Ardent Health Partners, LLC (ARDT) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q1'23 | Q4'18 | Q3'18 | Q2'18 | Q1'18 | Q4'17 | Q1'17 | Q2'15 | Q1'15 |
|---|
| Total Current Assets | 2.02B | 2.06B | 1.96B | 1.88B | 1.76B | 1.83B | 1.69B | 1.5B | 1.49B | 1.62B | 0 | 860.42M | 869.83M | 882.53M | 882.53M | 736.42M | 92.61M | 577.68M | 577.68M |
| Cash & Short-Term Investments | 609.69M | 709.6M | 609.44M | 540.63M | 495.04M | 556.78M | 563.14M | 334.54M | 372.77M | 437.58M | 0 | 59.66M | 60.99M | 99.14M | 99.14M | 71.96M | 92.61M | 193.62M | 193.62M |
| Cash Only | 609.69M | 709.6M | 609.44M | 540.63M | 495.04M | 556.78M | 563.14M | 334.54M | 372.77M | 437.58M | 0 | 59.66M | 60.99M | 99.14M | 99.14M | 71.96M | 0 | 193.62M | 193.62M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 685.99M | 686.1M | 729.41M | 821.64M | 776.52M | 743.03M | 744.95M | 720.99M | 722.68M | 785.76M | 0 | 529.12M | 534.58M | 537.14M | 537.14M | 453.85M | 0 | 236.72M | 236.72M |
| Days Sales Outstanding | 38.55 | 40.57 | 45.25 | 44.2 | 45.67 | 42.61 | 46.51 | 44.66 | 47.69 | 44.57 | - | 44.77 | 45.26 | 49.38 | 45.05 | 24 | - | 42.63 | 170.99 |
| Inventory | 119.84M | 118.59M | 121.59M | 118.4M | 120.36M | 115.09M | 108.23M | 105.01M | 106M | 105.48M | 0 | 84.81M | 96.71M | 96.75M | 96.75M | 84.16M | 0 | 45.99M | 45.99M |
| Days Inventory Outstanding | 16.22 | 11.89 | 16.31 | 40.14 | 40.93 | 15.71 | 38.95 | 37.01 | 37.33 | 14.52 | - | - | - | 18.35 | 16.97 | 6.09 | - | 18.18 | 72.92 |
| Other Current Assets | 604.63M | 544.53M | 366.13M | 268.56M | 238.97M | 304.09M | 154.42M | 205.22M | 191.38M | 211.99M | 0 | 100.57M | 79.74M | 64.3M | 64.3M | 66.82M | 0 | 70.62M | 70.62M |
| Total Non-Current Assets | 3.23B | 3.23B | 3.2B | 3.15B | 3.15B | 3.12B | 3.11B | 3.11B | 3.1B | 3.48B | 0 | 1.89B | 1.94B | 1.93B | 1.93B | 1.64B | -92.61M | 1.46B | 1.46B |
| Property, Plant & Equipment | 2.14B | 2.14B | 2.1B | 2.07B | 2.06B | 2.04B | 2.01B | 2B | 2B | 2.01B | 0 | 839.89M | 864.21M | 865.38M | 865.38M | 591.57M | 0 | 836.75M | 836.75M |
| Fixed Asset Turnover | 0.75x | 0.76x | 0.76x | 0.80x | 0.73x | 0.79x | 0.72x | 0.74x | 0.72x | 0.94x | - | 1.28x | 1.26x | 1.14x | 1.36x | 2.92x | - | 0.60x | 0.60x |
| Goodwill | 879.26M | 879.45M | 877.51M | 877.68M | 876.59M | 852.08M | 852M | 852M | 852.12M | 844.7M | 0 | 822.03M | 817.62M | 825.99M | 825.99M | 818.19M | 0 | 537.35M | 537.35M |
| Intangible Assets | 88.34M | 89.33M | 90.09M | 76.93M | 76.93M | 76.93M | 76.93M | 76.93M | 76.93M | 76.93M | 0 | 77.83M | 77.97M | 78.06M | 78.06M | 78.26M | 0 | 26.1M | 26.1M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 1.36M | 11.46M | 3.31M | 7.88M | 18.67M | 17.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 116.27M | 111.69M | 130M | 111.19M | 115.55M | 131.5M | 134M | 136.62M | 125.94M | 129.31M | 0 | 50.11M | 66.2M | 164.97M | 164.97M | 62.83M | -92.61M | 61.28M | 61.28M |
