HCA Healthcare, Inc. (HCA) quarterly balance sheet — complete assets, liabilities & equity history
HCA Healthcare, Inc. (HCA) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 14.96B | 16.05B | 13.56B | 15.29B | 15.56B | 16.26B | 16.41B | 16.66B | 15.17B | 15.28B | 14.93B | 14.29B | 13.89B | 13.54B | 13.64B | 13.48B | 13.94B | 15.01B | 13.54B | 13.25B |
| Cash & Short-Term Investments | 1.01B | 940M | 1.04B | 997M | 1.04B | 1.06B | 1.93B | 2.89B | 831M | 1.28B | 935M | 891M | 862M | 842M | 908M | 999M | 858M | 2.37B | 1.45B | 1.03B |
| Cash Only | 1.01B | 940M | 1.04B | 997M | 939M | 1.06B | 1.93B | 2.89B | 831M | 1.28B | 935M | 891M | 862M | 842M | 908M | 999M | 858M | 2.37B | 1.45B | 1.03B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 101M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 12.28B | 11.32B | 10.87B | 10.43B | 10.46B | 11.09B | 10.75B | 9.91B | 10.24B | 10.04B | 9.96B | 9.18B | 8.71B | 8.66B | 8.89B | 8.55B | 8.63B | 8.52B | 8.1B | 8.43B |
| Days Sales Outstanding | 53.09 | 52.26 | 50.2 | 50.14 | 52.69 | 53.64 | 51.99 | 53.02 | 52.76 | 52.49 | 50.88 | 50.77 | 49.83 | 50.65 | 51.78 | 52.79 | 52.65 | 50.03 | 50.47 | 48.39 |
| Inventory | 1.66B | 1.68B | 1.65B | 1.73B | 1.79B | 1.79B | 1.74B | 1.78B | 1.8B | 1.9B | 2.02B | 2.03B | 2.05B | 2.08B | 2.07B | 2.01B | 2.04B | 2B | 1.99B | 2.02B |
| Days Inventory Outstanding | 8.86 | 9.23 | 13.74 | 14.55 | 14.86 | 14.77 | 15.09 | 15.64 | 16.33 | 66.84 | 72.12 | 77.65 | 75.93 | 77.13 | 77.21 | 80.34 | 80.01 | 77.34 | 76.32 | 75.56 |
| Other Current Assets | 0 | 2.11B | 0 | 2.13B | 2.27B | 2.32B | 1.99B | 2.08B | 2.3B | 2.05B | 2.01B | 2.19B | 2.26B | 1.96B | 1.78B | 1.92B | 2.41B | 2.11B | 2.01B | 1.77B |
| Total Non-Current Assets | 45.58B | 45.4B | 47.16B | 44.46B | 43.97B | 43.54B | 43.1B | 42.8B | 42.21B | 41.68B | 41.28B | 40.3B | 39.71B | 39.17B | 38.8B | 38B | 37.65B | 37.2B | 37.2B | 36.31B |
| Property, Plant & Equipment | 34.1B | 33.57B | 31.14B | 32.68B | 32.28B | 31.87B | 31.55B | 31.25B | 30.82B | 30.31B | 29.92B | 29.2B | 28.75B | 28.09B | 27.64B | 27.07B | 26.73B | 26.37B | 26.18B | 25.65B |
| Fixed Asset Turnover | 0.60x | 0.59x | 0.61x | 0.59x | 0.58x | 0.58x | 0.58x | 0.56x | 0.57x | 0.58x | 0.59x | 0.56x | 0.56x | 0.56x | 0.57x | 0.56x | 0.56x | 0.57x | 0.58x | 0.60x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 9.77B | 0 | 0 | 0 | 9.61B | 0 | 0 | 0 | 9.29B | 0 | 0 | 0 | 9.14B | 0 |
| Intangible Assets | 10.66B | 10.5B | 10.29B | 10.28B | 10.27B | 10.24B | 323M | 9.98B | 9.96B | 9.97B | 339M | 9.78B | 9.64B | 9.59B | 359M | 9.65B | 9.59B | 9.53B | 403M | 9.15B |
| Long-Term Investments | 813M | 1B | 633M | 1.23B | 1.19B | 1.21B | 1.23B | 1.26B | 1.19B | 1.21B | 1.23B | 1.12B | 1.11B | 1.18B | 1.2B | 816M | 814M | 849M | 886M | 830M |
