CareMax Inc (CMAX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CareMax Inc (CMAX) has a cash flow conversion efficiency ratio of 0.165x as of June 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-24.31 Million) by net assets ($-147.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of CareMax Inc to measure how much of total assets are equity-financed.
CareMax Inc - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how CareMax Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CareMax Inc (CMAX) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
CareMax Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CareMax Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Waldencast Acquisition Corp
NASDAQ:WALDW
|
-0.003x |
|
Ascent Resources plc
LSE:AST
|
2.990x |
|
Goldenbridge Acquisition Limited
NASDAQ:GBRGW
|
-0.006x |
|
Artemis UK Future Leaders plc
LSE:AFL
|
0.013x |
|
Auddia Inc
NASDAQ:AUUDW
|
-0.436x |
|
Yugo Metals Limited
AU:YUG
|
N/A |
|
Ordinary Fully Paid Deferred Settlement
AU:IPTDA
|
N/A |
|
Ageson Bhd
KLSE:7145
|
0.619x |
Annual Cash Flow Conversion Efficiency for CareMax Inc (2018–2023)
The table below shows the annual cash flow conversion efficiency of CareMax Inc from 2018 to 2023. For the full company profile with market capitalisation and key ratios, see CareMax Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $61.44 Million | $-46.91 Million | -0.764x | -593.43% |
| 2022-12-31 | $619.55 Million | $-68.22 Million | -0.110x | -133.25% |
| 2021-12-31 | $505.37 Million | $-23.86 Million | -0.047x | -105.97% |
| 2020-12-31 | $6.73 Million | $5.32 Million | 0.790x | -44.28% |
| 2019-12-31 | $4.95 Million | $7.02 Million | 1.418x | +840.58% |
| 2018-12-31 | $3.88 Million | $584.75K | 0.151x | -- |
About CareMax Inc
CareMax, Inc. provides care and chronic disease management services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation; and services to children and adults through Medicaid programs, as well as through comme… Read more