Universal Health Realty Income Trust (UHT) Balance Sheet
UHT balance sheet, 2025
December 31, 2025 · U.S. dollars$564.9M assets = $412.5M liabilities + $152.4M equity
Both columns are drawn to the same scale: what UHT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
UHT financial health
Descriptive bands, not a rating. Fiscal 2025.
UHT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $524.8M2016 | $564.9M2025 | +0.8%/yr | |
| Total liabilities | $333.5M2016 | $412.5M2025 | +2.4%/yr | |
| Shareholders’ equity | $191.3M2016 | $152.4M2025 | −2.5%/yr | |
| Cash & short-term investments | $3.9M2016 | $6.7M2025 | +6.1%/yr | |
| Total debt | $315.7M2016 | $386.0M2025 | +2.3%/yr | |
| Net cash (debt) | −$311.8M2016 | −$379.3M2025 | −$67.6M | |
| Working capital | −$202.4M2016 | $18.7M2025 | +$221.1M | |
| Book value per share | $14.202016 | $10.992025 | −2.8%/yr | |
| Debt / equity | 1.652016 | 2.532025 | +0.88 | |
| Shares outstanding | 13.5M2016 | 13.9M2025 | +0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
UHT assets
UHT liabilities and equity
UHT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
UHT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $6.7M | $7.1M | $8.2M | $7.6M | $22.5M | $5.7M | $6.1M | $5.0M | $3.4M | $3.9M |
| Cash & equivalents | $6.7M | $7.1M | $8.2M | $7.6M | $22.5M | $5.7M | $6.1M | $5.0M | $3.4M | $3.9M |
| Short-term investments | — | — | $7.3M | $12.0M | $438.1M | — | — | — | $0 | $0 |
| Receivables | $13.3M | $97.9M | $97.6M | $97.4M | $94.2M | $10.7M | $10.6M | $10.2M | $9.1M | $7.6M |
| Inventory | $0 | $0 | −$7.3M | −$12.0M | $0 | $0 | $0 | −$483.8M | −$490.0M | −$524.8M |
| Other current assets | $0 | $0 | $7.3M | $12.0M | $0 | $0 | $0 | $483.8M | $490.0M | $524.8M |
| Total current assets | $20.0M | $105.0M | $105.8M | $105.0M | $116.7M | $16.4M | $16.7M | $15.2M | $12.5M | $11.5M |
| Property, plant & equipment (net) | $11.4M | $10.9M | $10.9M | $11.5M | $11.5M | $8.9M | $8.9M | $437.7M | $446.4M | $447.2M |
| Goodwill & intangible assets | $5.6M | $7.3M | $9.1M | $9.4M | $10.0M | $11.7M | $14.6M | $17.4M | $20.6M | $23.8M |
| Long-term investments | $20.1M | $13.9M | $9.1M | $9.3M | $530.7M | $448.1M | $439.4M | $5.0M | $4.7M | $35.6M |
| Other non-current assets | $507.7M | $443.7M | $461.4M | $472.3M | $0 | $8.8M | $9.2M | $8.4M | $5.9M | $6.6M |
| Total assets | $564.9M | $580.9M | $596.4M | $607.5M | $598.4M | $494.0M | $488.8M | $483.8M | $490.0M | $524.8M |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | — | $12.5M | $20.2M | $13.3M | $12.2M | $12.7M | $12.4M |
| Short-term debt | $1.3M | $348.9M | $326.6M | $298.1M | $271.9M | $236.2M | $212.9M | $196.4M | $181.1M | $201.5M |
| Deferred revenue | — | — | — | $10.9M | — | — | — | — | — | — |
| Total current liabilities | $1.3M | $360.0M | $340.6M | $311.3M | $284.4M | $256.4M | $226.2M | $208.6M | $193.8M | $213.9M |
| Long-term debt | $374.6M | $368.2M | $359.5M | $342.8M | $56.9M | $58.9M | $60.7M | $64.9M | $75.4M | $114.2M |
| Lease obligations | $11.4M | $10.9M | $10.9M | $11.5M | $11.5M | $8.9M | $8.9M | — | — | — |
| Other long-term liabilities | $37.9M | $0 | $0 | $0 | $21.8M | $19.8M | $20.1M | $11.7M | $10.3M | $5.3M |
| Total liabilities | $412.5M | $401.3M | $395.4M | $378.4M | $363.1M | $335.0M | $307.1M | $285.1M | $279.4M | $333.5M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $139,000 | $138,000 | $138,000 | $138,000 | $138,000 | $138,000 | $138,000 | $137,000 | $265.5M | $255.8M |
| Retained earnings (deficit) | −$121.5M | −$98.1M | $826.1M | −$52.5M | $789.6M | −$104.7M | $661.3M | −$67.7M | −$55.1M | −$64.6M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $1.6M | $6.4M | $7.3M | $12.0M | $1.1M | −$3.8M | $1.0M | $132,000 | $144,000 | $105,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $152.4M | $179.5M | $200.9M | $229.1M | $235.3M | $159.0M | $181.7M | $198.6M | $210.6M | $191.3M |
| Key figures | ||||||||||
| Total debt | $386.0M | $379.2M | $370.4M | $640.9M | $340.3M | $304.0M | $282.6M | $261.3M | $256.4M | $315.7M |
| Net cash (debt) | −$379.3M | −$372.1M | −$362.2M | −$633.3M | −$317.8M | −$298.3M | −$276.5M | −$256.2M | −$253.0M | −$311.8M |
| Working capital | $18.7M | −$255.0M | −$234.8M | −$206.3M | −$167.7M | −$239.9M | −$209.5M | −$193.4M | −$181.3M | −$202.4M |
| Tangible book value | $146.7M | $172.2M | $191.8M | $219.7M | $225.4M | $147.3M | $167.2M | $181.2M | $190.0M | $167.5M |
| Book value per share | $10.99 | $12.97 | $14.55 | $16.61 | $17.08 | $11.55 | $13.22 | $14.47 | $15.45 | $14.20 |
| Shares outstanding | 13.9M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.7M | 13.6M | 13.5M |
| Current ratio | 15.19 | 0.29 | 0.31 | 0.34 | 0.41 | 0.06 | 0.07 | 0.07 | 0.06 | 0.05 |
| Quick ratio | 15.19 | 0.29 | 0.31 | 0.34 | 0.41 | 0.06 | 0.07 | 0.07 | 0.06 | 0.05 |
| Debt / equity | 2.53 | 2.11 | 1.84 | 2.80 | 1.45 | 1.91 | 1.56 | 1.32 | 1.22 | 1.65 |
| Equity / assets | 27.0% | 30.9% | 33.7% | 37.7% | 39.3% | 32.2% | 37.2% | 41.1% | 43.0% | 36.5% |
| 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 | $6.8M | $7.1M | $6.7M | $6.9M | $6.6M | $7.0M | $7.1M | $6.4M | $5.6M | $7.7M | $8.2M | $8.4M |
| Cash & equivalents | $6.8M | $7.1M | $6.7M | $6.9M | $6.6M | $7.0M | $7.1M | $6.4M | $5.6M | $7.7M | $8.2M | $8.4M |
| Short-term investments | — | — | — | — | — | — | — | — | $6.4M | $7.5M | $7.3M | $10.5M |
| Receivables | $97.2M | $13.2M | $13.3M | $111.8M | $97.8M | $113.3M | $97.9M | $114.8M | $97.8M | $115.3M | $97.6M | $97.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $104.9M | $0 | −$7.5M | −$7.3M | −$10.5M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.4M | $7.5M | $7.3M | $10.5M |
| Total current assets | $19.5M | $20.2M | $20.0M | $118.7M | $19.5M | $120.3M | $105.0M | $121.2M | $109.7M | $123.0M | $105.8M | $106.3M |
| Property, plant & equipment (net) | $11.4M | $11.4M | $11.4M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $11.0M |
| Goodwill & intangible assets | $4.9M | $5.3M | $5.6M | $6.0M | $6.5M | $13.8M | $7.3M | $7.8M | $8.2M | $8.7M | $9.1M | $9.7M |
| Long-term investments | $20.0M | $20.4M | $20.1M | $20.8M | $20.9M | $14.4M | $13.9M | $14.3M | $14.3M | $14.6M | $9.1M | $9.3M |
| Other non-current assets | $511.4M | $506.5M | $507.7M | $411.6M | $515.2M | $414.1M | $443.7M | $430.2M | $443.4M | $438.9M | $461.4M | $471.7M |
| Total assets | $567.1M | $563.8M | $564.9M | $568.0M | $573.0M | $573.5M | $580.9M | $584.3M | $586.6M | $596.2M | $596.4M | $607.9M |
| Liabilities | ||||||||||||
| Short-term debt | — | — | $1.3M | $357.1M | $122,000 | $349.5M | $348.9M | $347.8M | $717,000 | $333.6M | $326.6M | $321.5M |
| Total current liabilities | $381.5M | $374.0M | $1.3M | $369.2M | $12.0M | $360.1M | $360.0M | $361.2M | $10.1M | $344.9M | $340.6M | $335.6M |
| Long-term debt | $18.1M | $18.3M | $374.6M | $375.6M | $373.5M | $368.5M | $368.2M | $367.4M | $20.0M | $32.5M | $32.9M | $360.8M |
| Lease obligations | $11.4M | $11.4M | $11.4M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $10.9M | $11.0M |
| Other long-term liabilities | $405.1M | $397.7M | $37.9M | $0 | $23.7M | $0 | $0 | $0 | $365.7M | $22.3M | $22.0M | $0 |
| Total liabilities | $423.2M | $416.0M | $412.5M | $409.5M | $407.9M | $401.3M | $401.3M | $402.7M | $395.9M | $399.7M | $395.4M | $397.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $139,000 | $139,000 | $139,000 | $139,000 | $139,000 | $138,000 | $138,000 | $138,000 | $138,000 | $138,000 | $138,000 | $138,000 |
