Diversicare Healthcare Services (Diversicare Healthcare Services) Cash-to-Debt : 0.06 (As of Sep. 2021)

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What is Diversicare Healthcare Services Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Diversicare Healthcare Services's cash to debt ratio for the quarter that ended in Sep. 2021 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Diversicare Healthcare Services couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2021.

The historical rank and industry rank for Diversicare Healthcare Services's Cash-to-Debt or its related term are showing as below:

DVCR's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.74
* Ranked among companies with meaningful Cash-to-Debt only.

Diversicare Healthcare Services Cash-to-Debt Historical Data

The historical data trend for Diversicare Healthcare Services's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Diversicare Healthcare Services Cash-to-Debt Chart

Diversicare Healthcare Services Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.05

0.04

0.01

0.09

Diversicare Healthcare Services Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.09	0.09	0.07	0.06

Competitive Comparison of Diversicare Healthcare Services's Cash-to-Debt

For the Medical Care Facilities subindustry, Diversicare Healthcare Services's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Diversicare Healthcare Services's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Diversicare Healthcare Services's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Diversicare Healthcare Services's Cash-to-Debt falls into.

Diversicare Healthcare Services Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Diversicare Healthcare Services's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	30.821	/	(30.243	+	332.681)
	=	0.08

Diversicare Healthcare Services's Cash to Debt Ratio for the quarter that ended in Sep. 2021 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	19.257	/	(32.864	+	308.127)
	=	0.06

Diversicare Healthcare Services (OTCPK:DVCR) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Diversicare Healthcare Services Cash-to-Debt Related Terms

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Diversicare Healthcare Services (Diversicare Healthcare Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Diversicare Healthcare Services Inc (OTCPK:DVCR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1621 Galleria Boulevard, Brentwood, TN, USA, 37027

Website

http://www.dvcr.com

Diversicare Healthcare Services Inc provides post-acute care services to the skilled nursing facility, patients, and residents in ten states, primarily in the Southeast, Midwest, and Southwest United States. The company provides a broad range of post-acute care services to patients and residents including skilled nursing, ancillary health care services and assisted living. In addition to the nursing and social services usually provided in long-term care centers, it also offers a variety of rehabilitative, nutritional, respiratory, and other specialized ancillary services. The group derives revenue from Medicaid, Medicare, Managed Care, and Private Pay and Other sources.

Executives

Osmium Partners, Llc	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis	10 percent owner	388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp	10 percent owner	300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Rebecca Bodie	officer: Executive VP & COO	1621 GALLERIA BLVD. BRENTWOOD TN 37027
Kerry D. Massey	officer: Executive V.P. & CFO	1621 GALLERIA BLVD. BRENTWOOD TN 37027
Leslie K. Morgan	director	C/O DIVERSICARE HEALTHCARE SERVICES INC. 1621 GALLERIA BLVD. BRENTWOOD TN 37027
Leslie Campbell	officer: COO and Executive VP	1621 GALLERIA BOULEVARD BRENTWOOD TN 37027
Mcknight James Reed Jr.	director, officer: CEO and President	1621 GALLERIA BOULEVARD BRENTWOOD TN 37027
Robert Z Hensley	director	C/O 1621 GALLERY BLVD., BRENTWOOD TN 37027
Richard M Brame	director	C/O 1621 GALLERY BLVD. BRENTWOOD TN 37027
Leedle Ben R Jr	director	3841 GREEN HILLS VILLAGE DR NASHVILLE TN 37215
Mccabe Robert A Jr	director	500 CHURCH ST, STE 200, NASHVILLE TN 37219
Chad A. Mccurdy	director, 10 percent owner	1621 GALLERIA BLVD BRENTWOOD TN 37027