Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). CareCloud's share price for the quarter that ended in Mar. 2024 was $1.16. CareCloud's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 16.1 Mil. Therefore, CareCloud's market cap for the quarter that ended in Mar. 2024 was $18.7 Mil.
CareCloud's quarterly market cap
increased
from Sep. 2023 ($18.2 Mil) to Dec. 2023 ($24.1 Mil) but then
declined
from Dec. 2023 ($24.1 Mil) to Mar. 2024 ($18.7 Mil).
CareCloud's annual market cap
declined
from Dec. 2021 ($94.3 Mil) to Dec. 2022 ($42.8 Mil) and
declined
from Dec. 2022 ($42.8 Mil) to Dec. 2023 ($24.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. CareCloud's Enterprise Value for Today is $63.3 Mil.
CareCloud Market Cap Historical Data
The historical data trend for CareCloud's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Health Information Services subindustry, CareCloud's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CareCloud's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, CareCloud's Market Cap distribution charts can be found below:
* The bar in red indicates where CareCloud's Market Cap falls into.
CareCloud Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
CareCloud's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CareCloud (NAS:CCLD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
CareCloud Market Cap Related Terms
Thank you for viewing the detailed overview of CareCloud's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
CareCloud Inc is a healthcare information technology company. It provides a full suite of proprietary cloud-based solutions and related business services. Its Software-as-a-Service platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM) solutions, and robotic processing automation (RPA) bots, along with complementary software tools and business services such as revenue cycle management (RCM), premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities for high-performance medical groups and health systems nationwide. The operating segments of the group are Healthcare IT, which is the key revenue generating segment, and Practice Management.
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