CareCloud Total Stockholder Equity vs Other Stockholder Equity Analysis

CCLDP Stock

17.00 0.36 2.07%

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 Total Stockholder Equity and its Other Stockholder Equity 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.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareCloud Total Stockholder Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.

The correlation between CareCloud's Total Stockholder Equity and Other Stockholder Equity is 0.95. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of CareCloud, assuming nothing else is changed. The correlation between historical values of CareCloud's Total Stockholder Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of CareCloud are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., CareCloud's Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

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 11/14/2024, 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 Expense	455K	405K	1.2M	1.3M
Depreciation And Amortization	15.8M	15.0M	16.6M	17.4M

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		0.76	0.92	0.94	0.99	0.96	0.81	-0.01	-0.55	0.96	0.66	0.99	0.46	0.66	0.96	0.72	0.76	0.37	0.34	0.97	0.92	0.93	0.32	0.96	0.78	0.97
Short Long Term Debt Total	0.76		0.74	0.88	0.66	0.77	0.72	0.49	-0.55	0.77	0.27	0.79	0.39	0.27	0.76	0.61	0.87	0.46	0.46	0.73	0.93	0.6	0.71	0.82	0.67	0.75
Other Current Liab	0.92	0.74		0.94	0.88	0.92	0.73	0.04	-0.65	0.94	0.6	0.9	0.5	0.6	0.95	0.63	0.72	0.49	0.26	0.94	0.91	0.88	0.36	0.91	0.87	0.85
Total Current Liabilities	0.94	0.88	0.94		0.88	0.94	0.8	0.19	-0.63	0.96	0.54	0.94	0.51	0.54	0.93	0.67	0.81	0.43	0.36	0.92	0.98	0.85	0.54	0.96	0.79	0.89
Total Stockholder Equity	0.99	0.66	0.88	0.88		0.93	0.76	-0.12	-0.49	0.92	0.71	0.97	0.42	0.71	0.94	0.69	0.69	0.33	0.29	0.95	0.85	0.94	0.24	0.93	0.75	0.97
Property Plant And Equipment Net	0.96	0.77	0.92	0.94	0.93		0.83	0.04	-0.62	0.97	0.62	0.95	0.55	0.62	0.95	0.77	0.78	0.3	0.35	0.96	0.94	0.9	0.3	0.96	0.74	0.89
Current Deferred Revenue	0.81	0.72	0.73	0.8	0.76	0.83		0.4	-0.79	0.82	0.25	0.83	0.79	0.25	0.82	0.8	0.92	0.17	0.74	0.82	0.84	0.67	0.21	0.87	0.61	0.79
Net Debt	-0.01	0.49	0.04	0.19	-0.12	0.04	0.4		-0.31	0.02	-0.68	0.1	0.36	-0.68	0.05	0.17	0.54	-0.02	0.55	-0.03	0.29	-0.29	0.38	0.18	-0.01	0.08
Retained Earnings	-0.55	-0.55	-0.65	-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	-0.66	-0.69	-0.65	-0.57	-0.17	-0.6	-0.7	-0.45
Accounts Payable	0.96	0.77	0.94	0.96	0.92	0.97	0.82	0.02	-0.69		0.64	0.93	0.57	0.64	0.97	0.78	0.77	0.38	0.42	0.98	0.94	0.92	0.33	0.95	0.82	0.87
Cash	0.66	0.27	0.6	0.54	0.71	0.62	0.25	-0.68	-0.24	0.64		0.56	0.06	1.0	0.59	0.35	0.2	0.42	-0.13	0.66	0.46	0.86	0.15	0.49	0.6	0.55
Non Current Assets Total	0.99	0.79	0.9	0.94	0.97	0.95	0.83	0.1	-0.52	0.93	0.56		0.46	0.56	0.95	0.72	0.79	0.33	0.38	0.94	0.93	0.87	0.34	0.98	0.75	0.98
Non Currrent Assets Other	0.46	0.39	0.5	0.51	0.42	0.55	0.79	0.36	-0.82	0.57	0.06	0.46		0.06	0.55	0.66	0.67	-0.02	0.64	0.55	0.53	0.42	-0.02	0.54	0.45	0.39
Cash And Short Term Investments	0.66	0.27	0.6	0.54	0.71	0.62	0.25	-0.68	-0.24	0.64	1.0	0.56	0.06		0.59	0.35	0.2	0.42	-0.13	0.66	0.46	0.86	0.15	0.49	0.6	0.55
Net Receivables	0.96	0.76	0.95	0.93	0.94	0.95	0.82	0.05	-0.66	0.97	0.59	0.95	0.55	0.59		0.82	0.79	0.37	0.42	0.98	0.93	0.91	0.24	0.95	0.82	0.91
Common Stock Shares Outstanding	0.72	0.61	0.63	0.67	0.69	0.77	0.8	0.17	-0.67	0.78	0.35	0.72	0.66	0.35	0.82		0.75	0.12	0.59	0.79	0.73	0.68	0.01	0.72	0.53	0.67
Non Current Liabilities Total	0.76	0.87	0.72	0.81	0.69	0.78	0.92	0.54	-0.77	0.77	0.2	0.79	0.67	0.2	0.79	0.75		0.35	0.69	0.76	0.87	0.61	0.4	0.82	0.66	0.76
Inventory	0.37	0.46	0.49	0.43	0.33	0.3	0.17	-0.02	-0.46	0.38	0.42	0.33	-0.02	0.42	0.37	0.12	0.35		0.04	0.44	0.42	0.43	0.46	0.3	0.76	0.35
Other Current Assets	0.34	0.46	0.26	0.36	0.29	0.35	0.74	0.55	-0.66	0.42	-0.13	0.38	0.64	-0.13	0.42	0.59	0.69	0.04		0.4	0.44	0.22	0.07	0.44	0.35	0.35
Other Stockholder Equity	0.97	0.73	0.94	0.92	0.95	0.96	0.82	-0.03	-0.69	0.98	0.66	0.94	0.55	0.66	0.98	0.79	0.76	0.44	0.4		0.92	0.94	0.24	0.95	0.86	0.89
Total Liab	0.92	0.93	0.91	0.98	0.85	0.94	0.84	0.29	-0.65	0.94	0.46	0.93	0.53	0.46	0.93	0.73	0.87	0.42	0.44	0.92		0.81	0.51	0.96	0.79	0.87
Total Current Assets	0.93	0.6	0.88	0.85	0.94	0.9	0.67	-0.29	-0.57	0.92	0.86	0.87	0.42	0.86	0.91	0.68	0.61	0.43	0.22	0.94	0.81		0.24	0.84	0.79	0.85
Short Term Debt	0.32	0.71	0.36	0.54	0.24	0.3	0.21	0.38	-0.17	0.33	0.15	0.34	-0.02	0.15	0.24	0.01	0.4	0.46	0.07	0.24	0.51	0.24		0.34	0.34	0.34
Intangible Assets	0.96	0.82	0.91	0.96	0.93	0.96	0.87	0.18	-0.6	0.95	0.49	0.98	0.54	0.49	0.95	0.72	0.82	0.3	0.44	0.95	0.96	0.84	0.34		0.76	0.93
Common Stock	0.78	0.67	0.87	0.79	0.75	0.74	0.61	-0.01	-0.7	0.82	0.6	0.75	0.45	0.6	0.82	0.53	0.66	0.76	0.35	0.86	0.79	0.79	0.34	0.76		0.71
Good Will	0.97	0.75	0.85	0.89	0.97	0.89	0.79	0.08	-0.45	0.87	0.55	0.98	0.39	0.55	0.91	0.67	0.76	0.35	0.35	0.89	0.87	0.85	0.34	0.93	0.71

