CareCloud Good Will vs Other Current Liab Analysis

CCLDO Stock

18.46 0.21 1.15%

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 Good Will and its Other Current Liab 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.

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Good Will account and Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CareCloud's Good Will and Other Current Liab is 0.88. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Good Will and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of CareCloud are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Good Will i.e., CareCloud's Good Will and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Current Liab

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.

As of the 3rd of May 2025, Tax Provision is likely to grow to about 168 K, while Selling General Administrative is likely to drop about 15.9 M.

	2022	2023	2024	2025 (projected)
Interest Expense	405K	1.2M	900K	548.0K
Depreciation And Amortization	15.0M	16.6M	16.5M	17.3M

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		0.72	0.95	0.93	0.99	0.95	0.82	-0.04	-0.55	0.95	0.67	0.99	0.63	0.67	0.94	0.68	0.78	0.38	0.93	0.94	0.93	0.93	0.29	0.96	0.75	0.97
Short Long Term Debt Total	0.72		0.72	0.82	0.63	0.7	0.59	0.51	-0.35	0.7	0.28	0.75	0.45	0.28	0.66	0.45	0.94	0.39	0.63	0.63	0.89	0.56	0.67	0.76	0.54	0.71
Other Current Liab	0.95	0.72		0.97	0.91	0.97	0.88	0.1	-0.71	0.97	0.51	0.94	0.6	0.51	0.97	0.75	0.78	0.41	0.84	0.97	0.95	0.87	0.28	0.98	0.81	0.88
Total Current Liabilities	0.93	0.82	0.97		0.88	0.95	0.83	0.17	-0.67	0.96	0.52	0.93	0.6	0.52	0.92	0.68	0.8	0.46	0.84	0.92	0.98	0.85	0.49	0.96	0.79	0.88
Total Stockholder Equity	0.99	0.63	0.91	0.88		0.93	0.77	-0.15	-0.5	0.92	0.72	0.97	0.62	0.72	0.92	0.66	0.71	0.35	0.93	0.93	0.86	0.94	0.2	0.92	0.72	0.97
Property Plant And Equipment Net	0.95	0.7	0.97	0.95	0.93		0.86	0.01	-0.67	0.98	0.6	0.94	0.61	0.6	0.95	0.77	0.77	0.34	0.88	0.96	0.93	0.9	0.24	0.96	0.75	0.88
Current Deferred Revenue	0.82	0.59	0.88	0.83	0.77	0.86		0.22	-0.8	0.86	0.3	0.83	0.54	0.3	0.86	0.84	0.69	0.24	0.77	0.86	0.84	0.7	0.15	0.9	0.68	0.77
Net Debt	-0.04	0.51	0.1	0.17	-0.15	0.01	0.22		-0.06	0.0	-0.68	0.08	0.0	-0.68	0.02	0.09	0.46	-0.05	-0.09	-0.07	0.27	-0.33	0.4	0.16	-0.06	0.05
Retained Earnings	-0.55	-0.35	-0.71	-0.67	-0.5	-0.67	-0.8	-0.06		-0.73	-0.29	-0.52	-0.31	-0.29	-0.73	-0.77	-0.41	-0.52	-0.41	-0.76	-0.63	-0.59	-0.08	-0.63	-0.78	-0.43
Accounts Payable	0.95	0.7	0.97	0.96	0.92	0.98	0.86	0.0	-0.73		0.62	0.92	0.59	0.62	0.97	0.78	0.76	0.41	0.85	0.98	0.94	0.92	0.28	0.95	0.82	0.86
Cash	0.67	0.28	0.51	0.52	0.72	0.6	0.3	-0.68	-0.29	0.62		0.56	0.39	1.0	0.55	0.3	0.29	0.4	0.64	0.62	0.47	0.86	0.14	0.49	0.54	0.57
Non Current Assets Total	0.99	0.75	0.94	0.93	0.97	0.94	0.83	0.08	-0.52	0.92	0.56		0.63	0.56	0.92	0.67	0.82	0.34	0.92	0.92	0.94	0.87	0.31	0.97	0.72	0.98
Non Currrent Assets Other	0.63	0.45	0.6	0.6	0.62	0.61	0.54	0.0	-0.31	0.59	0.39	0.63		0.39	0.56	0.47	0.49	0.0	0.65	0.57	0.59	0.57	0.18	0.61	0.44	0.6
Cash And Short Term Investments	0.67	0.28	0.51	0.52	0.72	0.6	0.3	-0.68	-0.29	0.62	1.0	0.56	0.39		0.55	0.3	0.29	0.4	0.64	0.62	0.47	0.86	0.14	0.49	0.54	0.57
Net Receivables	0.94	0.66	0.97	0.92	0.92	0.95	0.86	0.02	-0.73	0.97	0.55	0.92	0.56	0.55		0.83	0.75	0.42	0.8	0.98	0.91	0.9	0.17	0.94	0.84	0.87
Common Stock Shares Outstanding	0.68	0.45	0.75	0.68	0.66	0.77	0.84	0.09	-0.77	0.78	0.3	0.67	0.47	0.3	0.83		0.59	0.22	0.57	0.81	0.68	0.66	-0.11	0.71	0.62	0.61
