P3 Health Partners Balance Sheet
NASDAQ: PIIIHealth CareMedical/Nursing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
P3 Health Partners financial position
At the end of fiscal 2024, P3 Health Partners reported total assets of $656.6 million, down 16.2% from a year earlier against total liabilities of $796.9 million. Shareholders' equity was negative at -$155.2 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $25.0 million in cash and equivalents against $273.4 million of debt, a net debt position of $248.4 million.
The current ratio (current assets divided by current liabilities) was 0.24, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
P3 Health Partners balance sheet (annual)
| Fiscal year (USD) | FY 20242025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 25.01M | 38.82M | 36.32M | 17.54M | 140.48M | 36.26M | 32.59M |
| Total Current Assets | 133.08M | 184.14M | 166.02M | 100.69M | 199.86M | 90.88M | — |
| Property, Plant & Equipment | 3.37M | 5.73M | 8.69M | 8.84M | 8.05M | 6.15M | — |
| Goodwill | — | — | — | 0 | 1.31B | 871.13K | 741.13K |
| Intangible Assets | 492.42M | 574.35M | 666.73M | 751.05M | 835.84M | — | — |
| Total Assets | 656.64M | 783.42M | 860.97M | 876.57M | 2.36B | 106.44M | — |
| Accounts Payable | 11.71M | 8.44M | 8.66M | 11.54M | 5.47M | 11.79M | — |
| Short-Term Debt | 45.04M | 75.16M | 0 | 0 | 3.63M | 89.99K | — |
| Total Current Liabilities | 545.26M | 496.42M | 299.37M | 241.66M | 198.77M | 90.62M | — |
| Long-Term Debt | 228.37M | 108.91M | 108.32M | 94.42M | 80.00M | 45.39M | — |
| Total Liabilities | 796.88M | 633.89M | 427.31M | 353.91M | 299.94M | 145.96M | — |
| Shareholders' Equity | -155.23M | 75.94M | 142.13M | 5.85M | 273.55M | 22.71K | — |
| Retained Earnings | -651.14M | -503.19M | -367.34M | -309.55M | -39.42M | -130.49M | — |
| Total Debt | 273.41M | 184.06M | 108.32M | 94.42M | 83.63M | 45.48M | — |
| Net Cash (Debt) | -248.40M | -145.25M | -72.00M | -76.88M | 56.85M | -9.22M | 32.59M |
This table shows 7 annual periods of P3 Health Partners's balance sheet, from FY 2024 back to FY 2019, across 15 line items including cash & equivalents, total current assets, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow PIII's reporting calendar. What is a balance sheet?