Healthcare Services Financials

HCSG Stock  USD 12.28  0.08  0.66%   
Based on the key indicators related to Healthcare Services' liquidity, profitability, solvency, and operating efficiency, Healthcare Services Group is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. At this time, Healthcare Services' Current Assets are most likely to increase significantly in the upcoming years. The Healthcare Services' current Cash and Equivalents is estimated to increase to about 57.5 M, while Accumulated Other Comprehensive Income is projected to decrease to (1.9 M). Key indicators impacting Healthcare Services' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return on Equity0.110.086
Significantly Up
Slightly volatile
Return on Assets0.06840.051
Significantly Up
Slightly volatile
Operating Income58.7 M48 M
Fairly Up
Very volatile
Profit Margin0.02750.023
Fairly Up
Slightly volatile
Debt to Equity Ratio0.750.732
Fairly Up
Slightly volatile
Current Ratio2.722.635
Sufficiently Up
Slightly volatile
The financial analysis of Healthcare Services is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Healthcare Services includes many different criteria found on its balance sheet. For example, investors should never minimize Healthcare Services' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Healthcare Services' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Healthcare Services.

Cash and Equivalents

57.55 Million

With this module, you can analyze Healthcare financials for your investing period. You should be able to track the changes in Healthcare Services individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Healthcare Services Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Healthcare Services' financial statements are interrelated, with each one affecting the others. For example, an increase in Healthcare Services' assets may result in an increase in income on the income statement.
Evaluating Healthcare Services' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Healthcare Services' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Healthcare Services' relative financial performance

Chance Of Distress

Less than 1

 
100  
 
Zero
Very Small
Healthcare Services Group has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Healthcare Services stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Healthcare Services' odds of distress score SHOULD NOT be confused with the real chance of Healthcare Services Group filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Healthcare is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Healthcare Services' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Healthcare Services' official financial statements usually reflect Healthcare Services' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Healthcare Services. For example, before you start analyzing numbers published by Healthcare accountants, it's critical to develop an understanding of what Healthcare Services' liquidity, profitability, and earnings quality are in the context of the Commercial Services & Supplies space in which it operates.
Please note, the presentation of Healthcare Services' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Healthcare Services' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Healthcare Services' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Healthcare Services Group. Please utilize our Beneish M Score to check the likelihood of Healthcare Services' management manipulating its earnings.

Healthcare Services Company Summary

Healthcare Services competes with Broadridge Financial, BrightView Holdings, First Advantage, Franklin Covey, and LegalZoom. Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania. Healthcare Svcs operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 200 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0000731012
ISINUS4219061086
CUSIP421906108
RegionNorth America
LocationPennsylvania; U.S.A
Business Address3220 Tillman Drive,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.hcsgcorp.com
Phone215 639 4274
CurrencyUSD - US Dollar
You should never invest in Healthcare Services without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Healthcare Stock, because this is throwing your money away. Analyzing the key information contained in Healthcare Services' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Healthcare Services Key Financial Ratios

Generally speaking, Healthcare Services' financial ratios allow both analysts and investors to convert raw data from Healthcare Services' financial statements into concise, actionable information that can be used to evaluate the performance of Healthcare Services over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Healthcare Services reports annually and quarterly.

Healthcare Services Key Balance Sheet Accounts

201920202021202220232024 (projected)
Inventories36.5M31.6M26.0M21.2M18.5M27.7M
Receivables340.9M255.5M293.4M336.8M383.5M309.6M
Accounts Payable54.4M52.2M64.4M68.3M83.2M89.8M
Total Assets722.6M785.0M777.5M720.8M790.7M788.2M
Current Assets515.7M572.4M546.4M508.6M571.7M573.2M
Assets Non Current206.9M212.6M231.1M212.2M219.0M215.0M
Cash and Equivalents27.3M139.3M70.8M26.3M54.3M57.5M
Total Debt21.6M11.4M11.3M33.1M36.2M29.8M
Inventory36.5M31.6M26.0M21.2M18.5M23.5M
Investments137.7M159.4M143.7M127.8M118.0M117.6M
Investments Current90.7M125.0M114.4M95.2M93.1M92.6M
Total Liabilities262.3M304.6M324.9M302.6M334.0M321.3M
Current Liabilities148.7M162.3M191.1M189.0M216.9M202.0M
Tax Assets20.4M35.9M40.3M37.5M35.2M32.6M
Tax Liabilities15.4M7.1M8.1M7.2M8.3M8.5M

