Accendra Health Inc (ACH) Balance Sheet
ACH balance sheet, 2025
December 31, 2025 · U.S. dollars$2.45B assets = $2.91B liabilities + −$461.0M equity
Liabilities exceed assets: shareholders’ equity is negative (−$461.0M).
Both columns are drawn to the same scale: what ACH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ACH financial health
Descriptive bands, not a rating. Fiscal 2025.
ACH balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.72B2016 | $2.45B2025 | −1.1%/yr | |
| Total liabilities | $1.76B2016 | $2.91B2025 | +5.8%/yr | |
| Shareholders’ equity | $960.0M2016 | −$461.0M2025 | — | |
| Cash & short-term investments | $185.5M2016 | $282.0M2025 | +4.8%/yr | |
| Total debt | $564.6M2016 | $2.23B2025 | +16.5%/yr | |
| Net cash (debt) | −$379.1M2016 | −$1.95B2025 | −$1.6B | |
| Working capital | $927.4M2016 | −$399.2M2025 | −$1.3B | |
| Book value per share | $15.712016 | −$5.992025 | — | |
| Current ratio | 1.902016 | 0.582025 | −1.32 | |
| Debt / equity | 0.592016 | 3.792024 | +3.20 | |
| Shares outstanding | 61.1M2016 | 76.9M2025 | +2.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ACH assets
ACH liabilities and equity
ACH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ACH balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $282.0M | $49.4M | $243.0M | $69.5M | $55.7M | $118.2M | $67.0M | $66.3M | $104.5M | $185.5M |
| Cash & equivalents | $282.0M | $49.4M | $243.0M | $69.5M | $55.7M | $118.2M | $67.0M | $66.3M | $104.5M | $185.5M |
| Receivables | $95.9M | $690.2M | $598.3M | $763.5M | $681.6M | $700.8M | $674.7M | $756.7M | $758.9M | $606.1M |
| Inventory | $74.4M | $1.13B | $1.11B | $1.33B | $1.50B | $1.23B | $1.15B | $1.29B | $990.2M | $916.3M |
| Other current assets | $95.5M | $149.5M | $150.9M | $128.6M | $88.6M | $83.1M | $519.4M | $425.5M | $328.3M | $254.2M |
| Total current assets | $547.9M | $2.02B | $2.10B | $2.30B | $2.32B | $2.14B | $2.41B | $2.54B | $2.18B | $1.96B |
| Property, plant & equipment (net) | $365.3M | $865.0M | $840.5M | $858.9M | $511.2M | $460.4M | $457.6M | $386.7M | $206.5M | $191.7M |
| Goodwill & intangible assets | $1.36B | $1.63B | $2.00B | $2.12B | $633.9M | $675.4M | $678.2M | $735.9M | $898.3M | $497.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $174.0M | $142.2M | $149.3M | $111.7M | $69.6M | $63.9M | $100.0M | $112.6M | $89.6M | $66.5M |
| Total assets | $2.45B | $4.66B | $5.09B | $5.39B | $3.54B | $3.34B | $3.64B | $3.77B | $3.38B | $2.72B |
| Liabilities | ||||||||||
| Accounts payable | $363.6M | $1.25B | $1.17B | $1.15B | $1.00B | $1.00B | $808.0M | $1.07B | $947.6M | $750.8M |
| Short-term debt | $293.3M | $45.2M | $292.6M | $94.7M | $43.9M | $34.5M | $82.8M | $28.7M | — | — |
| Deferred revenue | — | — | $116.4M | — | — | — | $40.5M | −$28.7M | — | — |
| Total current liabilities | $947.1M | $1.87B | $1.89B | $1.57B | $1.34B | $1.35B | $1.42B | $1.47B | $1.31B | $1.03B |
| Long-term debt | $1.80B | $1.81B | $1.89B | $2.48B | $947.5M | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $70.3M | $300.7M | $222.4M | $215.5M | $162.2M | — | — | — | — | — |
| Other long-term liabilities | $165.8M | $409.1M | $386.7M | $391.2M | $306.5M | $1.28B | $1.76B | $1.78B | $1.05B | $723.1M |
| Total liabilities | $2.91B | $4.09B | $4.17B | $4.44B | $2.60B | $2.62B | $3.18B | $3.26B | $2.36B | $1.76B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $152.8M | $154.4M | $153.1M | $152.6M | $150.9M | $146.9M | $125.7M | $124.6M | $123.0M | $122.1M |
| Retained earnings (deficit) | −$1.08B | $6.0M | $368.7M | $410.0M | $387.6M | $167.0M | $137.8M | $200.7M | $690.7M | $685.5M |
