CareCloud Short Term Debt vs Short Long Term Debt Total Analysis

CCLDO Stock   16.98  0.10  0.59%   
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 Short Term Debt and its Short Long Term Debt Total 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.

Short Term Debt vs Short Long Term Debt Total

Short Term Debt vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Short Term Debt account and Short Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between CareCloud's Short Term Debt and Short Long Term Debt Total is 0.71. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Short Term Debt and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of CareCloud are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Short Term Debt i.e., CareCloud's Short Term Debt and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Short Long Term Debt Total

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.As of the 26th of November 2024, Selling General Administrative is likely to drop to about 15.7 M. In addition to that, Tax Provision is likely to grow to about (345.8 K)
 2021 2022 2023 2024 (projected)
Interest Expense455K405K1.2M1.3M
Depreciation And Amortization15.8M15.0M17.0M17.9M

CareCloud fundamental ratios Correlations

0.760.960.940.990.960.81-0.01-0.550.960.660.990.460.660.960.720.760.370.850.970.920.930.320.960.780.97
0.760.80.880.660.770.720.49-0.550.770.270.790.390.270.760.610.870.460.710.730.930.60.710.820.670.75
0.960.80.970.920.970.840.13-0.660.970.530.960.570.530.970.740.80.360.850.960.960.870.330.980.80.9
0.940.880.970.880.940.80.19-0.630.960.540.940.510.540.930.670.810.430.850.920.980.850.540.960.790.89
0.990.660.920.880.930.76-0.12-0.490.920.710.970.420.710.940.690.690.330.810.950.850.940.240.930.750.97
0.960.770.970.940.930.830.04-0.620.970.620.950.550.620.950.770.780.30.860.960.940.90.30.960.740.89
0.810.720.840.80.760.830.4-0.790.820.250.830.790.250.820.80.920.170.960.820.840.670.210.870.610.79
-0.010.490.130.19-0.120.040.4-0.310.02-0.680.10.36-0.680.050.170.54-0.020.27-0.030.29-0.290.380.18-0.010.08
-0.55-0.55-0.66-0.63-0.49-0.62-0.79-0.31-0.69-0.24-0.52-0.82-0.24-0.66-0.67-0.77-0.46-0.69-0.69-0.65-0.57-0.17-0.6-0.7-0.45
0.960.770.970.960.920.970.820.02-0.690.640.930.570.640.970.780.770.380.850.980.940.920.330.950.820.87
0.660.270.530.540.710.620.25-0.68-0.240.640.560.061.00.590.350.20.420.370.660.460.860.150.490.60.55
0.990.790.960.940.970.950.830.1-0.520.930.560.460.560.950.720.790.330.860.940.930.870.340.980.750.98
0.460.390.570.510.420.550.790.36-0.820.570.060.460.060.550.660.67-0.020.710.550.530.42-0.020.540.450.39
0.660.270.530.540.710.620.25-0.68-0.240.641.00.560.060.590.350.20.420.370.660.460.860.150.490.60.55
0.960.760.970.930.940.950.820.05-0.660.970.590.950.550.590.820.790.370.80.980.930.910.240.950.820.91
0.720.610.740.670.690.770.80.17-0.670.780.350.720.660.350.820.750.120.720.790.730.680.010.720.530.67
0.760.870.80.810.690.780.920.54-0.770.770.20.790.670.20.790.750.350.830.760.870.610.40.820.660.76
0.370.460.360.430.330.30.17-0.02-0.460.380.420.33-0.020.420.370.120.350.140.440.420.430.460.30.760.35
0.850.710.850.850.810.860.960.27-0.690.850.370.860.710.370.80.720.830.140.830.850.730.310.890.570.81
0.970.730.960.920.950.960.82-0.03-0.690.980.660.940.550.660.980.790.760.440.830.920.940.240.950.860.89
0.920.930.960.980.850.940.840.29-0.650.940.460.930.530.460.930.730.870.420.850.920.810.510.960.790.87
0.930.60.870.850.940.90.67-0.29-0.570.920.860.870.420.860.910.680.610.430.730.940.810.240.840.790.85
0.320.710.330.540.240.30.210.38-0.170.330.150.34-0.020.150.240.010.40.460.310.240.510.240.340.340.34
0.960.820.980.960.930.960.870.18-0.60.950.490.980.540.490.950.720.820.30.890.950.960.840.340.760.93
0.780.670.80.790.750.740.61-0.01-0.70.820.60.750.450.60.820.530.660.760.570.860.790.790.340.760.71
0.970.750.90.890.970.890.790.08-0.450.870.550.980.390.550.910.670.760.350.810.890.870.850.340.930.71
Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.4M138.0M140.8M136.2M79.5M60.4M
Short Long Term Debt Total4.1M11.5M16.9M13.8M14.7M7.8M
Other Current Liab5.7M15.3M17.3M12.7M13.9M7.4M
Total Current Liabilities11.2M29.0M29.6M22.4M23.3M13.9M
Total Stockholder Equity42.8M101.2M97.9M101.7M41.7M40.8M
Property Plant And Equipment Net6.4M12.7M12.3M10.0M9.7M5.1M
Current Deferred Revenue20.3K1.2M1.1M1.4M1.4M1.4M
Net Debt(15.9M)(9.5M)7.5M1.5M11.4M12.0M
Retained Earnings(25.1M)(33.9M)(31.1M)(25.6M)(74.5M)(70.8M)
Accounts Payable3.5M6.5M5.9M5.7M5.8M2.9M
Cash20.0M20.9M9.3M12.3M3.3M3.2M
Non Current Assets Total25.4M93.2M105.3M101.5M56.3M40.7M
Non Currrent Assets Other356.6K1.2M981K838K2.3M2.4M
Cash And Short Term Investments20.0M20.9M9.3M12.3M3.3M3.2M
Net Receivables9.4M16.2M21.7M19.2M17.0M9.3M
Common Stock Shares Outstanding12.1M12.7M14.5M15.1M15.7M12.9M
Liabilities And Stockholders Equity56.4M138.0M140.8M136.2M79.5M60.4M
Non Current Liabilities Total2.4M7.7M13.4M12.1M12.8M13.4M
Inventory491.1K399K503K381K465K414.8K
Other Stockholder Equity68.7M136.1M130.7M130.3M120.0M64.7M
Total Liab13.6M36.8M42.9M34.5M37.8M19.7M
Total Current Assets31.0M44.8M35.6M34.7M23.2M19.8M
Accumulated Other Comprehensive Income(843.0K)(1.0M)(1.8M)(3.0M)(3.9M)(3.7M)
Short Term Debt2.0M5.1M4.3M2.6M2.2M3.0M
Intangible Assets6.0M30.0M30.8M29.5M25.1M12.9M
Common Stock12.6K13.0K14K16K17K11.7K
Good Will12.6M12.6M49.3M61.2M19.2M25.8M

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

  0.61DOCS DoximityPairCorr

Moving against CareCloud Stock

  0.74EVH Evolent HealthPairCorr
  0.72AMN AMN Healthcare ServicesPairCorr
  0.65FIGS Figs IncPairCorr
  0.63AGL agilon health Buyout TrendPairCorr
  0.61PHG Koninklijke PhilipsPairCorr
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
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 unemployment.
To learn how to invest in CareCloud Stock, please use our How to Invest in CareCloud guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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.