CareCloud Capital Stock vs Current Deferred Revenue Analysis

CCLDO Stock

16.98 0.10 0.59%

CareCloud financial indicator trend analysis is way more than just evaluating CareCloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareCloud is a good investment. Please check the relationship between CareCloud Capital Stock and its Current Deferred Revenue accounts. 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.

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CareCloud's Capital Stock and Current Deferred Revenue is 0.98. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of CareCloud are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., CareCloud's Capital Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from CareCloud's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareCloud current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.As of the 29th of November 2024, Selling General Administrative is likely to drop to about 15.7 M. In addition to that, Tax Provision is likely to grow to about (345.8 K)

	2021	2022	2023	2024 (projected)
Interest Expense	455K	405K	1.2M	1.3M
Depreciation And Amortization	15.8M	15.0M	16.6M	17.4M

Interest Expense Depreciation And Amortization

CareCloud fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will
Total Assets		0.76	0.96	0.94	0.99	0.96	0.8	-0.01	-0.55	0.95	0.66	0.99	0.6	0.66	0.96	0.72	0.76	0.37	0.9	0.96	0.93	0.93	0.32	0.96	0.78	0.97
Short Long Term Debt Total	0.76		0.8	0.88	0.66	0.77	0.72	0.49	-0.55	0.77	0.27	0.79	0.29	0.27	0.76	0.61	0.87	0.46	0.69	0.73	0.93	0.6	0.71	0.82	0.67	0.75
Other Current Liab	0.96	0.8		0.97	0.92	0.97	0.84	0.13	-0.66	0.97	0.53	0.95	0.6	0.53	0.97	0.74	0.8	0.36	0.85	0.96	0.96	0.87	0.33	0.98	0.8	0.9
Total Current Liabilities	0.94	0.88	0.97		0.88	0.94	0.8	0.19	-0.63	0.96	0.54	0.94	0.53	0.54	0.93	0.67	0.81	0.43	0.85	0.92	0.99	0.85	0.54	0.96	0.79	0.89
Total Stockholder Equity	0.99	0.66	0.92	0.88		0.93	0.76	-0.12	-0.49	0.92	0.71	0.97	0.61	0.71	0.94	0.69	0.69	0.33	0.89	0.95	0.86	0.94	0.24	0.93	0.75	0.97
Property Plant And Equipment Net	0.96	0.77	0.97	0.94	0.93		0.83	0.04	-0.62	0.97	0.62	0.95	0.61	0.62	0.95	0.77	0.78	0.3	0.88	0.96	0.94	0.9	0.3	0.96	0.74	0.89
Current Deferred Revenue	0.8	0.72	0.84	0.8	0.76	0.83		0.4	-0.79	0.82	0.25	0.83	0.54	0.25	0.82	0.8	0.92	0.17	0.8	0.82	0.84	0.67	0.21	0.87	0.61	0.79
Net Debt	-0.01	0.49	0.13	0.19	-0.12	0.04	0.4		-0.31	0.02	-0.68	0.1	-0.07	-0.68	0.05	0.17	0.54	-0.02	0.06	-0.03	0.28	-0.29	0.38	0.18	-0.01	0.08
