CVS Health Average Assets vs Free Cash Flow Analysis

Average Assets vs Free Cash Flow

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets, derived from Total Assets.

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

Accounts Relationship

Average Assets vs Free Cash Flow

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of CVS Health Average Assets account and Free Cash Flow

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong