Return On Asset ratio Analysis of CareCloud Inc. - Deep Dive


Latest FY ROA
Period Ending - Dec-23

-62.54


Very Poor ROA
Period Ending - Dec-22
-7.41

Very Poor ROA
Growth
-744.48 %
Trailing Twelve Months ROA
Period Ending - Dec-23

-45.05


Very Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

-0.313


Very Poor ROA
ROA Analysis of CareCloud Inc.
ROA Ratio of CareCloud Inc. with value of -45.05 means poor return on Assets in trailing twelve months.
ROA Ratio of CareCloud Inc. with value of -0.313 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of CCLDO drastically fell by -744.48 % this year.
ROA Ratio with value of 2.01 was highest in Year Dec-21 in last Five Years.
ROA Ratio with value of -62.54 was lowest in Year Dec-23 in last Five Years.
Latest ROA Ratio with value of -62.54 is lower than Average ROA of -15.17 in last five years.
ROA of CareCloud Inc. is negative because of negative Income in last Financial Year , last Quarter and also in last twelve Months.
Other ROA Related Info of CCLDO that may interest you.
CareCloud Inc. Overview
CodePricePrevious PricePrice ChangeSector
CCLDO12.1811.85 2.78 % Health Information Services
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula
ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio
Tsr Profitability Index
Poor Profitability Stock
FY - Historical Return On Asset of CareCloud Inc.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA-62.54-7.412.01-6.39-1.55-4.49-21.80
Change-744.48 %-467.81 %131.53 %-313.18 %65.58 %79.40 %29.80 %
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FY Chart of Return On Asset of CareCloud Inc.


Note : All Data Generated at the End of Trading Hours (EOD Data)