CareRx Common Stock Shares Outstanding vs Retained Earnings Analysis
CRRX Stock | CAD 1.90 0.13 7.34% |
CareRx Corp financial indicator trend analysis is way more than just evaluating CareRx Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareRx Corp is a good investment. Please check the relationship between CareRx Corp Common Stock Shares Outstanding and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareRx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock Shares Outstanding vs Retained Earnings
Common Stock Shares Outstanding vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareRx Corp Common Stock Shares Outstanding account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between CareRx Corp's Common Stock Shares Outstanding and Retained Earnings is -0.81. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CareRx Corp, assuming nothing else is changed. The correlation between historical values of CareRx Corp's Common Stock Shares Outstanding and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of CareRx Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Shares Outstanding i.e., CareRx Corp's Common Stock Shares Outstanding and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.81 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from CareRx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareRx Corp 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 CareRx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, CareRx Corp's Issuance Of Capital Stock is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 7.38, while Selling General Administrative is likely to drop about 28.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 262.6M | 381.7M | 370.7M | 389.3M | Depreciation And Amortization | 15.4M | 20.1M | 20.0M | 13.2M |
CareRx Corp fundamental ratios Correlations
Click cells to compare fundamentals
CareRx Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CareRx Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 87.1M | 156.1M | 282.8M | 264.5M | 231.9M | 178.4M | |
Total Current Liabilities | 68.0M | 43.3M | 53.0M | 63.9M | 62.4M | 60.0M | |
Total Stockholder Equity | (20.0M) | 11.3M | 82.3M | 64.5M | 81.5M | 85.6M | |
Net Debt | 66.2M | 62.6M | 89.9M | 106.9M | 89.8M | 92.7M | |
Retained Earnings | (201.9M) | (220.2M) | (242.9M) | (277.3M) | (282.7M) | (268.6M) | |
Accounts Payable | 11.8M | 16.4M | 33.2M | 30.5M | 29.1M | 17.0M | |
Cash | 61K | 19.6M | 35.6M | 28.4M | 7.7M | 6.6M | |
Non Current Assets Total | 68.0M | 110.9M | 187.6M | 175.4M | 166.5M | 125.6M | |
Non Currrent Assets Other | (68.0M) | (110.9M) | (187.6M) | (175.4M) | (157.8M) | (149.9M) | |
Cash And Short Term Investments | 61K | 19.6M | 35.6M | 28.4M | 7.7M | 6.7M | |
Net Receivables | 12.6M | 15.4M | 38.1M | 37.3M | 36.1M | 22.2M | |
Common Stock Shares Outstanding | 11.0M | 20.3M | 34.9M | 47.6M | 57.3M | 60.2M | |
Liabilities And Stockholders Equity | 87.1M | 156.1M | 282.8M | 264.5M | 231.9M | 178.4M | |
Other Stockholder Equity | 30.1M | 41.7M | 41.8M | 34.5M | 33.6M | 33.0M | |
Total Liab | 107.0M | 144.8M | 200.5M | 200.1M | 150.4M | 156.1M | |
Total Current Assets | 19.1M | 45.2M | 95.2M | 89.2M | 65.4M | 52.8M | |
Short Long Term Debt Total | 66.2M | 85.8M | 131.4M | 135.2M | 97.5M | 139.4M | |
Other Current Liab | 3.8M | 20.9M | 18.5M | 23.4M | 21.0M | 15.5M | |
Property Plant And Equipment Net | 20.0M | 21.1M | 38.2M | 52.4M | 52.1M | 54.7M | |
Other Current Assets | 1.3M | 1.6M | 3.5M | 2.6M | 2.0M | 1.9M | |
Property Plant And Equipment Gross | 20.0M | 21.1M | 56.6M | 74.0M | 78.9M | 82.8M | |
Accumulated Other Comprehensive Income | 10.8M | (18.4M) | 9.4M | 7.5M | 7.3M | 7.7M | |
Short Term Debt | 45.6M | 6.1M | 1.3M | 10.0M | 12.4M | 11.8M | |
Intangible Assets | 18.7M | 35.3M | 54.6M | 53.0M | 44.3M | 43.7M | |
Good Will | 27.2M | 51.7M | 92.1M | 70.0M | 80.5M | 77.9M | |
Current Deferred Revenue | 11K | 6.9M | 17.3M | 13.1M | 15.1M | 15.8M | |
Non Current Liabilities Total | 39.0M | 101.5M | 147.6M | 136.2M | 87.9M | 102.5M | |
Inventory | 5.2M | 8.6M | 18.0M | 20.3M | 19.7M | 12.3M | |
Common Stock | 141.1M | 189.8M | 283.5M | 299.8M | 323.3M | 184.6M | |
Long Term Debt | 13.0M | 71.9M | 112.0M | 99.4M | 57.1M | 59.3M | |
Long Term Debt Total | 20.6M | 79.7M | 130.2M | 125.2M | 112.7M | 67.1M | |
Capital Surpluse | 30.1M | 31.4M | 32.3M | 34.5M | 39.7M | 32.0M | |
Property Plant Equipment | 20.0M | 21.1M | 38.2M | 52.4M | 60.3M | 63.3M | |
Other Liab | 18.4M | 21.7M | 17.4M | 11.0M | 9.9M | 15.6M | |
Net Tangible Assets | (65.9M) | (75.8M) | (64.4M) | (58.5M) | (67.3M) | (70.6M) | |
Capital Lease Obligations | 9.0M | 9.6M | 18.7M | 28.4M | 30.8M | 32.3M | |
Short Long Term Debt | 44.3M | 4.2M | 733K | 7.4M | 9.9M | 9.4M | |
Non Current Liabilities Other | 2.5M | 4.0M | 2.6M | 3.7M | 2.8M | 2.6M | |
Cash And Equivalents | 61K | 19.6M | 35.6M | 28.4M | 32.6M | 34.3M |
Other Information on Investing in CareRx Stock
Balance Sheet is a snapshot of the financial position of CareRx Corp at a specified time, usually calculated after every quarter, six months, or one year. CareRx Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CareRx Corp 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 CareRx currently owns. An asset can also be divided into two categories, current and non-current.