LHC Group (LHCG) Financial Statements (2023 and earlier)

Company Profile

Business Address 901 HUGH WALLIS ROAD SOUTH
LAFAYETTE, LA 70508
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 8082 - Home Health Care Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 287324933
Cash and cash equivalents 287324933
Receivables 313296260166131
Prepaid expense 2221251310
Other current assets 262221126
Other undisclosed current assets  10127 
Total current assets: 647380367201150
Noncurrent Assets
Operating lease, right-of-use asset 10095
Property, plant and equipment 13898804643
Intangible assets, net (including goodwill) 1,5751,5261,459527409
Goodwill 1,2591,2201,162393307
Intangible assets, net (excluding goodwill) 315306297135102
Other noncurrent assets 2239201912
Other undisclosed noncurrent assets 233  
Total noncurrent assets: 1,8361,7601,562593464
TOTAL ASSETS: 2,4832,1401,929794614
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 11086844538
Employee-related liabilities 8986844534
Taxes payable 21   3
Deferred revenue 318 
Debt  29800
Self insurance reserve 3531331211
Other undisclosed current liabilities 21885814532
Total current liabilities: 68123120610280
Noncurrent Liabilities
Long-term debt and lease obligation 903232361441
Long-term debt, excluding current maturities 202532361441
Operating lease, liability 7070
Liabilities, other than long-term debt 7360 2732
Deferred tax liabilities, net 2732
Deferred income tax liabilities 4760
Other liabilities 26    
Other undisclosed noncurrent liabilities 6448 87
Total noncurrent liabilities: 170387284171119
Total liabilities: 851618490274200
Temporary equity, carrying amount 1915151313
Stockholders' equity
Stockholders' equity attributable to parent, including: 1,5291,4131,317449395
Treasury stock, value (69)(60)(49)(42)(39)
Additional paid in capital 962949938126120
Retained earnings 635524428364314
Other undisclosed stockholders' equity attributable to parent 00000
Stockholders' equity attributable to noncontrolling interest 8594108586
Total stockholders' equity: 1,6131,5071,424507402
TOTAL LIABILITIES AND EQUITY: 2,4832,1401,929794614

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 2,0632,0801,8101,072915
Revenue, net1,072915
Cost of revenue
(Cost of Goods and Services Sold)
 (1,250)(1,325)(1,156)(676)(558)
Gross profit: 813755654396357
Operating expenses (635)(604)(543)(322)(287)
Operating income: 1781521117571
Nonoperating income    10
Interest and debt expense (4)(11)(10)(4)(3)
Income from continuing operations before income taxes: 1741401017168
Income tax expense (36)(27)(22)(11)(22)
Net income: 138114796046
Net loss attributable to noncontrolling interest (26)(18)(15)(10)(9)
Net income available to common stockholders, diluted: 11296645037

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income: 138114796046
Comprehensive income: 138114796046
Comprehensive loss, net of tax, attributable to noncontrolling interest (26)(18)(15)(10)(9)
Comprehensive income, net of tax, attributable to parent: 11296645037

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: