Brookdale Senior Living Inc. (BKD) Balance Sheet
BKD balance sheet, 2025
December 31, 2025 · U.S. dollars$5.95B assets = $6.00B liabilities + −$43.4M equity
Liabilities exceed assets: shareholders’ equity is negative (−$43.4M).
Both columns are drawn to the same scale: what BKD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BKD financial health
Descriptive bands, not a rating. Fiscal 2025.
BKD balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $9.22B2016 | $5.95B2025 | −4.7%/yr | |
| Total liabilities | $7.14B2016 | $6.00B2025 | −1.9%/yr | |
| Shareholders’ equity | $2.08B2016 | −$44.8M2025 | — | |
| Cash & short-term investments | $216.4M2016 | $279.1M2025 | +2.9%/yr | |
| Total debt | $6.05B2016 | $6.66B2025 | +1.1%/yr | |
| Net cash (debt) | −$5.83B2016 | −$6.38B2025 | −$556.1M | |
| Working capital | −$111.6M2016 | $400.7M2025 | +$512.4M | |
| Book value per share | $11.192016 | −$0.192025 | — | |
| Current ratio | 0.852016 | 3.622025 | +2.77 | |
| Debt / equity | 2.912016 | 26.602024 | +23.69 | |
| Shares outstanding | 185.7M2016 | 234.3M2025 | +2.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BKD assets
BKD liabilities and equity
BKD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BKD balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $279.1M | $328.8M | $307.7M | $447.5M | $529.4M | $553.3M | $308.8M | $413.1M | $514.4M | $216.4M |
| Cash & equivalents | $279.1M | $308.9M | $278.0M | $398.9M | $347.0M | $380.4M | $240.2M | $398.3M | $222.6M | $216.4M |
| Short-term investments | $0 | $19.9M | $29.8M | $48.7M | $182.4M | $172.9M | $68.6M | $14.9M | $291.8M | $32.9M |
| Receivables | $67.7M | $51.9M | $48.4M | $55.8M | $51.1M | $109.2M | $133.6M | $133.9M | $129.0M | $141.7M |
| Inventory | $0 | $0 | $41.3M | $27.7M | $30.5M | $44.1M | $69.5M | $120.8M | $143.6M | $130.7M |
| Other current assets | $207.1M | $132.2M | $80.9M | $106.1M | $87.9M | $66.9M | $84.2M | $106.2M | $114.8M | $130.7M |
| Total current assets | $553.9M | $512.9M | $478.4M | $637.1M | $699.0M | $773.6M | $596.2M | $774.0M | $901.9M | $619.5M |
| Property, plant & equipment (net) | $5.38B | $5.48B | $5.00B | $5.13B | $5.53B | $5.86B | $6.32B | $5.28B | $5.85B | $7.38B |
| Goodwill & intangible assets | $258.4M | $271.7M | $309.7M | $4.56B | $4.93B | $188.2M | $189.3M | $205.6M | $573.8M | $788.5M |
| Long-term investments | $0 | $0 | $1.9M | $55.3M | $67.4M | $4.9M | $21.2M | $27.5M | $129.8M | $167.8M |
| Other non-current assets | $0 | $67.1M | $0 | $0 | $0 | $78.9M | $69.0M | $184.7M | $217.9M | $262.6M |
| Total assets | $5.95B | $6.34B | $5.57B | $5.94B | $6.41B | $6.90B | $7.19B | $6.47B | $7.68B | $9.22B |
| Liabilities | ||||||||||
| Accounts payable | $75.1M | $65.5M | $66.5M | $71.0M | $76.1M | $71.2M | $104.7M | $95.0M | $91.8M | $77.4M |
| Short-term debt | $153.2M | $188.9M | $235.2M | $266.9M | $233.9M | $400.4M | $596.1M | $317.6M | $602.5M | $215.3M |
