CorMedix Financials
CRMD Stock | USD 10.49 0.02 0.19% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Current Ratio | 4.06 | 6.27 |
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Investors should never underestimate CorMedix's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CorMedix's cash flow, debt, and profitability to make informed and accurate decisions about investing in CorMedix.
Net Income |
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CorMedix | Select Account or Indicator |
Understanding current and past CorMedix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CorMedix's financial statements are interrelated, with each one affecting the others. For example, an increase in CorMedix's assets may result in an increase in income on the income statement.
Please note, the presentation of CorMedix's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CorMedix's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CorMedix's management manipulating its earnings.
CorMedix Stock Summary
CorMedix competes with Tarsus Pharmaceuticals, Aldeyra, Travere Therapeutics, Eton Pharmaceuticals, and Precigen. CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey. Cormedix operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 29 people.Specialization | Health Care, Pharmaceuticals, Biotechnology & Life Sciences |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US21900C3088 |
CUSIP | 21900C308 21900C100 |
Location | New Jersey; U.S.A |
Business Address | 300 Connell Drive, |
Sector | Pharmaceuticals |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | www.cormedix.com |
Phone | 908 517 9500 |
Currency | USD - US Dollar |
CorMedix Key Financial Ratios
Return On Equity | -0.65 | ||||
Operating Margin | (0.29) % | ||||
Price To Sales | 51.81 X | ||||
Gross Profit | 10.25 M | ||||
EBITDA | (48.89 M) |
CorMedix Key Balance Sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 49.3M | 68.9M | 62.0M | 82.1M | 94.4M | 99.1M | |
Other Current Liab | 2.9M | 3.0M | 4.0M | 7.0M | 8.0M | 8.4M | |
Accounts Payable | 1.1M | 2.2M | 2.2M | 4.3M | 4.9M | 5.2M | |
Cash | 42.1M | 53.6M | 43.4M | 43.6M | 50.2M | 52.7M | |
Other Current Assets | 1.7M | 954.0K | 758.8K | 1.3M | 1.5M | 1.6M | |
Total Liab | 5.1M | 6.1M | 7.0M | 11.9M | 13.7M | 7.3M | |
Common Stock | 33.6K | 38.1K | 42.8K | 54.9K | 63.2K | 36.3K | |
Net Debt | (41.1M) | (52.6M) | (42.6M) | (43.0M) | (38.7M) | (36.7M) | |
Retained Earnings | (217.4M) | (245.7M) | (275.4M) | (321.7M) | (289.5M) | (275.1M) | |
Total Current Assets | 48.2M | 66.5M | 59.6M | 79.5M | 91.4M | 95.9M | |
Short Term Debt | 109.1K | 121.4K | 134.8K | 150.6K | 135.6K | 128.8K | |
Net Tangible Assets | 23.6M | 44.2M | 62.8M | 55.1M | 63.3M | 66.5M | |
Capital Surpluse | 183.7M | 218.9M | 261.5M | 308.3M | 354.6M | 372.3M | |
Inventory | 338.5K | 143.6K | 3.0K | 2.1M | 2.4M | 2.5M | |
Net Invested Capital | 44.2M | 62.8M | 55.1M | 70.1M | 80.7M | 43.1M | |
Net Working Capital | 44.0M | 61.1M | 53.2M | 68.0M | 78.3M | 42.1M | |
Capital Stock | 33.8K | 38.3K | 43.0K | 55.1K | 49.6K | 40.7K |
CorMedix Key Income Statement Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Interest Expense | 33.2K | 15.9K | 26.5K | 34.3K | 30.9K | 29.3K | |
Research Development | 13.4M | 13.1M | 10.7M | 13.2M | 15.1M | 10.2M | |
Operating Income | (27.2M) | (29.4M) | (30.6M) | (49.0M) | (44.1M) | (41.9M) | |
Ebit | (27.2M) | (29.6M) | (30.3M) | (49.0M) | (44.1M) | (41.9M) | |
Ebitda | (27.0M) | (29.4M) | (30.1M) | (48.9M) | (44.0M) | (41.8M) | |
Income Before Tax | (27.2M) | (29.5M) | (30.3M) | (46.3M) | (41.7M) | (39.6M) | |
Net Income | (22.0M) | (28.2M) | (29.7M) | (46.3M) | (41.7M) | (39.6M) | |
Income Tax Expense | (5.2M) | (1.3M) | (585.6K) | (2.0) | (1.8) | (1.89) | |
Gross Profit | 34.4K | 42.0K | 61.7K | (205.6K) | (236.4K) | (224.6K) | |
Cost Of Revenue | 204.8K | 148.9K | 3.7K | 205.6K | 236.4K | 235.3K | |
Interest Income | 116.1K | 14.4K | 326.0K | 2.7M | 3.1M | 3.2M | |
Net Interest Income | 82.8K | (1.5K) | 299.5K | 2.6M | 3.0M | 3.2M |
CorMedix Key Cash Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Capital Expenditures | 112.6K | 1.4M | 219.4K | 327.3K | 376.4K | 395.2K | |
End Period Cash Flow | 42.1M | 53.6M | 43.4M | 43.8M | 50.4M | 52.9M | |
Change In Cash | 25.6M | 11.5M | (10.2M) | 448.4K | 515.7K | 489.9K | |
Free Cash Flow | (22.1M) | (22.6M) | (24.6M) | (38.7M) | (34.9M) | (33.1M) | |
Depreciation | 128.0K | 61.9K | 84.6K | 70.8K | 81.4K | 46.3K | |
Other Non Cash Items | 60.0K | 7.1M | 124.4K | 134.8K | 121.3K | 115.3K | |
Net Income | (22.0M) | (28.2M) | (29.7M) | (46.3M) | (41.7M) | (39.6M) | |
Change To Inventory | 149.6K | 145.5K | 3.0K | (2.1M) | (1.9M) | (1.8M) | |
Change To Netincome | 2.5M | 2.6M | 5.0M | 4.2M | 4.8M | 3.4M | |
Change Receivables | 52.0K | 10.6K | (3.1K) | (44.1K) | (50.7K) | (48.2K) | |
Investments | 7.5M | (7.7M) | (3.7M) | (17.1M) | (19.6M) | (18.6M) |
CorMedix Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CorMedix's current stock value. Our valuation model uses many indicators to compare CorMedix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CorMedix competition to find correlations between indicators driving CorMedix's intrinsic value. More Info.CorMedix is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, CorMedix's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value CorMedix by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.CorMedix Systematic Risk
CorMedix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CorMedix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on CorMedix correlated with the market. If Beta is less than 0 CorMedix generally moves in the opposite direction as compared to the market. If CorMedix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CorMedix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CorMedix is generally in the same direction as the market. If Beta > 1 CorMedix moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CorMedix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CorMedix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CorMedix growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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CorMedix March 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CorMedix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CorMedix. We use our internally-developed statistical techniques to arrive at the intrinsic value of CorMedix based on widely used predictive technical indicators. In general, we focus on analyzing CorMedix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CorMedix's daily price indicators and compare them against related drivers.
Downside Deviation | 3.89 | |||
Information Ratio | 0.07 | |||
Maximum Drawdown | 37.32 | |||
Value At Risk | (6.38) | |||
Potential Upside | 7.48 |
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When running CorMedix's price analysis, check to measure CorMedix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CorMedix is operating at the current time. Most of CorMedix's value examination focuses on studying past and present price action to predict the probability of CorMedix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CorMedix's price. Additionally, you may evaluate how the addition of CorMedix to your portfolios can decrease your overall portfolio volatility.
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