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Advanzeon Solutions (Advanzeon Solutions) Net Current Asset Value : $-0.20 (As of Jun. 2020)


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What is Advanzeon Solutions Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Advanzeon Solutions's net current asset value per share for the quarter that ended in Jun. 2020 was $-0.20.

The historical rank and industry rank for Advanzeon Solutions's Net Current Asset Value or its related term are showing as below:

CHCR's Price-to-Net-Current-Asset-Value is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 6.55
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Advanzeon Solutions Net Current Asset Value Historical Data

The historical data trend for Advanzeon Solutions's Net Current Asset Value 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 Net Current Asset Value Chart

Advanzeon Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.40 -0.50 -0.39 -0.40

Advanzeon Solutions Quarterly Data
Mar13 Jun13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.40 -0.42 -0.40 -0.41 -0.20

Competitive Comparison of Advanzeon Solutions's Net Current Asset Value

For the Medical Care Facilities subindustry, Advanzeon Solutions's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Advanzeon Solutions's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Advanzeon Solutions's Price-to-Net-Current-Asset-Value falls into.



Advanzeon Solutions Net Current Asset Value Calculation

Advanzeon Solutions's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2019 is calculated as

Net Current Asset Value Per Share(A: Dec. 2019 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.04-29.59-0-0)/71.6617
=-0.40

Advanzeon Solutions's Net Current Asset Value (NCAV) per share for the quarter that ended in Jun. 2020 is calculated as

Net Current Asset Value Per Share(Q: Jun. 2020 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1.826-25.622-0-0)/116.751
=-0.20

* 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.


Advanzeon Solutions  (OTCPK:CHCR) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Advanzeon Solutions Net Current Asset Value Related Terms

Thank you for viewing the detailed overview of Advanzeon Solutions's Net Current Asset Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanzeon Solutions (Advanzeon Solutions) Business Description

Traded in Other Exchanges
N/A
Address
2901 W. Busch Boulevard, Suite 701, Tampa, FL, USA, 33618
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

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