CareCloud Ev To Sales vs Book Value Per Share Analysis

CCLDO Stock

18.90 0.36 1.87%

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 Ev To Sales and its Book Value Per Share 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.

Ev To Sales vs Book Value Per Share

Ev To Sales vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Ev To Sales account and Book Value Per Share. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CareCloud's Ev To Sales and Book Value Per Share is -0.59. Overlapping area represents the amount of variation of Ev To Sales that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Ev To Sales and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ev To Sales of CareCloud are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Ev To Sales i.e., CareCloud's Ev To Sales and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.59

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

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.At this time, CareCloud's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 19th of January 2025, Enterprise Value is likely to grow to about 33.6 M, while Selling General Administrative is likely to drop about 15.7 M.

	2022	2023	2024	2025 (projected)
Interest Expense	405K	1.2M	1.4M	1.4M
Depreciation And Amortization	15.0M	16.6M	19.0M	20.0M

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		0.71	0.88	0.93	0.98	0.9	0.77	0.04	-0.58	0.87	0.63	0.99	0.61	0.63	0.89	0.68	0.73	0.39	0.9	0.9	0.85	0.93	0.32	0.9	0.78	0.96
Short Long Term Debt Total	0.71		0.86	0.84	0.61	0.83	0.85	0.62	-0.75	0.84	0.15	0.74	0.31	0.15	0.82	0.67	0.96	0.46	0.64	0.8	0.95	0.58	0.61	0.87	0.69	0.68
Other Current Liab	0.88	0.86		0.91	0.82	0.98	0.94	0.33	-0.84	0.98	0.37	0.88	0.57	0.37	0.98	0.75	0.9	0.39	0.77	0.97	0.97	0.81	0.29	0.98	0.79	0.81
Total Current Liabilities	0.93	0.84	0.91		0.85	0.9	0.81	0.28	-0.71	0.9	0.46	0.93	0.54	0.46	0.88	0.72	0.81	0.46	0.84	0.88	0.92	0.84	0.5	0.91	0.82	0.84
Total Stockholder Equity	0.98	0.61	0.82	0.85		0.86	0.7	-0.09	-0.49	0.82	0.7	0.97	0.62	0.7	0.85	0.61	0.64	0.34	0.89	0.86	0.77	0.94	0.23	0.85	0.72	0.97
Property Plant And Equipment Net	0.9	0.83	0.98	0.9	0.86		0.92	0.23	-0.79	0.98	0.47	0.89	0.59	0.47	0.96	0.77	0.88	0.33	0.82	0.97	0.95	0.85	0.27	0.97	0.74	0.82
Current Deferred Revenue	0.77	0.85	0.94	0.81	0.7	0.92		0.47	-0.84	0.93	0.17	0.79	0.53	0.17	0.92	0.81	0.94	0.23	0.76	0.92	0.94	0.65	0.19	0.96	0.66	0.71
Net Debt	0.04	0.62	0.33	0.28	-0.09	0.23	0.47		-0.37	0.24	-0.68	0.15	-0.03	-0.68	0.25	0.31	0.59	0.04	0.1	0.18	0.45	-0.22	0.36	0.35	0.11	0.09
