For the quarter ending 2026-03-31, NHC had -$5,859K decrease in cash & cash equivalents over the period. $52,893K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 36,103 | 25,194 | 41,009 | 56,403 |
| Depreciation and amortization | 11,614 | 11,769 | 11,158 | 21,993 |
| Equity in losses of unconsolidated investments | -346 | -294 | -104 | 616 |
| Gain on sale of unconsolidated company | - | 0 | 0 | 0 |
| Gain on sale of property and equipment | - | - | 0 | 3,606 |
| Distributions from unconsolidated investments | - | 0 | 0 | 616 |
| Unrealized gains on marketable equity securities | 9,074 | -4,404 | 20,827 | 5,921 |
| Gain on sale of property and equipment | - | 3,606 | - | - |
| Gains on sale of marketable securities | 173 | 295 | 392 | 480 |
| Deferred income taxes | -2,725 | -3,877 | -4,006 | 1,406 |
| Stockbased compensation | 1,280 | 900 | 1,239 | 2,260 |
| Accounts receivable | -1,260 | 6,554 | -9,613 | 6,736 |
| Inventories | 1,355 | -49 | -48 | -1,147 |
| Prepaid expenses and other assets | 1,335 | -1,992 | -2,605 | 23 |
| Operating lease obligations | 233 | 171 | 173 | 351 |
| Trade accounts payable | -1,396 | 200 | 1,288 | -4,214 |
| Accrued payroll | 5,658 | -6,074 | -1,653 | 18,925 |
| Amounts due to third party payors | 323 | -1,321 | -100 | -191 |
| Accrued risk reserves | 4,905 | 7,563 | 5,050 | 5,366 |
| Other current liabilities | 7,238 | -25,650 | 13,121 | 17,129 |
| Other noncurrent liabilities | 4,181 | 288 | -245 | 1,077 |
| Net cash provided by operating activities | 62,533 | 16,807 | 66,197 | 102,074 |
| Purchases of property and equipment | 9,640 | 10,397 | 9,708 | 16,341 |
| Acquisition of white oak senior living, net of cash acquired-White Oak Senior Living | - | - | 0 | - |
| Acquisition of businesses, net of cash acquired-Other Business Acquisitions | - | 0 | 0 | - |
| Proceeds from the sale of unconsolidated company | - | - | 0 | 0 |
| Acquisition of businesses, net of cash acquired-White Oak Senior Living Portfolio | - | 0 | - | - |
| Investments in unconsolidated companies | 3,594 | 2,506 | -82 | 3,205 |
| Collections of notes receivable | 0 | 0 | -47 | -465 |
| Purchases of marketable securities | 10,938 | 8,235 | 9,677 | 47,276 |
| Proceeds from sale of assets | - | 0 | - | - |
| Proceeds from sale of marketable securities | 10,284 | 8,204 | 21,234 | 43,455 |
| Net cash used in investing activities | -13,888 | -12,934 | 1,978 | -22,902 |
| Borrowings under credit facility | - | 0 | 0 | - |
| Repayments under credit facility | 40,000 | 33,125 | 36,875 | 27,000 |
| Debt issuance costs | - | 0 | - | - |
| Principal payments under finance lease obligations | - | 0 | 0 | 0 |
| Dividends paid to common stockholders | 9,941 | 9,931 | 9,919 | 18,854 |
| Noncontrolling interest contributions | - | 150 | 0 | - |
| Issuance of common stock | 12,268 | 4,799 | 2,953 | 6,462 |
| Repurchase of common shares | 16,321 | 5,164 | 3,182 | 6,384 |
| Noncontrolling interest distributions | 324 | - | - | - |
| Entrance fee deposits (refunds) | -186 | 51 | 20 | 44 |
| Net cash used in financing activities | -54,504 | -43,220 | -47,003 | -45,732 |
| Net increase/(decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents | -5,859 | -39,347 | 21,172 | 33,440 |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, beginning of period | 112,187 | 151,534 | 96,922 | - |
| Cash, cash equivalents, restricted cash, and restricted cash equivalents, end of period | 106,328 | 112,187 | 151,534 | - |
NATIONAL HEALTHCARE CORP (NHC)
NATIONAL HEALTHCARE CORP (NHC)