CareCloud Total Current Assets vs Retained Earnings Analysis
CCLD Stock | 2.82 0.03 1.05% |
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 Total Current Assets and its Retained Earnings 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 bureau of economic analysis. For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.
Total Current Assets vs Retained Earnings
Total Current Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between CareCloud's Total Current Assets and Retained Earnings is -0.57. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Total Current Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of CareCloud are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., CareCloud's Total Current Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.57 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 bureau of economic analysis. For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.As of November 23, 2024, Selling General Administrative is expected to decline to about 15.7 M. The current year's Tax Provision is expected 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 | 17.0M | 17.9M |
CareCloud fundamental ratios Correlations
Click cells to compare fundamentals
CareCloud Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CareCloud fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 56.4M | 138.0M | 140.8M | 136.2M | 79.5M | 60.4M | |
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 | 56.3M | 40.7M | |
Non Currrent Assets Other | 356.6K | 1.2M | 981K | 838K | 2.3M | 2.4M | |
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 | 79.5M | 60.4M | |
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 | 37.8M | 19.7M | |
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 |
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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 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 bureau of economic analysis. For information on how to trade CareCloud Stock refer to our How to Trade CareCloud Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.