| Deferred revenue | — | $61.0M | $55.8M | $66.2M | $67.1M | $97.0M | $79.4M | $60.4M | $68.4M | $106.9M |
| Total current liabilities | $153.2M | $579.8M | $600.1M | $641.2M | $632.0M | $690.7M | $1.05B | $773.3M | $1.10B | $731.1M |
| Long-term debt | $4.24B | $4.29B | $3.81B | $3.78B | $3.78B | $3.85B | $3.22B | $4.20B | $4.54B | $5.83B |
| Lease obligations | $1.22B | $1.59B | $1.03B | $1.04B | $1.38B | $1.36B | $2.31B | $874.5M | $1.27B | $2.49B |
| Other long-term liabilities | $1.60B | $1.25B | $761.5M | $927.6M | $1.30B | $1.56B | $2.23B | $478.4M | $509.6M | $578.9M |
| Total liabilities | $6.00B | $6.12B | $5.17B | $5.35B | $5.71B | $6.10B | $6.50B | $5.45B | $6.15B | $7.14B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $2.5M | $2.1M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $2.0M | $4.13B | $4.10B |
| Retained earnings (deficit) | −$4.30B | −$4.04B | −$3.84B | −$3.65B | −$3.41B | −$3.31B | −$3.39B | −$3.07B | −$2.54B | −$1.97B |
| Treasury stock | — | — | — | — | −$102.8M | −$102.8M | −$84.7M | −$64.9M | −$56.4M | −$56.4M |
| Accumulated other comprehensive income | — | — | $0 | $0 | $0 | $0 | $0 | −$3.05B | −$3.06B | −$2.88B |
| Minority interest | $1.4M | $1.4M | $1.5M | $1.5M | $2.2M | $2.3M | $2.4M | −$490,000 | −$437,000 | −$250,000 |
| Total shareholders' equity | −$44.8M | $212.5M | $403.7M | $582.6M | $697.4M | $800.4M | $696.4M | $1.02B | $1.53B | $2.08B |
| Key figures | ||||||||||
| Total debt | $6.66B | $5.65B | $4.73B | $4.89B | $5.23B | $5.61B | $5.86B | $4.51B | $5.14B | $6.05B |
| Net cash (debt) | −$6.38B | −$5.32B | −$4.42B | −$4.45B | −$4.70B | −$5.06B | −$5.55B | −$4.10B | −$4.63B | −$5.83B |
| Working capital | $400.7M | −$66.8M | −$121.7M | −$4.1M | $67.0M | $82.9M | −$450.8M | $685,000 | −$193.9M | −$111.6M |
| Tangible book value | −$303.2M | −$59.2M | $93.9M | −$3.98B | −$4.23B | $612.2M | $507.0M | $812.8M | $956.5M | $1.29B |
| Book value per share | −$0.19 | $0.93 | $1.79 | $3.06 | $3.77 | $4.34 | $3.75 | $5.43 | $8.22 | $11.19 |
| Shares outstanding | 234.3M | 227.5M | 225.2M | 190.5M | 185.0M | 184.4M | 185.9M | 187.5M | 186.2M | 185.7M |
| Current ratio | 3.62 | 0.88 | 0.80 | 0.99 | 1.11 | 1.12 | 0.57 | 1.00 | 0.82 | 0.85 |
| Quick ratio | 2.26 | 0.66 | 0.59 | 0.78 | 0.92 | 0.96 | 0.42 | 0.71 | 0.59 | 0.49 |
| Debt / equity | — | 26.60 | 11.71 | 8.40 | 7.49 | 7.01 | 8.42 | 4.43 | 3.36 | 2.91 |
| Equity / assets | −0.8% | 3.4% | 7.2% | 9.8% | 10.9% | 11.6% | 9.7% | 15.7% | 19.9% | 22.5% |
| 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 | $390.3M | $270.1M | $279.1M | $253.4M | $251.9M | $239.7M | $328.8M | $284.4M | $309.7M | $318.5M | $307.7M | $397.9M |
| Cash & equivalents | $370.4M | $265.2M | $279.1M | $253.4M | $251.9M | $239.7M | $308.9M | $254.7M | $290.0M | $318.5M | $278.0M | $331.7M |
| Short-term investments | $19.9M | $4.9M | $0 | $0 | $0 | $19.9M | $19.9M | $29.7M | $19.7M | $0 | $29.8M | $66.2M |
