This firm currently holds 1.07 B in liabilities with Debt to Equity (D/E) ratio of 1.33, which is about average as compared to similar companies. The company has a current ratio of 1.93, which is within standard range for the sector. Debt can assist Cano Health until it has trouble settling it off, either with new capital or with free cash flow. So, Cano Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cano Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cano Health to invest in growth at high rates of return. When we think about Cano Health's use of debt, we should always consider it together with cash and equity. On a scale of 0 to 100, Cano Health holds a performance score of 5. The firm shows a Beta (market volatility) of 2.8634, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cano Health's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cano Health will likely underperform. Although it is vital to follow Cano Health historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-seven technical indicators for Cano Health, which you can use to evaluate the performance of the firm. Please makes use of Cano Health treynor ratio, as well as the relationship between the semi variance and daily balance of power to make a quick decision on whether Cano Health price patterns will revert.
