CareRx Corporation
CareRx Corporation, together with its subsidiaries, provides pharmacy services to senior homes and other congregate care settings in Canada. The company offers medication management, technology, and program services. It serves long-term care homes, retirement homes, assisted living facilities, and group homes. The company was formerly known as Centric Health Corporation and changed its name to Ca… Read more
CareRx Corporation - Asset Resilience Ratio
CareRx Corporation (CHHHF) has an Asset Resilience Ratio of -0.22% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2023)
This chart shows how CareRx Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down CareRx Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-480.00K | -0.22% |
| Total Liquid Assets | $-480.00K | -0.22% |
Asset Resilience Insights
- Limited Liquidity: CareRx Corporation maintains only -0.22% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
CareRx Corporation Industry Peers by Asset Resilience Ratio
Compare CareRx Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xian International Medical Investment Co Ltd
SHE:000516 |
Medical Care Facilities | 0.14% |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044 |
Medical Care Facilities | 0.04% |
|
Hengkang Medical Group Co Ltd
SHE:002219 |
Medical Care Facilities | 0.10% |
|
TMC Life Sciences Bhd
KLSE:0101 |
Medical Care Facilities | 11.68% |
|
Optimax Holdings Sdn Bhd
KLSE:0222 |
Medical Care Facilities | 13.92% |
|
Cengild Medical Berhad
KLSE:0243 |
Medical Care Facilities | 27.79% |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283 |
Medical Care Facilities | 19.20% |
|
ALPHA
KLSE:0303 |
Medical Care Facilities | 40.66% |
Annual Asset Resilience Ratio for CareRx Corporation (2011–2023)
The table below shows the annual Asset Resilience Ratio data for CareRx Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.29% | $-680.00K | $231.89 Million | -- |
| 2018-12-31 | 0.00% | $0.00 | $122.59 Million | -- |
| 2017-12-31 | 0.00% | $0.00 | $144.51 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $155.09 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $377.58 Million | -- |
| 2014-12-31 | 9.97% | $31.24 Million | $313.24 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $391.30 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $485.99 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $436.69 Million | -- |