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Change Healthcare Scaled Net Operating Assets

: 0.78 (As of Jun. 2022)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Change Healthcare's operating assets for the quarter that ended in Jun. 2022 was $9,543 Mil. Change Healthcare's operating liabilities for the quarter that ended in Jun. 2022 was $1,786 Mil. Change Healthcare's Total Assets for the quarter that ended in Mar. 2022 was $9,932 Mil. Therefore, Change Healthcare's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was 0.78.


Change Healthcare Scaled Net Operating Assets Historical Data

The historical data trend for Change Healthcare's Scaled Net Operating Assets 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.

Change Healthcare Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Scaled Net Operating Assets
Premium Member Only 0.85 0.82 6.06 0.79 0.76

Change Healthcare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Scaled Net Operating Assets 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 Premium Member Only Premium Member Only 0.79 0.79 0.79 0.78 0.78

Competitive Comparison

For the Health Information Services subindustry, Change Healthcare's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

   

Change Healthcare Scaled Net Operating Assets Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Change Healthcare's Scaled Net Operating Assets falls into.



Change Healthcare Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Change Healthcare's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2022 )
=(Operating Assets (A: Mar. 2022 )-Operating Liabilities (A: Mar. 2022 ))/Total Assets (A: Mar. 2021 )
=(9680.197-1992.283)/10112.616
=0.76

where

Operating Assets(A: Mar. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9932.495 - 252.298
=9680.197

Operating Liabilities(A: Mar. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6656.388 - 4632.373 - 31.732
=1992.283

Change Healthcare's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Mar. 2022 )
=(9542.972-1786.233)/9932.495
=0.78

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9636.981 - 94.009
=9542.972

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6346.095 - 4535.145 - 24.717
=1786.233

* 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.


Change Healthcare Scaled Net Operating Assets Related Terms

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Change Healthcare Business Description

Change Healthcare logo
Traded in Other Exchanges
Address
424 Church Street, Suite 1400, Nashville, TN, USA, 37219
Change Healthcare is a spin-off of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
Executives
Byers Tracy officer: SVP and GM, Enterprise Imaging C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219
Domenici Nella director C/O ALLIANCEBERNSTEIN 1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
Martin Steven B. officer: EVP, Enterprise Technology 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214
Mckenzie Diana director METLIFE 200 PARK AVENUE NEW YORK NY 10166
Blackstone Family Investment Partnership Vi L.p. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
O'reilly Roderick H. officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Bcp Vi Side-by-side Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
Mcenery Thomas officer: EVP & Chief Marketing Officer
Simpkins Neil P director C/O BLACKSTONE GROUP 345 PARK AVENUE NEW YORK NY 10154
Whitley-taylor Linda officer: EVP & Chief People Officer AMERIGROUP CORPORATION 4425 CORPORATION LANE VIRGINIA BEACH VA 23462
Roe Phillip W. director 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215
Joshi Kriten officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Rareshide Paul officer: SVP, Corporate Controller C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Laur Thomas officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214
Calhoun August officer: See Remarks C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214

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