CareRx Net Income Per Share vs Pb Ratio Analysis

CRRX Stock  CAD 2.65  0.05  1.85%   
CareRx Corp financial indicator trend analysis is way more than just evaluating CareRx Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareRx Corp is a good investment. Please check the relationship between CareRx Corp Net Income Per Share and its Pb Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareRx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income Per Share vs Pb Ratio

Net Income Per Share vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareRx Corp Net Income Per Share account and Pb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between CareRx Corp's Net Income Per Share and Pb Ratio is 0.05. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of CareRx Corp, assuming nothing else is changed. The correlation between historical values of CareRx Corp's Net Income Per Share and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income Per Share of CareRx Corp are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Net Income Per Share i.e., CareRx Corp's Net Income Per Share and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Income Per Share

Pb Ratio

Most indicators from CareRx Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareRx Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareRx Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, CareRx Corp's Issuance Of Capital Stock is very stable compared to the past year. As of the 18th of February 2025, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop about 28.8 M.
 2022 2023 2024 2025 (projected)
Total Revenue381.7M370.7M426.4M447.7M
Depreciation And Amortization20.1M20.0M23.0M13.2M

CareRx Corp fundamental ratios Correlations

0.50.40.840.240.870.10.890.110.090.83-0.040.370.950.580.840.780.180.270.10.20.880.86-0.090.790.5
0.50.160.350.370.53-0.230.580.29-0.230.23-0.210.420.490.060.290.79-0.090.07-0.130.920.560.63-0.24-0.03-0.2
0.40.16-0.06-0.240.590.390.43-0.630.390.430.72-0.030.130.10.030.430.78-0.210.78-0.110.470.320.570.040.67
0.840.35-0.060.280.58-0.140.660.4-0.150.66-0.270.430.950.660.970.5-0.080.49-0.160.150.630.7-0.350.890.24
0.240.37-0.240.28-0.04-0.560.310.82-0.560.01-0.770.040.32-0.050.170.28-0.70.12-0.710.420.370.42-0.80.17-0.32
0.870.530.590.58-0.040.280.86-0.250.280.830.260.210.730.360.580.820.47-0.010.40.180.820.780.230.510.61
0.1-0.230.39-0.14-0.560.28-0.08-0.721.00.050.440.21-0.040.370.03-0.010.420.130.44-0.35-0.08-0.190.650.080.31
0.890.580.430.660.310.86-0.080.12-0.090.89-0.060.010.830.160.590.880.2-0.150.10.270.980.98-0.080.60.51
0.110.29-0.630.40.82-0.25-0.720.12-0.72-0.09-0.880.160.310.020.270.06-0.840.28-0.870.450.130.26-0.930.21-0.48
0.09-0.230.39-0.15-0.560.281.0-0.09-0.720.050.440.21-0.040.370.03-0.020.420.130.43-0.35-0.08-0.20.640.080.31
0.830.230.430.660.010.830.050.89-0.090.050.16-0.140.750.210.60.660.4-0.190.32-0.110.830.820.070.710.74
-0.04-0.210.72-0.27-0.770.260.44-0.06-0.880.440.16-0.12-0.230.01-0.15-0.010.96-0.220.98-0.38-0.07-0.170.84-0.160.51
0.370.42-0.030.430.040.210.210.010.160.21-0.14-0.120.410.790.530.19-0.150.87-0.150.440.010.03-0.110.22-0.23
0.950.490.130.950.320.73-0.040.830.31-0.040.75-0.230.410.60.930.7-0.010.37-0.10.240.810.84-0.250.860.32
0.580.060.10.66-0.050.360.370.160.020.370.210.010.790.60.780.120.040.890.03-0.050.160.13-0.040.650.19
0.840.290.030.970.170.580.030.590.270.030.6-0.150.530.930.780.460.020.59-0.050.090.570.62-0.220.90.25
0.780.790.430.50.280.82-0.010.880.06-0.020.66-0.010.190.70.120.460.18-0.10.110.520.860.880.010.330.24
0.18-0.090.78-0.08-0.70.470.420.2-0.840.420.40.96-0.15-0.010.040.020.18-0.270.99-0.330.180.080.810.020.65
0.270.07-0.210.490.12-0.010.13-0.150.280.13-0.19-0.220.870.370.890.59-0.1-0.27-0.250.13-0.14-0.13-0.270.39-0.23
0.1-0.130.78-0.16-0.710.40.440.1-0.870.430.320.98-0.15-0.10.03-0.050.110.99-0.25-0.350.08-0.010.81-0.060.6
0.20.92-0.110.150.420.18-0.350.270.45-0.35-0.11-0.380.440.24-0.050.090.52-0.330.13-0.350.260.35-0.41-0.26-0.49
0.880.560.470.630.370.82-0.080.980.13-0.080.83-0.070.010.810.160.570.860.18-0.140.080.260.95-0.090.590.52
0.860.630.320.70.420.78-0.190.980.26-0.20.82-0.170.030.840.130.620.880.08-0.13-0.010.350.95-0.20.590.35
-0.09-0.240.57-0.35-0.80.230.65-0.08-0.930.640.070.84-0.11-0.25-0.04-0.220.010.81-0.270.81-0.41-0.09-0.2-0.170.42
0.79-0.030.040.890.170.510.080.60.210.080.71-0.160.220.860.650.90.330.020.39-0.06-0.260.590.59-0.170.46
0.5-0.20.670.24-0.320.610.310.51-0.480.310.740.51-0.230.320.190.250.240.65-0.230.6-0.490.520.350.420.46
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CareRx Corp Account Relationship Matchups

