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Stock impact report

AdaptHealth Resets Earnings As Capitated Contract And Debt Raise Execution Risk [Yahoo! Finance]

AdaptHealth Corp. - Class A (AHCO) 
Company Research Source: Yahoo! Finance
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. AdaptHealth (NasdaqCM:AHCO) has recorded a large goodwill impairment tied to past deals, contributing to a sizeable recent quarterly loss. The company is taking on one of the industry's largest capitated contracts while also accelerating acquisitions. To fund this expansion, AdaptHealth has drawn $100 million from its credit facilities, signaling a major shift in how it is structuring future revenue. At a share price of $9.15, AdaptHealth sits well below where it traded several years ago, with a 1 year return of a 19.6% decline and a 3 year return of a 42.8% decline. The 5 year return of a 70.6% decline underlines how much value long term shareholders have seen erased as the business model and balance sheet have evolved. For you as an investor, this mix of impairment charges, new capitated revenue, acquis Show less Read more
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