CorMedix Financials

CRMD Stock  USD 10.49  0.02  0.19%   
Based on the key measurements obtained from CorMedix's financial statements, CorMedix is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, CorMedix's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 10.8 M, whereas Total Liabilities is forecasted to decline to about 7.3 M. Key indicators impacting CorMedix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio4.066.27
Way Down
Slightly volatile
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

(39.62 Million)

  
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
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS21900C3088
CUSIP21900C308 21900C100
LocationNew Jersey; U.S.A
Business Address300 Connell Drive,
SectorPharmaceuticals
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.cormedix.com
Phone908 517 9500
CurrencyUSD - US Dollar

CorMedix Key Financial Ratios

CorMedix Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets49.3M68.9M62.0M82.1M94.4M99.1M
Other Current Liab2.9M3.0M4.0M7.0M8.0M8.4M
Accounts Payable1.1M2.2M2.2M4.3M4.9M5.2M
Cash42.1M53.6M43.4M43.6M50.2M52.7M
Other Current Assets1.7M954.0K758.8K1.3M1.5M1.6M
Total Liab5.1M6.1M7.0M11.9M13.7M7.3M
Common Stock33.6K38.1K42.8K54.9K63.2K36.3K
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 Assets48.2M66.5M59.6M79.5M91.4M95.9M
Short Term Debt109.1K121.4K134.8K150.6K135.6K128.8K
Net Tangible Assets23.6M44.2M62.8M55.1M63.3M66.5M
Capital Surpluse183.7M218.9M261.5M308.3M354.6M372.3M
Inventory338.5K143.6K3.0K2.1M2.4M2.5M
Net Invested Capital44.2M62.8M55.1M70.1M80.7M43.1M
Net Working Capital44.0M61.1M53.2M68.0M78.3M42.1M
Capital Stock33.8K38.3K43.0K55.1K49.6K40.7K

CorMedix Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense33.2K15.9K26.5K34.3K30.9K29.3K
Research Development13.4M13.1M10.7M13.2M15.1M10.2M
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 Profit34.4K42.0K61.7K(205.6K)(236.4K)(224.6K)
Cost Of Revenue204.8K148.9K3.7K205.6K236.4K235.3K
Interest Income116.1K14.4K326.0K2.7M3.1M3.2M
Net Interest Income82.8K(1.5K)299.5K2.6M3.0M3.2M

CorMedix Key Cash Accounts

202020212022202320242025 (projected)
Capital Expenditures112.6K1.4M219.4K327.3K376.4K395.2K
End Period Cash Flow42.1M53.6M43.4M43.8M50.4M52.9M
Change In Cash25.6M11.5M(10.2M)448.4K515.7K489.9K
Free Cash Flow(22.1M)(22.6M)(24.6M)(38.7M)(34.9M)(33.1M)
Depreciation128.0K61.9K84.6K70.8K81.4K46.3K
Other Non Cash Items60.0K7.1M124.4K134.8K121.3K115.3K
Net Income(22.0M)(28.2M)(29.7M)(46.3M)(41.7M)(39.6M)
Change To Inventory149.6K145.5K3.0K(2.1M)(1.9M)(1.8M)
Change To Netincome2.5M2.6M5.0M4.2M4.8M3.4M
Change Receivables52.0K10.6K(3.1K)(44.1K)(50.7K)(48.2K)
Investments7.5M(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

(0.15)

At present, CorMedix's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

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.

Complementary Tools for CorMedix Stock analysis

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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