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 (CHHHF) - Net Assets
Latest net assets as of September 2025: $87.39 Million USD
Based on the latest financial reports, CareRx Corporation (CHHHF) has net assets worth $87.39 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($223.99 Million) and total liabilities ($136.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $87.39 Million |
| % of Total Assets | 39.02% |
| Annual Growth Rate | 31.56% |
| 5-Year Change | 645.18% |
| 10-Year Change | 463.59% |
| Growth Volatility | 223.13 |
CareRx Corporation - Net Assets Trend (2002–2024)
This chart illustrates how CareRx Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CareRx Corporation (2002–2024)
The table below shows the annual net assets of CareRx Corporation from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $84.23 Million | +3.31% |
| 2023-12-31 | $81.53 Million | +26.48% |
| 2022-12-31 | $64.46 Million | -21.67% |
| 2021-12-31 | $82.29 Million | +628.01% |
| 2020-12-31 | $11.30 Million | +156.63% |
| 2019-12-31 | $-19.96 Million | -160.83% |
| 2018-12-31 | $-7.65 Million | -138.01% |
| 2017-12-31 | $20.13 Million | +583.60% |
| 2016-12-31 | $2.94 Million | -80.29% |
| 2015-12-31 | $14.95 Million | +143.94% |
| 2014-12-31 | $-34.01 Million | -328.08% |
| 2013-12-31 | $14.91 Million | -84.19% |
| 2012-12-31 | $94.34 Million | +53.11% |
| 2011-12-31 | $61.62 Million | +172.94% |
| 2010-12-31 | $22.58 Million | +42.68% |
| 2009-12-31 | $15.82 Million | +123.81% |
| 2008-12-31 | $7.07 Million | +17.20% |
| 2007-12-31 | $6.03 Million | +156.26% |
| 2006-12-31 | $2.35 Million | +5.09% |
| 2005-12-31 | $2.24 Million | -8.06% |
| 2004-12-31 | $2.44 Million | +326.69% |
| 2003-12-31 | $571.00K | +183.19% |
| 2002-12-31 | $201.63K | -- |
Equity Component Analysis
This analysis shows how different components contribute to CareRx Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 28712992300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $331.11 Million | 393.11% |
| Other Comprehensive Income | $583.00K | 0.69% |
| Other Components | $39.73 Million | 47.17% |
| Total Equity | $84.23 Million | 100.00% |
CareRx Corporation Competitors by Market Cap
The table below lists competitors of CareRx Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SESHAASAI TECHNOLOGIES L
NSE:STYL
|
$63.67 Million |
|
Kumpulan Perangsang Selangor
KLSE:5843
|
$63.68 Million |
|
Talbros Automotive Components Limited
NSE:TALBROAUTO
|
$63.70 Million |
|
Waratah Minerals Limited
F:0FS0
|
$63.70 Million |
|
Paninvest Tbk
JK:PNIN
|
$63.64 Million |
|
PT Temas Tbk
JK:TMAS
|
$63.64 Million |
|
Adi Sarana Armada Tbk
JK:ASSA
|
$63.59 Million |
|
GOLFZON NEWDIN HOLDINGS Co. Ltd
KQ:121440
|
$63.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CareRx Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 81,526,000 to 84,228,000, a change of 2,702,000 (3.3%).
- Net loss of 4,501,000 reduced equity.
- Share repurchases of 801,000 reduced equity.
- Other comprehensive income decreased equity by 6,713,999.
