Carerx Corp Stock Retained Earnings

CRRX Stock  CAD 1.88  0.05  2.73%   
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.
Last ReportedProjected for Next Year
Retained Earnings-282.7 M-268.6 M
As of the 29th of November 2024, Retained Earnings is likely to grow to about (268.6 M).
  
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CareRx Corp Company Retained Earnings Analysis

CareRx Corp's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current CareRx Corp Retained Earnings

    
  (282.69 M)  
Most of CareRx Corp's fundamental indicators, such as Retained Earnings, 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 Retained Earnings 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 Retained Earnings. 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.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, CareRx Corp has a Retained Earnings of (282.69 Million). This is 130.35% lower than that of the Health Care Providers & Services sector and significantly lower than that of the Health Care industry. The retained earnings for all Canada stocks is 103.03% higher than that of the company.

CareRx Retained Earnings 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 Retained Earnings 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 retained earnings category among its peers.

CareRx Fundamentals

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.