MultiPlan Corporation
Claritev Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; an… Read more
MultiPlan Corporation (MPLN) - Total Assets
Latest total assets as of December 2024: $5.15 Billion USD
Based on the latest financial reports, MultiPlan Corporation (MPLN) holds total assets worth $5.15 Billion USD as of December 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.
MultiPlan Corporation - Total Assets Trend (2019–2024)
This chart illustrates how MultiPlan Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MultiPlan Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
MultiPlan Corporation's total assets of $5.15 Billion consist of 3.4% current assets and 96.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.3% |
| Accounts Receivable | $111.61 Million | 2.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.23 Billion | 43.2% |
| Goodwill | $2.40 Billion | 46.7% |
Asset Composition Trend (2019–2024)
This chart illustrates how MultiPlan Corporation'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: MultiPlan Corporation's current assets represent 3.4% of total assets in 2024, an increase from 1.4% in 2019.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, up from 0.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 89.0% of total assets, a decrease from 95.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 46.7% of total assets.
MultiPlan Corporation Competitors by Total Assets
Key competitors of MultiPlan Corporation 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 |
MultiPlan Corporation - 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
Lower asset utilization - MultiPlan Corporation generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MultiPlan Corporation is currently not profitable relative to its asset base.
MultiPlan Corporation - 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 | 0.82 | 1.16 | 9.65 |
| Quick Ratio | 0.82 | 1.17 | 9.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-38.27 Million | $ 26.85 Million | $ 3.35 Million |
MultiPlan Corporation - Advanced Valuation Insights
This section examines the relationship between MultiPlan Corporation'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 | 4.37 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -26.0% |
| Total Assets | $5.15 Billion |
| Market Capitalization | $114.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values MultiPlan Corporation's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: MultiPlan Corporation's assets decreased by 26.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for MultiPlan Corporation (2019–2024)
The table below shows the annual total assets of MultiPlan Corporation from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.15 Billion | -26.04% |
| 2023-12-31 | $6.96 Billion | -5.51% |
| 2022-12-31 | $7.37 Billion | -10.33% |
| 2021-12-31 | $8.22 Billion | -0.76% |
| 2020-12-31 | $8.28 Billion | -0.92% |
| 2019-12-31 | $8.36 Billion | -- |