Healthcare Services Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Healthcare Services' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Direct Expenses1.6B1.5B1.4B1.5B1.5B1.3B
Consolidated Income64.6M98.7M48.5M34.2M38.4M45.5M
Cost of Revenue1.6B1.5B1.4B1.5B1.5B1.6B
Gross Profit227.9M268.0M230.6M193.3M214.7M236.0M
Interest Expense3.5M1.4M1.4M3.0M7.9M8.5M
Net Income64.6M98.7M48.5M34.2M38.4M45.5M
Operating Expenses150.0M150.8M173.1M140.3M166.8M164.7M
Operating Income77.9M117.2M57.5M53.0M48.0M58.7M
Revenues1.8B1.8B1.6B1.7B1.7B1.8B
Income Tax Expense20.5M30.5M17.0M10.3M14.7M17.6M

Healthcare Services Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Healthcare Services. It measures of how well Healthcare is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Healthcare Services brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Healthcare had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Healthcare Services has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Capital Expenditure(4.2M)(4.1M)(5.5M)(4.8M)(5.3M)(5.7M)
Depreciation Amortization and Accretion13.9M14.3M14.7M15.3M14.3M13.8M
Net Cash Flow or Change in Cash and Cash Equivalents1.3M112.0M(68.5M)(44.5M)28.1M30.3M
Issuance Purchase of Equity Shares3.7M3.0M(19.0M)516K(11.3M)(11.6M)
Issuance Repayment of Debt Securities(5.4M)(20M)(10M)25M22.5M24.3M
Payment of Dividends and Other Cash Distributions(59.0M)(60.7M)(62.2M)(63.4M)(57.0M)(61.5M)
Net Cash Flow from Financing(75.8M)(68.4M)(82.7M)(38.9M)(12.2M)(13.1M)
Net Cash Flow from Investing(16.5M)(36.8M)(23.0M)2.6M(3.3M)(3.6M)
Net Cash Flow Investment Acquisitions and Disposals(12.3M)(32.8M)6.4M7.5M2.0M2.1M
Net Cash Flow from Operations93.6M217.2M37.1M(8.2M)43.5M57.9M
Share Based Compensation6.9M7.9M8.8M9.2M9.0M8.2M

Healthcare Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Healthcare Services's current stock value. Our valuation model uses many indicators to compare Healthcare Services value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Healthcare Services competition to find correlations between indicators driving Healthcare Services's intrinsic value. More Info.
Healthcare Services Group is rated # 4 in current asset category among related companies. It is rated below average in shares outstanding category among related companies creating about  0.20  of Shares Outstanding per Current Asset. The ratio of Current Asset to Shares Outstanding for Healthcare Services Group is roughly  4.97 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Healthcare Services by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Healthcare Services' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Healthcare Services' earnings, one of the primary drivers of an investment's value.

Healthcare Services Systematic Risk

Healthcare Services' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Healthcare Services volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Healthcare Services correlated with the market. If Beta is less than 0 Healthcare Services generally moves in the opposite direction as compared to the market. If Healthcare Services Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Healthcare Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Healthcare Services is generally in the same direction as the market. If Beta > 1 Healthcare Services moves generally in the same direction as, but more than the movement of the benchmark.
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About Healthcare Services Financials

What exactly are Healthcare Services Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Healthcare Services' income statement, its balance sheet, and the statement of cash flows. Potential Healthcare Services investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Healthcare Services investors may use each financial statement separately, they are all related. The changes in Healthcare Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Healthcare Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Healthcare Services Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Healthcare Services is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Healthcare has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Healthcare Services' financials are consistent with your investment objective using the following steps:
  • Review Healthcare Services' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Healthcare Services' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Healthcare Services' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Healthcare Services' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Healthcare Services Thematic Clasifications

Healthcare Services Group is part of Healthcare investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
HealthcareView
This theme covers USA Equities from Healthcare industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Healthcare Services February 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Healthcare Services help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Healthcare Services Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Healthcare Services Group based on widely used predictive technical indicators. In general, we focus on analyzing Healthcare Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Healthcare Services's daily price indicators and compare them against related drivers.
When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Healthcare Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Services. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.458
Earnings Share
0.52
Revenue Per Share
22.499
Return On Assets
0.0397
Return On Equity
0.0877
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.