Using Table 14.1 and 14.2 in chapter 14 of the textbook, how will you rate the hospital overall financial health? Pay attention mostly to liquidity, efficiency and solvency ratio.

TABLE 14-1 Assets Current Assets Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses Total current assets Long-Term Assets Buildings and equipment Less accumulated depreciation Net buildings and equipment Land Goodwill Total long-term assets Total assets 2019 Local Community Hospital Statement of Financial Position As of December 31, 2019 and 2018 (in 000s) 2018 Liabilities and Net Assets Liabilities 4.5% $ 30,000 4.8% 7.9% 16.1% 2.1% 35.5% $ 234,000 Current Liabilities Wages payable Accounts payable 3.7% $ 23,000 Unearned revenue 52,000 11.0% 106,000 14.2% 32,000 4.2% 26,000 68,000 88,000 Total current liabilities 12,000 14,000 1.9% 34.9% $ 217,000 Long-Term Liabilities Mortgage payable Bond payable Other 41.2% $ 256,000 46.7% $ 308,000 13.3% 88,000 33.3% $ 220,000 11.0% 68,000 30.3% $ 188,000 17.4% 16,4% 108,000 108,000 Total long-term liabilities 14.8% 98,000 108,000 17,4% 64.5% $426,000 65.1% $ 404,000 Total liabilities 2019 2.1% $ 14,000 1.9% $ 12,000 10.0% 66,000 9.3% 58,000 38,000 5,2% 32,000 5.8% 17.9% $ 118,000 16.4% $102,000 14.8% $ 98,000 31.5% 208,000 13.0% 86,000 59.4% $ 392,000 77.3% $ 510,000 2018 Net Assets Without donor restrictions With donor restrictions Total net assets 10.9% $ 72,000 11.8% 78,000 22.7% $ 150,000 100.0% $ 660,000 100.0% $621,000 Total liabilities and net assets 100.0% $660,000 17.4% $ 108,000 208,000 33.5% 12.6% 78,000 63.4% $ 394,000 79.9% $496,000 7.6% $ 47,000 12.6% 78,000 20.1% $ 125,000 100.0% $ 621,000