Advanzeon Solutions, Inc.
Healthcare · Services-Health Services · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $300,098 | $524,172 | $564,117 | $209,519 | $438,029 | — |
| Operating income | −$1.9M | −$1.5M | −$4.4M | −$3.4M | −$3.0M | −$1.0M |
| Net income | −$3.3M | $4.8M | −$5.9M | −$4.5M | −$3.6M | −$1.2M |
| Total assets | $1.2M | $488,987 | $82,892 | $293,128 | $44,388 | $407,639 |
| Total liabilities | $29.6M | $26.4M | $31.1M | $25.4M | $20.6M | $17.4M |
| Equity | −$28.4M | −$25.9M | −$31.0M | −$25.1M | −$20.6M | −$17.0M |
| EPS (diluted) | $-0.05 | $0.07 | $-0.09 | $-0.07 | $-0.06 | $0.00 |
| Shares out. | 67.4M | 63.1M | 63.1M | 63.1M | 63.1M | 63.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −646.0%
- Net margin
- −1084.9%
- Return on equity
- 11.5%
- Return on assets
- −274.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 2491.3%
- Debt / equity
- —
- Book value / share
- $-0.42
- Revenue growth (YoY)
- −42.7%
- Net income growth (YoY)
- −167.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Altman Z″ (distress)
- -327.60distress
- Accruals / assets
- −64.8%clean
- Beneish M-Score
- -4.36normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 1 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 16, 2020
- NT 10-Qmissed a reporting deadline ↗Aug 11, 2020
- NT 10-Qmissed a reporting deadline ↗May 13, 2020
- NT 10-Kmissed a reporting deadline ↗Mar 24, 2020
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2019
- NT 10-Qmissed a reporting deadline ↗Nov 15, 2013
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Changed auditorSep 17, 2021
- Changed auditorDec 23, 2020
- Bankruptcy or receivershipSep 11, 2020
- Entered a material agreement · New financial obligationApr 27, 2020
- Unregistered equity saleSep 24, 2019
- Director / officer changeMay 29, 2019
- Entered a material agreementSep 17, 2018
- Other material eventJun 19, 2018
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- REVOKEDOct 3, 2023
- 4Nov 3, 2021
- 10-QFORM 10-QOct 8, 2021
- 8-KFORM 8-KSep 17, 2021
- 4Feb 10, 2021
- 4FORM 4Jan 22, 2021
- 8-KFORM 8-KDec 23, 2020
- NT 10-QFORM NT 10-QNov 16, 2020
- 4Sep 15, 2020
- 8-KFORM 8-KSep 11, 2020
- 10-QFORM 10-QAug 19, 2020
- UPLOADAug 14, 2020
- NT 10-QAug 11, 2020
- 10-Q/AFORM 10-Q/AJul 31, 2020
- 10-K/AFORM 10-KAJul 29, 2020
Event-driven situations (1)
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