CareMax Long Term Debt vs Common Stock Analysis

CMAX Stock

USD 0.72 0.05 7.46%

CareMax financial indicator trend analysis is way more than just evaluating CareMax prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareMax is a good investment. Please check the relationship between CareMax Long Term Debt and its Common Stock accounts. 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.

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareMax Long Term Debt account and Common Stock. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CareMax's Long Term Debt and Common Stock is -0.57. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Common Stock in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Long Term Debt and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of CareMax are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Long Term Debt i.e., CareMax's Long Term Debt and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that CareMax has held for over one year. Long-term debt appears on CareMax balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on CareMax balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Common Stock

Most indicators from CareMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareMax current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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.Sales General And Administrative To Revenue is likely to rise to 0.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 47.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	31.4M	80.3M	13.9M	13.2M
Total Revenue	295.8M	631.1M	751.1M	411.8M

Gross Profit Total Revenue

CareMax fundamental ratios Correlations

	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	Non Current Liabilities Total	Total Liab	Short Term Debt
Other Current Liab		0.94	-0.96	0.83	-0.14	0.82	0.97	0.22	0.94	0.93	0.82	-0.83	0.99	0.74	0.99	0.31	0.99	1.0	0.81	0.71	0.99	0.81	0.57	0.65	0.89	0.92
Total Current Liabilities	0.94		-0.81	0.63	-0.13	0.61	0.9	-0.06	0.78	0.84	0.65	-0.72	0.89	0.52	0.92	0.05	0.91	0.92	0.74	0.48	0.91	0.74	0.33	0.36	0.72	1.0
Net Tangible Assets	-0.96	-0.81		-0.94	0.12	-0.94	-0.96	-0.43	-1.0	-0.92	-0.91	0.86	-0.99	-0.87	-0.97	-0.51	-0.98	-0.97	-0.82	-0.84	-0.97	-0.82	-0.73	-0.83	-0.96	-0.78
Accounts Payable	0.83	0.63	-0.94		0.06	1.0	0.88	0.65	0.94	0.88	0.98	-0.87	0.88	0.95	0.86	0.71	0.87	0.86	0.87	0.93	0.87	0.87	0.83	0.9	0.99	0.58
Other Assets	-0.14	-0.13	0.12	0.06		0.04	0.06	0.54	-0.1	0.22	0.22	-0.4	-0.13	0.29	-0.04	0.57	-0.13	-0.09	0.38	0.31	-0.06	0.38	0.42	0.08	-0.01	-0.14
Net Receivables	0.82	0.61	-0.94	1.0	0.04		0.87	0.65	0.94	0.87	0.98	-0.86	0.88	0.95	0.85	0.71	0.87	0.85	0.86	0.93	0.86	0.86	0.83	0.91	0.99	0.57
Common Stock Shares Outstanding	0.97	0.9	-0.96	0.88	0.06	0.87		0.38	0.95	0.98	0.89	-0.93	0.98	0.84	0.99	0.48	0.98	0.99	0.9	0.81	0.99	0.9	0.7	0.72	0.91	0.87
Inventory	0.22	-0.06	-0.43	0.65	0.54	0.65	0.38		0.48	0.49	0.67	-0.63	0.32	0.81	0.3	0.99	0.29	0.28	0.54	0.84	0.31	0.54	0.92	0.82	0.53	-0.11
Other Current Assets	0.94	0.78	-1.0	0.94	-0.1	0.94	0.95	0.48		0.92	0.91	-0.86	0.97	0.89	0.95	0.55	0.97	0.96	0.81	0.87	0.96	0.81	0.76	0.86	0.95	0.74
Other Stockholder Equity	0.93	0.84	-0.92	0.88	0.22	0.87	0.98	0.49	0.92		0.92	-0.98	0.94	0.89	0.96	0.59	0.94	0.95	0.94	0.87	0.96	0.94	0.78	0.74	0.9	0.81
Total Current Assets	0.82	0.65	-0.91	0.98	0.22	0.98	0.89	0.67	0.91	0.92		-0.93	0.87	0.96	0.87	0.74	0.86	0.86	0.94	0.94	0.87	0.94	0.85	0.85	0.97	0.61
