Financial Statement Field 2016 2015
Benefit Expense $8,347,000 $25,363,000
Cash $1,858,000 $9,426,000
Current Assets $166,524,000 $111,405,000
Current Liabilities $158,848,000 $160,364,000
Depreciation and Amortization Expense $15,246,000 $16,094,000
Excess of Revenues over Expenses $16,800,000 $21,646,000
Interest Expense $3,215,000 $1,756,000
Long-term debt $56,238,000 $58,146,000
Long-term Investments $2,500,000 $3,525,000
Marketable Securities $21,312,000 $41,520,200
Net Assets $3,263,000 $15,087,000
Net Patient Accounts Receivable $33,119,000 $45,732,000
Net Patient Revenues (Service) $234,663,000 $263,491,000
Net Receivables $25,852,000 $24,565,000
Operating Expense $50,450,000 $52,350,000
Operating Income $8,950,000 $6,525,000
Principal Payments $1,500,000 $1,350,525
Salary Expense (Labor) $16,514,000 $103,495,000
Total Assets $347,376,000 $330,493,000
Total Operating Expenses $258,013,000 $275,632,000
Total Operating Revenues $237,092,000 $253,499,522
Calculations to perform:
Calculate these 2 horizontal ratios ( from Operations sheet)
Net patient service revenue (2016 to 2015)
Net assets, end of year (2016 to 2015
Calculate these 2 vertical analysis (from balance sheet)
Total 2016 labor expense as a percentage of total operating expenses
2016 current assets and 2016 current liabilities
Liquidity ratios (2016)
Current ratio
Days in accounts receivable
Revenue, expense and profitability ratios (2016)
Operating margin
Return on net assets
Salary and benefit expense as a percentage of operating expense
Capital structure ratios (2016)
Long-term debt to net asset ratio