Carebook Technologies Stock Today

CRBK Stock  CAD 0.04  0.01  12.50%   

Performance

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Odds Of Distress

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Carebook Technologies is selling for under 0.045 as of the 3rd of January 2025; that is 12.50 percent increase since the beginning of the trading day. The stock's lowest day price was 0.045. Carebook Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 4th of December 2024 and ending today, the 3rd of January 2025. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Carebook Technologies Inc., digital health company, provides digital health and virtual care solutions for pharmacies, employers, and insurers. It also develops and commercializes mobile health management system for individuals, their families, pharmacies, insurers, employers, and clinics. The company has 102.75 M outstanding shares of which 36 shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Carebook Technologies

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Carebook Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Carebook Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Carebook Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive ChairmanSheldon MD
Business ConcentrationHealth Care Technology, Health Care Equipment & Services, Health Care, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors)
Carebook Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Carebook Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Carebook Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Carebook Technologies' financial leverage. It provides some insight into what part of Carebook Technologies' total assets is financed by creditors.
Liquidity
Carebook Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Carebook Technologies has accumulated 1.84 M in total debt with debt to equity ratio (D/E) of 1.37, which is about average as compared to similar companies. Carebook Technologies has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Carebook Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Carebook Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Carebook Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Carebook to invest in growth at high rates of return. When we think about Carebook Technologies' use of debt, we should always consider it together with cash and equity.

Net Income

(3.13 Million)
Carebook Technologies (CRBK) is traded on TSX Venture Exchange in Canada and employs 8 people. Carebook Technologies is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Carebook Technologies's market, we take the total number of its shares issued and multiply it by Carebook Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Carebook Technologies operates under Health Care Technology sector and is part of Health Care industry. The entity has 102.75 M outstanding shares of which 36 shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions. Carebook Technologies has accumulated about 1.24 M in cash with (806 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check Carebook Technologies Probability Of Bankruptcy
Ownership Allocation
Carebook Technologies holds a total of 102.75 Million outstanding shares. The majority of Carebook Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Carebook Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Carebook Technologies. Please pay attention to any change in the institutional holdings of Carebook Technologies as this could imply that something significant has changed or is about to change at the company. Also note that nearly nine million nine hundred ninety-seven thousand seven hundred seventy invesors are currently shorting Carebook Technologies expressing very little confidence in its future performance.
Check Carebook Ownership Details

Carebook Technologies Risk Profiles

Although Carebook Technologies' alpha and beta are two of the key measurements used to evaluate Carebook Technologies' performance over the market, the standard measures of volatility play an important role as well.

Carebook Stock Against Markets

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Carebook Technologies Corporate Management

Elected by the shareholders, the Carebook Technologies' board of directors comprises two types of representatives: Carebook Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carebook. The board's role is to monitor Carebook Technologies' management team and ensure that shareholders' interests are well served. Carebook Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Carebook Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Carebook Stock Analysis

When running Carebook Technologies' price analysis, check to measure Carebook Technologies' 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 Carebook Technologies is operating at the current time. Most of Carebook Technologies' value examination focuses on studying past and present price action to predict the probability of Carebook Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carebook Technologies' price. Additionally, you may evaluate how the addition of Carebook Technologies to your portfolios can decrease your overall portfolio volatility.