R1 RCM Inc
R1 RCM Inc. provides technology-driven solutions for the financial performance and patient experience of health systems, hospitals, and physician groups. It provides operating partnership/end-to-end solutions, which manages multiple aspects of the revenue cycle to realize financial leverage and revenue improvement for hospital and physician customers. The company also offers modular solutions, in… Read more
R1 RCM Inc (RCM) - Total Assets
Latest total assets as of September 2024: $5.75 Billion USD
Based on the latest financial reports, R1 RCM Inc (RCM) holds total assets worth $5.75 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
R1 RCM Inc - Total Assets Trend (2007–2023)
This chart illustrates how R1 RCM Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
R1 RCM Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
R1 RCM Inc's total assets of $5.75 Billion consist of 12.8% current assets and 87.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $379.50 Million | 7.7% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.31 Billion | 26.4% |
| Goodwill | $2.63 Billion | 53.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how R1 RCM Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: R1 RCM Inc's current assets represent 12.8% of total assets in 2023, a decrease from 87.0% in 2007.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2023, down from 57.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 2.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 53.0% of total assets.
R1 RCM Inc Competitors by Total Assets
Key competitors of R1 RCM Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
R1 RCM Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - R1 RCM Inc generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, R1 RCM Inc generates $ 0.07 in net profit.
R1 RCM Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.79 | 1.90 | 0.93 |
| Quick Ratio | 1.79 | 1.90 | 0.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $339.30 Million | $ 301.70 Million | $ -15.80 Million |
R1 RCM Inc - Advanced Valuation Insights
This section examines the relationship between R1 RCM Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.15 |
| Latest Market Cap to Assets Ratio | 1.22 |
| Asset Growth Rate (YoY) | -3.5% |
| Total Assets | $4.96 Billion |
| Market Capitalization | $6.04 Billion USD |
Valuation Analysis
Above Book Valuation: The market values R1 RCM Inc's assets above their book value (1.22 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: R1 RCM Inc's assets decreased by 3.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for R1 RCM Inc (2007–2023)
The table below shows the annual total assets of R1 RCM Inc from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $4.96 Billion | -3.49% |
| 2022-12-31 | $5.14 Billion | +254.64% |
| 2021-12-31 | $1.45 Billion | +21.89% |
| 2020-12-31 | $1.19 Billion | +27.97% |
| 2019-12-31 | $929.10 Million | +15.06% |
| 2018-12-31 | $807.50 Million | +140.33% |
| 2017-12-31 | $336.00 Million | -19.05% |
| 2016-12-31 | $415.06 Million | -9.83% |
| 2015-12-31 | $460.29 Million | -9.75% |
| 2014-12-31 | $509.99 Million | 0.00% |
| 2013-12-31 | $509.99 Million | -8.50% |
| 2012-12-31 | $557.38 Million | +53.04% |
| 2011-12-31 | $364.19 Million | +38.68% |
| 2010-12-31 | $262.62 Million | +153.81% |
| 2009-12-31 | $103.47 Million | +19.06% |
| 2008-12-31 | $86.90 Million | +42.80% |
| 2007-12-31 | $60.86 Million | -- |