Caredx Net Debt from 2010 to 2024

CDNA Stock  USD 22.58  0.21  0.94%   
Caredx's Net Debt is decreasing over the years with slightly volatile fluctuation. Net Debt is expected to dwindle to about -50.4 M. Net Debt is the total debt of Caredx Inc minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2013-03-31
Previous Quarter
-64.3 M
Current Value
-65.4 M
Quarterly Volatility
95.9 M
 
Yuan Drop
 
Covid
Check Caredx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Caredx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.8 M, Interest Expense of 3.7 M or Selling General Administrative of 123.8 M, as well as many indicators such as Price To Sales Ratio of 4.25, Dividend Yield of 0.0 or PTB Ratio of 2.59. Caredx financial statements analysis is a perfect complement when working with Caredx Valuation or Volatility modules.
  
Check out the analysis of Caredx Correlation against competitors.

Latest Caredx's Net Debt Growth Pattern

Below is the plot of the Net Debt of Caredx Inc over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Caredx's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Caredx's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Caredx Net Debt Regression Statistics

Arithmetic Mean(45,090,053)
Coefficient Of Variation(194.37)
Mean Deviation52,382,597
Median(25,019,000)
Standard Deviation87,641,545
Sample Variance7681T
Range348.3M
R-Value(0.51)
Mean Square Error6089.8T
R-Squared0.26
Significance0.05
Slope(10,065,402)
Total Sum of Squares107534.6T

Caredx Net Debt History

2024-50.4 M
2023-48 M
2022-50.9 M
2021-331.1 M
2020-118.6 M
2019-35.2 M
2018-64.4 M

Other Fundumenentals of Caredx Inc

Caredx Net Debt component correlations

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0.640.66-0.97-0.290.620.320.60.00.030.69-0.140.520.320.570.58-0.250.270.520.310.520.740.720.64
-0.69-0.74-0.970.35-0.67-0.37-0.64-0.110.08-0.730.21-0.63-0.35-0.6-0.620.24-0.32-0.58-0.39-0.57-0.77-0.77-0.65
-0.86-0.76-0.290.35-0.92-0.47-0.86-0.84-0.45-0.810.01-0.76-0.94-0.88-0.820.2-0.57-0.76-0.44-0.95-0.72-0.77-0.82
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0.980.90.64-0.65-0.820.940.410.970.70.390.98-0.120.730.90.960.88-0.390.420.70.390.950.950.95
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About Caredx Financial Statements

Caredx stakeholders use historical fundamental indicators, such as Caredx's Net Debt, to determine how well the company is positioned to perform in the future. Although Caredx investors may analyze each financial statement separately, they are all interrelated. For example, changes in Caredx's assets and liabilities are reflected in the revenues and expenses on Caredx's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Caredx Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt-48 M-50.4 M
Net Debt To EBITDA 0.54  0.56 

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When determining whether Caredx Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caredx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Caredx Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caredx Inc Stock:
Check out the analysis of Caredx Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caredx. If investors know Caredx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caredx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.69)
Revenue Per Share
5.952
Quarterly Revenue Growth
0.234
Return On Assets
(0.07)
Return On Equity
(0.43)
The market value of Caredx Inc is measured differently than its book value, which is the value of Caredx that is recorded on the company's balance sheet. Investors also form their own opinion of Caredx's value that differs from its market value or its book value, called intrinsic value, which is Caredx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caredx's market value can be influenced by many factors that don't directly affect Caredx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caredx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caredx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caredx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.