CareMax Inc (CMAX) - Total Assets
Based on the latest financial reports, CareMax Inc (CMAX) holds total assets worth $454.04 Million USD as of June 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check CMAX cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
CareMax Inc - Total Assets Trend (2018–2023)
This chart illustrates how CareMax Inc's total assets have evolved over time, based on quarterly financial data. Check earnings quality score of CareMax Inc to evaluate the quality of earnings relative to operating cash generation.
CareMax Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
CareMax Inc's total assets of $454.04 Million consist of 29.4% current assets and 70.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.5% |
| Accounts Receivable | $114.75 Million | 18.4% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $101.24 Million | 16.2% |
| Goodwill | $156.84 Million | 25.2% |
Asset Composition Trend (2018–2023)
This chart illustrates how CareMax Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see CMAX stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CareMax Inc's current assets represent 29.4% of total assets in 2023, a decrease from 55.1% in 2018.
- Cash Position: Cash and equivalents constituted 10.5% of total assets in 2023, up from 3.4% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 11.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 25.2% of total assets.
CareMax Inc Competitors by Total Assets
Key competitors of CareMax Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Waystar Holding Corp. Common Stock
NASDAQ:WAY
|
USA | $5.84 Billion |
|
Oneview Healthcare Plc
AU:ONE
|
Australia | AU$15.49 Million |
|
Forian Inc
NASDAQ:FORA
|
USA | $44.13 Million |
|
CardioComm Solutions Inc.
V:EKG
|
Canada | CA$256.24K |
|
Kovo Healthtech Corp
V:KOVO
|
Canada | CA$6.64 Million |
|
NexgenRX Inc.
V:NXG
|
Canada | CA$39.20 Million |
|
Intrasense
PA:ALINS
|
France | €7.99 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
Germany | €4.86 Million |
CareMax Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.23 | 2.23 | 3.02 |
| Quick Ratio | 0.23 | 2.23 | 3.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-406.20 Million | $120.58 Million | $6.72 Million |
CareMax Inc - Advanced Valuation Insights
This section examines the relationship between CareMax Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -46.8% |
| Total Assets | $623.30 Million |
| Market Capitalization | $381.50 USD |
Valuation Analysis
Below Book Valuation: The market values CareMax Inc's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: CareMax Inc's assets decreased by 46.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for CareMax Inc (2018–2023)
The table below shows the annual total assets of CareMax Inc from 2018 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $623.30 Million | -46.76% |
| 2022-12-31 | $1.17 Billion | +79.26% |
| 2021-12-31 | $653.09 Million | +1596.21% |
| 2020-12-31 | $38.50 Million | +58.25% |
| 2019-12-31 | $24.33 Million | +189.70% |
| 2018-12-31 | $8.40 Million | -- |
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