CareMax Non Current Liabilities Total vs Non Currrent Assets Other Analysis

CMAXW Stock  USD 0.01  0.0003  3.03%   
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 Non Current Liabilities Total and its Non Currrent Assets Other 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 interest.
For more information on how to buy CareMax Stock please use our How to Invest in CareMax guide.

Non Current Liabilities Total vs Non Currrent Assets Other

Non Current Liabilities Total vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareMax Non Current Liabilities Total account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong relationship.
The correlation between CareMax's Non Current Liabilities Total and Non Currrent Assets Other is 0.71. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of CareMax, assuming nothing else is changed. The correlation between historical values of CareMax's Non Current Liabilities Total and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of CareMax are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Non Current Liabilities Total i.e., CareMax's Non Current Liabilities Total and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 interest.
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 climb 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 Profit31.4M80.3M13.9M13.2M
Total Revenue295.8M631.1M751.1M411.8M

CareMax fundamental ratios Correlations

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0.810.330.26-0.050.950.350.320.690.470.840.35-0.090.470.690.90.90.960.650.570.580.65-0.110.69-0.570.56
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CareMax Account Relationship Matchups

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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.