Non Current Liabilities Total	0.78	0.94	0.78	0.8	0.71	0.77	0.69	0.46	-0.41	0.76	0.29	0.82	0.49	0.29	0.75	0.59		0.31	0.68	0.71	0.9	0.61	0.39	0.83	0.56	0.77
Inventory	0.38	0.39	0.41	0.46	0.35	0.34	0.24	-0.05	-0.52	0.41	0.4	0.34	0.0	0.4	0.42	0.22	0.31		0.18	0.48	0.43	0.44	0.41	0.33	0.77	0.35
Other Current Assets	0.93	0.63	0.84	0.84	0.93	0.88	0.77	-0.09	-0.41	0.85	0.64	0.92	0.65	0.64	0.8	0.57	0.68	0.18		0.84	0.83	0.85	0.27	0.9	0.55	0.9
Other Stockholder Equity	0.94	0.63	0.97	0.92	0.93	0.96	0.86	-0.07	-0.76	0.98	0.62	0.92	0.57	0.62	0.98	0.81	0.71	0.48	0.84		0.9	0.93	0.17	0.94	0.87	0.86
Total Liab	0.93	0.89	0.95	0.98	0.86	0.93	0.84	0.27	-0.63	0.94	0.47	0.94	0.59	0.47	0.91	0.68	0.9	0.43	0.83	0.9		0.81	0.48	0.96	0.75	0.88
Total Current Assets	0.93	0.56	0.87	0.85	0.94	0.9	0.7	-0.33	-0.59	0.92	0.86	0.87	0.57	0.86	0.9	0.66	0.61	0.44	0.85	0.93	0.81		0.2	0.84	0.77	0.84
Short Term Debt	0.29	0.67	0.28	0.49	0.2	0.24	0.15	0.4	-0.08	0.28	0.14	0.31	0.18	0.14	0.17	-0.11	0.39	0.41	0.27	0.17	0.48	0.2		0.3	0.26	0.32
Intangible Assets	0.96	0.76	0.98	0.96	0.92	0.96	0.9	0.16	-0.63	0.95	0.49	0.97	0.61	0.49	0.94	0.71	0.83	0.33	0.9	0.94	0.96	0.84	0.3		0.75	0.92
Common Stock	0.75	0.54	0.81	0.79	0.72	0.75	0.68	-0.06	-0.78	0.82	0.54	0.72	0.44	0.54	0.84	0.62	0.56	0.77	0.55	0.87	0.75	0.77	0.26	0.75		0.67
Good Will	0.97	0.71	0.88	0.88	0.97	0.88	0.77	0.05	-0.43	0.86	0.57	0.98	0.6	0.57	0.87	0.61	0.77	0.35	0.9	0.86	0.88	0.84	0.32	0.92	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	71.6M	61.6M
Short Long Term Debt Total	11.5M	16.9M	13.8M	14.7M	3.5M	3.3M
Other Current Liab	15.3M	17.3M	12.7M	13.9M	12.2M	7.8M
Total Current Liabilities	29.0M	29.6M	22.4M	23.3M	19.6M	14.5M
Total Stockholder Equity	101.2M	97.9M	101.7M	41.7M	49.8M	41.8M
Property Plant And Equipment Net	12.7M	12.3M	10.0M	9.7M	8.4M	5.4M
Current Deferred Revenue	1.2M	1.1M	1.4M	1.4M	1.2M	1.3M
Net Debt	(9.5M)	7.5M	1.5M	11.4M	(1.7M)	(1.6M)
Retained Earnings	(33.9M)	(31.1M)	(25.6M)	(74.5M)	(66.6M)	(63.3M)
Accounts Payable	6.5M	5.9M	5.7M	5.8M	4.6M	3.1M
Cash	20.9M	9.3M	12.3M	3.3M	5.1M	8.1M
Non Current Assets Total	93.2M	105.3M	101.5M	54.6M	46.8M	41.3M
Non Currrent Assets Other	1.2M	981K	838K	641K	507K	585.9K
Cash And Short Term Investments	20.9M	9.3M	12.3M	3.3M	5.1M	8.1M
Net Receivables	16.2M	21.7M	19.2M	17.0M	17.1M	10.0M
Common Stock Shares Outstanding	12.7M	14.5M	15.1M	15.7M	16.1M	13.3M
Liabilities And Stockholders Equity	138.0M	140.8M	136.2M	77.8M	71.6M	61.6M
Non Current Liabilities Total	7.7M	13.4M	12.1M	12.8M	2.3M	2.1M
Inventory	399K	503K	381K	465K	574K	431.5K
Other Current Assets	7.3M	4.0M	5.6M	2.5M	2.0M	2.1M
Other Stockholder Equity	136.1M	130.7M	130.3M	120.0M	120.4M	69.5M
Total Liab	36.8M	42.9M	34.5M	36.1M	21.8M	19.9M
Total Current Assets	44.8M	35.6M	34.7M	23.2M	24.8M	20.3M
Accumulated Other Comprehensive Income	(1.0M)	(1.8M)	(3.0M)	(3.9M)	(4.0M)	(3.8M)
Short Term Debt	5.1M	4.3M	2.6M	2.2M	1.6M	3.0M
Intangible Assets	30.0M	30.8M	29.5M	25.1M	18.7M	13.5M
Common Stock	13.0K	14K	16K	17K	19.6K	12.2K
Good Will	12.6M	49.3M	61.2M	19.2M	22.1M	25.4M
Long Term Debt	41K	8.0M	8.0M	10.0M	26K	24.7K
Capital Lease Obligations	11.0M	8.5M	5.5M	4.4M	3.1M	4.8M
Net Invested Capital	101.7M	106.3M	110.0M	52.0M	50.1M	61.8M
Property Plant And Equipment Gross	12.7M	12.3M	10.0M	18.3M	19.1M	14.5M
Short Long Term Debt	401K	344K	319K	292K	310K	260.0K
Capital Stock	19K	21K	22K	23K	26.5K	22.6K
Net Working Capital	15.8M	6.0M	12.3M	(57K)	5.2M	7.9M

