Diversicare Healthcare Services Inc. (DVCR) Financial Statements (2025 and earlier)
Company Profile
Business Address |
1621 GALLERIA BLVD. BRENTWOOD, TN 37027 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 8051 - Skilled Nursing Care Facilities (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
9/30/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 30,821 | 2,710 | 2,685 | 3,524 | 4,263 | 4,585 | |||
Cash and cash equivalents | 30,821 | 2,710 | 2,685 | 3,524 | 4,263 | 4,585 | |||
Receivables | 60,059 | 63,539 | 1,191 | 375 | 1,193 | 1,407 | |||
Disposal group, including discontinued operation | 86 | 45 | 28 | 36 | |||||
Deferred tax assets | ✕ | ✕ | ✕ | 7,644 | 7,999 | ||||
Other undisclosed current assets | 6,381 | 6,067 | 76,575 | 68,714 | 66,206 | 46,389 | |||
Total current assets: | 97,261 | 72,316 | 80,537 | 72,658 | 79,334 | 60,416 | |||
Noncurrent Assets | |||||||||
Finance lease, right-of-use asset, after accumulated amortization | 508 | ✕ | ✕ | ✕ | ✕ | ||||
Operating lease, right-of-use asset | 290,296 | 310,238 | ✕ | ✕ | ✕ | ✕ | |||
Property, plant and equipment | (91,914) | 47,755 | 53,099 | 69,204 | 59,800 | 52,273 | |||
Long-term investments and receivables | 798 | ||||||||
Long-term investments | 798 | ||||||||
Intangible assets, net (including goodwill) | 5,202 | 6,307 | 6,691 | 7,075 | 7,459 | ||||
Intangible assets, net (excluding goodwill) | 5,202 | 6,307 | 6,691 | 7,075 | 7,459 | ||||
Estimated insurance recoveries | 1,025 | 5 | |||||||
Other noncurrent assets | 3,773 | 4,323 | 3,244 | 3,725 | 3,108 | 3,994 | |||
Other undisclosed noncurrent assets | 133,701 | 5,736 | 16,052 | 15,291 | 13,734 | 13,111 | |||
Total noncurrent assets: | 342,591 | 368,052 | 78,707 | 94,911 | 83,717 | 77,635 | |||
TOTAL ASSETS: | 439,852 | 440,368 | 159,244 | 167,569 | 163,051 | 138,051 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 29,294 | 31,421 | 37,524 | 37,183 | 36,194 | 24,540 | |||
Taxes payable | 2,394 | 3,090 | 3,114 | ||||||
Employee-related liabilities | 15,393 | 16,780 | 19,471 | 20,013 | 20,108 | 14,404 | |||
Accounts payable | 13,901 | 14,641 | 15,659 | 14,080 | 12,972 | 10,136 | |||
Deferred revenue | 25,900 | ✕ | ✕ | ✕ | ✕ | ||||
Debt | 1,660 | 3,498 | 12,449 | 13,065 | 7,715 | 6,603 | |||
Disposal group, including discontinued operation | 86 | 461 | 427 | 345 | |||||
Self insurance reserve | 12,665 | 13,829 | 13,158 | 8,792 | 9,401 | 10,224 | |||
Other liabilities | 14,743 | 11,545 | 7,128 | 4,766 | 4,432 | 5,652 | |||
Other undisclosed current liabilities | 28,583 | 23,736 | |||||||
Total current liabilities: | 112,845 | 84,029 | 70,345 | 64,267 | 58,169 | 47,364 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation, including: | 58,526 | 70,637 | 60,984 | 74,603 | 72,145 | 54,264 | |||
Long-term debt, excluding current maturities | 59,958 | 71,502 | 61,181 | 75,042 | 73,418 | 54,025 | |||
Other undisclosed long-term debt and lease obligation | (1,432) | (865) | (197) | (439) | (1,273) | 239 | |||
Liabilities, other than long-term debt | 25,631 | 26,982 | 29,113 | 22,237 | 21,317 | 23,156 | |||
Estimated litigation liability | 8,000 | 9,000 | 6,400 | ||||||
Other liabilities | 2,155 | 1,691 | 6,656 | 8,779 | 9,551 | 10,812 | |||
