CareRx Corp Gross Profit vs. Return On Equity
CRRX Stock | CAD 1.89 0.01 0.53% |
Gross Profit | First Reported 2003-06-30 | Previous Quarter 21.6 M | Current Value 22.4 M | Quarterly Volatility 16.9 M |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.39 | 0.2285 |
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For CareRx Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CareRx Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CareRx Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CareRx Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CareRx Corp over time as well as its relative position and ranking within its peers.
CareRx |
CareRx Corp Return On Equity vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CareRx Corp's current stock value. Our valuation model uses many indicators to compare CareRx Corp value to that of its competitors to determine the firm's financial worth. CareRx Corp is number one stock in gross profit category among its peers. It also is number one stock in return on equity category among its peers . At this time, CareRx Corp's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value CareRx Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CareRx Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CareRx Return On Equity vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
CareRx Corp |
| = | 109.93 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
CareRx Corp |
| = | -0.075 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CareRx Return On Equity Comparison
CareRx Corp is currently under evaluation in return on equity category among its peers.
CareRx Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CareRx Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CareRx Corp will eventually generate negative long term returns. The profitability progress is the general direction of CareRx Corp's change in net profit over the period of time. It can combine multiple indicators of CareRx Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | 7.3 M | 7.7 M | |
Operating Income | 7.2 M | 7.6 M | |
Net Loss | -5.4 M | -5.7 M | |
Income Tax Expense | -4.2 M | -4 M | |
Income Before Tax | -9.6 M | -10.1 M | |
Total Other Income Expense Net | -16.8 M | -17.7 M | |
Interest Income | 1.3 M | 1.2 M | |
Net Loss | -30.9 M | -29.4 M | |
Net Interest Income | -13 M | -13.7 M | |
Net Loss | -5.4 M | -5.7 M | |
Change To Netincome | 41.4 M | 21.6 M | |
Net Loss | (0.09) | (0.10) | |
Income Quality | (5.06) | (4.81) | |
Net Income Per E B T | 0.56 | 0.48 |
CareRx Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CareRx Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CareRx Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CareRx Corp's important profitability drivers and their relationship over time.
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Other Information on Investing in CareRx Stock
To fully project CareRx Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CareRx Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include CareRx Corp's income statement, its balance sheet, and the statement of cash flows.