CareCloud Other Current Assets from 2010 to 2024

CCLD Stock   2.96  0.14  4.96%   
CareCloud's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 5.2 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2012-12-31
Previous Quarter
5.8 M
Current Value
2.7 M
Quarterly Volatility
1.6 M
 
Yuan Drop
 
Covid
Check CareCloud financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareCloud's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.9 M, Interest Expense of 1.3 M or Selling General Administrative of 15.7 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.63 or PTB Ratio of 0.54. CareCloud financial statements analysis is a perfect complement when working with CareCloud Valuation or Volatility modules.
  
Check out the analysis of CareCloud Correlation against competitors.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.

Latest CareCloud's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of CareCloud over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. CareCloud's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareCloud's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

CareCloud Other Current Assets Regression Statistics

Arithmetic Mean1,941,439
Geometric Mean383,331
Coefficient Of Variation134.51
Mean Deviation2,298,467
Median347,227
Standard Deviation2,611,345
Sample Variance6.8T
Range7.3M
R-Value0.75
Mean Square Error3.2T
R-Squared0.57
Significance0
Slope439,478
Total Sum of Squares95.5T

CareCloud Other Current Assets History

20245.2 M
20234.9 M
20225.6 M
2021M
20207.3 M
201725.2 K
2016631.7 K

About CareCloud Financial Statements

CareCloud stakeholders use historical fundamental indicators, such as CareCloud's Other Current Assets, to determine how well the company is positioned to perform in the future. Although CareCloud investors may analyze each financial statement separately, they are all interrelated. For example, changes in CareCloud's assets and liabilities are reflected in the revenues and expenses on CareCloud's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CareCloud. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets4.9 M5.2 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 the analysis of CareCloud Correlation against competitors.
For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Earnings Share
(3.32)
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.