Careray Digital Medical Stock Total Asset

688607 Stock   15.64  0.49  3.23%   
CareRay Digital Medical fundamentals help investors to digest information that contributes to CareRay Digital's financial success or failures. It also enables traders to predict the movement of CareRay Stock. The fundamental analysis module provides a way to measure CareRay Digital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CareRay Digital stock.
Last ReportedProjected for Next Year
Total Assets947.3 M653.2 M
As of November 29, 2024, Total Assets is expected to decline to about 653.2 M.
  
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CareRay Digital Medical Company Total Asset Analysis

CareRay Digital's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

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Intangible Assets

More About Total Asset | All Equity Analysis

Current CareRay Digital Total Asset

    
  947.3 M  
Most of CareRay Digital's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CareRay Digital Medical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

CareRay Total Assets

Total Assets

653.23 Million

At present, CareRay Digital's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, CareRay Digital Medical has a Total Asset of 947.3 M. This is 87.4% lower than that of the Health Care Equipment & Supplies sector and 85.0% lower than that of the Health Care industry. The total asset for all China stocks is 96.79% higher than that of the company.

CareRay Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CareRay Digital's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CareRay Digital could also be used in its relative valuation, which is a method of valuing CareRay Digital by comparing valuation metrics of similar companies.
CareRay Digital is currently under evaluation in total asset category among its peers.

CareRay Fundamentals

About CareRay Digital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CareRay Digital Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CareRay Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CareRay Digital Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in CareRay Stock

CareRay Digital financial ratios help investors to determine whether CareRay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareRay with respect to the benefits of owning CareRay Digital security.