Certive Solutions (XCNQ:CBP) Scaled Net Operating Assets : -14.38 (As of Feb. 2024)

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What is Certive Solutions Scaled Net Operating Assets?

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

Certive Solutions's operating assets for the quarter that ended in Feb. 2024 was C$0.48 Mil. Certive Solutions's operating liabilities for the quarter that ended in Feb. 2024 was C$8.45 Mil. Certive Solutions's Total Assets for the quarter that ended in Nov. 2023 was C$0.55 Mil. Therefore, Certive Solutions's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was -14.38.

Certive Solutions Scaled Net Operating Assets Historical Data

The historical data trend for Certive Solutions'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.

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Certive Solutions Scaled Net Operating Assets Chart

Certive Solutions Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Scaled Net Operating Assets

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-1.28

-1.42

-2.15

-4.90

-8.16

Certive Solutions Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-8.12	-8.96	-10.43	-9.44	-14.38

Competitive Comparison of Certive Solutions's Scaled Net Operating Assets

For the Health Information Services subindustry, Certive Solutions'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.

Certive Solutions's Scaled Net Operating Assets Distribution in the Healthcare Providers & Services Industry

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

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

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Certive Solutions 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.

Certive Solutions's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: May. 2023 )
=	(Operating Assets (A: May. 2023 )	-	Operating Liabilities (A: May. 2023 ))	/	Total Assets (A: May. 2022 )
=	(0.545	-	6.852)	/	0.773
=	-8.16

where

	Operating Assets		(A: May. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.645	-	0.1
=	0.545

	Operating Liabilities		(A: May. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14.796	-	1.577	-	6.367
=	6.852

Certive Solutions's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Feb. 2024 )
=	(Operating Assets (Q: Feb. 2024 )	-	Operating Liabilities (Q: Feb. 2024 ))	/	Total Assets (Q: Nov. 2023 )
=	(0.483	-	8.447)	/	0.554
=	-14.38

where

	Operating Assets		(Q: Feb. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	0.494	-	0.011
=	0.483

	Operating Liabilities		(Q: Feb. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.536	-	1.643	-	6.446
=	8.447

Certive Solutions Scaled Net Operating Assets Related Terms

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Certive Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Certive Solutions Inc (XCNQ:CBP) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8149 North 87th Place, Scottsdale, AZ, USA, 85258

Website

https://www.certivehealth.com

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.

Executives

Scott Thomas	Director
Timothy John Hyland	Director, Senior Officer
Thomas Marreel	Director
Jeff Wareham	Director

Certive Solutions Headlines

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