CCLD Current Ratio Analysis
Higher than 19% of Healthcare sector peers
Updated 164h ago·SEC filings & market data
Key Takeaway
CareCloud's current ratio of 1.11x means the company has $1.11 in short-term assets for every $1 of short-term liabilities, a basic measure of its ability to pay near-term bills.
Sector Performance
19th percentileCCLD
1.11x
Sector Median
2.02x
Sector Avg
3.77x
Deep Analysis
CareCloud's current ratio of 1.11x means the company has $1.11 in short-term assets for every $1 of short-term liabilities, a basic measure of its ability to pay near-term bills.
That places it well below the healthcare sector median of 2.02x, ranking in the 19th percentile among peers—meaning most competitors have a larger liquidity cushion. Because year-over-year and quarter-over-quarter changes are not available (both listed as N/A), there is no trend data to assess whether the ratio is improving or deteriorating. The low level combined with a lack of trend information suggests elevated short-term liquidity risk, since the company is operating near a break-even point without any visible trajectory. However, the overall BULLISH verdict on the stock is not contradicted by this metric alone—low current ratios can be acceptable if the company has reliable cash flows or financing arrangements, and other factors are driving the positive outlook.
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 2.02x, 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), A (2.10x), BSX (1.90x), EXAS (2.23x), TMO (1.53x).
Learn More About Current Ratio
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
2.02x
Sector Avg
3.77x
How CCLD's Current Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.