Retained Earnings	-0.55	-0.55	-0.66	-0.63	-0.49	-0.62	-0.79	-0.31		-0.69	-0.24	-0.52	-0.32	-0.24	-0.66	-0.67	-0.77	-0.46	-0.41	-0.69	-0.64	-0.57	-0.17	-0.6	-0.7	-0.45
Accounts Payable	0.95	0.77	0.97	0.96	0.92	0.97	0.82	0.02	-0.69		0.64	0.93	0.59	0.64	0.97	0.78	0.77	0.38	0.84	0.98	0.94	0.92	0.33	0.95	0.82	0.87
Cash	0.66	0.27	0.53	0.54	0.71	0.62	0.25	-0.68	-0.24	0.64		0.56	0.35	1.0	0.59	0.35	0.2	0.42	0.51	0.66	0.47	0.86	0.15	0.49	0.6	0.55
Non Current Assets Total	0.99	0.79	0.95	0.94	0.97	0.95	0.83	0.1	-0.52	0.93	0.56		0.6	0.56	0.95	0.71	0.79	0.33	0.91	0.94	0.94	0.87	0.34	0.98	0.75	0.98
Non Currrent Assets Other	0.6	0.29	0.6	0.53	0.61	0.61	0.54	-0.07	-0.32	0.59	0.35	0.6		0.35	0.59	0.56	0.37	-0.17	0.63	0.59	0.5	0.55	-0.04	0.59	0.39	0.56
Cash And Short Term Investments	0.66	0.27	0.53	0.54	0.71	0.62	0.25	-0.68	-0.24	0.64	1.0	0.56	0.35		0.59	0.35	0.2	0.42	0.51	0.66	0.47	0.86	0.15	0.49	0.6	0.55
Net Receivables	0.96	0.76	0.97	0.93	0.94	0.95	0.82	0.05	-0.66	0.97	0.59	0.95	0.59	0.59		0.82	0.79	0.37	0.8	0.98	0.93	0.91	0.24	0.95	0.82	0.91
Common Stock Shares Outstanding	0.72	0.61	0.74	0.67	0.69	0.77	0.8	0.17	-0.67	0.78	0.35	0.71	0.56	0.35	0.82		0.75	0.12	0.63	0.79	0.73	0.68	0.01	0.72	0.53	0.67
Non Current Liabilities Total	0.76	0.87	0.8	0.81	0.69	0.78	0.92	0.54	-0.77	0.77	0.2	0.79	0.37	0.2	0.79	0.75		0.35	0.67	0.76	0.87	0.61	0.4	0.82	0.66	0.76
Inventory	0.37	0.46	0.36	0.43	0.33	0.3	0.17	-0.02	-0.46	0.38	0.42	0.33	-0.17	0.42	0.37	0.12	0.35		0.11	0.44	0.42	0.43	0.46	0.3	0.76	0.35
Other Current Assets	0.9	0.69	0.85	0.85	0.89	0.88	0.8	0.06	-0.41	0.84	0.51	0.91	0.63	0.51	0.8	0.63	0.67	0.11		0.83	0.84	0.78	0.34	0.91	0.53	0.89
Other Stockholder Equity	0.96	0.73	0.96	0.92	0.95	0.96	0.82	-0.03	-0.69	0.98	0.66	0.94	0.59	0.66	0.98	0.79	0.76	0.44	0.83		0.92	0.94	0.24	0.95	0.86	0.89
Total Liab	0.93	0.93	0.96	0.99	0.86	0.94	0.84	0.28	-0.64	0.94	0.47	0.94	0.5	0.47	0.93	0.73	0.87	0.42	0.84	0.92		0.81	0.52	0.96	0.78	0.89
Total Current Assets	0.93	0.6	0.87	0.85	0.94	0.9	0.67	-0.29	-0.57	0.92	0.86	0.87	0.55	0.86	0.91	0.68	0.61	0.43	0.78	0.94	0.81		0.24	0.84	0.79	0.85
Short Term Debt	0.32	0.71	0.33	0.54	0.24	0.3	0.21	0.38	-0.17	0.33	0.15	0.34	-0.04	0.15	0.24	0.01	0.4	0.46	0.34	0.24	0.52	0.24		0.34	0.34	0.34
Intangible Assets	0.96	0.82	0.98	0.96	0.93	0.96	0.87	0.18	-0.6	0.95	0.49	0.98	0.59	0.49	0.95	0.72	0.82	0.3	0.91	0.95	0.96	0.84	0.34		0.76	0.93
Common Stock	0.78	0.67	0.8	0.79	0.75	0.74	0.61	-0.01	-0.7	0.82	0.6	0.75	0.39	0.6	0.82	0.53	0.66	0.76	0.53	0.86	0.78	0.79	0.34	0.76		0.71
Good Will	0.97	0.75	0.9	0.89	0.97	0.89	0.79	0.08	-0.45	0.87	0.55	0.98	0.56	0.55	0.91	0.67	0.76	0.35	0.89	0.89	0.89	0.85	0.34	0.93	0.71

Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.4M	138.0M	140.8M	136.2M	77.8M	60.3M
Short Long Term Debt Total	4.1M	11.5M	16.9M	13.8M	14.7M	7.8M
Other Current Liab	5.7M	15.3M	17.3M	12.7M	13.9M	7.4M
Total Current Liabilities	11.2M	29.0M	29.6M	22.4M	23.3M	13.9M
Total Stockholder Equity	42.8M	101.2M	97.9M	101.7M	41.7M	40.8M
Property Plant And Equipment Net	6.4M	12.7M	12.3M	10.0M	9.7M	5.1M
Current Deferred Revenue	20.3K	1.2M	1.1M	1.4M	1.4M	1.4M
Net Debt	(15.9M)	(9.5M)	7.5M	1.5M	11.4M	12.0M
Retained Earnings	(25.1M)	(33.9M)	(31.1M)	(25.6M)	(74.5M)	(70.8M)
Accounts Payable	3.5M	6.5M	5.9M	5.7M	5.8M	2.9M
Cash	20.0M	20.9M	9.3M	12.3M	3.3M	3.2M
Non Current Assets Total	25.4M	93.2M	105.3M	101.5M	54.6M	40.5M
Non Currrent Assets Other	356.6K	1.2M	981K	838K	641K	505.4K
Cash And Short Term Investments	20.0M	20.9M	9.3M	12.3M	3.3M	3.2M
Net Receivables	9.4M	16.2M	21.7M	19.2M	17.0M	9.3M
Common Stock Shares Outstanding	12.1M	12.7M	14.5M	15.1M	15.7M	12.9M
Liabilities And Stockholders Equity	56.4M	138.0M	140.8M	136.2M	77.8M	60.3M
Non Current Liabilities Total	2.4M	7.7M	13.4M	12.1M	12.8M	13.4M
Inventory	491.1K	399K	503K	381K	465K	414.8K
Other Stockholder Equity	68.7M	136.1M	130.7M	130.3M	120.0M	64.7M
Total Liab	13.6M	36.8M	42.9M	34.5M	36.1M	19.5M
Total Current Assets	31.0M	44.8M	35.6M	34.7M	23.2M	19.8M
Accumulated Other Comprehensive Income	(843.0K)	(1.0M)	(1.8M)	(3.0M)	(3.9M)	(3.7M)
Short Term Debt	2.0M	5.1M	4.3M	2.6M	2.2M	3.0M
Intangible Assets	6.0M	30.0M	30.8M	29.5M	25.1M	12.9M
Common Stock	12.6K	13.0K	14K	16K	17K	11.7K
Good Will	12.6M	12.6M	49.3M	61.2M	19.2M	25.8M

Pair Trading with CareCloud

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CareCloud position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CareCloud will appreciate offsetting losses from the drop in the long position's value.

Moving together with CareCloud Stock

0.83	GH	Guardant Health	Pair Corr
0.67	LH	Laboratory	Pair Corr

Moving against CareCloud Stock

0.71	EKSO	Ekso Bionics Holdings	Pair Corr
0.54	DRIO	DarioHealth Corp	Pair Corr
0.5	VERO	Venus Concept	Pair Corr

The ability to find closely correlated positions to CareCloud could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareCloud when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CareCloud - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CareCloud to buy it.

The correlation of CareCloud is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CareCloud moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareCloud moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CareCloud can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In CareCloud

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Is CareCloud Stock a good investment?

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What is CareCloud's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Largest Health Care Equipment & Services Companies

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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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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CareCloud Capital Stock vs Current Deferred Revenue Analysis

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Capital Stock

Current Deferred Revenue

CareCloud fundamental ratios Correlations

CareCloud Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CareCloud fundamental ratios Accounts

Pair Trading with CareCloud

Moving together with CareCloud Stock

Moving against CareCloud Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Intangible Assets	+ 0.98	Other Current Liab
Other Stockholder Equity	+ 0.98	Accounts Payable

Retained Earnings	- 0.79	Current Deferred Revenue
Non Current Liabilities Total	- 0.77	Retained Earnings
Common Stock	- 0.7	Retained Earnings
Other Stockholder Equity	- 0.69	Retained Earnings
Accounts Payable	- 0.69	Retained Earnings
Cash And Short Term Investments	- 0.68	Net Debt