Financial Condition Analysis

Anonymous

Question Description

Find attached spreadsheet.

For each ratio, provide a brief ratio analysis, trend analysis and comparative analysis. Ratio Analysis: Briefly explain what the ratio means Trend Analysis Compare 2017 numbers with 2016 numbers and explain if the numbers improved or declined and briefly why this could have occurred Comparative Analysis Compare WTRH 2017 with industry averages and explain how WTRH did compared to other comparable hospitals.

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Instructions: Using the Income Statement and Balance Sheet below, calculate each of the ratios below in the yellow cell. Use formulas to show your work. INCOME STATEMENT - WEST TEXAS REGIONAL HOSPITAL Patient service revenue Less: Provision for bad debts Net patient service revenue Premium revenue Other revenue Total operating revenue 2017 $164,500 10,500 $154,000 7,250 4,850 $166,100 Nursing services Dietary services General services Administrative services Employee health and welfare Malpractice insurance Depreciation Interest expense Total expenses Operating income Nonoperating income Net income $78,550 7,825 27,950 22,125 12,500 1,675 9,750 3,125 $163,500 $2,600 $4,825 $7,425 RATIOS PROFITABILITY Total Margin Operating Margin ROA (return on assets) ROE (return on equity) LIQUIDITY RATIOS Current Ratio BALANCE SHEET - WEST TEXAS REGIONAL HOSPITAL 2017 Cash and equivalents $5,820 Short-term investments 5,275 Net patient accts receivable 29,650 Inventories 8,125 Total current assets $48,870 Gross plant and equipment 185,125 Accumulated depreciation 59,750 Net plant and equipment $125,375 Total Assets $174,245 Days Cash on Hand Debt Ratio Times Interest Earned Accounts payable Accrued expenses Notes payable Total current liabilities $9,375 6,855 5,250 $21,480 ASSET MANAGEMENT RATIOS Long-term debt Capital lease obligations Total long-term liabilities Net assets (equity) Total liabilities & equity $33,125 1,925 $35,050 $117,715 $174,245 Fixed Asset Turnover Total Asset Turnover Days in Patient AR Average Age of Plant For each ratio, provide a brief ratio analysis, trend analysis and compa ch of the ratios below in Ratio Analysis: Trend Analysis Comparative Analysis WTRH 2017 WTRH 2016 Industry Averages 5.2% 5.3% Ratio Analysis Trend Analysis Comparative Analysis 3.5% 3.6% Ratio Analysis Trend Analysis Comparative Analysis 4.9% 4.9% Ratio Analysis Trend Analysis Comparative Analysis 7.4% 8.3% Ratio Analysis Trend Analysis Comparative Analysis 2.0 2.0 Ratio Analysis Trend Analysis Comparative Analysis 22.6 31.5 Ratio Analysis Trend Analysis Comparative Analysis 34.2% 41.8% Ratio Analysis Trend Analysis Comparative Analysis 4.6 4.0 Ratio Analysis Trend Analysis Comparative Analysis 1.2 2.1 Ratio Analysis Trend Analysis Comparative Analysis 0.9 0.8 Ratio Analysis Trend Analysis Comparative Analysis 62.0 68.0 Ratio Analysis Trend Analysis Comparative Analysis 5.6 9.1 Ratio Analysis Trend Analysis Comparative Analysis provide a brief ratio analysis, trend analysis and comparative analysis. Briefly explain what the ratio means Compare 2017 numbers with 2016 numbers and explain if the numbers improved or declined and briefly why this could have Compare WTRH 2017 with industry averages and explain how WTRH did compared to other comparable hospitals. fly why this could have occurred For each ratio, provide a brief ratio analy Instructions: Using the Income Statement and Balance Sheet below, calculate each of the ratios below in the yellow cell. Use formulas to show your work. WEST TEXAS REGIONAL HOSPITAL OPERATING DATA Net inpatient revenue Net outpatient revenue Net patient service revenue Inpatient operating expenses Total salaries Total discharges Inpatient days # licensed and staffed beds Average daily census Total FTEs Inpatient FTEs OPERATING INDICATOR ANALYSIS Profit per Discharge Indicator Analysis: Comparative Analysis 2017 $36,200,000 $67,850,000 $104,050,000 $30,825,000 $31,050,000 5,925 34,575 200 95 1,025 575 WTRH 2017 Industry Average $785 Indicator Analysis Comparative Analysis Net Price per Discharge Net inpatient revenue Total discharges $5,750 Indicator Analysis Comparative Analysis Outpatient Revenue % Net outpatient revenue Net patient service revenue 58.5% Indicator Analysis Comparative Analysis Occupany Rate 49.2% Indicator Analysis Comparative Analysis 4.7 Indicator Analysis Comparative Analysis 5.6 Indicator Analysis Comparative Analysis $32,987 Indicator Analysis Comparative Analysis Inpatient profit Total discharges Inpatient days # Licensed beds x calendar days Average Length of Stay Inpatient days Total discharges Inpatient FTEs per Occupied Bed Inpatient FTEs Average daily census Salary per FTE Total salaries Total FTEs provide a brief ratio analysis, trend analysis and comparative analysis. Briefly explain what the indicator means Compare WTRH 2017 with industry averages and explain how WTRH did compared to other comparable hospitals. ...
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Robert__F
School: University of Maryland

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Instructions: Using the Income Statement and Balance Sheet below, calculate each of the ratios below in
the yellow cell. Use formulas to show your work.

INCOME STATEMENT - WEST TEXAS REGIONAL HOSPITAL

Patient service revenue
Less: Provision for bad debts
Net patient service revenue
Premium revenue
Other revenue
Total operating revenue

2017
$164,500
10,500
$154,000
7,250
4,850
$166,100

Nursing services
Dietary services
General services
Administrative services
Employee health and welfare
Malpractice insurance
Depreciation
Interest expense
Total expenses
Operating income
Nonoperating income
Net income

$78,550
7,825
27,950
22,125
12,500
1,675
9,750
3,125
$163,500
$2,600
$4,825
$7,425

RATIOS

PROFITABILITY
Total Margin

Operating Margin

ROA (return on assets)

ROE (return on equity)

LIQUIDITY RATIOS
Current Ratio

BALANCE SHEET - WEST TEXAS REGIONAL HOSPITAL
2017
Cash and equivalents
$5,820
Short-term investments
5,275
Net patient accts receivable
29,650
Inventories
8,125
Total current assets
$48,870
Gross plant and equipment
185,125
Accumulated depreciation
59,750
Net plant and equipment
$125,375
Total Assets
$174,245

Days Cash on Hand

Debt Ratio

Times Interest Earned
Accounts payable
Accrued expenses
Notes payable
Total current liabilities

$9,375
6,855
5,250
$21,480

ASSET MANAGEMENT RATIOS

Long-term debt
Capital lease ob...

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