CareCloud Balance Sheet Health
Financial Health criteria checks 6/6
CareCloud has a total shareholder equity of $46.5M and total debt of $535.0K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $70.7M and $24.2M respectively. CareCloud's EBIT is $5.2M making its interest coverage ratio 4.7. It has cash and short-term investments of $2.8M.
Key information
1.2%
Debt to equity ratio
US$535.00k
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$2.78m |
| Equity | US$46.51m |
| Total liabilities | US$24.19m |
| Total assets | US$70.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTB's short term assets ($22.7M) exceed its short term liabilities ($21.9M).
Long Term Liabilities: MTB's short term assets ($22.7M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: MTB has more cash than its total debt.
Reducing Debt: MTB's debt to equity ratio has reduced from 1.4% to 1.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MTB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MTB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.2% per year.