| Other Non-Current Assets | 0 | 326M | 5.09B | 277M | 236M | 226M | 230M | 309M | 240M | 199M | 184M | 200M | 196M | 319M | 298M | 461M | 514M | 462M | 598M | 685M |
| Total Assets | 60.53B | 61.45B | 60.72B | 59.75B | 59.54B | 59.8B | 59.51B | 59.46B | 57.38B | 56.96B | 56.21B | 54.59B | 53.59B | 52.71B | 52.44B | 51.48B | 51.58B | 52.21B | 50.74B | 49.56B |
| Asset Turnover | 0.33x | 0.31x | 0.32x | 0.32x | 0.31x | 0.31x | 0.31x | 0.30x | 0.31x | 0.31x | 0.31x | 0.30x | 0.30x | 0.30x | 0.30x | 0.29x | 0.29x | 0.29x | 0.30x | 0.31x |
| Asset Growth % | 1.67% | 2.76% | 2.03% | 0.48% | 3.76% | 4.98% | 5.87% | 8.92% | 7.06% | 8.06% | 7.2% | 6.03% | 3.9% | 0.96% | 3.34% | 3.88% | 7.1% | 10.43% | 6.85% | -2.85% |
| Total Current Liabilities | 19.14B | 19.26B | 16.35B | 17.9B | 15.94B | 13.63B | 15.18B | 14.9B | 14.3B | 13.14B | 12.65B | 12.41B | 11.54B | 11.03B | 9.9B | 9.78B | 9B | 10.52B | 9.58B | 9.62B |
| Accounts Payable | 4.75B | 4.81B | 4.66B | 4.55B | 4.25B | 4.49B | 4.28B | 4.24B | 4.03B | 4.74B | 4.23B | 4.14B | 3.82B | 3.77B | 4.24B | 4.16B | 3.74B | 4.01B | 4.11B | 3.76B |
| Days Payables Outstanding | 25.34 | 26.22 | 37.37 | 36.33 | 36.2 | 36.65 | 36.56 | 36.14 | 38.64 | 152.77 | 149.04 | 151.53 | 139.4 | 148.72 | 159.08 | 156.7 | 153.29 | 157.45 | 149.97 | 136.15 |
| Short-Term Debt | 8.1B | 8.53B | 6.74B | 6.11B | 5.1B | 3.52B | 4.7B | 4.68B | 4.57B | 3.03B | 2.42B | 2.55B | 2.4B | 2.38B | 370M | 218M | 246M | 1.49B | 237M | 250M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.9B | 3.9B | 2.42B | 4.94B | 0 | 0 | 910M | 0 | 0 | 0 | 867M | 0 | 0 | 0 | 794M | 0 | 0 | 0 | 549M | 0 |
| Current Ratio | 0.78x | 0.83x | 0.83x | 0.85x | 0.98x | 1.19x | 1.08x | 1.12x | 1.06x | 1.16x | 1.18x | 1.15x | 1.20x | 1.23x | 1.38x | 1.38x | 1.55x | 1.43x | 1.41x | 1.38x |
| Quick Ratio | 0.69x | 0.75x | 0.73x | 0.76x | 0.86x | 1.06x | 0.97x | 1.00x | 0.94x | 1.02x | 1.02x | 0.99x | 1.03x | 1.04x | 1.17x | 1.17x | 1.32x | 1.24x | 1.21x | 1.17x |
| Cash Conversion Cycle | 36.61 | 35.27 | 26.57 | 28.37 | 31.35 | 31.76 | 30.53 | 32.51 | 30.44 | -33.44 | -26.04 | -23.11 | -13.65 | -20.95 | -30.09 | -23.57 | -20.64 | -30.08 | -23.18 | -12.2 |
| Total Non-Current Liabilities | 44.53B | 45.17B | 47.14B | 44.01B | 44.84B | 46.6B | 43.78B | 43.77B | 41.74B | 42.55B | 42.5B | 41.83B | 41.59B | 41.45B | 42.61B | 42.48B | 43.73B | 41.28B | 39.67B | 38.11B |
| Long-Term Debt | 38.87B | 39.49B | 41.6B | 38.4B | 39.38B | 41.06B | 38.33B | 38.28B | 36.31B | 37.16B | 37.17B | 36.79B | 36.54B | 36.48B | 37.71B | 37.49B | 38.66B | 36.21B | 34.34B | 32.05B |
| Capital Lease Obligations | 1.81B | 1.82B | 1.85B | 1.84B | 1.88B | 1.86B | 1.86B | 1.92B | 1.89B | 1.91B | 1.9B | 1.78B | 1.81B | 1.72B | 1.75B | 1.76B | 1.8B | 1.79B | 1.75B | 1.74B |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.85B | 3.86B | 3.69B | 3.77B | 3.58B | 3.69B | 3.58B | 3.57B | 3.54B | 3.48B | 3.42B | 3.26B | 3.25B | 3.26B | 3.14B | 3.22B | 3.27B | 3.28B | 3.57B | 4.32B |
