Stock Analysis on Net

HCA Healthcare Inc. (NYSE:HCA)

This company has been moved to the archive! The financial data has not been updated since May 3, 2022.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

HCA Healthcare Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net fixed asset turnover 2.46 2.44 2.46 2.39 2.27 2.22 2.21 2.17 2.25 2.26 2.28 2.28 2.26 2.36 2.41 2.44 2.45 2.44
Net fixed asset turnover (including operating lease, right-of-use asset) 2.27 2.24 2.26 2.19 2.08 2.04 2.04 2.01 2.08 2.09 2.11 2.10 2.08 2.36 2.41 2.44 2.45 2.44
Total asset turnover 1.14 1.16 1.17 1.16 1.11 1.09 1.00 1.03 1.14 1.14 1.14 1.07 1.10 1.19 1.21 1.20 1.19 1.19
Equity turnover 213.15 90.09

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. HCA Healthcare Inc. net fixed asset turnover ratio deteriorated from Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 exceeding Q3 2021 level.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). HCA Healthcare Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 exceeding Q3 2021 level.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. HCA Healthcare Inc. total asset turnover ratio deteriorated from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Net Fixed Asset Turnover

HCA Healthcare Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 14,945 15,064 15,276 14,435 13,977 14,293 13,311 11,068 12,861 13,523 12,694 12,602 12,517 12,274 11,451 11,529 11,423 11,562 10,696 10,733 10,623
Property and equipment, net 24,228 24,063 23,547 23,471 23,188 23,199 22,941 23,071 22,985 22,715 22,002 21,467 21,128 19,757 19,041 18,544 18,124 17,895 17,329 16,768 16,462
Long-term Activity Ratio
Net fixed asset turnover1 2.46 2.44 2.46 2.39 2.27 2.22 2.21 2.17 2.25 2.26 2.28 2.28 2.26 2.36 2.41 2.44 2.45 2.44
Benchmarks
Net Fixed Asset Turnover, Competitors2
Abbott Laboratories 5.00 4.81 4.79 4.56 4.23 3.83 3.74 3.77 4.06 3.97
Cigna Group 47.95 46.73 41.42 40.56 39.29 37.85 37.05 36.02 35.37 34.45
CVS Health Corp. 23.26 22.56 22.24 21.90 21.42 21.25 21.48 21.52 21.49 21.24
Danaher Corp. 7.94 7.77 7.71 7.84 7.59 6.83 6.68 6.35 6.03 7.78
Elevance Health Inc. 35.81 34.94 34.54 34.17 34.94 34.69 34.61 32.74 32.30 32.92
Humana Inc. 27.05 26.97 27.83 29.47 31.04 32.05 32.90 33.07 33.20 32.93
Intuitive Surgical Inc. 3.00 3.04 3.16 3.13 2.86 2.76 2.85 3.00 3.36 3.52
Medtronic PLC 6.12 5.77 5.56 5.64 5.72 5.99 6.52 6.50 6.51 6.54 6.65 6.70 6.62 6.51
UnitedHealth Group Inc. 32.16 31.81 31.77 30.94 30.76 29.64 30.80 30.30 29.91 27.60

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Net fixed asset turnover = (RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021 + RevenuesQ2 2021) ÷ Property and equipment, net
= (14,945 + 15,064 + 15,276 + 14,435) ÷ 24,228 = 2.46

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. HCA Healthcare Inc. net fixed asset turnover ratio deteriorated from Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 exceeding Q3 2021 level.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

HCA Healthcare Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 14,945 15,064 15,276 14,435 13,977 14,293 13,311 11,068 12,861 13,523 12,694 12,602 12,517 12,274 11,451 11,529 11,423 11,562 10,696 10,733 10,623
 
Property and equipment, net 24,228 24,063 23,547 23,471 23,188 23,199 22,941 23,071 22,985 22,715 22,002 21,467 21,128 19,757 19,041 18,544 18,124 17,895 17,329 16,768 16,462
Right-of-use operating lease assets 2,138 2,113 2,099 2,118 2,083 2,024 1,972 1,863 1,828 1,834 1,770 1,787 1,812
Property and equipment, net (including operating lease, right-of-use asset) 26,366 26,176 25,646 25,589 25,271 25,223 24,913 24,934 24,813 24,549 23,772 23,254 22,940 19,757 19,041 18,544 18,124 17,895 17,329 16,768 16,462
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 2.27 2.24 2.26 2.19 2.08 2.04 2.04 2.01 2.08 2.09 2.11 2.10 2.08 2.36 2.41 2.44 2.45 2.44
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
CVS Health Corp. 9.44 9.09 8.55 8.37 8.15 8.04 8.08 8.02 7.95 7.77

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021 + RevenuesQ2 2021) ÷ Property and equipment, net (including operating lease, right-of-use asset)
= (14,945 + 15,064 + 15,276 + 14,435) ÷ 26,366 = 2.27

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). HCA Healthcare Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q3 2021 to Q4 2021 but then improved from Q4 2021 to Q1 2022 exceeding Q3 2021 level.

