CareCloud Financials

CCLDO Stock   16.98  0.10  0.59%   
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 this time, CareCloud's Capital Lease Obligations is very stable compared to the past year. As of the 29th of November 2024, Net Invested Capital is likely to grow to about 90.9 M, while Total Assets are likely to drop about 60.3 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.

CareCloud Stock Summary

CareCloud competes with Evolent Health, Simulations Plus, Privia Health, HealthStream, and Certara. 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
CUSIP14167R308
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 Paid6.1M11.4M14.4M15.3M(14.3M)(13.6M)
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 this time, CareCloud's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CareCloud's earnings, one of the primary drivers of an investment's value.

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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 this time, CareCloud's Price Earnings To Growth Ratio is very stable compared to the past year.

CareCloud November 29, 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.
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CareCloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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.
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.