CVS Health Cash and Equivalents

CVS Health Corporation -- USA Stock  

USD 66.61  1.49  2.29%

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Cash and Equivalents Analysis

Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of 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.
CVS Health 
Cash 
 = 
Bank Deposits 
+  
Liquidities 
 = 
1.81 B

Distress Driver Correlations

Cash and Equivalents Over Time Pattern

 CVS Health Cash and Equivalents 
      Timeline 

About Cash and Equivalents

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 3 months).
Compare to competition

CVS Health Cash and Equivalents Assessment

Equivalents

CVS Health Equivalents Changes

Cash and Equivalents USD

Net Cash Flow or Change in Cash and Cash Equivalents

In accordance with recently published financial statements CVS Health Corporation has 1.81 B in Cash and Equivalents. This is 108.03% higher than that of the Healthcare sector, and significantly higher than that of Healthcare Services industry, The Cash and Equivalents for all stocks is 53.48% higher than the company.

Peer Comparison

CVS Health Cash and Equivalents Comparison
  Cash and Equivalents 
      CVS Health Comparables 
CVS Health is rated second in cash and equivalents category among related companies.

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