| Accumulated other comprehensive income | −$885,000 | −$49.3M | −$31.8M | −$35.9M | −$40.6M | −$38.5M | −$52.7M | −$45.6M | −$25.1M | −$67.5M |
| Total shareholders' equity | −$461.0M | $565.2M | $924.2M | $945.6M | $938.5M | $712.1M | $462.2M | $518.4M | $1.02B | $960.0M |
| Key figures | ||||||||||
| Total debt | $2.23B | $2.14B | $2.41B | $2.79B | $1.15B | $1.14B | $1.71B | $1.65B | $900.7M | $564.6M |
| Net cash (debt) | −$1.95B | −$2.09B | −$2.16B | −$2.72B | −$1.10B | −$1.02B | −$1.64B | −$1.58B | −$796.2M | −$379.1M |
| Working capital | −$399.2M | $147.3M | $210.9M | $728.7M | $977.8M | $790.1M | $991.1M | $1.07B | $872.2M | $927.4M |
| Tangible book value | −$1.83B | −$1.06B | −$1.08B | −$1.17B | $304.6M | $36.6M | −$216.0M | −$217.5M | $117.2M | $462.6M |
| Book value per share | −$5.99 | $7.37 | $12.19 | $12.41 | $12.43 | $11.21 | $7.63 | $8.64 | $16.92 | $15.71 |
| Shares outstanding | 76.9M | 76.7M | 75.8M | 76.2M | 75.5M | 63.5M | 60.6M | 60.0M | 60.0M | 61.1M |
| Current ratio | 0.58 | 1.08 | 1.11 | 1.47 | 1.73 | 1.59 | 1.70 | 1.72 | 1.67 | 1.90 |
| Quick ratio | 0.40 | 0.39 | 0.44 | 0.53 | 0.55 | 0.61 | 0.52 | 0.56 | 0.66 | 0.77 |
| Debt / equity | — | 3.79 | 2.60 | 2.95 | 1.23 | 1.60 | 3.70 | 3.18 | 0.89 | 0.59 |
| Equity / assets | −18.8% | 12.1% | 18.1% | 17.6% | 26.5% | 21.3% | 12.7% | 13.7% | 30.1% | 35.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $7.7M | $336.9M | $282.0M | $32.8M | $38.3M | $59.4M | $49.4M | $45.5M | $257.1M | $244.9M | $243.0M | $215.2M |
| Cash & equivalents | $7.7M | $336.9M | $282.0M | $32.8M | $38.3M | $59.4M | $49.4M | $45.5M | $257.1M | $244.9M | $243.0M | $215.2M |
| Receivables | $120.1M | $103.7M | $95.9M | $202.7M | $196.4M | $580.2M | $690.2M | $661.7M | $664.3M | $669.9M | $598.3M | $682.7M |
| Inventory | $73.3M | $65.3M | $74.4M | $63.8M | $69.2M | $1.41B | $1.13B | $1.24B | $1.23B | $1.14B | $1.11B | $1.08B |
| Other current assets | $70.4M | $82.6M | $95.5M | $1.83B | $1.99B | $158.0M | $149.5M | $167.0M | $174.2M | $177.0M | $150.9M | $148.0M |
| Total current assets | $271.4M | $588.5M | $547.9M | $2.13B | $2.30B | $2.21B | $2.02B | $2.12B | $2.33B | $2.24B | $2.10B | $2.13B |
| Property, plant & equipment (net) | $305.7M | $329.7M | $365.3M | $378.8M | $379.5M | $903.4M | $865.0M | $856.0M | $861.5M | $851.4M | $840.5M | $840.7M |
| Goodwill & intangible assets | $1.31B | $1.34B | $1.36B | $1.39B | $1.42B | $1.62B | $1.63B | $1.96B | $1.96B | $1.98B | $2.00B | $2.02B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $224.1M | $162.4M | $174.0M | $131.9M | $53.5M | $131.8M | $140.2M | $153.3M | $154.5M | $142.3M | $149.3M | $136.5M |
| Total assets | $2.11B | $2.42B | $2.45B | $4.04B | $4.15B | $4.86B | $4.66B | $5.08B | $5.30B | $5.21B | $5.09B | $5.12B |
| Liabilities | ||||||||||||
| Accounts payable | $352.8M | $374.8M | $363.6M | $339.7M | $357.0M | $1.38B | $1.25B | $1.34B | $1.38B | $1.22B | $1.17B | $1.18B |
| Short-term debt | — | $581.2M | $293.3M | $280.0M | $426.7M | $49.9M | $50.7M | $48.0M | $216.4M | $218.3M | $292.6M | $117.6M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | $116.4M | — |
| Total current liabilities | $666.2M | $1.20B | $947.1M | $2.47B | $2.67B | $1.96B | $1.87B | $1.93B | $2.13B | $1.93B | $1.89B | $1.73B |
| Long-term debt | $1.72B | $1.52B | $1.80B | $1.84B | $1.59B | $1.90B | $1.80B | $1.84B | $0 | $0 | $0 | $0 |
| Lease obligations | $63.2M | $67.5M | $70.3M | $81.4M | $81.0M | $333.1M | $300.7M | $288.0M | — | — | — | — |
| Other long-term liabilities | $274.1M | $155.7M | $165.8M | $164.5M | $166.3M | $427.7M | $418.1M | $430.2M | $2.31B | $2.38B | $2.28B | $2.51B |
