Caredx Historical Financial Ratios
| CDNA Stock | USD 23.13 0.55 2.44% |
Caredx is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0, PTB Ratio of 2.59 or Days Sales Outstanding of 37.68 will help investors to properly organize and evaluate Caredx Inc financial condition quickly.
Caredx |
About Caredx Financial Ratios Analysis
Caredx IncFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Caredx investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Caredx financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Caredx history.
Caredx Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Caredx Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Caredx sales, a figure that is much harder to manipulate than other Caredx Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most ratios from Caredx's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Caredx Inc current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Caredx Inc. 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 present, Caredx's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 2.59, whereas Days Sales Outstanding is forecasted to decline to 37.68.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 7.3 | 11.29 | 7.92 | 9.39 | Days Of Inventory On Hand | 64.41 | 62.56 | 69.68 | 43.34 |
Caredx fundamentals Correlations
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Caredx Account Relationship Matchups
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Caredx fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 7.16 | 17.52 | 8.02 | 1.89 | 2.3 | 4.25 | |
| Ptb Ratio | 9.18 | 12.13 | 5.1 | 1.41 | 2.47 | 2.59 | |
| Days Sales Outstanding | 69.1 | 65.76 | 73.59 | 75.22 | 66.48 | 37.68 | |
| Book Value Per Share | 2.35 | 5.97 | 8.92 | 8.08 | 4.86 | 5.1 | |
| Free Cash Flow Yield | (0.006729) | 0.006851 | (0.0166) | (0.0815) | (0.0428) | (0.045) | |
| Operating Cash Flow Per Share | (0.0657) | 0.72 | (0.37) | (0.47) | (0.34) | (0.36) | |
| Capex To Depreciation | 0.61 | 1.09 | 1.7 | 1.52 | 0.47 | 0.7 | |
| Pb Ratio | 9.18 | 12.13 | 5.1 | 1.41 | 2.47 | 2.59 | |
| Ev To Sales | 6.88 | 16.9 | 6.9 | 1.73 | 2.13 | 4.04 | |
| Free Cash Flow Per Share | (0.32) | (0.15) | 0.5 | (0.76) | (0.51) | (0.54) | |
| Roic | (0.23) | (0.0605) | (0.061) | (0.18) | (0.39) | (0.41) | |
| Inventory Turnover | 7.56 | 6.3 | 5.67 | 5.83 | 5.24 | 9.36 | |
| Net Income Per Share | (0.52) | (0.4) | (0.59) | (1.44) | (3.54) | (3.36) | |
| Days Of Inventory On Hand | 48.29 | 57.9 | 64.41 | 62.56 | 69.68 | 43.34 | |
| Payables Turnover | 8.26 | 6.54 | 7.3 | 11.29 | 7.92 | 9.39 | |
| Research And Ddevelopement To Revenue | 0.26 | 0.19 | 0.24 | 0.25 | 0.28 | 0.29 | |
| Capex To Revenue | 0.0264 | 0.0539 | 0.0684 | 0.0756 | 0.033 | 0.03 | |
| Cash Per Share | 0.91 | 4.83 | 6.67 | 5.5 | 4.38 | 2.41 | |
| Pocfratio | (328.35) | 100.73 | (123.14) | (24.11) | (35.09) | (36.84) | |
| Interest Coverage | (3.46) | (4.21) | (65.37) | (20.53) | (23.61) | (24.79) | |
| Capex To Operating Cash Flow | (1.21) | 0.31 | (1.05) | (0.96) | (0.5) | (0.53) | |
| Pfcf Ratio | (148.61) | 145.97 | (60.07) | (12.27) | (23.35) | (24.52) | |
| Days Payables Outstanding | 44.21 | 55.82 | 49.99 | 32.34 | 46.06 | 36.82 | |
| Income Quality | 0.13 | (1.79) | 0.63 | 0.33 | 0.0966 | 0.1 | |
| Roe | (0.22) | (0.0674) | (0.0658) | (0.18) | (0.73) | (0.69) | |
| Ev To Operating Cash Flow | (315.64) | 97.19 | (105.98) | (22.09) | (32.48) | (34.1) | |
| Pe Ratio | (41.39) | (179.95) | (77.49) | (7.94) | (3.39) | (3.56) | |
| Return On Tangible Assets | (0.27) | (0.0623) | (0.064) | (0.17) | (0.5) | (0.52) | |
| Ev To Free Cash Flow | (142.86) | 140.83 | (51.7) | (11.25) | (21.62) | (22.7) | |
| Earnings Yield | (0.0242) | (0.005557) | (0.0129) | (0.13) | (0.29) | (0.28) | |
| Intangibles To Total Assets | 0.35 | 0.46 | 0.19 | 0.15 | 0.18 | 0.36 | |
| Net Debt To E B I T D A | 1.85 | 11.62 | 18.56 | 0.83 | 0.54 | 0.56 | |
| Current Ratio | 2.07 | 3.95 | 5.61 | 5.1 | 4.02 | 2.36 | |
| Tangible Book Value Per Share | 0.7 | 4.51 | 7.25 | 6.57 | 3.26 | 3.42 | |
| Receivables Turnover | 5.28 | 5.55 | 4.96 | 4.85 | 5.49 | 10.82 | |
| Graham Number | 5.25 | 7.36 | 10.85 | 16.16 | 19.67 | 20.66 | |
| Shareholders Equity Per Share | 2.35 | 5.97 | 8.92 | 8.08 | 4.86 | 5.1 |
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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.When determining whether Caredx Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Caredx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Caredx Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Caredx Inc Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caredx Inc. 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. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Caredx. If investors know Caredx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Caredx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.69) | Revenue Per Share 5.952 | Quarterly Revenue Growth 0.234 | Return On Assets (0.07) | Return On Equity (0.43) |
The market value of Caredx Inc is measured differently than its book value, which is the value of Caredx that is recorded on the company's balance sheet. Investors also form their own opinion of Caredx's value that differs from its market value or its book value, called intrinsic value, which is Caredx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Caredx's market value can be influenced by many factors that don't directly affect Caredx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Caredx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Caredx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Caredx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.