CareRx Corp Return On Asset vs. Shares Owned By Institutions
| CRRX Stock | CAD 1.89 0.01 0.53% |
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 Shares Owned By Institutions vs. Return On Asset 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 return on asset category among its peers. It also is number one stock in shares owned by institutions category among its peers producing about 2,300 of Shares Owned By Institutions per Return On Asset. 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 Shares Owned By Institutions vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
CareRx Corp |
| = | 0.0218 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
CareRx Corp |
| = | 50.14 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
CareRx Shares Owned By Institutions Comparison
CareRx Corp is currently under evaluation in shares owned by institutions 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.
CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada. CARERX CORPORATION operates under Medical Care Facilities classification in Canada and is traded on Toronto Stock Exchange. It employs 1378 people.
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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Use Investing Themes to Complement your CareRx Corp position
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Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 42 constituents at this 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.