Carerx Corp Stock Net Asset
| CRRX Stock | CAD 1.90 0.13 7.34% |
CareRx Corp fundamentals help investors to digest information that contributes to CareRx Corp's financial success or failures. It also enables traders to predict the movement of CareRx Stock. The fundamental analysis module provides a way to measure CareRx Corp'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 CareRx Corp stock.
CareRx | Net Asset |
CareRx Corp Company Net Asset Analysis
CareRx Corp's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current CareRx Corp Net Asset | 231.89 M |
Most of CareRx Corp's fundamental indicators, such as Net 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, CareRx Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CareRx Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for CareRx Corp is extremely important. It helps to project a fair market value of CareRx Stock properly, considering its historical fundamentals such as Net Asset. Since CareRx Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CareRx Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CareRx Corp's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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CareRx Total Assets
Total Assets |
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Based on the recorded statements, CareRx Corp has a Net Asset of 231.89 M. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The net asset for all Canada stocks is notably lower than that of the firm.
CareRx Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CareRx Corp's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CareRx Corp could also be used in its relative valuation, which is a method of valuing CareRx Corp by comparing valuation metrics of similar companies.CareRx Corp is currently under evaluation in net asset category among its peers.
CareRx Fundamentals
| Return On Equity | -0.075 | ||||
| Return On Asset | 0.0218 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 186.35 M | ||||
| Shares Outstanding | 59.95 M | ||||
| Shares Owned By Insiders | 10.58 % | ||||
| Shares Owned By Institutions | 50.14 % | ||||
| Number Of Shares Shorted | 8.6 K | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 0.29 X | ||||
| Revenue | 370.75 M | ||||
| Gross Profit | 109.93 M | ||||
| EBITDA | 27.2 M | ||||
| Net Income | (5.41 M) | ||||
| Cash And Equivalents | 28.37 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 97.52 M | ||||
| Debt To Equity | 2.35 % | ||||
| Current Ratio | 1.69 X | ||||
| Book Value Per Share | 1.33 X | ||||
| Cash Flow From Operations | 16.17 M | ||||
| Short Ratio | 1.11 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Target Price | 3.48 | ||||
| Number Of Employees | 1.43 K | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 106.12 M | ||||
| Total Asset | 231.89 M | ||||
| Retained Earnings | (282.69 M) | ||||
| Working Capital | 2.96 M | ||||
| Net Asset | 231.89 M |
About CareRx Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CareRx Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CareRx Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CareRx Corp 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.
Other Information on Investing in CareRx Stock
CareRx Corp financial ratios help investors to determine whether CareRx 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 CareRx with respect to the benefits of owning CareRx Corp security.