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

0.73	DH	Definitive Healthcare Earnings Call This Week	Pair Corr
0.71	LH	Laboratory	Pair Corr

Moving against CareCloud Stock

0.79

Cigna Corp Sell-off Trend

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

Other Information on Investing in CareCloud Stock

Balance Sheet is a snapshot of the financial position of CareCloud at a specified time, usually calculated after every quarter, six months, or one year. CareCloud Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CareCloud and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CareCloud currently owns. An asset can also be divided into two categories, current and non-current.

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CareCloud Good Will vs Other Current Liab Analysis

Good Will vs Other Current Liab

Good Will vs Other Current Liab Correlation Analysis

Correlation Coefficient

Good Will

Other Current Liab

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

Other Information on Investing in CareCloud Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Intangible Assets	+ 0.98	Other Current Liab
Total Liab	+ 0.98	Total Current Liabilities
Accounts Payable	+ 0.98	Property Plant And Equipment Net

Retained Earnings	- 0.8	Current Deferred Revenue
Common Stock	- 0.78	Retained Earnings
Common Stock Shares Outstanding	- 0.77	Retained Earnings
Other Stockholder Equity	- 0.76	Retained Earnings
Net Receivables	- 0.73	Retained Earnings
Accounts Payable	- 0.73	Retained Earnings