| Receivables | $56.4M | $64.4M | $67.7M | $67.6M | $56.1M | $57.9M | $51.9M | $53.0M | $49.8M | $49.6M | $48.4M | $47.5M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45.7M | $41.3M | $53.9M |
| Other current assets | $150.4M | $218.0M | $207.1M | $215.9M | $159.5M | $156.4M | $132.2M | $136.3M | $133.3M | $101.9M | $80.9M | $94.5M |
| Total current assets | $597.1M | $552.5M | $553.9M | $536.9M | $467.5M | $454.0M | $512.9M | $473.7M | $492.8M | $515.7M | $478.4M | $593.9M |
| Property, plant & equipment (net) | $5.20B | $4.99B | $5.38B | $5.38B | $5.58B | $5.65B | $5.48B | $5.37B | $4.86B | $4.93B | $5.00B | $5.08B |
| Goodwill & intangible assets | $285.8M | $283.2M | $258.4M | $295.5M | $306.3M | $308.4M | $271.7M | $27.3M | $27.3M | $27.3M | $27.3M | $27.3M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.9M | $56.0M |
| Other non-current assets | $0 | $74.3M | $0 | $0 | $0 | $0 | $67.1M | $63.9M | $70.4M | $66.0M | $64.3M | $72.3M |
| Total assets | $5.90B | $5.90B | $5.95B | $6.01B | $6.14B | $6.21B | $6.34B | $5.94B | $5.45B | $5.54B | $5.57B | $5.83B |
| Liabilities | ||||||||||||
| Accounts payable | $83.4M | $84.3M | $75.1M | $84.8M | $83.5M | $73.2M | $65.5M | $73.3M | $74.7M | $74.5M | $66.5M | $76.8M |
| Short-term debt | $151.7M | $160.6M | $153.2M | $186.4M | $152.4M | $167.2M | $188.9M | $203.5M | $261.3M | $263.3M | $235.2M | $496.2M |
| Deferred revenue | $60.4M | — | — | $62.1M | $61.7M | $65.7M | $61.0M | $58.5M | $54.2M | $58.5M | $55.8M | $64.9M |
| Total current liabilities | $522.5M | $160.6M | $153.2M | $637.8M | $565.7M | $555.7M | $579.8M | $584.0M | $622.1M | $614.3M | $600.1M | $898.3M |
| Long-term debt | $4.22B | $4.22B | $4.24B | $4.18B | $4.26B | $4.27B | $4.29B | $4.26B | $3.68B | $3.69B | $3.66B | $3.64B |
| Lease obligations | $1.20B | $1.21B | $1.22B | $1.23B | $1.26B | $1.28B | $1.59B | $1.49B | $935.1M | $983.5M | $1.03B | $1.06B |
| Other long-term liabilities | $1.18B | $1.57B | $1.60B | $1.20B | $1.21B | $1.23B | $1.25B | $803.5M | $808.0M | $860.5M | $912.3M | $793.8M |
| Total liabilities | $5.93B | $5.95B | $6.00B | $6.02B | $6.03B | $6.06B | $6.12B | $5.64B | $5.11B | $5.17B | $5.17B | $5.34B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.4M | $2.1M | $2.1M | $2.1M | $2.0M | $2.0M | $2.0M |
| Retained earnings (deficit) | −$4.29B | −$4.31B | −$4.30B | −$4.26B | −$4.15B | −$4.10B | −$4.04B | −$3.96B | −$3.91B | −$3.87B | −$3.84B | −$3.75B |
| Accumulated other comprehensive income | — | — | — | $0 | — | — | — | — | $0 | $0 | $0 | $0 |
| Minority interest | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M | — | — | — | — | — | — | — |
| Total shareholders' equity | −$29.0M | −$55.9M | −$44.8M | −$6.7M | $105.4M | $146.7M | $212.5M | $292.9M | $340.2M | $374.0M | $403.7M | $491.8M |
| Key figures | ||||||||||||
| Total debt | $1.29B | $5.51B | $6.66B | $5.50B | $5.55B | $5.60B | $5.65B | $5.19B | $4.68B | $4.74B | $4.73B | $4.86B |
