Quorum Health Corp
Healthcare · Services-General Medical & Surgical Hospitals, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|
| Revenue | $442.8M | $486.8M | $2.07B | $2.14B | — |
| Operating income | −$28.4M | −$71.0M | −$12.1M | −$285.6M | $106.3M |
| Net income | −$39.0M | −$99.0M | −$114.2M | −$347.7M | $1.3M |
| Total assets | $1.49B | $1.57B | $1.83B | $1.99B | $2.29B |
| Total liabilities | $1.73B | $1.65B | $1.71B | $1.77B | $2.27B |
| Equity | −$251.2M | −$90.4M | $99.4M | $201.1M | $0 |
| EPS (diluted) | — | — | — | — | — |
| Shares out. | 31.4M | 30.2M | 30.2M | 28.4M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −6.4%
- Net margin
- −8.8%
- Return on equity
- 15.5%
- Return on assets
- −2.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 115.7%
- Debt / equity
- —
- Book value / share
- $-8.01
- Revenue growth (YoY)
- −9.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Altman Z″ (distress)
- -7.08distress
- Accruals / assets
- −0.4%clean
- Beneish M-Score
- -2.51normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2020
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2017
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Terminated a material agreement · Bankruptcy or receivership · New financial obligation · Unregistered equity sale · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJul 7, 2020
- Regulation FD disclosureJun 29, 2020
- Director / officer change · Other material eventMay 12, 2020
- Entered a material agreement · New financial obligation · Delisting / listing-standard noticeApr 13, 2020
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Director / officer change · Regulation FD disclosureApr 7, 2020
- Delisting / listing-standard notice · Regulation FD disclosureMar 27, 2020
- Other material eventMar 11, 2020
- Delisting / listing-standard notice · Regulation FD disclosureDec 6, 2019
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13D/AAMENDMENT NO. 4 TO THE SCHEDULE 13DJul 10, 2020
- SC 13D/AJul 9, 2020
- SC 13D/AJul 9, 2020
- 15-12BFORM 15-12BJul 7, 2020
- S-8 POSFORM S-8 POSJul 7, 2020
- S-8 POSFORM S-8 POSJul 7, 2020
- S-8 POSFORM S-8 POSJul 7, 2020
- S-8 POSFORM S-8 POSJul 7, 2020
- S-8 POSFORM S-8 POSJul 7, 2020
- 8-KFORM 8-KJul 7, 2020
- 8-KFORM 8-KJun 29, 2020
- 10-QMay 15, 2020
- 8-KFORM 8-KMay 12, 2020
- SC 13D/AAMENDMENT NO. 3 TO THE SCHEDULE 13DMay 5, 2020
- SC 13D/AAMENDMENT NO. 2 TO THE SCHEDULE 13DApr 29, 2020