Company Information

  

Address: 7315 WISCONSIN AVENUE
SUITE 550-E 
City: BETHESDA 
State: MD 
Zip Code: 20814 
Telephone: 240-223-4680 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

Quality Care Properties, Inc. ("QCP" or the "Company") is a Maryland corporation that was formed in 2016 to hold the HCR ManorCare, Inc. ("HCRMC") portfolio ("HCRMC Properties"), 28 other healthcare related properties ("non¬≠HCRMC Properties," and, collectively with the HCRMC Properties, the "Properties"), a deferred rent obligation ("DRO") due from HCRMC under a master lease (the "Tranche B DRO") and an equity method investment in HCRMC (together, the "QCP Business") previously held by HCP, Inc. ("HCP"). Prior to the separation from HCP, which was completed on October 31, 2016, QCP was a wholly owned subsidiary of HCP. In connection with the separation, HCP transferred to certain subsidiaries of QCP the equity of entities that hold the QCP Business.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20170.74NA25.49
12/20160.87NA17.82

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.03Total Liab/Total Assets0.37
Net Inc/Total Assets0.02Total Liab/Inv Cap0.37
Net Inc/Inv Cap0.02Total Liab/Comm Equity0.55
Pretax Inc/Net Sales0.21Interest Coverage Ratio4.94
Net Inc/Net Sales0.17Curr Debt/Equity0.01
Cash Flow/Net Sales1.11LTD/Equity0.56
SG&A/NetSales0.05Total Debt/Equity0.57
Asset Utilization   Liquidity  
Net Receivables Turnover9.56Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.11  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 79.35 112.59 103.57
Cost of Goods Sold 0.99 0.54 0.66
Selling & Admin Exps 3.92 9.58 5.70
Operating Income -349.90 68.02 -84.39
Interest Exp 35.44 34.23 25.02
Pretax Income -385.24 37.10 -105.26
Other Income 0.10 3.30 4.15
Net Income Bef Extraordinary ... NA NA NA
Net Income -385.47 36.80 -104.73

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 282.38 219.10 126.20
Receivables - Total 2.95 3.15 3.30
Inventories - Total NA NA NA
Total Current Assets NA NA NA
Net Property, Plant & Equipment 3,997.16 4,388.91 4,417.83
Total Assets 4,477.66 4,830.94 4,789.38
Liabilities      
Accounts Payable 16.46 36.98 33.50
Debt in Current Liabilities 81.28 30.49 30.59
Total Current Liabilities NA NA NA
Long-Term Debt 1,687.67 1,687.84 1,688.07
Total Liabilities 1,785.91 1,755.80 1,752.65
Stockholder's Equity      
Minority Interest 0.50 0.50 0.50
Preferred Stock NA NA NA
Common Stock 0.94 0.94 0.94
Retained Earnings -478.94 -93.41 -130.09
Treasury Stock NA NA NA
Total Stockholders' Equity 2,689.82 3,073.21 3,034.80
Total Liabilities and Stockholders' Equity 4,475.73 4,829.01 4,787.45

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 19.02 72.25 84.00
Net Cash Provided by Investing Activities 0.89 19.22 50.44
Net Cash Provided by Financing Activities 47.37 -2.58 -11.79

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2015575.80113.19--
12/2016471.1781.140.87
Growth Rates-18.17-28.31--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1733088,15793.98




Report Date : 10/16/2017

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