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Advanzeon Solutions (Advanzeon Solutions) Goodwill : $0.00 Mil (As of Jun. 2020)


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What is Advanzeon Solutions Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Advanzeon Solutions's goodwill for the quarter that ended in Jun. 2020 was $0.00 Mil.


Advanzeon Solutions Goodwill Historical Data

The historical data trend for Advanzeon Solutions's Goodwill 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.

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Advanzeon Solutions Goodwill Chart

Advanzeon Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill
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Advanzeon Solutions Quarterly Data
Mar13 Jun13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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Advanzeon Solutions Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Advanzeon Solutions  (OTCPK:CHCR) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Advanzeon Solutions's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Goodwill-to-Asset (A: Dec. 2019 )=Goodwill/Total Assets
=0/1.188
=0.00

Advanzeon Solutions's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Goodwill-to-Asset (Q: Jun. 2020 )=Goodwill/Total Assets
=0/2.01
=0.00

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Advanzeon Solutions Goodwill Related Terms

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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