What does the company do?
Health Management Associates, Inc. operates general acute-care hospitals in non-urban communities. Services provided by its hospitals include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care and pediatric services. As of December 31, 2008, Health Management Associates, Inc. operated 56 hospitals with a total of 8,019 licensed beds in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Missouri, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Washington and West Virginia. On August 28, 2008, the Company completed the sale of Southwest Regional Medical Center, On June 1, 2008, Health Management Associates, Inc. closed its Woman’s Center at Dallas Regional Medical Center (Center).On January 1, 2008. it closed its Gulf Coast Medical Center.
How much does the company sell and earn?
Investors need to know how much stuff or services a company sells, and how much of that total it keeps as income (or profit) to grow its business or return to shareholders. The more of each, the better. In general, look for companies that sell and earn more than peers.
- Health Mgmt one-year sales: 4.53 Bil.
Difference from the average for the Hospitals group: -21.46% - Health Mgmt one-year income: 132.06 Mil.
Difference from the average for the Hospitals group: -14.82%| Sales & Income (past 12 months) | Company | Industry |
|---|
| Sales | 4.53 Bil | 5.77 Bil | | Income | 132.06 Mil | 155.03 Mil |
How fast is the company growing?
- Health Mgmt one-year sales growth: 4.10%.
Difference from the average for the Hospitals group: -5.80 pct. pts. - Health Mgmt one-year income growth: -55.20%.
| Sales & Income Growth (past 12 months) | Company | Industry |
|---|
| Sales Growth | 4.10% | 9.90% | | Income Growth | -55.20% | 31.40% |
How profitable is the company?
Investors prefer companies that increase profit margins -- the percentage of sales that they keep -- every year. This is accomplished either by lowering expenses or raising prices. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.
- Health Mgmt one-year net profit margin: 3.4%
Difference from the company's 5-year average net profit margin: 3.4 pct. pts.
Difference from the average for the Hospitals group: 0.1 pct. pts.
| Net profit margins (%) |
|---|
| Company | 3.4% | | Company 5-Yr Avg. | NA | | Industry | 3.3% |
How is the company's financial health?
The debt/equity ratio shows how much a firm has borrowed as a percentage of its stock equity. The lower, the better.
- Health Mgmt debt/equity ratio: 9.03.
Difference from the average for the Hospitals group: 159.48%.
| | Company | Industry |
|---|
| Debt/equity ratio | 9.03 | 3.48 |
|
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