Retained Earnings	-0.58	-0.75	-0.84	-0.71	-0.49	-0.79	-0.84	-0.37		-0.86	-0.19	-0.56	-0.36	-0.19	-0.83	-0.77	-0.82	-0.5	-0.44	-0.85	-0.82	-0.59	-0.15	-0.78	-0.78	-0.43
Accounts Payable	0.87	0.84	0.98	0.9	0.82	0.98	0.93	0.24	-0.86		0.45	0.85	0.56	0.45	0.98	0.78	0.88	0.4	0.76	0.99	0.96	0.85	0.29	0.96	0.8	0.78
Cash	0.63	0.15	0.37	0.46	0.7	0.47	0.17	-0.68	-0.19	0.45		0.53	0.33	1.0	0.43	0.22	0.13	0.39	0.49	0.49	0.31	0.83	0.16	0.35	0.51	0.55
Non Current Assets Total	0.99	0.74	0.88	0.93	0.97	0.89	0.79	0.15	-0.56	0.85	0.53		0.61	0.53	0.88	0.68	0.76	0.36	0.91	0.87	0.86	0.87	0.33	0.91	0.75	0.97
Non Currrent Assets Other	0.61	0.31	0.57	0.54	0.62	0.59	0.53	-0.03	-0.36	0.56	0.33	0.61		0.33	0.56	0.54	0.39	-0.14	0.63	0.56	0.48	0.57	-0.04	0.56	0.41	0.56
Cash And Short Term Investments	0.63	0.15	0.37	0.46	0.7	0.47	0.17	-0.68	-0.19	0.45	1.0	0.53	0.33		0.43	0.22	0.13	0.39	0.49	0.49	0.31	0.83	0.16	0.35	0.51	0.55
Net Receivables	0.89	0.82	0.98	0.88	0.85	0.96	0.92	0.25	-0.83	0.98	0.43	0.88	0.56	0.43		0.81	0.89	0.39	0.74	0.98	0.95	0.85	0.22	0.96	0.8	0.83
Common Stock Shares Outstanding	0.68	0.67	0.75	0.72	0.61	0.77	0.81	0.31	-0.77	0.78	0.22	0.68	0.54	0.22	0.81		0.78	0.21	0.59	0.78	0.74	0.64	0.0	0.74	0.63	0.56
Non Current Liabilities Total	0.73	0.96	0.9	0.81	0.64	0.88	0.94	0.59	-0.82	0.88	0.13	0.76	0.39	0.13	0.89	0.78		0.38	0.64	0.87	0.96	0.6	0.35	0.92	0.7	0.69
Inventory	0.39	0.46	0.39	0.46	0.34	0.33	0.23	0.04	-0.5	0.4	0.39	0.36	-0.14	0.39	0.39	0.21	0.38		0.13	0.45	0.43	0.44	0.45	0.34	0.76	0.35
Other Current Assets	0.9	0.64	0.77	0.84	0.89	0.82	0.76	0.1	-0.44	0.76	0.49	0.91	0.63	0.49	0.74	0.59	0.64	0.13		0.76	0.76	0.78	0.34	0.84	0.53	0.88
Other Stockholder Equity	0.9	0.8	0.97	0.88	0.86	0.97	0.92	0.18	-0.85	0.99	0.49	0.87	0.56	0.49	0.98	0.78	0.87	0.45	0.76		0.94	0.87	0.22	0.96	0.83	0.81
Total Liab	0.85	0.95	0.97	0.92	0.77	0.95	0.94	0.45	-0.82	0.96	0.31	0.86	0.48	0.31	0.95	0.74	0.96	0.43	0.76	0.94		0.75	0.45	0.97	0.77	0.79
Total Current Assets	0.93	0.58	0.81	0.84	0.94	0.85	0.65	-0.22	-0.59	0.85	0.83	0.87	0.57	0.83	0.85	0.64	0.6	0.44	0.78	0.87	0.75		0.24	0.79	0.78	0.84
Short Term Debt	0.32	0.61	0.29	0.5	0.23	0.27	0.19	0.36	-0.15	0.29	0.16	0.33	-0.04	0.16	0.22	0.0	0.35	0.45	0.34	0.22	0.45	0.24		0.31	0.3	0.34
Intangible Assets	0.9	0.87	0.98	0.91	0.85	0.97	0.96	0.35	-0.78	0.96	0.35	0.91	0.56	0.35	0.96	0.74	0.92	0.34	0.84	0.96	0.97	0.79	0.31		0.76	0.85
Common Stock	0.78	0.69	0.79	0.82	0.72	0.74	0.66	0.11	-0.78	0.8	0.51	0.75	0.41	0.51	0.8	0.63	0.7	0.76	0.53	0.83	0.77	0.78	0.3	0.76		0.67
Good Will	0.96	0.68	0.81	0.84	0.97	0.82	0.71	0.09	-0.43	0.78	0.55	0.97	0.56	0.55	0.83	0.56	0.69	0.35	0.88	0.81	0.79	0.84	0.34	0.85	0.67

Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	138.0M	140.8M	136.2M	77.8M	89.5M	60.3M
Short Long Term Debt Total	11.5M	16.9M	13.8M	14.7M	16.9M	17.8M
Other Current Liab	15.3M	17.3M	12.7M	13.9M	16.0M	16.8M
Total Current Liabilities	29.0M	29.6M	22.4M	23.3M	26.8M	13.9M
Total Stockholder Equity	101.2M	97.9M	101.7M	41.7M	48.0M	40.8M
Property Plant And Equipment Net	12.7M	12.3M	10.0M	9.7M	11.1M	11.7M
Current Deferred Revenue	1.2M	1.1M	1.4M	1.4M	1.6M	1.7M
Net Debt	(9.5M)	7.5M	1.5M	11.4M	10.3M	10.8M
Retained Earnings	(33.9M)	(31.1M)	(25.6M)	(74.5M)	(67.0M)	(63.7M)
Accounts Payable	6.5M	5.9M	5.7M	5.8M	6.7M	7.0M
Cash	20.9M	9.3M	12.3M	3.3M	3.8M	3.6M
Non Current Assets Total	93.2M	105.3M	101.5M	54.6M	62.8M	40.5M
Non Currrent Assets Other	1.2M	981K	838K	641K	737.2K	505.4K
Cash And Short Term Investments	20.9M	9.3M	12.3M	3.3M	3.8M	3.6M
Net Receivables	16.2M	21.7M	19.2M	17.0M	19.5M	20.5M
Common Stock Shares Outstanding	12.7M	14.5M	15.1M	15.7M	18.0M	12.9M
Liabilities And Stockholders Equity	138.0M	140.8M	136.2M	77.8M	89.5M	60.3M
Non Current Liabilities Total	7.7M	13.4M	12.1M	12.8M	14.7M	15.5M
Inventory	399K	503K	381K	465K	534.8K	414.8K
Other Current Assets	7.3M	4.0M	5.6M	2.5M	2.8M	1.8M
Other Stockholder Equity	136.1M	130.7M	130.3M	120.0M	138.1M	145.0M
Total Liab	36.8M	42.9M	34.5M	36.1M	41.5M	43.6M
Total Current Assets	44.8M	35.6M	34.7M	23.2M	26.7M	19.8M
Accumulated Other Comprehensive Income	(1.0M)	(1.8M)	(3.0M)	(3.9M)	(3.5M)	(3.3M)
Short Term Debt	5.1M	4.3M	2.6M	2.2M	2.5M	3.0M
Intangible Assets	30.0M	30.8M	29.5M	25.1M	28.8M	30.3M
Common Stock	13.0K	14K	16K	17K	19.6K	11.7K
Good Will	12.6M	49.3M	61.2M	19.2M	22.1M	25.8M
Long Term Debt	41K	8.0M	8.0M	10.0M	11.5M	12.1M
Capital Lease Obligations	11.0M	8.5M	5.5M	4.4M	4.0M	5.3M
Net Invested Capital	101.7M	106.3M	110.0M	52.0M	59.8M	90.9M
Property Plant And Equipment Gross	12.7M	12.3M	10.0M	18.3M	21.1M	13.1M
Short Long Term Debt	401K	344K	319K	292K	262.8K	262.3K
Capital Stock	19K	21K	22K	23K	26.5K	22.1K
Net Working Capital	15.8M	6.0M	12.3M	(57K)	(51.3K)	(48.7K)

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

0.65	EW	Edwards Lifesciences Corp Sell-off Trend	Pair Corr
0.9	GH	Guardant Health	Pair Corr

Moving against CareCloud Stock

0.89	EKSO	Ekso Bionics Holdings	Pair Corr
0.82	EDAP	EDAP TMS SA	Pair Corr
0.81	ELAB	Elevai Labs, Common	Pair Corr
0.8	ENSG	Ensign Group	Pair Corr
0.67	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

Details

Is CareCloud Stock a good investment?

Details

What is CareCloud's Net Worth?

Details

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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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.

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CareCloud Ev To Sales vs Book Value Per Share Analysis

Ev To Sales vs Book Value Per Share

Ev To Sales vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Ev To Sales

Book Value Per Share

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
Non Current Assets Total	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Accounts Payable
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Net	+ 0.98	Other Current Liab
Accounts Payable	+ 0.98	Other Current Liab

Accounts Payable	- 0.86	Retained Earnings
Other Stockholder Equity	- 0.85	Retained Earnings
Retained Earnings	- 0.84	Current Deferred Revenue
Retained Earnings	- 0.84	Other Current Liab
Net Receivables	- 0.83	Retained Earnings
Total Liab	- 0.82	Retained Earnings