Caredx Retained Earnings from 2010 to 2024

CDNA Stock  USD 22.58  0.21  0.94%   
Caredx's Retained Earnings are decreasing over the years with slightly volatile fluctuation. Overall, Retained Earnings are projected to go to about -644.4 M this year. Retained Earnings is the cumulative amount of net income that Caredx Inc retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2013-12-31
Previous Quarter
-696.8 M
Current Value
-704.3 M
Quarterly Volatility
155.7 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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Caredx Inc over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Caredx's Retained Earnings 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.
ViewLast Reported (678.27 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Caredx Retained Earnings Regression Statistics

Arithmetic Mean(307,164,837)
Coefficient Of Variation(56.62)
Mean Deviation135,238,492
Median(268,022,000)
Standard Deviation173,903,026
Sample Variance30242.3T
Range521.7M
R-Value(0.91)
Mean Square Error5339.4T
R-Squared0.84
Slope(35,555,760)
Total Sum of Squares423391.7T

Caredx Retained Earnings History

2024-644.4 M
2023-678.3 M
2022-460.4 M
2021-383.2 M
2020-352.5 M
2019-333.8 M
2018-311.8 M

Other Fundumenentals of Caredx Inc

Caredx Retained Earnings component correlations

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0.960.66-0.74-0.760.920.430.930.67-0.010.95-0.020.90.770.840.87-0.160.580.830.450.880.940.940.9
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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-0.3-0.16-0.250.240.2-0.22-0.28-0.37-0.24-0.47-0.350.790.06-0.37-0.48-0.350.530.18-0.39-0.33-0.35-0.35-0.39
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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
Click cells to compare fundamentals

About Caredx Financial Statements

Caredx stakeholders use historical fundamental indicators, such as Caredx's Retained Earnings, 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
Retained Earnings-678.3 M-644.4 M
Retained Earnings Total Equity-344.9 M-362.1 M

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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.