Self insurance reserve | 15,476 | 16,291 | 16,057 | 13,458 | 11,766 | 12,344 | |||
Other undisclosed noncurrent liabilities | 274,155 | 295,636 | |||||||
Total noncurrent liabilities: | 358,312 | 393,255 | 90,097 | 96,840 | 93,462 | 77,420 | |||
Total liabilities: | 471,157 | 477,284 | 160,442 | 161,107 | 151,631 | 124,784 | |||
Equity | |||||||||
Equity, attributable to parent | (31,305) | (36,916) | (1,198) | 6,462 | 11,420 | 13,267 | |||
Common stock | 71 | 69 | 68 | 67 | 66 | 65 | |||
Treasury stock, value | (2,500) | (2,500) | (2,500) | (2,500) | (2,500) | (2,500) | |||
Additional paid in capital | 24,596 | 24,026 | 23,413 | 22,720 | 21,935 | 21,142 | |||
Accumulated other comprehensive income (loss) | 38 | 568 | 837 | 709 | 195 | (387) | |||
Accumulated deficit | (53,510) | (59,079) | (23,016) | (14,534) | (8,276) | (5,053) | |||
Total equity: | (31,305) | (36,916) | (1,198) | 6,462 | 11,420 | 13,267 | |||
TOTAL LIABILITIES AND EQUITY: | 439,852 | 440,368 | 159,244 | 167,569 | 163,051 | 138,051 |
Income Statement (P&L) ($ in thousands)
9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
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Revenues | 475,718 | 475,020 | 563,462 | |||||
Cost of revenue | (451,559) | (443,956) | (525,955) | (523,874) | (384,752) | (347,847) | ||
Cost of goods and services sold | (389,248) | (380,870) | (450,686) | (458,122) | (342,932) | (311,035) | ||
Gross profit: | 24,159 | 31,064 | 37,507 | (523,874) | (384,752) | (347,847) | ||
Operating expenses | (36,760) | (37,131) | (39,167) | (44,033) | (40,571) | (32,317) | ||
Other undisclosed operating income | 23,802 | 574,794 | 426,063 | 387,595 | ||||
Operating income (loss): | 11,201 | (6,067) | (1,660) | 6,887 | 740 | 7,431 | ||
Nonoperating expense | (5,202) | (5,713) | (6,444) | (4,943) | (3,514) | (3,763) | ||
Investment income, nonoperating | 308 | 1,658 | 1,366 | |||||
Interest and debt expense | (247) | (5,994) | (267) | (6,369) | (351) | (4,102) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 247 | 5,994 | 267 | 6,369 | 351 | 4,102 | ||
Income (loss) from continuing operations before income taxes: | 5,999 | (11,780) | (8,104) | 1,944 | (2,774) | 3,668 | ||
Income tax expense (benefit) | 531 | (15,694) | 750 | (6,743) | 1,030 | (916) | ||
Income (loss) from continuing operations: | 6,530 | (27,474) | (7,354) | (4,799) | (1,744) | 2,752 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | 5,159 | (36,063) | (7,396) | (4,827) | (1,811) | 1,624 | |
Loss from discontinued operations | (1,371) | (8,589) | (42) | (28) | (67) | (1,128) | ||
Net income (loss) available to common stockholders, diluted: | 5,159 | (36,063) | (7,396) | (4,827) | (1,811) | 1,624 |
Comprehensive Income ($ in thousands)
9/30/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
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Net income (loss): | 5,159 | (36,063) | (7,396) | (4,827) | (1,811) | 1,624 | ||
Other comprehensive income (loss) | (530) | (269) | 128 | 514 | 582 | 108 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 4,629 | (36,332) | (7,268) | (4,313) | (1,229) | 1,732 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.