Common Stock	-0.83	-0.72	0.86	-0.87	-0.4	-0.86	-0.93	-0.63	-0.86	-0.98	-0.93		-0.86	-0.93	-0.89	-0.72	-0.85	-0.86	-0.96	-0.91	-0.88	-0.96	-0.86	-0.77	-0.87	-0.69
Property Plant Equipment	0.99	0.89	-0.99	0.88	-0.13	0.88	0.98	0.32	0.97	0.94	0.87	-0.86		0.81	0.99	0.4	1.0	1.0	0.82	0.78	1.0	0.82	0.65	0.73	0.92	0.87
Total Assets	0.74	0.52	-0.87	0.95	0.29	0.95	0.84	0.81	0.89	0.89	0.96	-0.93	0.81		0.8	0.86	0.79	0.79	0.87	1.0	0.81	0.87	0.96	0.94	0.9	0.47
Short Long Term Debt Total	0.99	0.92	-0.97	0.86	-0.04	0.85	0.99	0.3	0.95	0.96	0.87	-0.89	0.99	0.8		0.4	0.99	1.0	0.86	0.77	1.0	0.86	0.65	0.69	0.91	0.9
Total Stockholder Equity	0.31	0.05	-0.51	0.71	0.57	0.71	0.48	0.99	0.55	0.59	0.74	-0.72	0.4	0.86	0.4		0.38	0.38	0.63	0.89	0.41	0.63	0.95	0.84	0.6	0.0
Property Plant And Equipment Net	0.99	0.91	-0.98	0.87	-0.13	0.87	0.98	0.29	0.97	0.94	0.86	-0.85	1.0	0.79	0.99	0.38		1.0	0.82	0.76	1.0	0.82	0.64	0.72	0.92	0.88
Net Debt	1.0	0.92	-0.97	0.86	-0.09	0.85	0.99	0.28	0.96	0.95	0.86	-0.86	1.0	0.79	1.0	0.38	1.0		0.84	0.76	1.0	0.84	0.63	0.69	0.91	0.9
Cash	0.81	0.74	-0.82	0.87	0.38	0.86	0.9	0.54	0.81	0.94	0.94	-0.96	0.82	0.87	0.86	0.63	0.82	0.84		0.84	0.85	1.0	0.74	0.66	0.89	0.71
Non Current Assets Total	0.71	0.48	-0.84	0.93	0.31	0.93	0.81	0.84	0.87	0.87	0.94	-0.91	0.78	1.0	0.77	0.89	0.76	0.76	0.84		0.78	0.84	0.98	0.95	0.88	0.43
Non Currrent Assets Other	0.99	0.91	-0.97	0.87	-0.06	0.86	0.99	0.31	0.96	0.96	0.87	-0.88	1.0	0.81	1.0	0.41	1.0	1.0	0.85	0.78		0.85	0.65	0.71	0.92	0.89
Cash And Short Term Investments	0.81	0.74	-0.82	0.87	0.38	0.86	0.9	0.54	0.81	0.94	0.94	-0.96	0.82	0.87	0.86	0.63	0.82	0.84	1.0	0.84	0.85		0.74	0.66	0.89	0.71
Good Will	0.57	0.33	-0.73	0.83	0.42	0.83	0.7	0.92	0.76	0.78	0.85	-0.86	0.65	0.96	0.65	0.95	0.64	0.63	0.74	0.98	0.65	0.74		0.93	0.75	0.28
Non Current Liabilities Total	0.65	0.36	-0.83	0.9	0.08	0.91	0.72	0.82	0.86	0.74	0.85	-0.77	0.73	0.94	0.69	0.84	0.72	0.69	0.66	0.95	0.71	0.66	0.93		0.83	0.31
Total Liab	0.89	0.72	-0.96	0.99	-0.01	0.99	0.91	0.53	0.95	0.9	0.97	-0.87	0.92	0.9	0.91	0.6	0.92	0.91	0.89	0.88	0.92	0.89	0.75	0.83		0.69
Short Term Debt	0.92	1.0	-0.78	0.58	-0.14	0.57	0.87	-0.11	0.74	0.81	0.61	-0.69	0.87	0.47	0.9	0.0	0.88	0.9	0.71	0.43	0.89	0.71	0.28	0.31	0.69

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CareMax Account Relationship Matchups

CareMax fundamental ratios 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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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.

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CareMax Long Term Debt vs Common Stock Analysis

Long Term Debt vs Common Stock

Long Term Debt vs Common Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Common Stock

CareMax fundamental ratios Correlations

CareMax Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CareMax fundamental ratios Accounts

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Additional Tools for CareMax Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Other Current Liab
Short Term Debt	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable
Property Plant And Equipment Net	+ 1.0	Property Plant Equipment
Net Debt	+ 1.0	Property Plant Equipment
Non Currrent Assets Other	+ 1.0	Property Plant Equipment

Other Current Assets	- 1.0	Net Tangible Assets
Property Plant Equipment	- 0.99	Net Tangible Assets
Common Stock	- 0.98	Other Stockholder Equity
Property Plant And Equipment Net	- 0.98	Net Tangible Assets
Non Currrent Assets Other	- 0.97	Net Tangible Assets
Net Debt	- 0.97	Net Tangible Assets