Cano Health, Inc. (CANO) Financial Statements (2024 and earlier)

Company Profile

Business Address 9725 NW 117TH AVENUE, SUITE 200
MIAMI, FL 33178
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 8011 - Offices and Clinics of Doctors of Medicine (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

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

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  01
Cash and cash equivalents  01
Receivables297133 
Inventory, net of allowances, customer advances and progress billings  1 
Inventory  1 
Prepaid expense   0
Other current assets19  
Other undisclosed current assets25182 
Total current assets:3413171
Noncurrent Assets
Operating lease, right-of-use asset178132 
Property, plant and equipment  85 
Intangible assets, net (including goodwill)7061,019 
Goodwill480770 
Intangible assets, net (excluding goodwill)226249 
Asset, held-in-trust   690
Other noncurrent assets514 
Other undisclosed noncurrent assets699577 
Total noncurrent assets:1,5881,826690
TOTAL ASSETS:1,9292,144692
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:10673 
Accrued liabilities7  
Other undisclosed accounts payable and accrued liabilities9973 
Deferred revenue  2 
Debt21 
Deferred compensation liability  11 
Business combination, contingent consideration, liability  3 
Other liabilities2434 
Other undisclosed current liabilities77372
Total current liabilities:2081612
Noncurrent Liabilities
Long-term debt and lease obligation1,0011,040 
Long-term debt, excluding current maturities998915 
Finance lease, liability32 
Liabilities, other than long-term debt20262 
Deferred revenue  4 
Other liabilities3322 
Operating lease, liability166123 
Business combination, contingent consideration, liability 335 
Other undisclosed noncurrent liabilities2382115
Total noncurrent liabilities:1,2261,184115
Total liabilities:1,4351,345117
Temporary equity, carrying amount   570
Equity
Equity, attributable to parent, including:2533195
Additional paid in capital53939734
Accumulated deficit(286)(79)(29)
Other undisclosed equity, attributable to parent000
Equity, attributable to noncontrolling interest242480 
Total equity:4947995
TOTAL LIABILITIES AND EQUITY:1,9292,144692

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Revenues2,7391,609 
Gross profit:2,7391,609 
Operating expenses(3,176)(1,745)(3)
Other undisclosed operating loss   (3)
Operating loss:(437)(135)(6)
Nonoperating income (expense)11180
Investment income, nonoperating000
Other nonoperating income (expense)2(0) 
Interest and debt expense(1)(13) 
Loss from continuing operations before equity method investments, income taxes:(428)(130)(5)
Other undisclosed income from continuing operations before income taxes113 
Loss from continuing operations before income taxes:(426)(117)(5)
Income tax expense (benefit)(2)(0) 
Loss from continuing operations:(428)(117)(5)
Loss before gain (loss) on sale of properties:(117)(5)
Other undisclosed net loss   (23)
Net loss:(428)(117)(29)
Net income attributable to noncontrolling interest22199 
Net loss available to common stockholders, basic:(207)(18)(29)
Other undisclosed net loss available to common stockholders, diluted (117) 
Net loss available to common stockholders, diluted:(207)(135)(29)

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
Net loss:(428)(117)(29)
Comprehensive loss:(428)(117)(29)
Comprehensive income, net of tax, attributable to noncontrolling interest22199 
Comprehensive loss, net of tax, attributable to parent:(207)(18)(29)

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.

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