MultiPlan Corp financial data

Symbol
MPLN, MPLN-WT on NYSE
Industry
Services-Business Services, NEC
Location
115 Fifth Avenue, New York, New York
State of incorporation
Delaware
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
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 118 % -53.8%
Debt-to-equity 330 % +23.3%
Return On Equity -39.5 % -34.9%
Return On Assets -9.18 % -15.3%
Operating Margin -38.7 % +8.85%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 645M shares +1.93%
Common Stock, Shares, Outstanding 644M shares +1.47%
Entity Public Float 865M USD -40.4%
Common Stock, Value, Issued 67K USD +1.52%
Weighted Average Number of Shares Outstanding, Basic 646M shares +1.19%
Weighted Average Number of Shares Outstanding, Diluted 646M shares +0.85%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 959M USD -5.78%
General and Administrative Expense 147M USD -11%
Costs and Expenses 1.33B USD -8.26%
Operating Income (Loss) -371M USD +14.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -671M USD -8.68%
Income Tax Expense (Benefit) -39M USD -9832%
Net Income (Loss) Attributable to Parent -632M USD -2.42%
Earnings Per Share, Basic -0.97 USD/shares 0%
Earnings Per Share, Diluted -0.97 USD/shares 0%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 58.7M USD -77.9%
Accounts Receivable, after Allowance for Credit Loss, Current 82.4M USD +23%
Other Assets, Current 13.5M USD +180%
Assets, Current 190M USD -49%
Operating Lease, Right-of-Use Asset 18.4M USD -19.8%
Intangible Assets, Net (Excluding Goodwill) 2.54B USD -10.9%
Goodwill 3.31B USD -10.6%
Other Assets, Noncurrent 23.7M USD +9.07%
Assets 6.37B USD -11.8%
Accounts Payable, Current 18M USD +27.6%
Liabilities, Current 194M USD +24.6%
Long-term Debt and Lease Obligation 4.51B USD -2.02%
Deferred Income Tax Liabilities, Net 468M USD -27.3%
Operating Lease, Liability, Noncurrent 15.9M USD -19.6%
Other Liabilities, Noncurrent 7.11M USD
Liabilities 5.2B USD -4.25%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.24M USD
Retained Earnings (Accumulated Deficit) -1.04B USD -199%
Stockholders' Equity Attributable to Parent 1.17B USD -34.6%
Liabilities and Equity 6.37B USD -11.8%

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 674M shares +1%
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 69.2M USD -74.6%
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 80.1M USD +13.8%
Payments to Acquire Property, Plant, and Equipment 30.5M USD +32.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -635M USD -2.94%
Lessee, Operating Lease, Liability, to be Paid 25.2M USD -20.7%
Operating Lease, Liability, Current 4.72M USD -19.4%
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
Deferred Federal Income Tax Expense (Benefit) -104M USD -1.76%
Current Income Tax Expense (Benefit) 98.7M USD -22%
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.97M USD -20.7%
Operating Lease, Payments 8.02M USD -0.72%
Additional Paid in Capital 2.35B USD +0.75%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 17.2M USD -20.9%
Current Federal Tax Expense (Benefit) 81.5M USD -22.2%
Amortization of Intangible Assets 344M USD +0.89%
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%