Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. R1 RCM's annualizedGross Profit for the quarter that ended in Dec. 2023 was $534 Mil.
R1 RCM's average Total Assets over the quarter that ended in Dec. 2023 was $5,000 Mil. Therefore, R1 RCM's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.68%.
R1 RCM Gross-Profit-to-Asset % Historical Data
The historical data trend for R1 RCM's Gross-Profit-to-Asset % 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.
Competitive Comparison of R1 RCM's Gross-Profit-to-Asset %
For the Health Information Services subindustry, R1 RCM's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.
R1 RCM's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, R1 RCM's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where R1 RCM's Gross-Profit-to-Asset % falls into.
R1 RCM Gross-Profit-to-Asset % Calculation
R1 RCM's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2023) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
R1 RCM Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of R1 RCM's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
R1 RCM Inc is a provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. Its services help healthcare providers generate sustainable improvements in their operating margins and cash flows while also enhancing patient, physician, and staff satisfaction for the customers, Its service offering consists of end-to-end RCM services for health systems, hospitals, and physician groups that provide comprehensive revenue cycle infrastructure to providers, including all revenue cycle personnel, technology solutions, and process workflow. The majority of the revenue comes from the operating fees received.
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