# CVS Health Z Score

CVS -- USA Stock

## USD 70.090.680.96%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check also CVS Health Piotroski F Score and CVS Health Valuation analysis.
 Symbol

## Z Score Analysis

Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in late 1960s at New York University..
CVS Health
 Z Score = Sum Of 5 Factors
=
1.6
 First Factor = 1.2 * ( Working Capital / Total Assets )
 Second Factor = 1.4 * ( Retained Earnings / Total Assets )
 Thrid Factor = 3.3 * ( EBITAD / Total Assets )
 Fouth Factor = 0.6 * ( Market Value of Equity / Total Liabilities )
 Fifth Factor = 0.99 * ( Revenue / Total Assets )

## Distress Driver Correlations

To calculate Z-Score one would need to know current working capital of the company, its total assets and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1 indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
 Compare to competition Predict CVS Health

## Income

CVS Health Income Change Over Time

#### Accumulated Other Comprehensive Income

CVS Health Corporation has Z Score of 1.6. This is 34.45% higher than that of the Healthcare sector, and significantly higher than that of Healthcare Services industry, The Z Score for all stocks is 99.77% higher than the company.

## Peer Comparison

CVS Health Z Score Comparison
 Z Score
 CVS Health Comparables
CVS Health is rated below average in z score category among related companies.

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## Fundamental Indicators

Current CVS Health financial ratios
 Return On Equity 18.39 % Return On Asset 5.55 % Profit Margin 3.59 % Operating Margin 6.79 % Current Valuation 90.08 B Shares Outstanding 1.02 B Shares Owned by Insiders 0.18 % Shares Owned by Institutions 85.82 % Number of Shares Shorted 45.68 M Price to Earning 10.62 times Price to Book 1.84 times Price to Sales 0.37 times Revenue 185.94 B Gross Profit 28.55 B EBITDA 12.62 B Net Income 6.65 B Cash and Equivalents 42.14 B Cash per Share 41.45 times Total Debt 65.09 B Debt to Equity 168.30 % Current Ratio 2.37 times Book Value Per Share 37.17 times Cash Flow from Operations 5.05 B Short Ratio 4.22 times Earnings Per Share 6.44 times Price to Earnings To Growth 0.82 times Number of Employees 160 K Beta 0.85 Market Capitalization 69.55 B Total Asset 93.66 B Retained Earnings 38.98 B Working Capital 7.21 B Current Asset 30.38 B Current Liabilities 23.17 B Z Score 1.6 Five Year Return 1.76 % Last Dividend Paid 2.0