CTVEF (Certive Solutions) Total Equity: $-11.88 Mil (As of Feb. 2024)

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What is Certive Solutions Total Equity?

Certive Solutions CTVEF -99.94% Total Equity is $-11.88 Mil as of Feb. 2024.

Certive Solutions's total equity for the quarter that ended in Feb. 2024 was $-11.88 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.


Certive Solutions Total Equity Historical Data

* Premium members only.

The historical data trend for Certive Solutions's Total 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 Total Equity Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.08 -6.11 -7.74 -9.11 -10.47

Certive Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total 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 -10.43 -10.47 -10.91 -11.44 -11.88

Certive Solutions Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Certive Solutions's Total Equity for the fiscal year that ended in May. 2023 is calculated as

Total Equity=Total Assets(Q: May. 2023 )-Total Liabilities(Q: May. 2023 )
=0.477-10.946
=-10.47

Certive Solutions's Total Equity for the quarter that ended in Feb. 2024 is calculated as

Total Equity=Total Assets(Q: Feb. 2024 )-Total Liabilities(Q: Feb. 2024 )
=0.366-12.249
=-11.88

* 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 Total Equity →
What does a Total Equity of $-11.88 Mil mean?
Certive Solutions (CTVEF) has a Total Equity of $-11.88 Mil as of Feb. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Certive Solutions and its competitors.
Is Certive Solutions' Total Equity too high?
Certive Solutions' current Total Equity is $-11.88 Mil.
How does Certive Solutions' Total Equity compare to ESSI and UPHL?
Certive Solutions' Total Equity of $-11.88 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for a Healthcare Providers & Services company?
A good Total Equity depends on the Healthcare Providers & Services industry context. However, Total 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Certive Solutions and its competitors. Certive Solutions's current Total Equity is $-11.88 Mil. 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 Total Equity of $-11.88 Mil. The current Total Equity is $-11.88 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Certive Solutions (CTVEF), the current Total Equity is $-11.88 Mil 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.