CareMax Inc (CMAX) — Working Capital to Net Assets Ratio
CareMax Inc (CMAX) has a Working Capital to Net Assets ratio of 274.9% as of June 2024. Working capital of $-406.20 Million (current assets of $123.47 Million minus current liabilities of $529.67 Million) is measured against net assets of $-147.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See CareMax Inc (CMAX) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CareMax Inc Working Capital to Net Assets (2018–2023)
This chart shows how CareMax Inc's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 274.9%, reflecting working capital of $-406.20 Million against net assets of $-147.76 Million USD. For the complete balance sheet picture, see CareMax Inc balance sheet assets.
Annual Working Capital to Net Assets for CareMax Inc (2018–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for CareMax Inc from 2018 to 2023, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check CareMax Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -415.8% | $-255.46 Million | $61.44 Million | $183.35 Million | $438.81 Million | ▼ -435.1 pp |
| 2022 | 19.4% | $120.01 Million | $619.55 Million | $197.34 Million | $77.32 Million | ▲ +2.3 pp |
| 2021 | 17.0% | $86.08 Million | $505.37 Million | $108.04 Million | $21.96 Million | ▼ -123.1 pp |
| 2020 | 140.2% | $9.43 Million | $6.73 Million | $14.88 Million | $5.45 Million | ▲ +4.2 pp |
| 2019 | 136.0% | $6.72 Million | $4.95 Million | $10.06 Million | $3.34 Million | ▲ +95.2 pp |
| 2018 | 40.8% | $1.58 Million | $3.88 Million | $4.63 Million | $3.05 Million | — |