Total Asset Turnover

HCA Healthcare Inc., total asset turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 14,945 15,064 15,276 14,435 13,977 14,293 13,311 11,068 12,861 13,523 12,694 12,602 12,517 12,274 11,451 11,529 11,423 11,562 10,696 10,733 10,623
Total assets 52,208 50,742 49,562 48,164 47,277 47,490 51,016 48,709 45,421 45,058 43,912 45,449 43,379 39,207 38,044 37,742 37,299 36,593 35,731 34,566 33,795
Long-term Activity Ratio
Total asset turnover1 1.14 1.16 1.17 1.16 1.11 1.09 1.00 1.03 1.14 1.14 1.14 1.07 1.10 1.19 1.21 1.20 1.19 1.19
Benchmarks
Total Asset Turnover, Competitors2
Abbott Laboratories 0.60 0.57 0.57 0.55 0.51 0.48 0.47 0.46 0.48 0.47
Cigna Group 1.15 1.11 1.09 1.07 1.06 1.02 0.97 0.96 0.99 0.98
CVS Health Corp. 1.28 1.25 1.21 1.20 1.18 1.16 1.14 1.12 1.13 1.15
Danaher Corp. 0.36 0.35 0.34 0.34 0.33 0.29 0.28 0.27 0.26 0.29
Elevance Health Inc. 1.42 1.41 1.35 1.33 1.29 1.39 1.34 1.28 1.31 1.33
Humana Inc. 1.86 1.87 1.78 2.08 2.08 2.17 1.90 1.82 1.94 2.21
Intuitive Surgical Inc. 0.43 0.42 0.42 0.42 0.39 0.39 0.41 0.43 0.47 0.46
Medtronic PLC 0.34 0.32 0.29 0.29 0.30 0.32 0.33 0.34 0.34 0.34 0.34 0.34 0.33 0.33
UnitedHealth Group Inc. 1.33 1.34 1.30 1.29 1.27 1.30 1.31 1.28 1.29 1.38

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Total asset turnover = (RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021 + RevenuesQ2 2021) ÷ Total assets
= (14,945 + 15,064 + 15,276 + 14,435) ÷ 52,208 = 1.14

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. HCA Healthcare Inc. total asset turnover ratio deteriorated from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.

Equity Turnover

HCA Healthcare Inc., equity turnover calculation (quarterly data)

Microsoft Excel
Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in millions)
Revenues 14,945 15,064 15,276 14,435 13,977 14,293 13,311 11,068 12,861 13,523 12,694 12,602 12,517 12,274 11,451 11,529 11,423 11,562 10,696 10,733 10,623
Stockholders’ equity (deficit) attributable to HCA Healthcare, Inc. (2,033) (933) (695) (593) 247 572 (974) (1,786) (2,962) (2,808) (3,565) (3,902) (4,354) (4,950) (5,605) (5,989) (6,244) (6,806) (6,780) (6,792) (7,017)
Long-term Activity Ratio
Equity turnover1 213.15 90.09
Benchmarks
Equity Turnover, Competitors2
Abbott Laboratories 1.26 1.20 1.23 1.19 1.11 1.06 1.03 1.03 1.06 1.03
Cigna Group 3.81 3.66 3.56 3.40 3.36 3.16 3.24 3.24 3.39 3.36
CVS Health Corp. 4.05 3.87 3.82 3.79 3.81 3.86 3.86 3.87 4.01 4.00
Danaher Corp. 0.65 0.65 0.65 0.62 0.61 0.56 0.54 0.52 0.58 0.59
Elevance Health Inc. 3.97 3.80 3.71 3.65 3.65 3.64 3.43 3.26 3.41 3.25
Humana Inc. 5.63 5.15 4.96 5.34 5.48 5.54 4.65 4.86 5.44 5.35
Intuitive Surgical Inc. 0.49 0.48 0.48 0.48 0.45 0.45 0.47 0.50 0.54 0.54
Medtronic PLC 0.61 0.59 0.55 0.56 0.56 0.57 0.60 0.61 0.61 0.61 0.61 0.61 0.60 0.59
UnitedHealth Group Inc. 4.06 3.98 3.95 3.92 3.94 3.90 3.85 3.87 4.29 4.17

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q1 2022 Calculation
Equity turnover = (RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021 + RevenuesQ2 2021) ÷ Stockholders’ equity (deficit) attributable to HCA Healthcare, Inc.
= (14,945 + 15,064 + 15,276 + 14,435) ÷ -2,033 =

2 Click competitor name to see calculations.