Click cells to compare fundamentals

CareCloud Account Relationship Matchups

CareCloud fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	56.4M	138.0M	140.8M	136.2M	79.5M	60.4M
Short Long Term Debt Total	4.1M	11.5M	16.9M	13.8M	14.7M	7.8M
Other Current Liab	5.7M	8.9M	11.3M	7.1M	8.1M	5.4M
Total Current Liabilities	11.2M	29.0M	29.6M	22.4M	23.3M	13.9M
Total Stockholder Equity	42.8M	101.2M	97.9M	101.7M	41.7M	40.8M
Property Plant And Equipment Net	6.4M	12.7M	12.3M	10.0M	9.7M	5.1M
Current Deferred Revenue	20.3K	1.2M	1.1M	1.4M	1.4M	1.4M
Net Debt	(15.9M)	(9.5M)	7.5M	1.5M	11.4M	12.0M
Retained Earnings	(25.1M)	(33.9M)	(31.1M)	(25.6M)	(74.5M)	(70.8M)
Accounts Payable	3.5M	6.5M	5.9M	5.7M	5.8M	2.9M
Cash	20.0M	20.9M	9.3M	12.3M	3.3M	3.2M
Non Current Assets Total	25.4M	93.2M	105.3M	101.5M	56.3M	40.7M
Non Currrent Assets Other	356.6K	1.2M	981K	838K	2.3M	2.4M
Cash And Short Term Investments	20.0M	20.9M	9.3M	12.3M	3.3M	3.2M
Net Receivables	9.4M	16.2M	21.7M	19.2M	17.0M	9.3M
Common Stock Shares Outstanding	12.1M	12.7M	14.5M	15.1M	15.7M	12.9M
Liabilities And Stockholders Equity	56.4M	138.0M	140.8M	136.2M	79.5M	60.4M
Non Current Liabilities Total	2.4M	7.7M	13.4M	12.1M	12.8M	13.4M
Inventory	491.1K	399K	503K	381K	465K	414.8K
Other Stockholder Equity	68.7M	136.1M	130.7M	130.3M	120.0M	64.7M
Total Liab	13.6M	36.8M	42.9M	34.5M	37.8M	19.7M
Total Current Assets	31.0M	44.8M	35.6M	34.7M	23.2M	19.8M
Accumulated Other Comprehensive Income	(843.0K)	(1.0M)	(1.8M)	(3.0M)	(3.9M)	(3.7M)
Short Term Debt	2.0M	5.1M	4.3M	2.6M	2.2M	3.0M
Intangible Assets	6.0M	30.0M	30.8M	29.5M	25.1M	12.9M
Common Stock	12.6K	13.0K	14K	16K	17K	11.7K
Good Will	12.6M	12.6M	49.3M	61.2M	19.2M	25.8M

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 against CareCloud Stock

0.83	MASS	908 Devices	Pair Corr
0.75	AGL	agilon health	Pair Corr
0.59	SNDA	Sonida Senior Living	Pair Corr
0.46	ACHC	Acadia Healthcare	Pair Corr
0.41	TNDM	Tandem Diabetes Care	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

Additional Tools for CareCloud Stock Analysis

When running CareCloud's price analysis, check to measure CareCloud's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareCloud is operating at the current time. Most of CareCloud's value examination focuses on studying past and present price action to predict the probability of CareCloud's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareCloud's price. Additionally, you may evaluate how the addition of CareCloud to your portfolios can decrease your overall portfolio volatility.

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