| Total Assets | 5.25B | 5.29B | 5.15B | 5.03B | 4.91B | 4.96B | 4.8B | 4.61B | 4.59B | 5.1B | 0 | 2.75B | 2.81B | 2.82B | 2.82B | 2.37B | 0 | 2.04B | 2.04B |
| Asset Turnover | 0.30x | 0.31x | 0.31x | 0.33x | 0.30x | 0.33x | 0.31x | 0.32x | 0.30x | 0.34x | - | 0.39x | 0.39x | 0.35x | 0.38x | 0.73x | - | 0.25x | 0.25x |
| Asset Growth % | 6.95% | 6.74% | 7.38% | 9.08% | 6.93% | -2.87% | - | - | - | - | - | 15.66% | - | - | - | - | - | - | - |
| Total Current Liabilities | 951.48M | 1.05B | 943.15M | 880.87M | 830.14M | 945.42M | 887.33M | 908.56M | 834.77M | 994.1M | 0 | 624.83M | 561.19M | 569.1M | 569.1M | 507.35M | 0 | 308.91M | 308.91M |
| Accounts Payable | 419.72M | 457.94M | 381.85M | 364.45M | 371.92M | 401.25M | 368.85M | 371.1M | 383.09M | 474.54M | 0 | 230.36M | 206.95M | 243.16M | 243.16M | 226.48M | 0 | 120.59M | 120.59M |
| Days Payables Outstanding | 59.71 | 41.59 | 50.71 | 123.8 | 134.41 | 54.17 | 135.14 | 132.29 | 151.38 | 53.77 | - | - | - | 46.13 | 44.06 | 16.39 | - | 47.67 | 191.19 |
| Short-Term Debt | 37.63M | 23.44M | 19.34M | 19.33M | 17.76M | 9.23M | 12.17M | 10.72M | 16.64M | 61.03M | 0 | 8.96M | 9.72M | 10M | 10M | 16.88M | 0 | 11.03M | 11.03M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 494.13M | 565.16M | 0 | 237.93M | 0 | 44.66M | 250.94M | 278.38M | 216.43M | 172.82M | 0 | 190.75M | 146.67M | 0 | 0 | 36.34M | 0 | 45.32M | 45.32M |
| Current Ratio | 2.12x | 1.97x | 2.08x | 2.13x | 2.12x | 1.94x | 1.91x | 1.65x | 1.79x | 1.63x | - | 1.38x | 1.55x | 1.55x | 1.55x | 1.45x | - | 1.87x | 1.87x |
| Quick Ratio | 2.00x | 1.85x | 1.95x | 2.00x | 1.98x | 1.82x | 1.78x | 1.54x | 1.66x | 1.52x | - | 1.24x | 1.38x | 1.38x | 1.38x | 1.29x | - | 1.72x | 1.72x |
| Cash Conversion Cycle | -4.94 | 10.88 | 10.85 | -39.46 | -47.81 | 4.15 | -49.69 | -50.62 | -66.36 | 5.31 | - | - | - | 21.6 | 17.96 | 13.7 | - | 13.14 | 52.72 |
| Total Non-Current Liabilities | 2.57B | 2.56B | 2.58B | 2.5B | 2.52B | 2.49B | 2.53B | 2.54B | 2.64B | 3.03B | 0 | 1.41B | 1.46B | 1.47B | 1.47B | 1.11B | -396.01M | 969.14M | 969.14M |
| Long-Term Debt | 1.18B | 1.08B | 1.09B | 1.09B | 1.09B | 1.07B | 1.08B | 1.08B | 1.17B | 1.15B | 0 | 1.25B | 1.27B | 1.29B | 1.29B | 935.81M | 0 | 859.42M | 859.42M |
| Capital Lease Obligations | 0 | 1.17B | 1.17B | 1.16B | 1.17B | 1.16B | 1.16B | 1.16B | 1.16B | 1.18B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 371.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.39B | 317.69M | 323.12M | 252.66M | 258.14M | 261.75M | 285.64M | 299.55M | 315.44M | 319.55M | 0 | 157.7M | 189.03M | 176.83M | 176.83M | 171.09M | -396.01M | 109.72M | 109.72M |
