CareMax Inc Cash Flow Conversion Efficiency
CareMax Inc 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.
Cash Flow Conversion Efficiency of CareMax Inc (2018–2023)
Cash flow conversion efficiency of CareMax Inc from 2018 to 2023. This chart illustrates how CareMax Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CMAX stock price for real-time trading data and today's change.
CareMax Inc Cash Flow Conversion Ratio Explained
CareMax Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
CareMax Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CareMax Inc ranked by their cash flow conversion efficiency. Also see how much is CareMax Inc worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ordinary Fully Paid Deferred Settlement
AU:RCMDB
|
N/A |
|
Ageson Bhd
KLSE:7145
|
0.619x |
|
China New Higher Education Group Limited
STU:8CN
|
0.002x |
|
Artemis UK Future Leaders plc
LSE:AFL
|
0.013x |
|
Auddia Inc
NASDAQ:AUUDW
|
-0.436x |
|
Trevena Inc
NASDAQ:TRVN
|
0.193x |
|
Ordinary Fully Paid Deferred Settlement
AU:IPTDA
|
N/A |
|
Ore Resources Limited
AU:OR3
|
N/A |
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. Review CareMax Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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