- Other factors increased equity by 14,717,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.50 Million | -5.34% |
| Share Repurchases | $801.00K | -0.95% |
| Other Comprehensive Income | $-6.71 Million | -7.97% |
| Other Changes | $14.72 Million | +17.47% |
| Total Change | $- | 3.31% |
Book Value vs Market Value Analysis
This analysis compares CareRx Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.48x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $1.27 | $1.88 | x |
| 2003-12-31 | $0.66 | $1.88 | x |
| 2004-12-31 | $2.24 | $1.88 | x |
| 2005-12-31 | $1.70 | $1.88 | x |
| 2006-12-31 | $1.86 | $1.88 | x |
| 2007-12-31 | $3.72 | $1.88 | x |
| 2008-12-31 | $3.49 | $1.88 | x |
| 2009-12-31 | $4.80 | $1.88 | x |
| 2010-12-31 | $6.21 | $1.88 | x |
| 2011-12-31 | $11.93 | $1.88 | x |
| 2012-12-31 | $12.15 | $1.88 | x |
| 2013-12-31 | $1.53 | $1.88 | x |
| 2014-12-31 | $-4.85 | $1.88 | x |
| 2015-12-31 | $1.79 | $1.88 | x |
| 2016-12-31 | $0.31 | $1.88 | x |
| 2017-12-31 | $2.02 | $1.88 | x |
| 2018-12-31 | $-0.77 | $1.88 | x |
| 2019-12-31 | $-1.82 | $1.88 | x |
| 2020-12-31 | $0.56 | $1.88 | x |
| 2021-12-31 | $2.36 | $1.88 | x |
| 2022-12-31 | $1.35 | $1.88 | x |
| 2023-12-31 | $1.42 | $1.88 | x |
| 2024-12-31 | $1.40 | $1.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CareRx Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.23%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 2.65x
- Recent ROE (-5.34%) is above the historical average (-53.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -29.30% | -2.05% | 12.34x | 1.16x | $-79.24K |
| 2003 | 85.59% | 7.15% | 3.57x | 3.36x | $431.64K |
| 2004 | 5.36% | 1.83% | 1.82x | 1.61x | $-113.03K |
| 2005 | -15.54% | -3.69% | 2.17x | 1.94x | $-572.09K |
| 2006 | 2.10% | 0.40% | 2.86x | 1.83x | $-185.93K |
| 2007 | 14.06% | 5.30% | 1.65x | 1.61x | $218.06K |
| 2008 | 14.74% | 6.03% | 1.76x | 1.39x | $306.34K |
| 2009 | 10.36% | 4.48% | 1.16x | 2.00x | $57.70K |
| 2010 | 19.17% | 6.93% | 1.12x | 2.46x | $2.07 Million |
| 2011 | -14.69% | -4.47% | 0.46x | 7.14x | $-15.10 Million |
| 2012 | -7.76% | -1.66% | 0.90x | 5.19x | $-16.62 Million |
| 2013 | -642.62% | -19.98% | 1.16x | 27.60x | $-92.51 Million |
| 2014 | 0.00% | -18.65% | 0.98x | 0.00x | $-53.93 Million |
| 2015 | 322.66% | 28.37% | 0.43x | 26.44x | $44.65 Million |
| 2016 | -761.79% | -11.76% | 1.08x | 60.04x | $-19.94 Million |
| 2017 | 11.58% | 1.35% | 1.17x | 7.34x | $311.30K |
| 2018 | 0.00% | -25.13% | 1.01x | 0.00x | $-30.31 Million |
| 2019 | 0.00% | -36.65% | 1.43x | 0.00x | $-43.68 Million |
| 2020 | -160.87% | -11.21% | 1.04x | 13.81x | $-19.31 Million |
| 2021 | -27.62% | -8.65% | 0.93x | 3.44x | $-30.96 Million |
| 2022 | -53.30% | -9.00% | 1.44x | 4.10x | $-40.80 Million |
| 2023 | -6.63% | -1.46% | 1.60x | 2.84x | $-13.56 Million |
| 2024 | -5.34% | -1.23% | 1.64x | 2.65x | $-12.92 Million |
Industry Comparison
This section compares CareRx Corporation's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CareRx Corporation (CHHHF) | $87.39 Million | -29.30% | 1.56x | $63.66 Million |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |