Diversicare Healthcare Services Inc. (DVCR) financial statements (2022 and earlier)

Company profile

Business Address 1621 GALLERIA BLVD.
BRENTWOOD, TN 37027
State of Incorp. DE
Fiscal Year End December 31
SIC 8051 - Skilled Nursing Care Facilities (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 30,8212,7102,6853,5244,2634,585
Cash and cash equivalents 30,8212,7102,6853,5244,2634,585
Receivables 60,05963,5391,1913751,1931,407
Disposal group, including discontinued operation   86452836
Deferred tax assets  7,6447,999
Other undisclosed current assets 6,3816,06776,57568,71466,20646,389
Total current assets: 97,26172,31680,53772,65879,33460,416
Noncurrent Assets
Finance lease, right-of-use asset 508 
Operating lease, right-of-use asset 290,296310,238
Property, plant and equipment (91,914)47,75553,09969,20459,80052,273
Long-term investments and receivables      798
Long-term investments      798
Intangible assets, net (including goodwill) 5,202 6,3076,6917,0757,459
Intangible assets, net (excluding goodwill) 5,202 6,3076,6917,0757,459
Estimated insurance recoveries 1,025 5   
Other noncurrent assets 3,7734,3233,2443,7253,1083,994
Other undisclosed noncurrent assets 133,7015,73616,05215,29113,73413,111
Total noncurrent assets: 342,591368,05278,70794,91183,71777,635
TOTAL ASSETS: 439,852440,368159,244167,569163,051138,051
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 29,29431,42137,52437,18336,19424,540
Accounts payable 13,90114,64115,65914,08012,97210,136
Employee-related liabilities 15,39316,78019,47120,01320,10814,404
Taxes payable   2,3943,0903,114 
Deferred revenue 25,900 
Debt 1,6603,49812,44913,0657,7156,603
Disposal group, including discontinued operation   86461427345
Self insurance reserve 12,66513,82913,1588,7929,40110,224
Other liabilities 14,74311,5457,1284,7664,4325,652
Other undisclosed current liabilities 28,58323,736    
Total current liabilities: 112,84584,02970,34564,26758,16947,364
Noncurrent Liabilities
Long-term debt and lease obligation, including: 58,52670,63760,98474,60372,14554,264
Long-term debt, excluding current maturities 59,95871,50261,18175,04273,41854,025
Other undisclosed long-term debt and lease obligation (1,432)(865)(197)(439)(1,273)239
Liabilities, other than long-term debt 25,63126,98229,11322,23721,31723,156
Estimated litigation liability 8,0009,0006,400   
Other liabilities 2,1551,6916,6568,7799,55110,812
Self insurance reserve 15,47616,29116,05713,45811,76612,344
Other undisclosed noncurrent liabilities 274,155295,636    
Total noncurrent liabilities: 358,312393,25590,09796,84093,46277,420
Total liabilities: 471,157477,284160,442161,107151,631124,784
Stockholders' equity
Stockholders' equity attributable to parent (31,305)(36,916)(1,198)6,46211,42013,267
Common stock 716968676665
Treasury stock, value (2,500)(2,500)(2,500)(2,500)(2,500)(2,500)
Additional paid in capital 24,59624,02623,41322,72021,93521,142
Accumulated other comprehensive income (loss) 38568837709195(387)
Accumulated deficit (53,510)(59,079)(23,016)(14,534)(8,276)(5,053)
Total stockholders' equity: (31,305)(36,916)(1,198)6,46211,42013,267
TOTAL LIABILITIES AND EQUITY: 439,852440,368159,244167,569163,051138,051

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 475,718475,020563,462   
Cost of revenue (451,559)(443,956)(525,955)(523,874)(384,752)(347,847)
Cost of goods and services sold (389,248)(380,870)(450,686)(458,122)(342,932)(311,035)
Gross profit: 24,15931,06437,507(523,874)(384,752)(347,847)
Operating expenses (36,760)(37,131)(39,167)(44,033)(40,571)(32,317)
Other undisclosed operating income 23,802  574,794426,063387,595
Operating income (loss): 11,201(6,067)(1,660)6,8877407,431
Nonoperating expense (5,202)(5,713)(6,444)(4,943)(3,514)(3,763)
Investment income, nonoperating   3081,6581,366 
Interest and debt expense (247)(5,994)(267)(6,369)(351)(4,102)
Other undisclosed income from continuing operations before equity method investments, income taxes 2475,9942676,3693514,102
Income (loss) from continuing operations before income taxes: 5,999(11,780)(8,104)1,944(2,774)3,668
Income tax expense (benefit) 531(15,694)750(6,743)1,030(916)
Income (loss) from continuing operations: 6,530(27,474)(7,354)(4,799)(1,744)2,752
Loss from discontinued operations (1,371)(8,589)(42)(28)(67)(1,128)
Net income (loss) available to common stockholders, diluted: 5,159(36,063)(7,396)(4,827)(1,811)1,624

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 5,159(36,063)(7,396)(4,827)(1,811)1,624
Other comprehensive income (loss) (530)(269)128514582108
Comprehensive income (loss), net of tax, attributable to parent: 4,629(36,332)(7,268)(4,313)(1,229)1,732

Statements sources

The financial statements are based on the company's filings with the 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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