CareCloud Financials

CCLDP Stock   16.91  0.57  3.49%   
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 Net Invested Capital is relatively stable compared to the past year. 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
CUSIP55378G201 58464J204 14167R209
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

The reason investors look at the income statement is to determine what CareCloud's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
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 relatively stable compared to the past year. 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 ten with a total number of output elements of fifty-one. 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.

Steps to analyze company Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as CareCloud is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of CareCloud has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if CareCloud's financials are consistent with your investment objective using the following steps:
  • Review CareCloud's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand CareCloud's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare CareCloud's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if CareCloud's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
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 relatively 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.

Additional Tools for CareCloud Stock Analysis

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.