CTVEF (Certive Solutions) Debt-to-Equity: -0.50 (As of Feb. 2024)

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What is Certive Solutions Debt-to-Equity?

Certive Solutions CTVEF -99.94% Debt-to-Equity is -0.50 as of Feb. 2024.

Certive Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $4.78 Mil. Certive Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1.22 Mil. Certive Solutions's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $-11.88 Mil. Certive Solutions's debt to equity for the quarter that ended in Feb. 2024 was -0.50.

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 Certive Solutions's Debt-to-Equity or its related term are showing as below:

CTVEF's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.405
* Ranked among companies with meaningful Debt-to-Equity only.

Certive Solutions  (OTCPK:CTVEF) 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.

Certive Solutions Debt-to-Equity Related Terms

Certive Solutions Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Certive 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.

Certive Solutions Debt-to-Equity Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.81 -0.80 -0.72 -0.64 -0.56

Certive Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Equity 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 -0.56 -0.56 -0.54 -0.52 -0.50

CTVEF vs ESSI, UPHL, LGMK: Debt-to-Equity Comparison

For the Health Information Services subindustry, Certive 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.

Certive Solutions Debt-to-Equity vs Healthcare Providers & Services Industry

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

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


Certive Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Certive Solutions's Debt to Equity Ratio for the fiscal year that ended in May. 2023 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
=(4.71 + 1.167) / -10.468
=-0.56

Certive Solutions's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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
=(4.775 + 1.217) / -11.883
=-0.50

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.50 mean?
Certive Solutions (CTVEF) has a Debt-to-Equity of -0.50 as of Feb. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Certive Solutions and its competitors.
Is Certive Solutions' Debt-to-Equity too high?
Certive Solutions' current Debt-to-Equity is -0.50.
How does Certive Solutions' Debt-to-Equity compare to ESSI and UPHL?
Certive Solutions' Debt-to-Equity of -0.50 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.41, based on 556 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Certive Solutions and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Certive Solutions's current Debt-to-Equity is -0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Certive Solutions stock overvalued right now?
Certive Solutions (CTVEF) has a current Debt-to-Equity of -0.50. The current Debt-to-Equity is -0.50. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Certive Solutions (CTVEF), the current Debt-to-Equity is -0.50 as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Certive Solutions Business Description

Address 8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients net operating results.