GENESIS HEALTHCARE, INC. (GEN) financial statements (2021 and earlier)

Company profile

Business Address 101 EAST STATE STREET
KENNETT SQUARE, PA 19348
State of Incorp. DE
Fiscal Year End December 31
SIC 8051 - Skilled Nursing Care Facilities (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21220125224123512
Cash and cash equivalents21220125224123512
Restricted cash and investments908510279957969
Receivables427456459554568545559
Prepaid expense9311870741098267
Disposal group, including discontinued operation    157
Other current assets47374244443934
Total current assets:869897925774829784747
Noncurrent Assets
Finance lease, right-of-use asset282933343738517
Operating lease, right-of-use asset1,7161,8182,1342,3532,4002,4172,200
Property, plant and equipment9851,019831854962957674
Intangible assets, net (including goodwill)168169170172173176178
Goodwill86868686868686
Intangible assets, net (excluding goodwill)82848586879092
Restricted cash and investments165149143150156143161
Disposal group, including discontinued operation, noncurrent assets13121639163341
Deferred income tax assets2254465
Other noncurrent assets11612010910986121119
Total noncurrent assets:3,1933,3173,4423,7153,8333,8903,896
TOTAL ASSETS:4,0624,2154,3664,4894,6624,6744,643
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities710660723576618627604
Accounts payable211190211195238254230
Accrued liabilities336324365227226219218
Employee-related liabilities163145147154154153156
Debt9091422251306262221
Disposal group, including discontinued operation0001011
Self insurance reserve154150150150146137137
Other undisclosed current liabilities2,072127136    
Total current liabilities:3,8459511,0319781,0711,027964
Noncurrent Liabilities
Long-term debt and lease obligation8303,7793,8724,0274,1724,1584,232
Long-term debt, excluding current maturities6351,5441,3601,3551,4511,4211,142
Finance lease, liability353636393940839
Operating lease, liability1602,2002,4762,6332,6812,6972,251
Liabilities, other than long-term debt550630533527502554579
Deferred income tax liabilities5555556
Disposal group, including discontinued operation, liabilities18182445204555
Other liabilities1422009965707682
Self insurance reserve385406405412407427436
Total noncurrent liabilities:1,3804,4094,4054,5534,6744,7124,812
Total liabilities:5,2245,3605,4375,5315,7455,7395,776
Stockholders' equity
Stockholders' equity attributable to parent, including:(820)(816)(755)(728)(761)(749)(796)
Additional paid in capital247244242248249249248
Accumulated other comprehensive income1221111
Accumulated deficit(1,069)(1,062)(999)(977)(1,010)(999)(1,045)
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest(342)(329)(315)(315)(322)(316)(337)
Total stockholders' equity:(1,162)(1,145)(1,070)(1,042)(1,083)(1,065)(1,133)
TOTAL LIABILITIES AND EQUITY:4,0624,2154,3664,4894,6624,6744,643

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Gross profit:9199399561,0921,1351,1241,145
Operating expenses(381)(443)(363)(386)(401)(388)(377)
Other operating income, net
(Other Nonrecurring (Income) Expense)
8931186    
Operating income:627527779707734735768
Nonoperating income21544586313426
Investment income, nonoperating1111122
Other nonoperating income20544485113223
Interest and debt expense(2)(1)(1)(4)3(2)0
Income from continuing operations before equity method investments, income taxes:646580823789739867794
Income (loss) from equity method investments134(0)100
Other undisclosed loss from continuing operations before income taxes(666)(680)(856)(750)(755)(809)(803)
Income (loss) from continuing operations before income taxes:(19)(96)(30)38(15)58(9)
Income tax expense (benefit)3(0)01(2)10
Net income (loss):(17)(96)(29)39(17)59(9)
Net income (loss) attributable to noncontrolling interest9337(5)6(13)4
Net income (loss) attributable to parent:(8)(63)(22)34(11)46(5)
Other undisclosed net income (loss) available to common stockholders, basic   6(6)20 
Net income (loss) available to common stockholders, diluted:(8)(63)(22)40(18)66(5)

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(17)(96)(29)39(17)59(9)
Other undisclosed comprehensive income (loss)(0)(0)11(0)01
Comprehensive income (loss):(17)(96)(29)40(17)59(8)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest9337(6)6(13)4
Comprehensive income (loss), net of tax, attributable to parent:(8)(63)(22)34(11)46(4)

Statements sources

The financial statements are based on the company's filings with the 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.

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