CareCloud Balance Sheet Health
Financial Health criteria checks 5/6
CareCloud has a total shareholder equity of $41.4M and total debt of $9.2M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $76.9M and $35.5M respectively.
Key information
22.2%
Debt to equity ratio
US$9.20m
Debt
Interest coverage ratio | n/a |
Cash | US$4.14m |
Equity | US$41.42m |
Total liabilities | US$35.47m |
Total assets | US$76.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTB0's short term assets ($24.3M) exceed its short term liabilities ($23.8M).
Long Term Liabilities: MTB0's short term assets ($24.3M) exceed its long term liabilities ($11.7M).
Debt to Equity History and Analysis
Debt Level: MTB0's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: MTB0's debt to equity ratio has increased from 1% to 22.2% 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 MTB0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MTB0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.6% per year.