National HealthCare Corporation (NHC) Financial Statements (2024 and earlier)

Company Profile

Business Address 100 E. VINE ST
MURFREESBORO, TN 37130
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)
Annual | Quarterly

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments223,620210,494193,444164,791182,589176,729
Cash and cash equivalents107,076100,30878,49246,14458,66744,515
Short-term investments116,544110,186114,952118,647123,922132,214
Restricted cash and investments17,72518,86523,33027,48515,12125,838
Receivables109,048102,603101,260103,134100,28899,003
Inventory, net of allowances, customer advances and progress billings7,3867,3736,9956,9467,0887,298
Inventory7,3867,3736,9956,9467,0887,298
Other undisclosed current assets48,45643,24343,70535,54748,84635,661
Total current assets:406,235382,578368,734337,903353,932344,529
Noncurrent Assets
Property, plant and equipment493,329498,266501,890503,124506,532511,373
Other noncurrent assets411,232401,063410,060424,326414,986439,657
Total noncurrent assets:904,561899,329911,950927,450921,518951,030
TOTAL ASSETS:1,310,7961,281,9071,280,6841,265,3531,275,4501,295,559
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities130,724110,818106,54795,062114,847207,171
Interest and dividends payable✕✕✕✕✕✕8,774
Employee-related liabilities✕✕✕✕✕✕77,342
Accounts payable37,56332,05930,17929,61933,58934,939
Accrued liabilities93,16178,75976,36865,44381,25886,116
Deferred revenue     138
Debt 8602,1343,3904,6274,9854,911
Self insurance reserve30,54930,87031,34831,43531,36530,852
Other liabilities22,99131,65027,40123,02117,61524,073
Other undisclosed current liabilities29,35229,22229,11229,06529,075(56,989)
Total current liabilities:214,476204,694197,798183,210197,887210,156
Noncurrent Liabilities
Long-term debt and lease obligation     860100,022
Finance lease, liability     8602,134
Liabilities, other than long-term debt179,464183,924190,800196,205192,98297,882
Deferred income tax liabilities17,2009,84712,22711,51910,9099,750
Other liabilities26,37926,62226,82326,50719,95315,274
Operating lease, liability63,17570,20076,87883,98891,01697,888
Self insurance reserve72,71077,25574,87274,19171,10472,858
Other undisclosed noncurrent liabilities6,3765,9495,7286,0366,2076,171
Total noncurrent liabilities:185,840189,873196,528202,241200,049204,075
Total liabilities:400,316394,567394,326385,451397,936414,231
Equity
Equity, attributable to parent908,752885,171883,922877,102874,276877,311
Common stock153153153153153153
Additional paid in capital227,604226,888225,926225,148226,991228,522
Accumulated other comprehensive loss(6,604)(10,114)(9,053)(7,853)(9,532)(10,423)
Retained earnings687,599668,244666,896659,654656,664659,059
Equity, attributable to noncontrolling interest1,7282,1692,4362,8003,2384,017
Total equity:910,480887,340886,358879,902877,514881,328
TOTAL LIABILITIES AND EQUITY:1,310,7961,281,9071,280,6841,265,3531,275,4501,295,559

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Revenues300,914288,485282,582269,563264,553270,843
Cost of revenue(197,090)(185,506)(178,441)(170,550)(174,960)(175,894)
Gross profit:103,824102,979104,14199,01389,59394,949
Operating expenses(83,704)(89,954)(90,164)(89,001)(80,543)(90,871)
Operating income:20,12013,02513,97710,0129,0504,078
Nonoperating income
(Other Nonoperating income)		4,5444,0973,6964,3232,6902,731
Interest and debt expense (56)(77)(93)(98)(112)(137)
Income from continuing operations before equity method investments, income taxes:24,60817,04517,58014,23711,6286,672
Income from equity method investments      34
Income from continuing operations before income taxes:24,60817,04517,58014,23711,6286,706
Income tax expense (benefit)(8,700)(3,908)(6,406)(4,436)(1,839)1,140
Income from continuing operations:15,90813,13711,1749,8019,7897,846
Income before gain (loss) on sale of properties:✕✕✕✕✕✕7,846
Other undisclosed net income (loss)12,057(3,016)4,7431,484(4,215)(10,953)
Net income (loss):27,96510,12115,91711,2855,574(3,107)
Net income (loss) attributable to noncontrolling interest441267364438779678
Net income (loss) available to common stockholders, diluted:28,40610,38816,28111,7236,353(2,429)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2024
Q1
12/31/2023
Q4
9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
Net income (loss):27,96510,12115,91711,2855,574(3,107)
Other comprehensive income (loss)3,510(1,061)(1,200)1,679891(3,440)
Comprehensive income (loss):31,4759,06014,71712,9646,465(6,547)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest441267364438779678
Comprehensive income (loss), net of tax, attributable to parent:31,9169,32715,08113,4027,244(5,869)

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: