CVS Health Invested Capital Average vs Net Income Per Employee Analysis

CVS -- USA Stock  

USD 72.18  1.10  1.55%

CVS Health financial indicator trend analysis is way more than just evaluating CVS Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVS Health is a good investment. Please check the relationship between CVS Health Invested Capital Average and its Net Income Per Employee accounts. Check also Trending Equities.

Invested Capital Average vs Net Income Per Employee

Accounts Relationship

Invested Capital Average vs Net Income Per Employee

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of CVS Health Invested Capital Average account and Net Income Per Employee

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital, and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital, and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Net Income Per Employee

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