HCA Healthcare Balance Sheet Health
Financial Health criteria checks 2/6
HCA Healthcare has a total shareholder equity of $-1.2B and total debt of $44.5B, which brings its debt-to-equity ratio to -3593.1%. Its total assets and total liabilities are $59.5B and $60.8B respectively. HCA Healthcare's EBIT is $11.1B making its interest coverage ratio 5.1. It has cash and short-term investments of $1.0B.
Key information
-3,593.13%
Debt to equity ratio
US$44.48b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$1.04b |
| Equity | -US$1.24b |
| Total liabilities | US$60.77b |
| Total assets | US$59.54b |
Recent financial health updates
Recent updates
HCA Healthcare: Medicaid Changes Will Weigh On Future Results (Rating Downgrade)
Jul 02Not Many Are Piling Into HCA Healthcare, Inc. (NYSE:HCA) Just Yet
Jun 29
Despite Regulatory Uncertainties, HCA Healthcare Looks Healthy
Apr 22We Think HCA Healthcare (NYSE:HCA) Might Have The DNA Of A Multi-Bagger
Mar 28HCA Healthcare's (NYSE:HCA) Upcoming Dividend Will Be Larger Than Last Year's
Mar 04Many Still Looking Away From HCA Healthcare, Inc. (NYSE:HCA)
Feb 11HCA Healthcare's (NYSE:HCA) Dividend Will Be Increased To $0.72
Jan 27HCA Healthcare Q4 Earnings Recap: Overreaction To One-Time Event
Jan 24Is It Too Late To Consider Buying HCA Healthcare, Inc. (NYSE:HCA)?
Jan 12HCA Healthcare: Sentiment Has Swung Too Negative
Dec 29We Think HCA Healthcare (NYSE:HCA) Can Stay On Top Of Its Debt
Dec 26Shareholders Would Enjoy A Repeat Of HCA Healthcare's (NYSE:HCA) Recent Growth In Returns
Nov 10HCA Healthcare Q3 Earnings Preview: Step Change In Value (Rating Upgrade)
Oct 22HCA Healthcare, Inc. (NYSE:HCA) Not Lagging Market On Growth Or Pricing
Oct 16HCA Healthcare, Inc.'s (NYSE:HCA) Intrinsic Value Is Potentially 63% Above Its Share Price
Oct 01HCA Healthcare: Still A Great Play On Long-Term Growth And Valuation
Sep 28Is It Too Late To Consider Buying HCA Healthcare, Inc. (NYSE:HCA)?
Sep 16HCA Healthcare Is Finally At Fair Value (Rating Downgrade)
Mar 19HCA Healthcare: Improving Margins Now Reflected In Shares (Rating Downgrade)
Feb 29HCA Healthcare Continues To Impress
Dec 14HCA Remains Attractive Despite A JV Misstep
Nov 20Financial Position Analysis
Short Term Liabilities: HCA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HCA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HCA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HCA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HCA's debt is well covered by operating cash flow (26.8%).
Interest Coverage: HCA's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/05 11:35 |
| End of Day Share Price | 2025/09/05 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HCA Healthcare, Inc. is covered by 50 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| Hua Ha | Baird |
| Ishan Majumdar | Baptista Research |