CVS Health Tax Efficiency Trend

CVS -- USA Stock  

USD 68.63  0.64  0.94%

This module enables investors to look at CVS Health various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Consolidated Income of 5.6 B, Cost of Revenue of 145 B or Earning Before Interest and Taxes EBIT of 10.1 B, but also many exotic indicators such as Interest Coverage of 11.0805, Long Term Debt to Equity of 0.7377 or Calculated Tax Rate of 40.8966. This module is a perfect complement to use when analyzing CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Check also analysis of CVS Health Correlation with competitors.
Showing smoothed Tax Efficiency of CVS Health Corporation with missing and latest data points interpolated. Tax Efficiency is a component of DuPont return on equity analysis calculated by dividing Net Income by Earnings before Tax. This will be 1 when a company does not pay income tax.
Tax Efficiency10 Years Trend
Increasing
Slightly volatile
 Tax Efficiency 
      Timeline 

Regression Statistics

Arithmetic Mean  0.62
Geometric Mean  0.62
Coefficient Of Variation  4.96
Mean Deviation  0.016745
Median  0.61
Standard Deviation  0.030571
Sample Variance  0.00093461
Range  0.12
R Value  0.47
Mean Square Error  0.00079378
R Squared  0.22
Significance  0.10
Slope  0.003694
Total Sum of Squares  0.011215

CVS Health Tax Efficiency Over Time

2016-12-31  0.61 
2017-12-31  0.61 
2018-12-31  0.71 

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CVS Health Upcoming Company Events

Upcoming Quarterly ReportMay 2, 2017
Next Earnings ReportAugust 1, 2017
Check also analysis of CVS Health Correlation with competitors. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.