R1 RCM Inc.RCM

Market cap

$6B

P/E ratio

1831.7x

	Dec 31, 2022	Dec 31, 2023
Cash and cash equivalents	110	174
Nonrelated party	-	243
Related party	-	26
Accounts receivable, net	235	269
Current portion of contract assets, net	84	94
Prepaid expenses and other current assets	110	96
Total current assets	565	633
Property, equipment and software, net	165	174
Operating lease right-of-use assets	81	63
Non-current portion of contract assets, net	32	38
Capitalized Contract Cost, Net, Noncurrent	27	30
Intangible assets, net	1,515	1,311
Goodwill	2,658	2,629
Non-current deferred tax assets	10	11
Other assets	88	72
Total assets	5,140	4,960
Accounts payable	33	23
Nonrelated party	-	40
Related party	-	5
Accrued compensation and benefits	109	126
Operating Lease, Liability, Current	18	19
Current portion of long-term debt	54	67
Other Accrued Liabilities, Current	71	66
Total current liabilities	350	346
Nonrelated party	-	3
Related party	-	12
Operating Lease, Liability, Noncurrent	94	78
Long-term debt	-	1,571
Non-current deferred tax liabilities	201	177
Other non-current liabilities	23	23
Total liabilities	2,419	2,209
Common Stock, Value, Issued	4	5
Additional paid-in capital	3,123	3,197
Accumulated deficit	-122	-137
Accumulated other comprehensive loss	-3	-6
Treasury stock, at cost, 25,234,975 shares as of December 31, 2023; 23,352,240 shares as of December 31, 2022	282	308
Total stockholders’ equity	2,721	2,751
Total liabilities and stockholders’ equity	5,140	4,960