CVS Health Probability Of Bankruptcy

CVS Health Corporation -- USA Stock  

USD 74.1  1.47  2.02%

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Probability Of Bankruptcy Analysis

For stocks, Probability Of Bankruptcy is normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict probability of a firm or a fund experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
CVS Health 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
34 %

Distress Driver Correlations

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with actual chance of a company to file for chapter 7, 11, 12 or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns including short term and long term historical volatility. Other factors taken into account include analysis of liquidity, revenues patterns, R&D expenses and commitments, as well as public headlines and social sentiment.
Compare to competition

Income

CVS Health Income Change Over Time

Accumulated Other Comprehensive Income

Based on latest financial disclosure CVS Health Corporation has Probability Of Bankruptcy of 34.0%. This is 24.36% lower than that of the Healthcare sector, and significantly higher than that of Healthcare Services industry, The Probability Of Bankruptcy for all stocks is 11.71% higher than the company.

Peer Comparison

CVS Health Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
      CVS Health Comparables 
CVS Health is currently under evaluation in probability of bankruptcy category among related companies.

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