CareCloud Balance Sheet Health
Financial Health criteria checks 5/6
CareCloud has a total shareholder equity of $43.2M and total debt of $5.1M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $74.0M and $30.8M respectively.
Key information
11.8%
Debt to equity ratio
US$5.10m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.62m |
| Equity | US$43.24m |
| Total liabilities | US$30.77m |
| Total assets | US$74.01m |
Recent financial health updates
We Think CareCloud (NASDAQ:CCLD) Has A Fair Chunk Of Debt
Jun 27
Is CareCloud (NASDAQ:CCLD) Using Too Much Debt?
Jan 30Is CareCloud (NASDAQ:CCLD) A Risky Investment?
Sep 28These 4 Measures Indicate That CareCloud (NASDAQ:MTBC) Is Using Debt Safely
Jul 23Recent updates
CareCloud, Inc. (NASDAQ:CCLD) Shares Fly 25% But Investors Aren't Buying For Growth
Aug 31CareCloud, Inc. (NASDAQ:CCLD) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jul 13We Think CareCloud (NASDAQ:CCLD) Has A Fair Chunk Of Debt
Jun 27CareCloud, Inc. (NASDAQ:CCLD) Held Back By Insufficient Growth Even After Shares Climb 158%
May 22CareCloud, Inc. (NASDAQ:CCLD) Shares Could Be 42% Below Their Intrinsic Value Estimate
Mar 22The Market Doesn't Like What It Sees From CareCloud, Inc.'s (NASDAQ:CCLD) Revenues Yet As Shares Tumble 27%
Mar 22Little Excitement Around CareCloud, Inc.'s (NASDAQ:CCLD) Revenues As Shares Take 25% Pounding
Feb 02Is CareCloud (NASDAQ:CCLD) Using Too Much Debt?
Jan 30CareCloud, Inc.'s (NASDAQ:CCLD) 31% Dip In Price Shows Sentiment Is Matching Revenues
Dec 19Is CareCloud (NASDAQ:CCLD) A Risky Investment?
Sep 28Things Look Grim For CareCloud, Inc. (NASDAQ:CCLD) After Today's Downgrade
Aug 05There's No Escaping CareCloud, Inc.'s (NASDAQ:CCLD) Muted Revenues
Aug 01CareCloud, Inc. (NASDAQ:CCLD) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 06There's Been No Shortage Of Growth Recently For CareCloud's (NASDAQ:CCLD) Returns On Capital
Mar 05CareCloud (NASDAQ:MTBC) Is Looking To Continue Growing Its Returns On Capital
Aug 20These 4 Measures Indicate That CareCloud (NASDAQ:MTBC) Is Using Debt Safely
Jul 23CareCloud (NASDAQ:MTBC) Shareholders Will Want The ROCE Trajectory To Continue
May 12MTBC Has Dropped A 'Bomb' On MTBCP, Consequently Creating A 'Game-Changer' Event For Both
Jan 28CareCloud EPS beats by $0.03, beats on revenue
May 06MTBC (MTBC) Investor Presentation - Slideshow
Nov 19MTBC's CareCloud inks growth-focused partnership with MDS Medical
Nov 12MTBC EPS misses by $0.03, beats on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: CCLD's short term assets ($23.9M) exceed its short term liabilities ($23.2M).
Long Term Liabilities: CCLD's short term assets ($23.9M) exceed its long term liabilities ($7.5M).
Debt to Equity History and Analysis
Debt Level: CCLD's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: CCLD's debt to equity ratio has increased from 0.9% to 11.8% 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 CCLD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CCLD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.6% per year.