74	0.93	-0.96	0.97	0.7	0.91	0.76	0.93	0.83		0.95
Good Will	0.99	0.98	0.75	0.97	0.96	0.9	0.97	0.92	0.83	0.99	0.91	0.89	0.94	0.43	0.98	0.89	0.88	-0.93	0.99	0.78	0.97	0.8	0.96	0.93	0.95

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CVS Health Account Relationship Matchups

CVS Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	222.4B	230.7B	233.0B	228.3B	249.7B	262.2B
Short Long Term Debt Total	89.0B	85.0B	76.0B	70.7B	79.4B	83.4B
Other Current Liab	4.8B	43.8B	49.4B	51.1B	59.6B	62.6B
Total Current Liabilities	53.3B	62.0B	67.8B	69.4B	79.2B	83.1B
Total Stockholder Equity	63.9B	69.4B	75.1B	71.5B	76.5B	80.3B
Property Plant And Equipment Net	32.9B	33.3B	32.0B	30.7B	30.4B	32.0B
Net Debt	83.3B	77.2B	66.6B	57.8B	71.2B	74.7B
Retained Earnings	45.1B	49.6B	54.9B	56.4B	61.6B	64.7B
Cash	5.7B	7.9B	9.4B	12.9B	8.2B	8.6B
Non Current Assets Total	172.1B	174.3B	173.0B	162.6B	181.9B	191.0B
Non Currrent Assets Other	4.6B	9.5B	9.8B	7.8B	7.9B	8.3B
Cash And Short Term Investments	8.1B	10.9B	12.5B	15.7B	11.5B	12.0B
Net Receivables	19.6B	21.7B	24.4B	27.3B	35.2B	37.0B
Common Stock Shares Outstanding	1.3B	1.3B	1.3B	1.3B	1.3B	984.2M
Liabilities And Stockholders Equity	222.4B	230.7B	233.0B	228.3B	249.7B	262.2B
Non Current Liabilities Total	105.0B	99.0B	89.8B	87.1B	93.9B	98.6B
Inventory	17.5B	18.5B	17.8B	19.1B	18.0B	18.9B
Other Current Assets	5.1B	5.3B	5.3B	3.5B	3.2B	3.3B
Other Stockholder Equity	(28.2B)	(28.2B)	(28.2B)	(31.9B)	(33.8B)	(32.1B)
Total Liab	158.3B	161.0B	157.6B	156.5B	173.1B	181.7B
Property Plant And Equipment Gross	32.9B	33.3B	12.9B	12.9B	51.1B	53.7B
Total Current Assets	50.3B	56.4B	60.0B	65.6B	67.9B	71.3B
Accumulated Other Comprehensive Income	1.0B	1.4B	965M	(1.3B)	(297M)	(311.9M)
Short Term Debt	5.4B	7.1B	5.9B	3.5B	4.7B	4.9B
Intangible Assets	33.1B	31.1B	29.0B	24.8B	29.2B	30.7B
Accounts Payable	10.5B	11.1B	12.5B	14.8B	14.9B	15.6B
Common Stock	46.0B	46.5B	47.4B	48.2B	49.0B	51.4B
Good Will	79.7B	79.6B	79.1B	78.2B	91.3B	95.8B
Common Stock Total Equity	46.0B	46.5B	47.4B	48.2B	55.4B	58.2B
Other Liab	21.4B	21.0B	19.7B	19.9B	22.9B	24.1B
Other Assets	9.1B	51.0B	9.8B	7.6B	8.7B	4.8B
Long Term Debt	64.7B	59.2B	52.0B	50.5B	58.6B	61.6B
Treasury Stock	(28.2B)	(28.2B)	(28.2B)	(31.9B)	(28.7B)	(27.2B)
Property Plant Equipment	32.9B	12.6B	12.9B	12.9B	14.8B	9.5B
Current Deferred Revenue	32.6B	38.0B	43.8B	3.9B	57.1B	60.0B
Short Term Investments	2.4B	3B	3.1B	2.8B	3.3B	3.4B
Net Tangible Assets	(49.0B)	(41.3B)	(33.1B)	71.0B	63.9B	67.1B
Noncontrolling Interest In Consolidated Entity	318M	306M	312M	300M	345M	362.3M
Retained Earnings Total Equity	45.1B	49.6B	54.9B	56.1B	64.6B	39.9B
Long Term Debt Total	64.7B	59.2B	52.0B	50.5B	58.0B	34.0B

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