CareCloud Gross Profit Margin from 2010 to 2025

CCLD Stock   1.61  0.08  5.23%   
CareCloud's Gross Profit Margin is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit Margin is expected to go to 0.50 this year. During the period from 2010 to 2025 CareCloud Gross Profit Margin annual values regression line had geometric mean of  0.45 and mean square error of  0. View All Fundamentals
 
Gross Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.45
Current Value
0.5
Quarterly Volatility
0.0776914
 
Credit Downgrade
 
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 17.3 M, Interest Expense of 548 K or Selling General Administrative of 15.9 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.57 or PTB Ratio of 1.13. 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.

Latest CareCloud's Gross Profit Margin Growth Pattern

Below is the plot of the Gross Profit Margin of CareCloud over the last few years. It is CareCloud's Gross Profit Margin 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.
Gross Profit Margin10 Years Trend
Slightly volatile
   Gross Profit Margin   
       Timeline  

CareCloud Gross Profit Margin Regression Statistics

Arithmetic Mean0.46
Geometric Mean0.45
Coefficient Of Variation16.97
Mean Deviation0.07
Median0.45
Standard Deviation0.08
Sample Variance0.01
Range0.2311
R-Value(0.64)
Mean Square Error0
R-Squared0.41
Significance0.01
Slope(0.01)
Total Sum of Squares0.09

CareCloud Gross Profit Margin History

2023 0.4
2022 0.39
2019 0.36
2018 0.38
2017 0.44
2016 0.45
2015 0.5

About CareCloud Financial Statements

CareCloud stakeholders use historical fundamental indicators, such as CareCloud's Gross Profit Margin, 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. For example, changes in CareCloud's assets and liabilities are reflected in the revenues and expenses on CareCloud's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CareCloud. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit Margin 0.45  0.50 

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Other Information on Investing in CareCloud Stock

CareCloud financial ratios help investors to determine whether CareCloud Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CareCloud with respect to the benefits of owning CareCloud security.