CareCloud Financials

CCLD Stock   3.95  0.79  25.00%   
Based on the measurements of operating efficiency obtained from CareCloud's historical financial statements, CareCloud may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, CareCloud's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Non Current Liabilities Total is expected to grow to about 13.4 M, whereas Short and Long Term Debt Total is forecasted to decline to about 7.8 M. Key indicators impacting CareCloud's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.240.2476
Sufficiently Down
Slightly volatile
Current Ratio1.160.9976
Fairly Up
Pretty Stable
Investors should never underestimate CareCloud's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CareCloud's cash flow, debt, and profitability to make informed and accurate decisions about investing in CareCloud.

Net Income

(46.24 Million)

  
Understanding current and past CareCloud Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CareCloud's financial statements are interrelated, with each one affecting the others. For example, an increase in CareCloud's assets may result in an increase in income on the income statement.
Please note, the presentation of CareCloud's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CareCloud's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CareCloud's management manipulating its earnings.

CareCloud Stock Summary

CareCloud competes with Forian, HealthStream, National Research, Streamline Health, and Privia Health. CareCloud is entity of United States. It is traded as Stock on NASDAQ exchange.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP14167R100 55378G102 58464J105
LocationNew Jersey; U.S.A
Business Address7 Clyde Road,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.carecloud.com
Phone732 873 5133

CareCloud Key Financial Ratios

CareCloud Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets56.4M138.0M140.8M136.2M77.8M60.3M
Other Current Liab5.7M15.3M17.3M12.7M13.9M7.4M
Net Debt(15.9M)(9.5M)7.5M1.5M11.4M12.0M
Retained Earnings(25.1M)(33.9M)(31.1M)(25.6M)(74.5M)(70.8M)
Accounts Payable3.5M6.5M5.9M5.7M5.8M2.9M
Cash20.0M20.9M9.3M12.3M3.3M3.2M
Net Receivables9.4M16.2M21.7M19.2M17.0M9.3M
Inventory491.1K399K503K381K465K414.8K
Total Liab13.6M36.8M42.9M34.5M36.1M19.5M
Total Current Assets31.0M44.8M35.6M34.7M23.2M19.8M
Short Term Debt2.0M5.1M4.3M2.6M2.2M3.0M
Intangible Assets6.0M30.0M30.8M29.5M25.1M12.9M
Common Stock12.6K13.0K14K16K17K11.7K
Good Will12.6M12.6M49.3M61.2M19.2M25.8M

CareCloud Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense382.7K488K455K405K1.2M1.3M
Total Revenue64.4M105.1M139.6M138.8M117.1M62.9M
Gross Profit23.3M40.3M52.7M54.4M46.2M25.2M
Operating Income(421.1K)(8.3M)3.5M4.1M(47.1M)(44.8M)
Ebit(421.1K)(8.2M)3.4M6.0M(47.8M)(45.5M)
Research Development870.8K9.3M4.4M4.4M4.7M2.5M
Ebitda2.6M4.6M19.2M21.0M(31.3M)(29.7M)
Cost Of Revenue41.2M64.8M86.9M84.4M70.8M37.7M
Income Before Tax(679.0K)(8.7M)3.0M5.6M(49.0M)(46.6M)
Net Income(871.8K)(8.8M)2.8M5.4M(48.7M)(46.2M)
Income Tax Expense192.8K103K157K177K(364K)(345.8K)

CareCloud Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash5.5M931K(10.6M)2.0M(9.0M)(8.5M)
Free Cash Flow5.1M(8.6M)2.8M9.4M3.8M4.0M
Depreciation3.1M10.1M12.7M15.6M16.6M17.4M
Other Non Cash Items2.9M3.2M2.9M(842K)44.3M46.5M
Capital Expenditures2.6M7.8M10.6M11.8M11.6M12.2M
Net Income(871.8K)(8.8M)2.8M5.4M(48.7M)(46.2M)
End Period Cash Flow20.0M20.9M10.3M12.3M3.3M3.2M
Dividends Paid6.1M11.4M14.4M15.3M14.3M8.3M
Change To Inventory(46.7K)92K(104K)122K(84K)(79.8K)

CareCloud Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CareCloud's current stock value. Our valuation model uses many indicators to compare CareCloud value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CareCloud competition to find correlations between indicators driving CareCloud's intrinsic value. More Info.
CareCloud is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, CareCloud's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value CareCloud by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

CareCloud Systematic Risk

CareCloud's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CareCloud volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on CareCloud correlated with the market. If Beta is less than 0 CareCloud generally moves in the opposite direction as compared to the market. If CareCloud Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CareCloud is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CareCloud is generally in the same direction as the market. If Beta > 1 CareCloud moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CareCloud Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CareCloud's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CareCloud growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.14E-4

At present, CareCloud's Price Earnings To Growth Ratio is projected to slightly grow based on the last few years of reporting.

CareCloud December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CareCloud help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CareCloud. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareCloud based on widely used predictive technical indicators. In general, we focus on analyzing CareCloud Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareCloud's daily price indicators and compare them against related drivers.

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When running CareCloud's price analysis, check to measure CareCloud's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareCloud is operating at the current time. Most of CareCloud's value examination focuses on studying past and present price action to predict the probability of CareCloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareCloud's price. Additionally, you may evaluate how the addition of CareCloud to your portfolios can decrease your overall portfolio volatility.
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