| Total Liabilities | 3.52B | 3.61B | 3.52B | 3.38B | 3.35B | 3.43B | 3.41B | 3.45B | 3.48B | 4.02B | 0 | 2.03B | 2.02B | 2.03B | 2.03B | 1.61B | -396.01M | 1.28B | 1.28B |
| Total Debt | 1.21B | 2.26B | 2.28B | 2.27B | 2.28B | 2.28B | 2.25B | 2.25B | 2.34B | 2.4B | 0 | 1.26B | 1.28B | 1.3B | 1.3B | 952.69M | 0 | 870.45M | 870.45M |
| Net Debt | 603.27M | 1.55B | 1.67B | 1.73B | 1.78B | 1.73B | 1.69B | 1.91B | 1.97B | 1.96B | 0 | 1.2B | 1.22B | 1.2B | 1.2B | 880.73M | 0 | 676.83M | 676.83M |
| Debt / Equity | 0.70x | 1.34x | 1.39x | 1.38x | 1.45x | 1.50x | 1.62x | 1.93x | 2.10x | 2.21x | - | 1.77x | 1.61x | 1.66x | 1.66x | 2.49x | - | 1.14x | 1.14x |
| Debt / EBITDA | 10.32x | 15.53x | 7.75x | 12.84x | 22.04x | 6.09x | 21.02x | - | 21.09x | 11.53x | - | 14.70x | 14.23x | 7.97x | 7.97x | 390.77x | - | 6.70x | 6.70x |
| Net Debt / EBITDA | 5.13x | 10.66x | 5.68x | 9.77x | 17.24x | 4.61x | 15.76x | - | 17.73x | 9.42x | - | 14.01x | 13.55x | 7.36x | 7.36x | 361.25x | - | 5.21x | 5.21x |
| Interest Coverage | 6.63x | 8.46x | 1.18x | 9.28x | 6.23x | 11.65x | 4.90x | 5.53x | 4.45x | 2.74x | 2.99x | 2.37x | 1.84x | 0.60x | 0.60x | -1.56x | 2.10x | 2.01x | 2.01x |
| Total Equity | 1.73B | 1.68B | 1.63B | 1.65B | 1.56B | 1.52B | 1.39B | 1.16B | 1.12B | 1.08B | 0 | 711.84M | 792.75M | 782.58M | 782.58M | 382.55M | 396.01M | 761.13M | 761.13M |
| Equity Growth % | 10.66% | 10.68% | 17.66% | 41.6% | 40.3% | 40.66% | - | - | - | - | - | 86.07% | - | - | 97.62% | - | - | - | - |
| Book Value per Share | 12.21 | 11.91 | 11.55 | 11.67 | 11.12 | 11.47 | 10.08 | 8.14 | 7.78 | 7.62 | - | 1.50 | 5.62 | 2.03 | 2.03 | - | 2.81 | 10.02 | 10.02 |
| Total Shareholders' Equity | 1.73B | 1.69B | 1.24B | 1.25B | 1.18B | 1.13B | 1.01B | 739.9M | 699.16M | 670.9M | 0 | 331.64M | 409.35M | 400.65M | 400.65M | 0 | 396.01M | 453.19M | 453.19M |
| Common Stock | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 1.43M | 497.62M | 497.39M | 496.88M | 0 | 504.69M | 502.57M | 500.81M | 500.81M | 0 | 0 | 268.41M | 268.41M |
| Retained Earnings | 541.46M | 501.61M | 456.65M | 480.13M | 407.18M | 365.8M | 251.59M | 225.27M | 182.5M | 155.45M | 0 | -167.16M | -94.68M | -100.17M | -100.17M | -24.14M | 0 | 76.1M | 76.1M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.45M | -3.61M | -2.63M | -396K | 3.93M | 9.74M | 9.49M | 17.01M | 19.26M | 18.56M | 0 | -5.89M | 1.45M | 0 | 0 | 0 | 266.54M | 0 | 0 |
| Minority Interest | -3.76M | -1.25M | 393.63M | 391.79M | 389.32M | 390.98M | 381M | 422.76M | 415.97M | 411.42M | 0 | 380.19M | 383.41M | 381.93M | 381.93M | 382.55M | 0 | 307.94M | 307.94M |