CareMax Inc Working Capital to Net Assets Ratio
CareMax Inc 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. Check CMAX tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of CareMax Inc (2018–2023)
Working capital to net assets ratio of CareMax Inc from 2018 to 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. See defensive interval ratio of CareMax Inc to measure how many days the company can operate on defensive assets alone.
CareMax Inc Working Capital to Net Assets Ratio by Year (2018–2023)
CareMax Inc working capital to net assets ratio by year from 2018 to 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. For the complete balance sheet picture, see CareMax Inc (CMAX) total assets.
| 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 | — |