CareCloud Historical Cash Flow
| CCLDP Stock | 16.91 0.57 3.49% |
Analysis of CareCloud cash flow over time is an excellent tool to project CareCloud future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 4 M or Begin Period Cash Flow of 8.2 M as it is a great indicator of CareCloud ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining CareCloud latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CareCloud is a good buy for the upcoming year.
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About CareCloud Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in CareCloud balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which CareCloud's non-liquid assets can be easily converted into cash.
CareCloud Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by CareCloud to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CareCloud operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Total Cashflows From Investing Activities
The net amount of cash used in or generated from a company's investment activities, such as purchasing or selling assets, during a reporting period.Most accounts from CareCloud's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into CareCloud current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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.At this time, CareCloud's Change To Netincome is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Change To Netincome | 5.0M | 4.1M | 3.7M | 4.0M | Issuance Of Capital Stock | 2.7M | 30.9M | 1.4M | 1.4M |
CareCloud cash flow statement Correlations
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CareCloud Account Relationship Matchups
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CareCloud cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.5M | 931K | (10.6M) | 2.0M | (9.0M) | (8.5M) | |
| Stock Based Compensation | 3.2M | 6.5M | 5.4M | 4.9M | 4.9M | 2.7M | |
| Free Cash Flow | 5.1M | (8.6M) | 2.8M | 9.4M | 3.8M | 4.0M | |
| Change In Working Capital | (820.7K) | (11.8M) | (10.8M) | (4.0M) | (1.1M) | (1.2M) | |
| Begin Period Cash Flow | 14.5M | 20.0M | 20.9M | 10.3M | 12.3M | 8.2M | |
| Other Cashflows From Financing Activities | 8.0M | 65.0M | (2.2M) | 23.3M | (97K) | (92.2K) | |
| Depreciation | 3.1M | 10.1M | 12.7M | 15.6M | 16.6M | 17.4M | |
| Other Non Cash Items | 2.9M | 3.2M | 2.9M | (842K) | 44.3M | 46.5M | |
| Capital Expenditures | 2.6M | 7.8M | 10.6M | 11.8M | 11.6M | 12.2M | |
| Total Cash From Operating Activities | 7.6M | (892K) | 13.3M | 21.2M | 15.5M | 16.2M | |
| Change To Account Receivables | 765.1K | 394K | (620K) | 1.5M | 1.6M | 1.6M | |
| Net Income | (871.8K) | (8.8M) | 2.8M | 5.4M | (48.7M) | (46.2M) | |
| Total Cash From Financing Activities | 1.4M | 33.4M | (519K) | (7.7M) | (13.3M) | (12.6M) | |
| End Period Cash Flow | 20.0M | 20.9M | 10.3M | 12.3M | 3.3M | 3.2M | |
| Sale Purchase Of Stock | (1.4M) | (2.2M) | 32.4M | (20.0M) | (1.5M) | (1.4M) | |
| Dividends Paid | 6.1M | 11.4M | 14.4M | 15.3M | 14.3M | 8.3M | |
| Change To Inventory | (46.7K) | 92K | (104K) | 122K | (84K) | (79.8K) |
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
Moving against CareCloud Stock
| 0.76 | EKSO | Ekso Bionics Holdings | PairCorr |
| 0.73 | FLGT | Fulgent Genetics | PairCorr |
| 0.59 | FEMY | Femasys | PairCorr |
| 0.57 | EDAP | EDAP TMS SA | PairCorr |
| 0.54 | VERO | Venus Concept | PairCorr |
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.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.