Based on the key measurements obtained from CareMax's financial statements, CareMax is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, CareMax's Good Will is fairly stable compared to the past year. Non Current Liabilities Total is likely to rise to about 168.3 M in 2024, despite the fact that Net Tangible Assets are likely to grow to (175 M). Key indicators impacting CareMax's financial strength include:
Investors should never underestimate CareMax's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CareMax's cash flow, debt, and profitability to make informed and accurate decisions about investing in CareMax.
Net Income
(649.18 Million)
CareMax
Select Account or Indicator
Price To Sales Ratio
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change To Inventory
Change In Cash
Net Borrowings
Total Cashflows From Investing Activities
Other Cashflows From Financing Activities
Depreciation
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Change To Account Receivables
Change To Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Other Cashflows From Investing Activities
Change To Netincome
Change To Liabilities
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Non Cash Items
Investments
Stock Based Compensation
Other Current Liab
Total Current Liabilities
Net Tangible Assets
Accounts Payable
Other Assets
Net Receivables
Common Stock Shares Outstanding
Inventory
Other Current Assets
Other Stockholder Equity
Total Current Assets
Common Stock
Property Plant Equipment
Total Assets
Short Long Term Debt Total
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Good Will
Liabilities And Stockholders Equity
Non Current Liabilities Total
Total Liab
Short Term Debt
Intangible Assets
Retained Earnings
Long Term Debt
Net Invested Capital
Property Plant And Equipment Gross
Short Long Term Debt
Capital Stock
Non Current Liabilities Other
Net Working Capital
Interest Expense
Ebit
Net Income Applicable To Common Shares
Minority Interest
Depreciation And Amortization
Selling General Administrative
Selling And Marketing Expenses
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Tax Provision
Net Interest Income
Net Income From Continuing Ops
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past CareMax Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CareMax's financial statements are interrelated, with each one affecting the others. For example, an increase in CareMax's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in CareMax's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CareMax. Check CareMax's Beneish M Score to see the likelihood of CareMax's management manipulating its earnings.
CareMax Stock Summary
CareMax competes with Evolent Health, Certara, R1 RCM, Privia Health, and HealthStream. CareMax, Inc. provides medical services through physicians and health care professionals. As of December 31, 2021, it operated 48 multi-specialty medical care centers in Florida, Tennessee, and New York. Caremax operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1270 people.
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
Cash flow analysis captures how much money flows into and out of CareMax. It measures of how well CareMax is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money CareMax brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money CareMax had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what CareMax has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
Comparative valuation techniques use various fundamental indicators to help in determining CareMax's current stock value. Our valuation model uses many indicators to compare CareMax value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CareMax competition to find correlations between indicators driving CareMax's intrinsic value. More Info.
CareMax is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, CareMax's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CareMax's earnings, one of the primary drivers of an investment's value.
CareMax Systematic Risk
CareMax's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CareMax volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CareMax correlated with the market. If Beta is less than 0 CareMax generally moves in the opposite direction as compared to the market. If CareMax Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CareMax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CareMax is generally in the same direction as the market. If Beta > 1 CareMax moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CareMax Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CareMax's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CareMax growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of CareMax help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CareMax. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareMax based on widely used predictive technical indicators. In general, we focus on analyzing CareMax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareMax's daily price indicators and compare them against related drivers.
When running CareMax's price analysis, check to measure CareMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareMax is operating at the current time. Most of CareMax's value examination focuses on studying past and present price action to predict the probability of CareMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareMax's price. Additionally, you may evaluate how the addition of CareMax to your portfolios can decrease your overall portfolio volatility.