Carerx Corp Stock Market Capitalization

CRRX Stock  CAD 2.65  0.02  0.75%   
CareRx Corp fundamentals help investors to digest information that contributes to CareRx Corp's financial success or failures. It also enables traders to predict the movement of CareRx Stock. The fundamental analysis module provides a way to measure CareRx Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CareRx Corp stock.
Last ReportedProjected for Next Year
Market Cap87.3 M91.7 M
  
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CareRx Corp Company Market Capitalization Analysis

CareRx Corp's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

 = 

Shares Outstanding

X

Share Price

More About Market Capitalization | All Equity Analysis

Current CareRx Corp Market Capitalization

    
  168.24 M  
Most of CareRx Corp's fundamental indicators, such as Market Capitalization, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CareRx Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CareRx Market Capitalization Driver Correlations

Understanding the fundamental principles of building solid financial models for CareRx Corp is extremely important. It helps to project a fair market value of CareRx Stock properly, considering its historical fundamentals such as Market Capitalization. Since CareRx Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CareRx Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CareRx Corp's interrelated accounts and indicators.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

CareRx Long Term Debt To Capitalization

Long Term Debt To Capitalization

0.45

At this time, CareRx Corp's Long Term Debt To Capitalization is very stable compared to the past year.
Based on the recorded statements, the market capitalization of CareRx Corp is about 168.24 M. This is 98.7% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The market capitalization for all Canada stocks is 99.12% higher than that of the company.

CareRx Market Capitalization Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CareRx Corp's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CareRx Corp could also be used in its relative valuation, which is a method of valuing CareRx Corp by comparing valuation metrics of similar companies.
CareRx Corp is currently under evaluation in market capitalization category among its peers.

CareRx Fundamentals

About CareRx Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CareRx Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CareRx Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CareRx Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Other Information on Investing in CareRx Stock

CareRx Corp financial ratios help investors to determine whether CareRx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareRx with respect to the benefits of owning CareRx Corp security.