CareRx Corporation

CareRx Corporationverified

CRRX.TO

Price:

$1.87

Market Cap:

$112.34M

CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. The company operates a network of pharmacy fulfilment centers that provide chronic medication and other specialty clinical pharmacy services. It serves approximately 50,000 residents in approximately 900 seniors and other communities, including 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 CareRx Corporation in June 2020. CareRx Corporation was incorporated in 2001 and is headquartered in Toronto, Canada.[Read more]

Industry

Medical - Care Facilities

IPO Date

2008-02-13

Stock Exchange

TSX

Ticker

CRRX.TO

The Current Ratio as of September 2024 (TTM) for CareRx Corporation (CRRX.TO) is 0.99

According to CareRx Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.99. This represents a change of -9.66% compared to the average of 1.10 of the last 4 quarters.

CareRx Corporation (CRRX.TO) Historical Current Ratio (quarterly & annually)

How has CRRX.TO Current Ratio performed in the past?

The mean historical Current Ratio of CareRx Corporation over the last ten years is 1.12. The current 0.99 Current Ratio has changed 8.76% with respect to the historical average. Over the past ten years (40 quarters), CRRX.TO's Current Ratio was at its highest in in the December 2015 quarter at 2.89. The Current Ratio was at its lowest in in the December 2017 quarter at 0.23.

Quarterly (TTM)
Annual

Average

1.12

Median

1.05

Minimum

0.23

Maximum

2.89

CareRx Corporation (CRRX.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CareRx Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 271.11%

Maximum Annual Current Ratio = 2.89

Minimum Annual Increase = -79.29%

Minimum Annual Current Ratio = 0.23

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-24.96%
20221.40-22.37%
20211.8072.46%
20201.04271.11%
20190.28-29.38%
20180.4069.85%
20170.23-60.93%
20160.60-79.29%
20152.8990.70%
20141.5219.99%

CareRx Corporation (CRRX.TO) Average Current Ratio

How has CRRX.TO Current Ratio performed in the past?

The current Current Ratio of CareRx Corporation (CRRX.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.41

5-year avg

1.11

10-year avg

1.12

CareRx Corporation (CRRX.TO) Current Ratio vs. Peers

How is CRRX.TO’s Current Ratio compared to its peers?

CareRx Corporation’s Current Ratio is greater than Think Research Corporation (0.32), greater than mdf commerce inc. (0.71), greater than Baylin Technologies Inc. (0.88), less than D2L Inc. (1.00), less than Velan Inc. (2.63),

CompanyCurrent RatioMarket cap
0.32$24.82M
0.71$254.59M
0.88$58.94M
1.00$717.62M
2.63$139.88M

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