GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Certive Solutions Inc (OTCPK:CTVEF) » Definitions » Net Cash per Share

CTVEF (Certive Solutions) Net Cash per Share : $-0.07 (As of Feb. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Certive Solutions Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Certive Solutions's Net Cash per Share for the quarter that ended in Feb. 2024 was $-0.07.

The historical rank and industry rank for Certive Solutions's Net Cash per Share or its related term are showing as below:

CTVEF's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.57
* Ranked among companies with meaningful Price-to-Net-Cash only.

Certive Solutions Net Cash per Share Historical Data

The historical data trend for Certive Solutions's Net Cash per Share 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.

Certive Solutions Net Cash per Share Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.05 -0.06 -0.06 -0.06

Certive Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Cash per Share 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 -0.07 -0.06 -0.07 -0.07 -0.07

Competitive Comparison of Certive Solutions's Net Cash per Share

For the Health Information Services subindustry, Certive Solutions's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Certive Solutions's Price-to-Net-Cash falls into.



Certive Solutions Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Certive Solutions's Net Cash per Share for the fiscal year that ended in May. 2023 is calculated as

Net Cash per Share (A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.074-10.946-0)/169.145
=-0.06

Certive Solutions's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.008-12.249-0)/169.145
=-0.07

* 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  (OTCPK:CTVEF) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). 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.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Certive Solutions Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Certive Solutions's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Certive Solutions Business Description

Traded in Other Exchanges
N/A
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.

Certive Solutions Headlines

From GuruFocus

Certive Announces Expanded Scope of Work with Major Client

By ACCESSWIRE AccessWire 04-12-2019

Certive Announces New Board Member and AGSM

By ACCESSWIRE ACCESSWIRE 09-01-2021

Certive Announces New Hospital Client

By ACCESSWIRE ACCESSWIRE 07-16-2021

Certive Announces Annual General Meeting Results and Offering

By ACCESSWIRE AccessWire 04-12-2019