AdaptHealth Balance Sheet
NASDAQ: AHCOHealth CareMedical/Nursing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AdaptHealth financial position
At the end of fiscal 2025, AdaptHealth reported total assets of $4.32 billion, down 3.8% from a year earlier against total liabilities of $2.79 billion. Shareholders' equity stood at $1.52 billion, or 35.2% of assets. The company held $106.1 million in cash and equivalents against $1.74 billion of debt, a net debt position of $1.63 billion.
The current ratio (current assets divided by current liabilities) was 1.02, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.14.
Summary generated from market data by MetaCap's automated system. Methodology
AdaptHealth balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 106.14M | 109.75M | 77.13M | 46.27M | 149.61M | 94.36M | 22.86M | 947.10K |
| Receivables | 370.90M | 408.02M | 388.91M | 359.15M | 359.90M | 171.06M | 78.62M | 53.02M |
| Inventory | 114.89M | 139.84M | 113.64M | 127.75M | 123.09M | 58.78M | 13.24M | 7.67M |
| Total Current Assets | 728.90M | 755.79M | 649.02M | 585.31M | 670.06M | 363.25M | 181.41M | 90.79M |
| Property, Plant & Equipment | 503.19M | 474.56M | 495.10M | 487.08M | 398.58M | 110.47M | 63.56M | 61.60M |
| Goodwill | 2.46B | 2.68B | 2.72B | 3.55B | 3.51B | 998.81M | 266.79M | 202.44M |
| Intangible Assets | 35.77M | 105.55M | 130.16M | 162.77M | 202.23M | 116.06M | 0 | — |
| Total Assets | 4.32B | 4.49B | 4.51B | 5.22B | 5.25B | 1.81B | 546.54M | 368.96M |
| Accounts Payable | 352.38M | 281.85M | 211.50M | 222.50M | 248.03M | 191.04M | 79.24M | 70.60M |
| Short-Term Debt | 20.31M | 16.25M | 53.37M | 35.00M | 20.00M | 8.15M | 1.72M | 7.09M |
| Total Current Liabilities | 712.39M | 566.99M | 537.00M | 456.21M | 499.81M | 422.05M | 154.05M | 135.68M |
| Long-Term Debt | 1.72B | 1.96B | 2.09B | 2.15B | 2.18B | 776.57M | 395.11M | 127.09M |
| Total Liabilities | 2.79B | 2.91B | 3.04B | 3.06B | 3.18B | 1.53B | 612.32M | 266.19M |
| Shareholders' Equity | 1.52B | 1.57B | 1.46B | 2.15B | 2.06B | 354.89M | -38.82M | 5.00M |
| Retained Earnings | -632.97M | -562.18M | -652.60M | 26.30M | -43.02M | -199.20M | -40.26M | -13.37M |
| Total Debt | 1.74B | 1.98B | 2.15B | 2.19B | 2.20B | 784.71M | 396.83M | 134.18M |
| Net Cash (Debt) | -1.63B | -1.87B | -2.07B | -2.14B | -2.05B | -690.35M | -373.97M | -133.24M |
| Shares Outstanding | 135.45M | 134.60M | 132.63M | 134.44M | 133.84M | — | — | 7.20M |
This table shows 8 annual periods of AdaptHealth's balance sheet, from FY 2025 back to FY 2018, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow AHCO's reporting calendar. What is a balance sheet?