| Retained earnings (deficit) | −$131.4M | −$126.9M | −$121.5M | $858.6M | −$109.3M | $850.1M | −$98.1M | $840.6M | −$86.5M | $831.4M | $826.1M | −$70.5M |
| Accumulated other comprehensive income | $2.6M | $2.1M | $1.6M | $2.1M | $2.7M | $4.2M | $6.4M | $3.3M | $6.4M | $7.5M | $7.3M | $10.5M |
| Total shareholders' equity | $143.9M | $147.8M | $152.4M | $158.6M | $165.2M | $172.2M | $179.5M | $181.6M | $190.7M | $196.5M | $200.9M | $210.3M |
| Key figures | ||||||||||||
| Total debt | $395.1M | $389.2M | $386.0M | $386.5M | $384.4M | $379.4M | $379.2M | $378.3M | $373.8M | $377.1M | $370.4M | $682.3M |
| Net cash (debt) | −$388.3M | −$382.1M | −$379.3M | −$379.6M | −$377.9M | −$372.5M | −$372.1M | −$372.0M | −$368.2M | −$369.4M | −$362.2M | −$674.0M |
| Working capital | −$362.0M | −$353.8M | $18.7M | −$250.5M | $7.5M | −$239.8M | −$255.0M | −$240.0M | $99.6M | −$221.9M | −$234.8M | −$229.3M |
| Tangible book value | $139.0M | $142.5M | $146.7M | $152.5M | $158.7M | $158.4M | $172.2M | $173.9M | $182.5M | $187.8M | $191.8M | $200.7M |
| Book value per share | $10.37 | $10.65 | $10.99 | $11.44 | $11.92 | $12.43 | $12.96 | $13.12 | $13.79 | $14.21 | $14.54 | $15.22 |
| Shares outstanding | 13.9M | 13.9M | 13.9M | 13.9M | 13.9M | 13.9M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M |
| Current ratio | 0.05 | 0.05 | 15.19 | 0.32 | 1.62 | 0.33 | 0.29 | 0.34 | 10.83 | 0.36 | 0.31 | 0.32 |
| Quick ratio | 0.27 | 0.05 | 15.19 | 0.32 | 8.66 | 0.33 | 0.29 | 0.34 | 10.20 | 0.36 | 0.31 | 0.32 |
| Debt / equity | 2.75 | 2.63 | 2.53 | 2.44 | 2.33 | 2.20 | 2.11 | 2.08 | 1.96 | 1.92 | 1.84 | 3.24 |
| Equity / assets | 25.4% | 26.2% | 27.0% | 27.9% | 28.8% | 30.0% | 30.9% | 31.1% | 32.5% | 33.0% | 33.7% | 34.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
UHT financial position
At the end of fiscal 2025 (December 31, 2025), Universal Health Realty Income had total assets of $564.9 million (down 2.7% from a year earlier), total liabilities of $412.5 million and shareholders' equity of $152.4 million. It held $6.7 million in cash and short-term investments against $386.0 million of debt, net debt of $379.3 million. Its current ratio was 15.19. In the latest quarter (ended June 30, 2026) total assets were $567.1 million and equity $143.9 million.
Related: UHT income statement, UHT cash flow statement, UHT key metrics. See the UHT stock overview for the latest quote and news.
UHT balance sheet FAQ
What are Universal Health Realty Income's total assets?
Universal Health Realty Income reported total assets of $564.9 million at the end of fiscal 2025 (December 31, 2025), compared with $580.9 million a year earlier.
How much debt does Universal Health Realty Income have?
Universal Health Realty Income had $386.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.53.
How much cash does Universal Health Realty Income have?
Universal Health Realty Income held $6.7 million in cash and short-term investments at the end of fiscal 2025; with $386.0 million of debt that is net debt of $379.3 million.
What is Universal Health Realty Income's book value?
Universal Health Realty Income's shareholders' equity (book value) was $152.4 million at the end of fiscal 2025, or $10.99 per share.
What is Universal Health Realty Income's current ratio?
Universal Health Realty Income had current assets of $20.0 million and current liabilities of $1.3 million, a current ratio of 15.19 (it can cover its short-term obligations).
How much goodwill does Universal Health Realty Income have?
Universal Health Realty Income carried $5.6 million of goodwill and intangible assets, 1.0% of total assets, at the end of fiscal 2025.