CareRx (TSX:CRRX) Total Assets : C$223.5 Mil (As of Dec. 2024)

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What is CareRx Total Assets?

CareRx's Total Assets for the quarter that ended in Dec. 2024 was C$223.5 Mil.

During the past 12 months, CareRx's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was -4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 18.60% per year. During the past 10 years, the average Total Assets Growth Rate was -1.20% per year.

During the past 13 years, CareRx's highest 3-Year average Total Assets Growth Rate was 344.40%. The lowest was -30.10%. And the median was 12.75%.

Total Assets is connected with ROA %. CareRx's annualized ROA % for the quarter that ended in Dec. 2024 was -4.05%. Total Assets is also linked to Revenue through Asset Turnover. CareRx's Asset Turnover for the quarter that ended in Dec. 2024 was 0.42.

CareRx Total Assets Historical Data

The historical data trend for CareRx's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CareRx Total Assets Chart

CareRx Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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156.11

282.82

264.54

231.89

223.54

CareRx Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															231.89	228.03	218.58	219.52	223.54

CareRx Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

CareRx's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	84.228	+	139.31
	=	223.5

CareRx's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	84.228	+	139.31
	=	223.5

CareRx (TSX:CRRX) Total Assets Explanation

Total Assets is connected with ROA %.

CareRx's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-8.98	/	( (219.517	+	223.538)	/ 2 )
	=	-8.98	/	221.5275
	=	-4.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

CareRx's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	92.181	/	( (219.517	+	223.538)	/ 2 )
=	92.181	/	221.5275
=	0.42

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

CareRx Total Assets Related Terms

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CareRx Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareRx Corp (TSX:CRRX) » Definitions » Total Assets

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CHHHF:USA 29C1:Germany

Address

320 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 4A6

Website

https://www.carerx.ca

CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education and medication system quality and efficiency. The Company has one reportable segment which consists of the Company-owned and operated institutional pharmacy business. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.

Executives

Kevin Dalton	Director
Maria Perrella	Director
Jeff Watson	Director
Keith L. Mcintosh	Director
Andrew Wai-kit Mok	Director
Puneet Khanna	Senior Officer
Ryan Stempfle	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Alpinder Grewal	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

CareRx Headlines

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