CareCloud Total Assets from 2010 to 2024

CCLDP Stock   16.54  0.24  1.47%   
CareCloud Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 60.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2012-12-31
Previous Quarter
74 M
Current Value
70.7 M
Quarterly Volatility
50.9 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.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.

Latest CareCloud's Total Assets Growth Pattern

Below is the plot of the Total Assets of CareCloud over the last few years. Total assets refers to the total amount of CareCloud assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CareCloud books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. CareCloud's Total 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.
ViewLast Reported 79.51 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

CareCloud Total Assets Regression Statistics

Arithmetic Mean51,837,876
Geometric Mean26,677,297
Coefficient Of Variation96.87
Mean Deviation40,046,820
Median28,323,706
Standard Deviation50,216,335
Sample Variance2521.7T
Range138M
R-Value0.79
Mean Square Error1011.7T
R-Squared0.63
Significance0.0004
Slope8,894,458
Total Sum of Squares35303.5T

CareCloud Total Assets History

202460.4 M
202379.5 M
2022136.2 M
2021140.8 M
2020138 M
201956.4 M
201847.6 M

Other Fundumenentals of CareCloud

CareCloud Total Assets component correlations

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0.960.920.820.02-0.690.970.940.920.330.950.820.87-0.740.70.770.780.690.8-0.640.86
0.960.940.820.05-0.660.970.930.910.240.950.820.91-0.820.770.680.80.630.82-0.670.85
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0.320.240.210.38-0.170.330.240.510.240.340.340.34-0.150.090.210.290.330.17-0.130.29
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0.780.750.61-0.01-0.70.820.820.790.790.340.760.71-0.60.590.530.540.390.62-0.540.61
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0.650.580.850.55-0.720.70.770.760.480.090.750.590.65-0.970.550.620.170.93-0.890.75
0.710.680.850.13-0.670.770.680.730.660.210.780.530.63-0.530.550.680.610.77-0.60.82
0.890.90.850.18-0.460.780.80.790.750.290.860.540.94-0.750.620.680.680.78-0.60.86
0.770.770.47-0.21-0.120.690.630.670.710.330.740.390.73-0.290.170.610.680.34-0.130.65
0.760.70.980.48-0.820.80.820.830.610.170.840.620.74-0.930.930.770.780.34-0.930.9
-0.56-0.49-0.88-0.580.88-0.64-0.67-0.7-0.45-0.13-0.66-0.54-0.530.9-0.89-0.6-0.6-0.13-0.93-0.83
0.860.810.940.32-0.740.860.850.890.740.290.910.610.82-0.820.750.820.860.650.9-0.83
Click cells to compare fundamentals

About CareCloud Financial Statements

CareCloud shareholders use historical fundamental indicators, such as Total 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. The changes in CareCloud's assets and liabilities, for example, are also reflected in the revenues and expenses on on CareCloud's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets79.5 M60.4 M
Intangibles To Total Assets 0.56  0.39 

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

  0.72DOCS DoximityPairCorr

Moving against CareCloud Stock

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  0.62PHG Koninklijke PhilipsPairCorr
  0.6FIGS Figs IncPairCorr
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 CorrelationCorrelation Matching

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.