Healthcare Services Group Inc. (HCSG) Financial Statements (2024 and earlier)

Company Profile

Business Address 3220 TILLMAN DRIVE
BENSALEM, PA 19020
State of Incorp. PA
Fiscal Year End December 31
Industry (SIC) 805 - Nursing And Personal Care Facilities (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9395114125118102
Cash and cash equivalents    2726
Short-term investments93951141259176
Receivables384343302255341342
Prepaid expense222333212022
Other undisclosed current assets7347971713741
Total current assets:572509546572516508
Noncurrent Assets
Operating lease, right-of-use asset   332621
Property, plant and equipment      13
Long-term investments and receivables253329344743
Accounts and financing receivable, after allowance for credit loss253329344743
Intangible assets, net (including goodwill)889175697378
Goodwill767675515151
Intangible assets, net (excluding goodwill)1216 182227
Deferred costs413347473729
Deferred income tax assets3528323620
Other noncurrent assets21   1
Other undisclosed noncurrent assets2923160821
Total noncurrent assets:219210231213207184
TOTAL ASSETS:791718778785723693
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities161129160141115113
Taxes payable  87
Employee-related liabilities69713635
Accounts payable836864525461
Accrued liabilities77612718169
Debt2525  5 
Deferred compensation liability227   
Self insurance reserve2323242223 
Other undisclosed current liabilities7   551
Total current liabilities:217179191162149163
Noncurrent Liabilities
Long-term debt and lease obligation:   111112 
Liabilities, other than long-term debt11711412210810288
Accounts payable and accrued liabilities62666561 59
Deferred compensation liability, classified413447473830
Other liabilities3610   
Operating lease, liability118111112
Self insurance reserve     64 
Total noncurrent liabilities:11711413411911488
Total liabilities:334292325281262252
Equity
Equity, attributable to parent457426453480460441
Common stock111111
Treasury stock, value(38)(28)(30)(9)(9)(10)
Additional paid in capital310302294282271259
Accumulated other comprehensive income (loss)(2)(3)4630
Retained earnings185154184201195190
Total equity:457426453480460441
Other undisclosed liabilities and equity    23  
TOTAL LIABILITIES AND EQUITY:791718778785723693

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

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues1,6711,6901,6421,7601,8412,009
Cost of revenue
(Cost of Goods and Services Sold)
(1,457)(1,496)(1,415)(1,492)(1,613)(1,772)
Gross profit:215194227268228237
Operating expenses(167)(140)(173)(151)(150)(137)
Operating income:48535411778100
Nonoperating income (expense)
(Investment Income, Nonoperating)
     11(0)
Interest and debt expense     (3) 
Other undisclosed income from continuing operations before equity method investments, income taxes    12  
Income from continuing operations before equity method investments, income taxes:48535412985100
Other undisclosed income (loss) from continuing operations before income taxes5(8)8   
Income from continuing operations before income taxes:53456212985100
Income tax expense(15)(10)(16)(31)(21)(16)
Income from continuing operations:383546996584
Income before gain (loss) on sale of properties:46996584
Net income available to common stockholders, diluted:383546996584

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:383546996584
Comprehensive income:383546996584
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(7)(2)33(1)
Comprehensive income, net of tax, attributable to parent:4027441016783

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: