CareMax Balance Sheet Health
Financial Health criteria checks 1/6
CareMax has a total shareholder equity of $20.4M and total debt of $373.1M, which brings its debt-to-equity ratio to 1828.7%. Its total assets and total liabilities are $614.2M and $593.8M respectively.
Key information
1,828.7%
Debt to equity ratio
US$373.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$41.48m |
| Equity | US$20.40m |
| Total liabilities | US$593.80m |
| Total assets | US$614.20m |
Recent financial health updates
Recent updates
CareMax, Inc.'s (NASDAQ:CMAX) Subdued P/S Might Signal An Opportunity
Jun 20
Here's What Analysts Are Forecasting For CareMax, Inc. (NASDAQ:CMAX) After Its First-Quarter Results
May 13Analysts Have Just Cut Their CareMax, Inc. (NASDAQ:CMAX) Revenue Estimates By 11%
Mar 11CareMax: Numbers Are Strong, Compelling Value On Offer
Sep 16CareMax GAAP EPS of -$0.11 misses by $0.09, revenue of $172.28M beats by $36.85M
Aug 09CareMax: Steward Health Care Acquisition Highlights Growth Ambitions
Jul 02CareMax: Network Of Comprehensive Care Centers Serving Medicare Beneficiaries
Oct 18Financial Position Analysis
Short Term Liabilities: CMAX's short term assets ($156.1M) do not cover its short term liabilities ($507.1M).
Long Term Liabilities: CMAX's short term assets ($156.1M) exceed its long term liabilities ($86.7M).
Debt to Equity History and Analysis
Debt Level: CMAX's net debt to equity ratio (1625.4%) is considered high.
Reducing Debt: CMAX's debt to equity ratio has increased from 147.2% to 1828.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CMAX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55% each year