Return On Equity ratio Analysis of CareCloud Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Poor ROE
-116.68
Period Ending - Dec-22
Very Poor ROE
-9.92
Growth
-1076.47 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-66.84
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-0.582
ROE Analysis of CareCloud Inc.
| ROE Ratio of CareCloud Inc. with value of -66.84 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
| ROE Ratio of CareCloud Inc. with value of -0.582 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
| ROE Ratio of CCLDO drastically fell by -1076.47 % this year. |
| ROE Ratio with value of 2.90 was highest in Year Dec-21 in last Five Years. |
| ROE Ratio with value of -116.68 was lowest in Year Dec-23 in last Five Years. |
| Latest ROE Ratio with value of -116.68 is lower than Average ROE of -26.89 in last five years. |
| ROE of CareCloud Inc. is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of CCLDO that may interest you.
CareCloud Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CCLDO | 12.18 | 11.85 | 2.78 % | Health Information Services |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Poor Profitability Stock | |
FY - Historical Return On Equity of CareCloud Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | -116.68 | -9.92 | 2.90 | -8.70 | -2.04 | -5.50 | -27.48 |
| Change | -1076.47 % | -442.46 % | 133.27 % | -327.73 % | 63.01 % | 79.98 % | 77.92 % |
FY Chart of Return On Equity of CareCloud Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)