CorMedix Capex To Depreciation from 2010 to 2024

CRMD Stock  USD 8.57  0.30  3.38%   
CorMedix's Capex To Depreciation is increasing over the years with stable fluctuation. Capex To Depreciation is expected to dwindle to 2.82. Capex To Depreciation is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. View All Fundamentals
 
Capex To Depreciation  
First Reported
2010-12-31
Previous Quarter
4.6258215
Current Value
2.82
Quarterly Volatility
5.7564737
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CorMedix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CorMedix's main balance sheet or income statement drivers, such as Interest Expense of 32.6 K, Selling General Administrative of 37.6 M or Research Development of 10.2 M, as well as many indicators such as Price To Sales Ratio of 1.6 K, Dividend Yield of 0.0179 or PTB Ratio of 2.87. CorMedix financial statements analysis is a perfect complement when working with CorMedix Valuation or Volatility modules.
  
Check out the analysis of CorMedix Correlation against competitors.
For information on how to trade CorMedix Stock refer to our How to Trade CorMedix Stock guide.

Latest CorMedix's Capex To Depreciation Growth Pattern

Below is the plot of the Capex To Depreciation of CorMedix over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. CorMedix's Capex To Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CorMedix's overall financial position and show how it may be relating to other accounts over time.
Capex To Depreciation10 Years Trend
Pretty Stable
   Capex To Depreciation   
       Timeline  

CorMedix Capex To Depreciation Regression Statistics

Arithmetic Mean3.88
Geometric Mean0.81
Coefficient Of Variation148.38
Mean Deviation3.49
Median2.29
Standard Deviation5.76
Sample Variance33.14
Range23.03
R-Value0.23
Mean Square Error33.73
R-Squared0.05
Significance0.40
Slope0.30
Total Sum of Squares463.92

CorMedix Capex To Depreciation History

2024 2.82
2023 4.63
2022 2.59
2021 23.03
2020 0.88
2019 0.5
2018 0.66

About CorMedix Financial Statements

CorMedix stakeholders use historical fundamental indicators, such as CorMedix's Capex To Depreciation, to determine how well the company is positioned to perform in the future. Although CorMedix investors may analyze each financial statement separately, they are all interrelated. For example, changes in CorMedix's assets and liabilities are reflected in the revenues and expenses on CorMedix's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CorMedix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Depreciation 4.63  2.82 

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When determining whether CorMedix is a strong investment it is important to analyze CorMedix's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CorMedix's future performance. For an informed investment choice regarding CorMedix Stock, refer to the following important reports:
Check out the analysis of CorMedix Correlation against competitors.
For information on how to trade CorMedix Stock refer to our How to Trade CorMedix Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Pharmaceuticals 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 CorMedix. If investors know CorMedix 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 CorMedix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.80)
Revenue Per Share
0.212
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.38)
Return On Equity
(0.65)
The market value of CorMedix is measured differently than its book value, which is the value of CorMedix that is recorded on the company's balance sheet. Investors also form their own opinion of CorMedix's value that differs from its market value or its book value, called intrinsic value, which is CorMedix'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 CorMedix's market value can be influenced by many factors that don't directly affect CorMedix'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 CorMedix's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorMedix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorMedix'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.