CareRx Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets156.1M282.8M264.5M231.9M266.7M178.4M
Total Current Liabilities43.3M53.0M63.9M62.4M71.8M60.0M
Total Stockholder Equity11.3M82.3M64.5M81.5M93.8M98.4M
Net Debt62.6M89.9M106.9M89.8M103.3M92.7M
Retained Earnings(220.2M)(242.9M)(277.3M)(282.7M)(254.4M)(241.7M)
Accounts Payable16.4M33.2M30.5M29.1M33.5M17.0M
Cash19.6M35.6M28.4M7.7M8.9M6.6M
Non Current Assets Total110.9M187.6M175.4M166.5M191.5M125.6M
Non Currrent Assets Other(68.0M)(110.9M)(187.6M)(175.4M)(157.8M)(149.9M)
Cash And Short Term Investments19.6M35.6M28.4M7.7M8.9M6.7M
Net Receivables15.4M38.1M37.3M36.1M41.5M22.2M
Common Stock Shares Outstanding20.3M34.9M47.6M57.3M66.0M69.2M
Liabilities And Stockholders Equity156.1M282.8M264.5M231.9M266.7M178.4M
Other Stockholder Equity41.7M41.8M34.5M33.6M38.7M33.0M
Total Liab144.8M200.5M200.1M150.4M172.9M156.1M
Total Current Assets45.2M95.2M89.2M65.4M75.2M52.8M
Short Long Term Debt Total85.8M131.4M135.2M97.5M112.1M139.4M
Other Current Liab20.9M18.5M23.4M21.0M24.1M15.5M
Property Plant And Equipment Net21.1M38.2M52.4M52.1M60.0M63.0M
Other Current Assets1.6M3.5M2.6M2.0M2.3M2.1M
Property Plant And Equipment Gross21.1M56.6M74.0M78.9M90.7M95.3M
Accumulated Other Comprehensive Income(18.4M)9.4M7.5M7.3M8.4M8.8M
Short Term Debt6.1M1.3M10.0M12.4M11.1M10.6M
Intangible Assets35.3M54.6M53.0M44.3M51.0M43.7M
Good Will27.2M51.7M92.1M70.0M80.5M77.9M
Current Deferred Revenue11K6.9M17.3M13.1M15.1M15.8M
Non Current Liabilities Total101.5M147.6M136.2M87.9M79.1M102.5M
Inventory8.6M18.0M20.3M19.7M22.6M12.3M
Common Stock189.8M283.5M299.8M323.3M371.8M390.4M
Long Term Debt71.9M112.0M99.4M57.1M51.4M59.3M
Long Term Debt Total20.6M79.7M130.2M125.2M112.7M67.1M
Capital Surpluse30.1M31.4M32.3M34.5M39.7M32.0M
Property Plant Equipment20.0M21.1M38.2M52.4M60.3M63.3M
Other Liab18.4M21.7M17.4M11.0M9.9M15.6M
Net Tangible Assets(65.9M)(75.8M)(64.4M)(58.5M)(67.3M)(70.6M)
Capital Lease Obligations9.6M18.7M28.4M30.8M35.4M37.2M
Short Long Term Debt4.2M733K7.4M9.9M8.9M8.5M
Non Current Liabilities Other4.0M2.6M3.7M2.8M2.5M2.6M
Cash And Equivalents61K19.6M35.6M28.4M32.6M34.3M

Other Information on Investing in CareRx Stock

Balance Sheet is a snapshot of the financial position of CareRx Corp at a specified time, usually calculated after every quarter, six months, or one year. CareRx Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CareRx Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CareRx currently owns. An asset can also be divided into two categories, current and non-current.