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Capital Expenditures Coverage for CVS Health Corp

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CVS: CVS Health Corp

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The Health Care Benefits se...

68.64 USD
Price
USD
Fair Value
Upside
43.56 - 80.75
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on CVS Health Corp's Capital Expenditures Coverage:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.0x2.0x4.0x6.0x8.0x

Performance Summary
  • CVS Health's latest twelve months capital expenditures coverage is 3.3x
  • CVS Health's capital expenditures coverage for fiscal years ending December 2020 to 2024 averaged 5.5x.
  • CVS Health's operated at median capital expenditures coverage of 5.9x from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, CVS Health's capital expenditures coverage peaked in December 2021 at 7.2x.
  • CVS Health's capital expenditures coverage hit its 5-year low in December 2024 of 3.3x.
  • CVS Health's capital expenditures coverage decreased in 2022 (5.9x, -18.2%), 2023 (4.4x, -25.3%), and 2024 (3.3x, -26.1%) and increased in 2020 (6.5x, +24.5%) and 2021 (7.2x, +11.3%).

How does CVS Health Corp's Capital Expenditures Coverage benchmark against competitors?

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We've identified the following companies as similar to CVS Health Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Capital Expenditures Coverage

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capex_coverage
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number
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current
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FY, Q, LTM, YTD
Periods Supported
Free
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To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Capital Expenditures Coverage in the risk category include:

  • Cash Flow to Current Liabilities - A ratio that measures the amount of operating cash flow a firm generates on each dollar of current liabilities.
  • Degree of Operating Leverage (DOL) - The degree of operating leverage measures the sensitivity of a company's operating income with respect to a change in revenue.
  • Total Debt / EBITDA - A ratio that is calculated as Total Debt (including Capital Leases) divided by EBITDA.
  • Quick Ratio - A ratio used to assess a company's short-term liquidity.
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Capital Expenditures Coverage

The amount a company outlays for capital assets for each dollar of cash dollar it generates from those investments.

Definition of Capital Expenditures Coverage

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The amount a company outlays for capital assets for each dollar of cash dollar it generates from those investments.

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-3,630.3x-2,630.3x-1,630.3x265.6x0200400600

The chart above depicts the distribution of capital expenditures coverage for companies operating in the Healthcare sector in the Developed economic region. Over 1,975 companies were considered in this analysis, and 1,900 had meaningful values. The average capital expenditures coverage of companies in the sector is -172.1x with a standard deviation of 465.5x.

CVS Health Corp's Capital Expenditures Coverage of 3.3x ranks in the 75.8% percentile for the sector. The following table provides additional summary stats:

Capital Expenditures Coverage In The Healthcare Sector
Economic Risk RegionDeveloped
Total Constituents1,980
Included Constituents1,900
Min-3,607.5x
Max237.2x
Median-4.9x
Mean-172.1x
Standard Deviation465.5x

You can find companies with similar capital expenditures coverage using this stock screener.

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