CTVEF (Certive Solutions) Total Liabilities: $12.25 Mil (As of Feb. 2024)

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What is Certive Solutions Total Liabilities?

Certive Solutions CTVEF -99.94% Total Liabilities is $12.25 Mil as of Feb. 2024.

Certive Solutions's Total Liabilities for the quarter that ended in Feb. 2024 was $12.25 Mil.

Certive Solutions's quarterly Total Liabilities increased from Aug. 2023 ($11.50 Mil) to Nov. 2023 ($11.84 Mil) and increased from Nov. 2023 ($11.84 Mil) to Feb. 2024 ($12.25 Mil).

Certive Solutions's annual Total Liabilities increased from May. 2021 ($8.45 Mil) to May. 2022 ($9.71 Mil) and increased from May. 2022 ($9.71 Mil) to May. 2023 ($10.95 Mil).

Certive Solutions Total Liabilities Historical Data

* Premium members only.

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

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 6.99 8.45 9.71 10.95

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 Liabilities 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 10.95 10.95 11.50 11.84 12.25

Certive Solutions Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=9.779+(1.167+-2.2204460492503E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=10.95

Total Liabilities=Total Assets (A: May. 2023 )-Total Equity (A: May. 2023 )
=0.477--10.468
=10.95

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=11.032+(1.217+4.4408920985006E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=12.25

Total Liabilities=Total Assets (Q: Feb. 2024 )-Total Equity (Q: Feb. 2024 )
=0.366--11.883
=12.25

* 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 Liabilities →
What does a Total Liabilities of $12.25 Mil mean?
Certive Solutions (CTVEF) has a Total Liabilities of $12.25 Mil as of Feb. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Certive Solutions and its competitors.
Is Certive Solutions' Total Liabilities too high?
Certive Solutions' current Total Liabilities is $12.25 Mil.
How does Certive Solutions' Total Liabilities compare to ESSI and UPHL?
Certive Solutions' Total Liabilities of $12.25 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 Liabilities for a Healthcare Providers & Services company?
A good Total Liabilities depends on the Healthcare Providers & Services industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Certive Solutions and its competitors. Certive Solutions's current Total Liabilities is $12.25 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 Liabilities of $12.25 Mil. The current Total Liabilities is $12.25 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Certive Solutions (CTVEF), the current Total Liabilities is $12.25 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.