Advanzeon Solutions (Advanzeon Solutions) Debt-to-Equity : -0.48 (As of Jun. 2020)

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What is Advanzeon Solutions Debt-to-Equity?

Advanzeon Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $11.11 Mil. Advanzeon Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.18 Mil. Advanzeon Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $-23.61 Mil. Advanzeon Solutions's debt to equity for the quarter that ended in Jun. 2020 was -0.48.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Advanzeon Solutions's Debt-to-Equity or its related term are showing as below:

CHCR's Debt-to-Equity is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Advanzeon Solutions Debt-to-Equity Historical Data

The historical data trend for Advanzeon Solutions's Debt-to-Equity 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.

* Premium members only.

Advanzeon Solutions Debt-to-Equity Chart

Advanzeon Solutions Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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-0.46

-0.41

-0.37

-0.42

-0.46

Advanzeon Solutions Quarterly Data
	Mar13	Jun13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Debt-to-Equity	Get a 7-Day Free Trial															-0.43	-0.46	-0.46	-0.46	-0.48

Competitive Comparison of Advanzeon Solutions's Debt-to-Equity

For the Medical Care Facilities subindustry, Advanzeon Solutions's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Advanzeon Solutions's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Advanzeon Solutions's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Advanzeon Solutions's Debt-to-Equity falls into.

Advanzeon Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Advanzeon Solutions's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(12.809	+	0.147)	/	-28.402
	=	-0.46

Advanzeon Solutions's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.105	+	0.179)	/	-23.612
	=	-0.48

Advanzeon Solutions (OTCPK:CHCR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Advanzeon Solutions Debt-to-Equity Related Terms

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Advanzeon Solutions (Advanzeon Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Advanzeon Solutions Inc (OTCPK:CHCR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 W. Busch Boulevard, Suite 701, Tampa, FL, USA, 33618

Website

http://www.advanzeon.com

Advanzeon Solutions Inc is engaged in the provision of behavioral health, substance abuse, and pharmacy management services, as well as sleep apnea programs. The services are primarily offered to commercial, medical, Medicaid, Children's health insurance program health plans as well as self-insured companies. The company has developed a program that is SleepMaster Solutions which is for the identification/testing and therapy of Obstructive Sleep Apnea (OSA). The company generated the majority of the revenue through its Sleep Apnea business.

Executives

Stephen M. Kreitzer	director, other: Medical Dir.. PVMS	4917 ANDROS DRIVE TAMPA FL 33629
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Clark A. Marcus	director, 10 percent owner, officer: CEO	1211 N. WESTSHORE BLVD., SUITE 512, TAMPA FL 33607
Mark Heidt	director, other: Consultant	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
Arthur Yeap	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Sharon Kay Ray	director	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Arnold Finestone	director, officer: CFO	1211 N. WESTSHORE BLVD. SUITE 512 TAMPA FL 33607
Abdul Rauf	officer: COO	C/O ADVANZEON SOLUTIONS, INC., 2901 W. BUSH BLVD, # 701 TAMPA FL 33618
Gerard Smith	director, officer: COO	2901 W. BUSCH BLVD. SUITE 701 TAMPA FL 33618
James L. Koenig	director, officer: CFO	1604 OAKMONT DRIVE BRANDON FL 33511
Ramon Martinez	director, officer: President (a)	3405 W. DR. MARTIN LUTHER KING,JR. BLVD STE. 101 TAMPA FL 33607
Jairo Estrada	director	CALL BOX 1370 DORADO PR 00646-1370
Joshua I Smith	director	TWO EMBARCADERO CENTER, STE 1050, SAN FRANCISCO CA 94111
Robert R Kulbick	officer: President	1001 SUMMIT BLVD, NE, ATLANTA GA 30319
David R Pitts	director	P O BOX 2790, ST FRANCISVILLE LA 70775