| Net cash (debt) | −$898.9M | −$5.24B | −$6.38B | −$5.24B | −$5.30B | −$5.36B | −$5.32B | −$4.91B | −$4.37B | −$4.42B | −$4.42B | −$4.46B |
| Working capital | $74.6M | $392.0M | $400.7M | −$100.8M | −$98.2M | −$101.7M | −$66.8M | −$110.3M | −$129.3M | −$98.5M | −$121.7M | −$304.3M |
| Tangible book value | −$314.8M | −$339.2M | −$303.2M | −$302.2M | −$200.9M | −$161.6M | −$59.2M | $265.6M | $312.9M | $346.7M | $376.3M | $464.5M |
| Book value per share | −$0.12 | −$0.23 | −$0.19 | −$0.03 | $0.45 | $0.64 | $0.93 | $1.28 | $1.50 | $1.66 | $1.79 | $2.18 |
| Shares outstanding | 243.9M | 238.1M | 234.3M | 234.3M | 232.7M | 230.7M | 229.3M | 228.1M | 226.8M | 225.9M | 225.4M | 225.4M |
| Current ratio | 1.14 | 3.44 | 3.62 | 0.84 | 0.83 | 0.82 | 0.88 | 0.81 | 0.79 | 0.84 | 0.80 | 0.66 |
| Quick ratio | 0.85 | 2.08 | 2.26 | 0.50 | 0.54 | 0.54 | 0.66 | 0.58 | 0.58 | 0.60 | 0.59 | 0.50 |
| Debt / equity | — | — | — | — | 52.68 | 38.15 | 26.60 | 17.72 | 13.74 | 12.68 | 11.71 | 9.89 |
| Equity / assets | −0.5% | −0.9% | −0.8% | −0.1% | 1.7% | 2.4% | 3.4% | 4.9% | 6.2% | 6.7% | 7.2% | 8.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
BKD financial position
At the end of fiscal 2025 (December 31, 2025), Brookdale Senior Living had total assets of $6.0 billion (down 6.1% from a year earlier), total liabilities of $6.0 billion and shareholders' equity of -$44.8 million. It held $279.1 million in cash and short-term investments against $6.7 billion of debt, net debt of $6.4 billion. Its current ratio was 3.62. In the latest quarter (ended June 30, 2026) total assets were $5.9 billion and equity -$29.0 million.
Related: BKD income statement, BKD cash flow statement, BKD key metrics. See the BKD stock overview for the latest quote and news.
BKD balance sheet FAQ
What are Brookdale Senior Living's total assets?
Brookdale Senior Living reported total assets of $6.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $6.3 billion a year earlier.
How much debt does Brookdale Senior Living have?
Brookdale Senior Living had $6.7 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 Brookdale Senior Living have?
Brookdale Senior Living held $279.1 million in cash and short-term investments at the end of fiscal 2025; with $6.7 billion of debt that is net debt of $6.4 billion.
What is Brookdale Senior Living's book value?
Brookdale Senior Living's shareholders' equity (book value) was -$44.8 million at the end of fiscal 2025, or −$0.19 per share.
What is Brookdale Senior Living's current ratio?
Brookdale Senior Living had current assets of $553.9 million and current liabilities of $153.2 million, a current ratio of 3.62 (it can cover its short-term obligations).
How much goodwill does Brookdale Senior Living have?
Brookdale Senior Living carried $258.4 million of goodwill and intangible assets, 4.3% of total assets, at the end of fiscal 2025.