CareMax Historical Balance Sheet
CMAX Stock | USD 0.57 0.12 17.39% |
Trend analysis of CareMax balance sheet accounts such as Total Current Liabilities of 460.8 M, Accounts Payable of 3.8 M or Other Assets of 1.1 K provides information on CareMax's total assets, liabilities, and equity, which is the actual value of CareMax to its prevalent stockholders. By breaking down trends over time using CareMax balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining CareMax latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CareMax is a good buy for the upcoming year.
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About CareMax Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of CareMax at a specified time, usually calculated after every quarter, six months, or one year. CareMax Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CareMax and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CareMax currently owns. An asset can also be divided into two categories, current and non-current.
CareMax Balance Sheet Chart
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Total Current Liabilities
Total Current Liabilities is an item on CareMax balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CareMax are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents CareMax obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CareMax are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most accounts from CareMax's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CareMax current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.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).
2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 22.0M | 77.3M | 438.8M | 460.8M | Other Current Liabilities | 3.9M | 33.6M | 50.2M | 52.7M |
CareMax balance sheet Correlations
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CareMax Account Relationship Matchups
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CareMax balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 1.1M | 3.4M | 3.9M | 33.6M | 50.2M | 52.7M | |
Total Current Liabilities | 3.3M | 5.5M | 22.0M | 77.3M | 438.8M | 460.8M | |
Net Tangible Assets | (5.5M) | (11.9M) | (19.0M) | (204.7M) | (184.2M) | (175.0M) | |
Accounts Payable | 1.5M | 1.0M | 3.1M | 7.7M | 6.3M | 3.8M | |
Other Assets | 194.7K | 182.9K | 4.7M | 1K | 1.2K | 1.1K | |
Net Receivables | 5.2M | 9.7M | 42.0M | 151.0M | 114.8M | 59.9M | |
Inventory | 10.6K | 15K | 550K | 723K | 1.0 | 0.95 | |
Other Current Assets | 426.5K | 183K | 539K | 4.0M | 3.1M | 3.2M | |
Other Stockholder Equity | 4.9M | 6.5M | 505.3M | 657.1M | 782.4M | 821.5M | |
Total Current Assets | 10.1M | 14.9M | 108.0M | 197.3M | 183.3M | 95.0M | |
Property Plant Equipment | 3.5M | 4.8M | 16.0M | 129.9M | 149.4M | 156.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for CareMax Stock Analysis
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.