Community Health Systems, Inc. (CYH) Balance Sheet

NYSE: CYHAssets, liabilities, debt and equity over 10 years.

CYH balance sheet, 2025

December 31, 2025 · U.S. dollars

$13.20B assets = $14.04B liabilities + −$837.0M equity

Liabilities exceed assets: shareholders’ equity is negative (−$837.0M).

Both columns are drawn to the same scale: what CYH owns equals what it owes plus shareholders’ equity. Hover a block for its value.

CYH financial health

Current ratio1.46

Adequate · current assets cover current liabilities 1.46×

Equity / assets−10.6%

Thin equity · of assets funded by shareholders

Cash / debt2.2%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles26.2%

Acquisition-heavy · of total assets

Descriptive bands, not a rating. Fiscal 2025.

CYH balance sheet trends, 2016–2025

Community Health Systems, Inc. balance sheet trends
Metric	Then	Latest	Change
Total assets	$21.94B2016	$13.20B2025	−5.5%/yr
Total liabilities	$19.66B2016	$14.04B2025	−3.7%/yr
Shareholders’ equity	$1.61B2016	−$1.39B2025	—
Cash & short-term investments	$238.0M2016	$260.0M2025	+1.0%/yr
Total debt	$15.24B2016	$11.58B2025	−3.0%/yr
Net cash (debt)	−$15.01B2016	−$11.32B2025	+$3.7B
Working capital	$1.78B2016	$1.03B2025	−$753.0M
Book value per share	$14.582016	−$10.332025	—
Current ratio	1.622016	1.462025	−0.15
Shares outstanding	110.7M2016	135.0M2025	+2.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

CYH assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

CYH liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

CYH debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

CYH balance sheet

Community Health Systems, Inc. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$260.0M	$37.0M	$38.0M	$118.0M	$507.0M	$1.68B	$216.0M	$196.0M	$563.0M	$238.0M
Cash & equivalents	$260.0M	$37.0M	$38.0M	$118.0M	$507.0M	$1.68B	$216.0M	$196.0M	$563.0M	$238.0M
Short-term investments	—	—	—	—	—	—	—	—	$0	$0
Receivables	$2.26B	$2.45B	$2.36B	$2.14B	$2.18B	$2.06B	$2.40B	$2.51B	$2.54B	$3.36B
Inventory	$322.0M	$331.0M	$328.0M	$353.0M	$355.0M	$335.0M	$354.0M	$402.0M	$444.0M	$480.0M
Other current assets	$394.0M	$486.0M	$481.0M	$474.0M	$441.0M	$436.0M	$462.0M	$444.0M	$524.0M	$586.0M
Total current assets	$3.23B	$3.30B	$3.21B	$3.08B	$3.48B	$4.51B	$3.43B	$3.55B	$4.07B	$4.67B
Property, plant & equipment (net)	$5.12B	$5.40B	$5.87B	$6.10B	$6.22B	$5.96B	$6.21B	$6.14B	$7.05B	$8.15B
Goodwill & intangible assets	$3.46B	$3.96B	$4.16B	$4.39B	$4.49B	$4.52B	$4.71B	$4.98B	$5.23B	$7.20B
Long-term investments	$0	$0	$0	$0	$0	$0	$199.0M	$195.0M	$172.0M	$177.0M
Other non-current assets	$1.39B	$1.39B	$1.21B	$1.09B	$1.03B	$1.01B	$1.05B	$994.0M	$930.0M	$1.76B
Total assets	$13.20B	$14.05B	$14.46B	$14.67B	$15.22B	$16.01B	$15.61B	$15.86B	$17.45B	$21.94B
Liabilities
Accounts payable	$842.0M	$784.0M	$811.0M	$686.0M	$725.0M	$683.0M	$718.0M	$772.0M	$801.0M	$880.0M
Short-term debt	$126.0M	$135.0M	$145.0M	$169.0M	$178.0M	$265.0M	$156.0M	$204.0M	$33.0M	$455.0M
Deferred revenue	—	—	$103.0M	$49.0M	—	—	—	—	—	$1.36B
Total current liabilities	$2.21B	$2.35B	$2.14B	$2.19B	$2.36B	$2.81B	$2.28B	$2.39B	$2.36B	$2.89B
Long-term debt	$10.38B	$11.43B	$11.47B	$11.61B	$12.11B	$12.09B	$13.38B	$13.39B	$13.88B	$14.79B
Lease obligations	$647.0M	$650.0M	$687.0M	$753.0M	$682.0M	$666.0M	$623.0M	—	—	—
Other long-term liabilities	$1.45B	$1.59B	$1.67B	$1.60B	$1.55B	$2.15B	$1.58B	$1.03B	$1.38B	$1.99B
Total liabilities	$14.04B	$15.37B	$15.28B	$15.40B	$16.03B	$17.06B	$17.25B	$16.82B	$17.61B	$19.66B
Shareholders' equity
Common stock & paid-in capital	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$2.02B	$1.98B
Retained earnings (deficit)	−$3.57B	−$4.08B	−$3.56B	−$3.43B	−$3.48B	−$3.71B	−$4.22B	−$3.54B	−$2.76B	−$299.0M
Treasury stock	—	—	—	—	—	—	—	—	−$7.0M	−$7.0M
Accumulated other comprehensive income	−$9.0M	−$10.0M	−$14.0M	−$21.0M	−$14.0M	−$13.0M	−$9.0M	−$10.0M	−$21.0M	−$62.0M
Minority interest	$557.0M	$597.0M	$568.0M	$92.0M	$82.0M	$87.0M	$77.0M	$72.0M	$75.0M	$113.0M
Total shareholders' equity	−$1.39B	−$1.91B	−$1.39B	−$1.37B	−$1.37B	−$1.62B	−$2.22B	−$1.53B	−$767.0M	$1.61B
Key figures
Total debt	$11.58B	$12.10B	$12.17B	$12.39B	$12.82B	$12.88B	$14.03B	$13.60B	$13.91B	$15.24B
Net cash (debt)	−$11.32B	−$12.06B	−$12.14B	−$12.27B	−$12.31B	−$11.21B	−$13.81B	−$13.40B	−$13.35B	−$15.01B
Working capital	$1.03B	$956.0M	$1.07B	$896.0M	$1.11B	$1.70B	$1.15B	$1.16B	$1.71B	$1.78B
Tangible book value	−$4.85B	−$5.88B	−$5.55B	−$5.76B	−$5.86B	−$6.15B	−$6.93B	−$6.52B	−$6.00B	−$5.58B
Book value per share	−$10.33	−$14.49	−$10.67	−$10.51	−$10.51	−$13.94	−$19.50	−$13.62	−$6.86	$14.58
Shares outstanding	135.0M	132.1M	130.4M	130.1M	130.6M	116.5M	113.7M	112.7M	111.8M	110.7M
Current ratio	1.46	1.41	1.50	1.41	1.47	1.60	1.50	1.48	1.73	1.62
Quick ratio	1.14	1.06	1.12	1.03	1.13	1.33	1.14	1.13	1.32	1.25
Debt / equity	—	—	—	—	—	—	—	—	—	9.44
Equity / assets	−10.6%	−13.6%	−9.6%	−9.3%	−9.0%	−10.2%	−14.2%	−9.7%	−4.4%	7.4%

Community Health Systems, Inc. quarterly balance sheet
	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	$149.0M	$712.0M	$260.0M	$123.0M	$456.0M	$431.0M	$37.0M	$33.0M	$39.0M	$48.0M	$38.0M	$91.0M
Cash & equivalents	$149.0M	$712.0M	$260.0M	$123.0M	$456.0M	$431.0M	$37.0M	$33.0M	$39.0M	$48.0M	$38.0M	$91.0M
Receivables	$2.14B	$2.37B	$2.26B	$2.28B	$2.26B	$2.47B	$2.45B	$2.19B	$2.30B	$2.33B	$2.36B	$2.28B
Inventory	$271.0M	$275.0M	$322.0M	$325.0M	$326.0M	$328.0M	$331.0M	$311.0M	$337.0M	$329.0M	$328.0M	$325.0M
Other current assets	$518.0M	$421.0M	$394.0M	$473.0M	$616.0M	$175.0M	$486.0M	$575.0M	$519.0M	$473.0M	$481.0M	$551.0M
Total current assets	$3.08B	$3.77B	$3.23B	$3.20B	$3.66B	$3.41B	$3.30B	$3.11B	$3.20B	$3.17B	$3.21B	$3.25B
Property, plant & equipment (net)	$4.18B	$8.09B	$8.91B	$5.23B	$4.66B	$5.36B	$5.40B	$5.58B	$5.86B	$5.86B	$5.87B	$5.82B
Goodwill & intangible assets	$3.23B	$3.13B	$3.32B	$3.54B	$3.60B	$3.79B	$3.96B	$3.94B	$3.97B	$3.96B	$4.16B	$3.94B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$1.69B	$0	$0	$1.27B	$1.72B	$1.33B	$1.39B	$1.28B	$1.38B	$1.42B	$1.21B	$1.66B
Total assets	$12.18B	$13.18B	$13.20B	$13.24B	$13.64B	$13.89B	$14.05B	$13.90B	$14.41B	$14.42B	$14.46B	$14.67B
Liabilities
Accounts payable	$713.0M	$790.0M	$842.0M	$894.0M	$970.0M	$974.0M	$784.0M	$842.0M	$896.0M	$941.0M	$912.0M	$837.0M
Short-term debt	$126.0M	$126.0M	$126.0M	$126.0M	$135.0M	$141.0M	$135.0M	$133.0M	$141.0M	$149.0M	$145.0M	$143.0M
Deferred revenue	—	—	—	—	—	−$889.0M	—	$92.0M	$92.0M	—	$103.0M	$98.0M
Total current liabilities	$2.02B	$2.57B	$2.21B	$2.18B	$2.29B	$2.37B	$2.35B	$2.13B	$2.17B	$2.14B	$2.14B	$2.15B
Long-term debt	$9.55B	$10.13B	$10.38B	$10.59B	$10.84B	$11.30B	$11.43B	$11.47B	$11.50B	$11.53B	$11.47B	$11.82B
Lease obligations	$627.0M	$601.0M	$647.0M	$637.0M	$626.0M	$647.0M	$650.0M	$641.0M	$656.0M	$661.0M	$687.0M	$681.0M
Other long-term liabilities	$1.45B	$1.45B	$1.45B	$1.42B	$1.60B	$1.55B	$1.59B	$1.58B	$1.61B	$1.63B	$1.67B	$1.60B
Total liabilities	$13.34B	$14.14B	$14.04B	$14.19B	$14.74B	$15.22B	$15.37B	$15.18B	$15.29B	$15.29B	$15.28B	$15.57B
Shareholders' equity
Common stock & paid-in capital	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M	$1.0M
Retained earnings (deficit)	−$3.56B	−$3.63B	−$3.57B	−$3.68B	−$3.81B	−$4.09B	−$4.08B	−$4.01B	−$3.62B	−$3.60B	−$3.56B	−$3.61B
Accumulated other comprehensive income	−$11.0M	−$10.0M	−$9.0M	−$5.0M	−$5.0M	−$7.0M	−$10.0M	−$8.0M	−$13.0M	−$16.0M	−$14.0M	−$23.0M
Minority interest	$546.0M	$489.0M	$557.0M	$551.0M	$533.0M	—	—	—	—	—	—	—
Total shareholders' equity	−$1.39B	−$1.45B	−$1.39B	−$1.50B	−$1.10B	−$1.92B	−$1.91B	−$1.82B	−$1.44B	−$1.43B	−$1.39B	−$1.46B
Key figures
Total debt	$10.21B	$10.76B	$11.58B	$11.24B	$10.97B	$11.98B	$12.10B	$12.13B	$12.19B	$12.23B	$12.17B	$12.52B
Net cash (debt)	−$10.06B	−$10.04B	−$11.32B	−$11.12B	−$10.52B	−$11.55B	−$12.06B	−$12.10B	−$12.15B	−$12.18B	−$12.14B	−$12.43B
Working capital	$1.06B	$1.21B	$1.03B	$1.02B	$1.36B	$1.04B	$956.0M	$982.0M	$1.03B	$1.04B	$1.07B	$1.10B
Tangible book value	−$4.62B	−$4.58B	−$4.71B	−$5.04B	−$4.70B	−$5.71B	−$5.88B	−$5.76B	−$5.41B	−$5.38B	−$5.55B	−$5.41B
Book value per share	−$10.22	−$10.77	−$10.33	−$11.13	−$8.13	−$14.47	−$14.50	−$13.77	−$10.89	−$10.88	−$10.55	−$11.19
Shares outstanding	136.0M	135.0M	135.0M	135.0M	135.0M	132.9M	132.0M	132.4M	132.3M	131.3M	132.0M	130.7M
Current ratio	1.53	1.47	1.46	1.47	1.59	1.44	1.41	1.46	1.47	1.49	1.50	1.51
Quick ratio	1.14	1.20	1.14	1.10	1.18	1.23	1.06	1.05	1.08	1.11	1.12	1.10
Equity / assets	−11.4%	−11.0%	−10.6%	−11.3%	−8.0%	−13.8%	−13.6%	−13.1%	−10.0%	−9.9%	−9.6%	−10.0%

