Company Information

  

Address: 1573 MALLORY LANE  
City: BRENTWOOD 
State: TN 
Zip Code: 37027 
Telephone: 615-221-1400 

Description of Business

Primary SIC Code: 8062
(As filed with the SEC)  

The principal business of Quorum Health Corporation and its subsidiaries is to provide hospital and outpatient healthcare services in our markets across the United States. As of December 31, 2017, we owned or leased a diversified portfolio of 31 hospitals in rural and mid-sized markets, which are located in 15 states and have a total of 2,979 licensed beds. In addition, through Quorum Health Resources LLC ("QHR"), our wholly-owned subsidiary, we provide a wide range of hospital management advisory and healthcare consulting services. Over 95% of our net operating revenues for the year ended December 31, 2017 were attributable to our hospital operations business and the remainder related to our hospital management advisory and healthcare consulting services business. Our company became an independent, publicly-traded company on April 29, 2016 upon the spin-off ("Spin-off") of 38 hospitals, their affiliated facilities and QHR from Community Health Systems, Inc.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-6.55NAN/E
12/2017-4.06NAN/E
09/2017-6.30NAN/E
06/2017-5.52NAN/E
03/2017-13.05NAN/E
12/2016-12.24NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.21Total Liab/Total Assets0.94
Net Inc/Total Assets-0.06Total Liab/Inv Cap1.17
Net Inc/Inv Cap-0.08Total Liab/Comm Equity3.14
Pretax Inc/Net Sales-0.06Interest Coverage Ratio-0.10
Net Inc/Net Sales-0.06Curr Debt/Equity0.02
Cash Flow/Net Sales0.03LTD/Equity12.19
SG&A/NetSales0.94Total Debt/Equity12.21
Asset Utilization   Liquidity  
Net Receivables Turnover4.42Quick Ratio1.47
Inventory TurnoverNACurrent Ratio1.62
Inventory Day SalesNANet Rec/Curr Assets0.76
Net Sales/Work Cap9.38Inv/Curr Assets0.09
Net Sales/PP&E3.03  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 486.82 515.08 499.30 530.15
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 471.02 487.13 468.06 497.41
Operating Income -67.19 -15.93 3.12 -0.36
Interest Exp 30.93 31.87 32.22 30.46
Pretax Income -98.12 -47.80 -29.10 -30.82
Other Income -21.56 0.13 -0.08 4.32
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -98.97 -26.81 -29.19 -30.63

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 32.49 5.62 15.74 22.41
Receivables - Total 439.96 440.35 492.34 506.39
Inventories - Total 49.43 53.46 55.13 54.27
Total Current Assets 589.51 576.14 637.71 664.85
Net Property, Plant & Equipment 606.61 683.01 714.86 725.86
Total Assets 1,751.26 1,828.84 1,938.20 1,987.50
Liabilities        
Accounts Payable 312.97 307.22 303.06 314.27
Debt in Current Liabilities 1.77 1.86 1.89 1.65
Total Current Liabilities 358.76 355.34 347.16 364.47
Long-Term Debt 1,229.34 1,212.04 1,276.87 1,284.72
Total Liabilities 1,746.70 1,727.08 1,813.81 1,834.85
Stockholder's Equity        
Minority Interest 13.83 13.97 13.12 12.17
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -547.18 -448.22 -421.41 -392.22
Treasury Stock NA NA NA NA
Total Stockholders' Equity 2.24 99.44 122.81 147.04
Total Liabilities and Stockholders' Equity 1,748.94 1,826.52 1,936.62 1,981.89

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -2.59 66.18 9.74 -27.48
Net Cash Provided by Investing Activities 23.79 -8.75 -5.48 -3.60
Net Cash Provided by Financing Activities 13.68 -67.55 -10.93 -36.06

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20152,187.341.34--
12/20162,138.47-347.69-12.24
12/20172,072.17-114.19-4.06
Growth Rates-2.67----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1813727,09690.15




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.