Current Ratio
Higher than 19% of Healthcare sector peers
Updated 715h ago
Sector Performance
19th percentileCCLD
1.11x
Sector Median
2.10x
Sector Avg
3.80x
Deep Analysis
With a current ratio of 1.11x, CareCloud holds $1.11 in current assets for every $1.00 in current liabilities, indicating it can just cover short-term obligations.
This places it well below the sector median of 2.06x and at the 19th percentile among healthcare peers, meaning most competitors have stronger liquidity. Trend data is unavailable: the year-over-year change, quarter-over-quarter change, and the last eight quarters of historical values are all reported as N/A. The combination of a low ratio relative to peers and no clear trajectory signals higher short-term liquidity risk but the absence of trend data prevents assessing improvement or deterioration. While the metric itself suggests a tight liquidity position, it does not directly contradict the overall BULLISH verdict, as the positive outlook likely relies on other stronger fundamentals such as growth or profitability.
Frequently Asked Questions
What does the Current Ratio tell investors about CCLD?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
How does CCLD's Current Ratio compare to its sector?
CCLD's Current Ratio of 1.11x compares to a Healthcare sector median of 2.10x, placing it in the 19th percentile.
Who are CCLD's closest peers by Current Ratio?
The closest Healthcare peers by Current Ratio include: RARE (2.02x), BSX (1.90x), BAX (1.85x), RVTY (1.72x), HIMS (1.69x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.11x
Sector Median
2.10x
Sector Avg
3.80x
How CCLD's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.