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.

CYH financial position

At the end of fiscal 2025 (December 31, 2025), Community Health Systems had total assets of $13.2 billion (down 6.0% from a year earlier), total liabilities of $14.0 billion and shareholders' equity of -$1.4 billion. It held $260.0 million in cash and short-term investments against $11.6 billion of debt, net debt of $11.3 billion. Its current ratio was 1.46. In the latest quarter (ended June 30, 2026) total assets were $12.2 billion and equity -$1.4 billion.

Related: CYH income statement, CYH cash flow statement, CYH key metrics. See the CYH stock overview for the latest quote and news.

CYH balance sheet FAQ

What are Community Health Systems's total assets?

Community Health Systems reported total assets of $13.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $14.1 billion a year earlier.

How much debt does Community Health Systems have?

Community Health Systems had $11.6 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 Community Health Systems have?

Community Health Systems held $260.0 million in cash and short-term investments at the end of fiscal 2025; with $11.6 billion of debt that is net debt of $11.3 billion.

What is Community Health Systems's book value?

Community Health Systems's shareholders' equity (book value) was -$1.4 billion at the end of fiscal 2025, or −$10.33 per share.

What is Community Health Systems's current ratio?

Community Health Systems had current assets of $3.2 billion and current liabilities of $2.2 billion, a current ratio of 1.46 (it can cover its short-term obligations).

How much goodwill does Community Health Systems have?

Community Health Systems carried $3.5 billion of goodwill and intangible assets, 26.2% of total assets, at the end of fiscal 2025.