Current Ratio
since 2005
Calculation
CVS Health Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 0.86 | = | 67,858) | ÷ | 79,189) |
| Dec 31, 2022 | 0.94 | = | 65,682) | ÷ | 69,736) |
| Dec 31, 2021 | 0.88 | = | 60,008) | ÷ | 67,807) |
| Dec 31, 2020 | 0.91 | = | 56,369) | ÷ | 62,017) |
| Dec 31, 2019 | 0.94 | = | 50,302) | ÷ | 53,303) |
| Dec 31, 2018 | 1.03 | = | 45,243) | ÷ | 44,009) |
| Dec 31, 2017 | 1.02 | = | 31,229) | ÷ | 30,648) |
| Dec 31, 2016 | 1.18 | = | 31,042) | ÷ | 26,250) |
| Dec 31, 2015 | 1.31 | = | 30,378) | ÷ | 23,169) |
| Dec 31, 2014 | 1.37 | = | 25,983) | ÷ | 19,027) |
| Dec 31, 2013 | 1.64 | = | 25,325) | ÷ | 15,425) |
| Dec 31, 2012 | 1.44 | = | 19,852) | ÷ | 13,790) |
| Dec 31, 2011 | 1.56 | = | 18,594) | ÷ | 11,956) |
| Dec 31, 2010 | 1.60 | = | 17,706) | ÷ | 11,070) |
| Dec 31, 2009 | 1.43 | = | 17,537) | ÷ | 12,300) |
| Dec 31, 2008 | 1.23 | = | 16,526) | ÷ | 13,490) |
| Dec 29, 2007 | 1.31 | = | 14,149) | ÷ | 10,766) |
| Dec 30, 2006 | 1.48 | = | 10,392) | ÷ | 7,001) |
| Dec 31, 2005 | 1.83 | = | 8,393) | ÷ | 4,584) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
CVS Health Corp., current ratio, long-term trends, comparison to competitors
| CVS Health Corp. | Abbott Laboratories | Cigna Group | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 0.86 | 1.64 | 0.77 | 1.44 | 1.59 | 4.76 | 2.39 | 0.79 |
| Dec 31, 2022 | 0.94 | 1.63 | 0.73 | 1.40 | 1.52 | 4.40 | 1.86 | 0.77 |
| Dec 31, 2021 | 0.88 | 1.85 | 0.83 | 1.47 | 1.62 | 5.08 | 2.65 | 0.79 |
| Dec 31, 2020 | 0.91 | 1.72 | 0.77 | 1.55 | 1.77 | 6.86 | 2.13 | 0.74 |
| Dec 31, 2019 | 0.94 | 1.44 | 0.74 | 1.65 | 1.82 | 4.53 | 2.59 | 0.69 |
| Dec 31, 2018 | 1.03 | 1.62 | 0.64 | 1.56 | 1.68 | 5.28 | 2.28 | 0.73 |
| Dec 31, 2017 | 1.02 | 2.26 | 0.85 | 1.55 | 1.85 | 3.99 | 1.75 | 0.73 |
| Dec 31, 2016 | 1.18 | 4.02 | — | 1.61 | 2.07 | 5.45 | 3.29 | 0.69 |
| Dec 31, 2015 | 1.31 | 1.54 | — | 1.62 | 1.93 | 4.46 | 3.36 | 0.74 |
| Dec 31, 2014 | 1.37 | 1.45 | — | 1.72 | 2.00 | 3.69 | 3.82 | 0.77 |
| Dec 31, 2013 | 1.64 | 2.02 | — | 1.82 | 1.95 | 5.07 | 4.57 | 0.73 |
| Dec 31, 2012 | 1.44 | 2.36 | — | 1.78 | 1.84 | 4.71 | 1.62 | 0.78 |
| Dec 31, 2011 | 1.56 | 1.54 | — | 1.71 | 1.85 | 4.57 | 1.93 | 0.85 |
| Dec 31, 2010 | 1.60 | 1.29 | — | 1.87 | 1.76 | 4.66 | 1.92 | 0.78 |
| Dec 31, 2009 | 1.43 | 1.79 | — | 1.91 | 1.76 | 4.18 | 2.37 | 0.82 |
| Dec 31, 2008 | 1.23 | 1.47 | — | 0.81 | 1.62 | 4.28 | 2.07 | 0.76 |
| Dec 29, 2007 | 1.31 | 1.54 | — | 0.91 | 1.51 | 4.63 | 3.09 | 0.84 |
| Dec 30, 2006 | 1.48 | 0.94 | — | 0.77 | 1.41 | 4.64 | 2.36 | 0.87 |
| Dec 31, 2005 | 1.83 | 1.54 | — | 1.75 | 1.31 | 3.60 | 2.20 | 0.64 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
CVS Health Corp., current ratio, long-term trends, comparison to sector (health care equipment & services)
| CVS Health Corp. | Health Care Equipment & Services | |
|---|---|---|
| Dec 31, 2023 | 0.86 | 1.04 |
| Dec 31, 2022 | 0.94 | 1.05 |
| Dec 31, 2021 | 0.88 | 1.09 |
| Dec 31, 2020 | 0.91 | 1.08 |
| Dec 31, 2019 | 0.94 | 1.07 |
| Dec 31, 2018 | 1.03 | 1.09 |
| Dec 31, 2017 | 1.02 | 1.20 |
| Dec 31, 2016 | 1.18 | 1.42 |
| Dec 31, 2015 | 1.31 | 1.39 |
| Dec 31, 2014 | 1.37 | 1.46 |
| Dec 31, 2013 | 1.64 | 1.59 |
| Dec 31, 2012 | 1.44 | 1.50 |
| Dec 31, 2011 | 1.56 | 1.43 |
| Dec 31, 2010 | 1.60 | 1.37 |
| Dec 31, 2009 | 1.43 | 1.48 |
| Dec 31, 2008 | 1.23 | 1.12 |
| Dec 29, 2007 | 1.31 | 1.21 |
| Dec 30, 2006 | 1.48 | 1.08 |
| Dec 31, 2005 | 1.83 | 1.36 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
CVS Health Corp., current ratio, long-term trends, comparison to industry (health care)
| CVS Health Corp. | Health Care | |
|---|---|---|
| Dec 31, 2023 | 0.86 | 1.13 |
| Dec 31, 2022 | 0.94 | 1.15 |
| Dec 31, 2021 | 0.88 | 1.20 |
| Dec 31, 2020 | 0.91 | 1.20 |
| Dec 31, 2019 | 0.94 | 1.33 |
| Dec 31, 2018 | 1.03 | 1.38 |
| Dec 31, 2017 | 1.02 | 1.47 |
| Dec 31, 2016 | 1.18 | 1.68 |
| Dec 31, 2015 | 1.31 | 1.67 |
| Dec 31, 2014 | 1.37 | 1.87 |
| Dec 31, 2013 | 1.64 | 1.93 |
| Dec 31, 2012 | 1.44 | 1.81 |
| Dec 31, 2011 | 1.56 | 1.91 |
| Dec 31, 2010 | 1.60 | 1.80 |
| Dec 31, 2009 | 1.43 | 1.75 |
| Dec 31, 2008 | 1.23 | 1.42 |
| Dec 29, 2007 | 1.31 | 1.51 |
| Dec 30, 2006 | 1.48 | 1.39 |
| Dec 31, 2005 | 1.83 | 1.63 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-29), 10-K (reporting date: 2006-12-30), 10-K (reporting date: 2005-12-31).