MultiPlan Corp financial data

Symbol
MPLN on NYSE, MPLNW on OTC
Industry
Services-Business Services, NEC
Location
115 Fifth Avenue, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
Churchill Capital Corp III (to 10/6/2020), Butler Acquisition Corp (to 12/23/2019)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 110 % -49.7%
Debt-to-equity 399 % +40.5%
Return On Equity -89.6 % -162%
Return On Assets -17.9 % -101%
Operating Margin -97.4 % -89.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 646M shares -0.58%
Common Stock, Shares, Outstanding 646M shares -0.58%
Entity Public Float 865M USD -40.4%
Common Stock, Value, Issued 67K USD +1.52%
Weighted Average Number of Shares Outstanding, Basic 645M shares +0.21%
Weighted Average Number of Shares Outstanding, Diluted 645M shares +0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 955M USD -1.16%
General and Administrative Expense 142M USD -14%
Costs and Expenses 1.88B USD +29%
Operating Income (Loss) -930M USD -87.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.23B USD -79.8%
Income Tax Expense (Benefit) -56.8M USD -241%
Net Income (Loss) Attributable to Parent -1.17B USD -75.8%
Earnings Per Share, Basic -1.8 USD/shares -71.4%
Earnings Per Share, Diluted -1.8 USD/shares -71.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 48.8M USD -45.7%
Accounts Receivable, after Allowance for Credit Loss, Current 81.4M USD +16.5%
Other Assets, Current 14M USD +154%
Assets, Current 192M USD -8.02%
Operating Lease, Right-of-Use Asset 17.4M USD -23.3%
Intangible Assets, Net (Excluding Goodwill) 2.46B USD -12.4%
Goodwill 2.76B USD -28%
Other Assets, Noncurrent 28.4M USD +31.9%
Assets 5.74B USD -19.5%
Accounts Payable, Current 22.3M USD +43.9%
Liabilities, Current 181M USD +22.7%
Long-term Debt and Lease Obligation 4.51B USD -2.02%
Deferred Income Tax Liabilities, Net 428M USD -27.7%
Operating Lease, Liability, Noncurrent 14.7M USD -25.7%
Other Liabilities, Noncurrent 4.51M USD
Liabilities 5.14B USD -4.27%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.12M USD
Retained Earnings (Accumulated Deficit) -1.62B USD -264%
Stockholders' Equity Attributable to Parent 603M USD -65.9%
Liabilities and Equity 5.74B USD -19.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 49.7M USD -22.6%
Net Cash Provided by (Used in) Financing Activities -31.5M USD +71.2%
Net Cash Provided by (Used in) Investing Activities -30.5M USD -32.2%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 675M shares +1.21%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -12.3M USD +82%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 59.2M USD -38.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 60.7M USD -1.58%
Deferred Tax Assets, Valuation Allowance 1.45M USD +1.19%
Operating Lease, Liability 21.9M USD -19.6%
Depreciation 83M USD +15.1%
Payments to Acquire Property, Plant, and Equipment 30.5M USD +32.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.17B USD -76%
Lessee, Operating Lease, Liability, to be Paid 25.2M USD -20.7%
Operating Lease, Liability, Current 4.82M USD -9.47%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.87M USD +6.98%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.97M USD -22.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -56.9M USD -1754%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.28M USD -27.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.18M USD -4.34%
Deferred Tax Assets, Operating Loss Carryforwards 392K USD -42.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.97M USD -20.7%
Additional Paid in Capital 2.36B USD +0.87%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 344M USD +0.84%
Deferred Tax Assets, Net of Valuation Allowance 141M USD +36.2%
Interest Expense 332M USD +5.26%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%