| Total Liabilities | 63.67B | 64.43B | 63.49B | 61.91B | 60.77B | 60.24B | 58.96B | 58.67B | 56.04B | 55.69B | 55.15B | 54.23B | 53.13B | 52.48B | 52.51B | 52.26B | 52.73B | 51.79B | 49.25B | 47.74B |
| Total Debt | 48.78B | 49.84B | 50.2B | 46.35B | 46.36B | 46.44B | 45.24B | 44.89B | 42.77B | 42.1B | 41.86B | 41.12B | 40.74B | 40.57B | 40.2B | 39.47B | 40.7B | 39.49B | 36.73B | 34.04B |
| Net Debt | 47.76B | 48.91B | 49.16B | 45.35B | 45.42B | 45.38B | 43.3B | 42B | 41.94B | 40.82B | 40.92B | 40.23B | 39.88B | 39.73B | 39.29B | 38.47B | 39.84B | 37.12B | 35.27B | 33.01B |
| Debt / Equity | - | - | - | - | - | - | 81.51x | 57.11x | 31.94x | 33.15x | 39.49x | 115.19x | 88.37x | 174.88x | - | - | - | 95.38x | 24.66x | 18.65x |
| Debt / EBITDA | 12.16x | 13.14x | 12.28x | 12.03x | 12.11x | 12.50x | 12.22x | 13.80x | 12.05x | 12.55x | 11.66x | 14.27x | 13.30x | 12.72x | 12.71x | 13.65x | 13.41x | 13.46x | 11.79x | 10.67x |
| Net Debt / EBITDA | 11.91x | 12.89x | 12.02x | 11.77x | 11.86x | 12.21x | 11.70x | 12.92x | 11.81x | 12.17x | 11.40x | 13.96x | 13.02x | 12.45x | 12.42x | 13.30x | 13.13x | 12.65x | 11.33x | 10.35x |
| Interest Coverage | 5.12x | 4.92x | 5.67x | 5.31x | 5.25x | 5.25x | 5.04x | 4.70x | 5.42x | 5.39x | 5.78x | 4.37x | 4.73x | 5.01x | 8.25x | 4.82x | 5.08x | 5.47x | 7.67x | 9.16x |
| Total Equity | -3.14B | -2.98B | -2.77B | -2.16B | -1.24B | -438M | 555M | 786M | 1.34B | 1.27B | 1.06B | 357M | 461M | 232M | -73M | -778M | -1.14B | 414M | 1.49B | 1.82B |
| Equity Growth % | -153.8% | -579.91% | -599.28% | -374.68% | -192.46% | -134.49% | -47.64% | 120.17% | 190.46% | 447.41% | 1552.05% | 145.89% | 140.37% | -43.96% | -104.9% | -142.63% | -163.8% | -83.32% | -48.51% | 40.49% |
| Book Value per Share | -14.10 | -13.14 | -12.01 | -8.90 | -5.12 | -1.76 | 2.17 | 3.02 | 5.07 | 4.74 | 3.91 | 1.32 | 1.66 | 0.83 | -0.26 | -2.68 | -3.86 | 1.35 | 4.72 | 5.63 |
| Total Shareholders' Equity | -6.58B | -6.3B | -6.03B | -5.33B | -4.39B | -3.52B | -2.5B | -2.18B | -1.6B | -1.61B | -1.77B | -2.48B | -2.3B | -2.5B | -2.77B | -3.37B | -3.68B | -2.03B | -933M | -695M |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M |
| Retained Earnings | -6.25B | -5.98B | -5.72B | -5.03B | -4.09B | -3.16B | -2.12B | -1.81B | -1.17B | -1.19B | -1.35B | -1.99B | -1.85B | -2.03B | -2.28B | -2.78B | -3.17B | -1.59B | -532M | -206M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -327M | -327M | -305M | -309M | -309M | -357M | -387M | -378M | -433M | -433M | -425M | -491M | -456M | -470M | -490M | -592M | -515M | -447M | -404M | -492M |
| Minority Interest | 3.43B | 3.33B | 3.26B | 3.18B | 3.16B | 3.08B | 3.05B | 2.97B | 2.94B | 2.88B | 2.83B | 2.83B | 2.76B | 2.73B | 2.69B | 2.59B | 2.54B | 2.45B | 2.42B | 2.52B |