HEALTH MANAGEMENT ASSOCIATES, INC
Healthcare · Services-General Medical & Surgical Hospitals, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | $490.1M | $440.9M |
| Net income | $37.7M | $55.5M | $150.1M | $138.2M |
| Total assets | $6.40B | $6.00B | $4.91B | $4.60B |
| Total liabilities | $5.17B | $5.02B | $4.18B | $4.06B |
| Equity | $1.00B | $769.1M | $520.9M | $355.2M |
| EPS (diluted) | $0.15 | $0.22 | $0.60 | $0.56 |
| Shares out. | 254.4M | 251.8M | 251.1M | 247.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- —
- Net margin
- —
- Return on equity
- 3.8%
- Return on assets
- 0.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 80.7%
- Debt / equity
- 5.15×
- Book value / share
- $3.95
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- −32.1%
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 · FY2012- Accruals / assets
- −8.7%clean
- Piotroski F-Score
- 4/7mixed
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. What these scores mean →
Signs
● 1 severe● 1 warning● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- 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-Qmissed a reporting deadline ↗Nov 13, 2013
- NT 10-Kmissed a reporting deadline ↗Dec 14, 2005
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- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJan 27, 2014
- Other material eventJan 23, 2014
- Shareholder vote · Other material eventJan 8, 2014
- Other material eventDec 23, 2013
- Other material eventNov 22, 2013
- Other material eventNov 13, 2013
- Results of operations · Regulation FD disclosureNov 13, 2013
- Results of operations · Other material eventNov 13, 2013
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 ↗- S-3ASRMay 6, 2015
- SC 13GHMAIFeb 20, 2015
- SC 13G/AAQR CAPITAL MANAGEMENT LLCFeb 17, 2015
- 424B3Sep 26, 2014
- EFFECTSep 25, 2014
- S-4FORM S-4Sep 17, 2014
- SC 13G/AFeb 14, 2014
- SC 13G/ADISCLOSURE DOCUMENTFeb 14, 2014
- SC 13G/AFeb 11, 2014
- SC 13GFeb 11, 2014
- SC 13G/AFeb 10, 2014
- 15-12BFeb 10, 2014
- SC 13G/ADISCLOSURE DOCUMENTFeb 10, 2014
- SC 13G/AFeb 4, 2014
- 4FORM 4Jan 29, 2014
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.