CareCloud Intangible Assets vs Non Currrent Assets Other Analysis

CCLD Stock   3.50  0.80  18.60%   
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 Intangible Assets and its Non Currrent Assets Other 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.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CareCloud's Intangible Assets and Non Currrent Assets Other is 0.59. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of CareCloud are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., CareCloud's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 December 4, 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 Expense455K405K1.2M1.3M
Depreciation And Amortization15.8M15.0M16.6M17.4M

CareCloud fundamental ratios Correlations

0.760.960.940.990.960.8-0.01-0.550.950.660.990.60.660.960.720.760.370.90.960.930.930.320.960.780.97
0.760.80.880.660.770.720.49-0.550.770.270.790.290.270.760.610.870.460.690.730.930.60.710.820.670.75
0.960.80.970.920.970.840.13-0.660.970.530.950.60.530.970.740.80.360.850.960.960.870.330.980.80.9
0.940.880.970.880.940.80.19-0.630.960.540.940.530.540.930.670.810.430.850.920.990.850.540.960.790.89
0.990.660.920.880.930.76-0.12-0.490.920.710.970.610.710.940.690.690.330.890.950.860.940.240.930.750.97
0.960.770.970.940.930.830.04-0.620.970.620.950.610.620.950.770.780.30.880.960.940.90.30.960.740.89
0.80.720.840.80.760.830.4-0.790.820.250.830.540.250.820.80.920.170.80.820.840.670.210.870.610.79
-0.010.490.130.19-0.120.040.4-0.310.02-0.680.1-0.07-0.680.050.170.54-0.020.06-0.030.28-0.290.380.18-0.010.08
-0.55-0.55-0.66-0.63-0.49-0.62-0.79-0.31-0.69-0.24-0.52-0.32-0.24-0.66-0.67-0.77-0.46-0.41-0.69-0.64-0.57-0.17-0.6-0.7-0.45
0.950.770.970.960.920.970.820.02-0.690.640.930.590.640.970.780.770.380.840.980.940.920.330.950.820.87
0.660.270.530.540.710.620.25-0.68-0.240.640.560.351.00.590.350.20.420.510.660.470.860.150.490.60.55
0.990.790.950.940.970.950.830.1-0.520.930.560.60.560.950.710.790.330.910.940.940.870.340.980.750.98
0.60.290.60.530.610.610.54-0.07-0.320.590.350.60.350.590.560.37-0.170.630.590.50.55-0.040.590.390.56
0.660.270.530.540.710.620.25-0.68-0.240.641.00.560.350.590.350.20.420.510.660.470.860.150.490.60.55
0.960.760.970.930.940.950.820.05-0.660.970.590.950.590.590.820.790.370.80.980.930.910.240.950.820.91
0.720.610.740.670.690.770.80.17-0.670.780.350.710.560.350.820.750.120.630.790.730.680.010.720.530.67
0.760.870.80.810.690.780.920.54-0.770.770.20.790.370.20.790.750.350.670.760.870.610.40.820.660.76
0.370.460.360.430.330.30.17-0.02-0.460.380.420.33-0.170.420.370.120.350.110.440.420.430.460.30.760.35
0.90.690.850.850.890.880.80.06-0.410.840.510.910.630.510.80.630.670.110.830.840.780.340.910.530.89
0.960.730.960.920.950.960.82-0.03-0.690.980.660.940.590.660.980.790.760.440.830.920.940.240.950.860.89
0.930.930.960.990.860.940.840.28-0.640.940.470.940.50.470.930.730.870.420.840.920.810.520.960.780.89
0.930.60.870.850.940.90.67-0.29-0.570.920.860.870.550.860.910.680.610.430.780.940.810.240.840.790.85
0.320.710.330.540.240.30.210.38-0.170.330.150.34-0.040.150.240.010.40.460.340.240.520.240.340.340.34
0.960.820.980.960.930.960.870.18-0.60.950.490.980.590.490.950.720.820.30.910.950.960.840.340.760.93
0.780.670.80.790.750.740.61-0.01-0.70.820.60.750.390.60.820.530.660.760.530.860.780.790.340.760.71
0.970.750.90.890.970.890.790.08-0.450.870.550.980.560.550.910.670.760.350.890.890.890.850.340.930.71
Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.4M138.0M140.8M136.2M77.8M60.3M
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 Total25.4M93.2M105.3M101.5M54.6M40.5M
Non Currrent Assets Other356.6K1.2M981K838K641K505.4K
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 Equity56.4M138.0M140.8M136.2M77.8M60.3M
Non Current Liabilities Total2.4M7.7M13.4M12.1M12.8M13.4M
Inventory491.1K399K503K381K465K414.8K
Other Stockholder Equity68.7M136.1M130.7M130.3M120.0M64.7M
Total Liab13.6M36.8M42.9M34.5M36.1M19.5M
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

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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.