CVS Health financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. CVS Health financial risk is the risk to CVS Health stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Check also analysis of CVS Health Fundamentals Over Time.
The company has 62.89B in debt with debt to equity (D/E) ratio of 171.7 . This implies that the company may be unable to create cash to meet all of its financial commitments. CVS Health Corporation has Current Ratio of 2.39 demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.
CVS Health Accumulated Other Comprehensive Income Over Time
Correlation analysis and pair trading evaluation for CVS Health and Cigna. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return