| Total liabilities | $2.66B | $2.88B | $2.91B | $4.47B | $4.44B | $4.29B | $4.09B | $4.21B | $4.44B | $4.31B | $4.17B | $4.24B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $153.8M | $153.2M | $152.8M | $154.6M | $154.4M | $154.4M | $154.4M | $154.1M | $154.1M | $152.9M | $153.1M | $153.0M |
| Retained earnings (deficit) | −$1.18B | −$1.09B | −$1.08B | −$1.02B | −$871.9M | $1.0M | $6.0M | $302.1M | $314.9M | $346.8M | $368.7M | $350.9M |
| Accumulated other comprehensive income | −$1.1M | −$798,000 | −$885,000 | −$30.4M | −$30.2M | −$44.2M | −$49.3M | −$27.4M | −$48.7M | −$43.4M | −$31.8M | −$45.0M |
| Total shareholders' equity | −$550.9M | −$464.8M | −$461.0M | −$429.5M | −$281.0M | $571.0M | $565.2M | $874.6M | $860.7M | $894.9M | $924.2M | $886.9M |
| Key figures | ||||||||||||
| Total debt | $1.78B | $2.17B | $2.23B | $2.20B | $2.10B | $2.27B | $2.14B | $2.17B | $2.39B | $2.44B | $2.41B | $2.46B |
| Net cash (debt) | −$1.77B | −$1.83B | −$1.95B | −$2.16B | −$2.06B | −$2.21B | −$2.09B | −$2.13B | −$2.13B | −$2.19B | −$2.16B | −$2.24B |
| Working capital | −$394.8M | −$614.6M | −$399.2M | −$334.3M | −$376.0M | $246.0M | $147.3M | $182.4M | $195.9M | $303.3M | $210.9M | $398.1M |
| Tangible book value | −$1.86B | −$1.80B | −$1.83B | −$1.82B | −$1.70B | −$1.04B | −$1.06B | −$1.08B | −$1.10B | −$1.08B | −$1.08B | −$1.13B |
| Book value per share | −$7.18 | −$6.06 | −$6.01 | −$5.56 | −$3.65 | $7.39 | $7.32 | $11.35 | $11.22 | $11.73 | $11.88 | $11.64 |
| Shares outstanding | 76.7M | 76.7M | 76.7M | 77.3M | 76.9M | 77.3M | 77.2M | 77.1M | 76.7M | 76.3M | 77.8M | 76.2M |
| Current ratio | 0.41 | 0.49 | 0.58 | 0.86 | 0.86 | 1.13 | 1.08 | 1.09 | 1.09 | 1.16 | 1.11 | 1.23 |
| Quick ratio | 0.19 | 0.37 | 0.40 | 0.10 | 0.09 | 0.33 | 0.39 | 0.37 | 0.43 | 0.47 | 0.44 | 0.52 |
| Debt / equity | — | — | — | — | — | 3.98 | 3.79 | 2.48 | 2.77 | 2.72 | 2.60 | 2.77 |
| Equity / assets | −26.1% | −19.2% | −18.8% | −10.6% | −6.8% | 11.8% | 12.1% | 17.2% | 16.2% | 17.2% | 18.1% | 17.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 20, 2026); data from EODHD.
ACH financial position
At the end of fiscal 2025 (December 31, 2025), Accendra Health had total assets of $2.5 billion (down 47.3% from a year earlier), total liabilities of $2.9 billion and shareholders' equity of -$461.0 million. It held $282.0 million in cash and short-term investments against $2.2 billion of debt, net debt of $2.0 billion. Its current ratio was 0.58. In the latest quarter (ended June 30, 2026) total assets were $2.1 billion and equity -$550.9 million.
Related: ACH income statement, ACH cash flow statement, ACH key metrics. See the ACH stock overview for the latest quote and news.
ACH balance sheet FAQ
What are Accendra Health's total assets?
Accendra Health reported total assets of $2.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $4.7 billion a year earlier.
How much debt does Accendra Health have?
Accendra Health had $2.2 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Accendra Health have?
Accendra Health held $282.0 million in cash and short-term investments at the end of fiscal 2025; with $2.2 billion of debt that is net debt of $2.0 billion.
What is Accendra Health's book value?
Accendra Health's shareholders' equity (book value) was -$461.0 million at the end of fiscal 2025, or −$5.99 per share.
What is Accendra Health's current ratio?
Accendra Health had current assets of $547.9 million and current liabilities of $947.1 million, a current ratio of 0.58 (current liabilities exceed current assets).
How much goodwill does Accendra Health have?
Accendra Health carried $1.4 billion of goodwill and intangible assets, 55.7% of total assets, at the end of fiscal 2025.