CareCloud Income Tax Expense from 2010 to 2024

CCLD Stock   4.46  0.12  2.76%   
CareCloud's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is projected to go to about -345.8 K this year. During the period from 2010 to 2024 CareCloud Income Tax Expense annual values regression line had geometric mean of  86,910 and mean square error of 27.7 B. View All Fundamentals
 
Income Tax Expense  
First Reported
2012-09-30
Previous Quarter
39 K
Current Value
41 K
Quarterly Volatility
139.4 K
 
Yuan Drop
 
Covid
Check CareCloud financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareCloud's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.4 M, Interest Expense of 1.3 M or Selling General Administrative of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.63 or PTB Ratio of 0.54. CareCloud financial statements analysis is a perfect complement when working with CareCloud Valuation or Volatility modules.
  
Check out the analysis of CareCloud Correlation against competitors.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.

Latest CareCloud's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of CareCloud over the last few years. It is CareCloud's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareCloud's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

CareCloud Income Tax Expense Regression Statistics

Arithmetic Mean64,912
Geometric Mean86,910
Coefficient Of Variation305.53
Mean Deviation150,245
Median144,490
Standard Deviation198,325
Sample Variance39.3B
Range607.8K
R-Value(0.59)
Mean Square Error27.7B
R-Squared0.35
Significance0.02
Slope(26,086)
Total Sum of Squares550.7B

CareCloud Income Tax Expense History

2024-345.8 K
2023-364 K
2022177 K
2021157 K
2020103 K
2019192.8 K
2018-157.4 K

About CareCloud Financial Statements

CareCloud stakeholders use historical fundamental indicators, such as CareCloud's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although CareCloud investors may analyze each financial statement separately, they are all interrelated. For example, changes in CareCloud's assets and liabilities are reflected in the revenues and expenses on CareCloud's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CareCloud. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense-364 K-345.8 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CareCloud is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CareCloud Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Carecloud Stock. Highlighted below are key reports to facilitate an investment decision about Carecloud Stock:
Check out the analysis of CareCloud Correlation against competitors.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareCloud. If investors know CareCloud will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareCloud listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.32)
Revenue Per Share
7.008
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.0006)
Return On Equity
(0.66)
The market value of CareCloud is measured differently than its book value, which is the value of CareCloud that is recorded on the company's balance sheet. Investors also form their own opinion of CareCloud's value that differs from its market value or its book value, called intrinsic value, which is CareCloud's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareCloud's market value can be influenced by many factors that don't directly affect CareCloud's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareCloud's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareCloud is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareCloud's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.