AlerisLife Inc. (ALR) Financial Statements (2024 and earlier)

Company Profile

Business Address 400 CENTRE STREET
NEWTON, MA 02458
State of Incorp. MD
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)

9/30/2022
MRQ
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 99,555116,75159,21955,15748,77940,689
Cash and cash equivalents 66,98784,35131,74029,51226,25516,608
Short-term investments 32,56832,40027,47925,64522,52424,081
Restricted cash and investments 32,57935,00236,61731,00528,05724,718
Receivables 41,66493,2088894,4331,20213,819
Prepaid expense   3,8099,67011,48411,342
Disposal group, including discontinued operation   9,554 59,0801,010
Other current assets   13,47713,35913,6485,953
Other undisclosed current assets 13,03517,34719,80324,42934,93531,856
Total current assets: 186,833262,308143,368138,053197,185129,387
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 3,4674,493 
Operating lease, right-of-use asset 9,19718,03020,855
Property, plant and equipment 159,843159,251167,247243,873251,504351,929
Long-term investments and receivables  112988,6338,1857,116
Long-term investments  112988,6338,1857,116
Restricted cash and investments 4,8556,1578,3498,99612,23418,498
Other noncurrent assets 12,0823,9565,6766,0696,8002,804
Total noncurrent assets: 189,444191,898202,425267,571278,723380,347
TOTAL ASSETS: 376,277454,206345,793405,624475,908509,734
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 103,55023,45482,44769,66774,73468,453
Employee-related liabilities34,29570,54335,62935,42137,89335,939
Accounts payable 37,516     
Accrued liabilities 31,73931,355    
Other undisclosed accounts payable and accrued liabilities  (78,444)46,81834,24636,84132,514
Debt 1,2911,1963,2343393161,903
Disposal group, including discontinued operation   12,544 34,7817
Due to related parties 3,8796,5852,24718,88318,68318,378
Other liabilities   26,08937,47236,36130,430
Other undisclosed current liabilities 32,187146,67337,739103,33253,76753,822
Total current liabilities: 140,907177,908164,300229,693218,642172,993
Noncurrent Liabilities
Long-term debt and lease obligation 18,78027,80826,8427,5337,87258,494
Long-term debt, excluding current maturities 6,3646,7837,1717,5337,87258,494
Finance lease, liability 3,0503,921 
Liabilities, other than long-term debt 35,00037,95834,67037,75145,60252,196
Accounts payable and accrued liabilities 34,74437,42033,87233,03033,08236,637
Deferred tax liabilities, net 7,28910,910
Other liabilities 2565387984,7215,2314,649
Operating lease, liability 9,36617,10419,671
Other undisclosed noncurrent liabilities    59,47858,79861,785
Total noncurrent liabilities: 53,78065,76661,512104,762112,272172,475
Total liabilities: 194,687243,674225,812334,455330,914345,468
Equity
Equity, attributable to parent 181,590210,532119,98171,169144,994164,266
Common stock 32731752508505500
Additional paid in capital 461,298460,038362,450361,555360,942359,853
Accumulated other comprehensive income 1,0291,3162,6631,7424,0363,434
Accumulated deficit (281,064)(251,139)(245,184)(292,636)(220,489)(199,521)
Total equity: 181,590210,532119,98171,169144,994164,266
TOTAL LIABILITIES AND EQUITY: 376,277454,206345,793405,624475,908509,734

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

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 934,5931,163,7421,415,1441,390,3941,396,1061,378,108
Operating leases, income statement, lease revenue649,493
Revenue, net1,396,1061,378,108
Cost of revenue
(Cost of Goods and Services Sold)
     (293,419)(284,533)
Gross profit: 934,5931,163,7421,415,1441,390,3941,102,6871,093,575
Operating expenses (968,247)(1,151,235)(1,435,418)(1,461,955)(1,419,160)(1,394,080)
Other undisclosed operating income 7,7953,435  293,419284,533
Operating income (loss): (25,859)15,942(20,274)(71,561)(23,054)(15,972)
Nonoperating income (expense) 358(22,142)1,364818765984
Investment income, nonoperating 3587571,364818765984
Loss on contract termination  (22,899)    
Interest and debt expense (1,683)(1,631)(2,615)(3,018)(4,165)(4,912)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes  9051,011(591)  
Loss from continuing operations before equity method investments, income taxes: (27,184)(6,926)(20,514)(74,352)(26,454)(19,900)
Income from equity method investments   575516608137
Other undisclosed loss from continuing operations before income taxes (2,330)     
Loss from continuing operations before income taxes: (29,514)(6,926)(19,939)(73,836)(25,846)(19,763)
Income tax expense (benefit) (234)(663)(56)(247)4,536(2,351)
Loss from continuing operations: (29,748)(7,589)(19,995)(74,083)(21,310)(22,114)
Loss before gain (loss) on sale of properties:(29,748)(7,589)(19,995)(74,083)(21,310)(22,114)
Net loss: (29,748)(7,589)(19,995)(74,083)(21,310)(22,114)
Other undisclosed net loss attributable to parent (177)     
Net loss attributable to parent: (29,925)(7,589)(19,995)(74,083)(21,310)(22,114)
Other undisclosed net income available to common stockholders, basic     408301
Net loss available to common stockholders, diluted: (29,925)(7,589)(19,995)(74,083)(20,902)(21,813)

Comprehensive Income ($ in thousands)

9/30/2022
TTM
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net loss: (29,748)(7,589)(19,995)(74,083)(21,310)(22,114)
Other comprehensive loss  (22,868)    
Comprehensive loss: (29,748)(30,457)(19,995)(74,083)(21,310)(22,114)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (464)23,215921(347)1,010820
Comprehensive loss, net of tax, attributable to parent: (30,212)(7,242)(19,074)(74,430)(20,300)(21,294)

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: