Summary - Funding Rounds

Founding Date

1982

Total Funding

$25.7 m

Investors

In total, Surgical Care Affiliates had raised $25.7 m. Surgical Care Affiliates is a subsidiary of UnitedHealth

Surgical Care Affiliates Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

802.0m864.7m1.1b1.3b

Revenue growth, %

8%22%22%

Sales and marketing expense

277.7m351.0m426.5m

Operating expense total

669.8m856.7m1.1b

Depreciation and amortization

42.9m66.2m88.6m

EBIT

155.6m200.9m244.7m247.4m

EBIT margin, %

19%23%23%19%

Interest expense

60.4m32.8m42.1m43.2m

Interest income

215.0k174.0k367.0k20.5m

Income tax expense

12.6m(84.8m)28.8m

Net Income

52.7m157.1m273.6m226.3m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Sales and marketing expense

74.8m70.8m74.7m76.0m83.4m84.9m86.3m99.0m100.9m108.8m

Operating expense total

170.0m165.1m174.7m179.6m197.4m204.4m211.3m247.8m255.9m279.7m

Depreciation and amortization

11.0m12.0m13.1m13.9m15.9m16.6m22.3m20.4m22.8m

EBIT

29.2m36.6m45.6m47.7m48.8m60.9m58.7m43.7m55.1m55.7m

Interest expense

14.5m7.9m8.5m8.2m8.8m10.7m10.8m12.8m12.8m14.8m

Interest income

50.0k48.0k49.0k40.0k30.0k42.0k181.0k4.4m4.3m5.2m

Income tax expense

5.7m1.8m1.4m2.8m4.3m(104.6m)1.9m4.3m7.2m

Net Income

8.7m22.7m34.5m38.5m21.3m43.5m157.1m37.6m48.1m59.1m

Surgical Care Affiliates Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

85.8m8.7m79.3m131.8m

Accounts Receivable

91.8m100.5m129.7m167.7m

Current Assets

234.9m237.5m314.9m430.9m

PP&E

199.9m209.6m296.8m353.1m

Goodwill

744.1m902.4m1.1b1.5b

Total Assets

1.4b1.6b2.0b2.7b

Accounts Payable

27.9m31.7m37.4m52.6m

Short-term debt

23.2m24.7m32.5m64.1m

Current Liabilities

197.6m249.4m258.1m341.9m

Long-term debt

649.7m665.1m858.0m1.1b

Total Debt

672.9m689.8m890.5m1.1b

Total Liabilities

984.5m1.2b1.5b

Additional Paid-in Capital

413.4m419.1m442.7m463.7m

Retained Earnings

(208.1m)(176.1m)(60.8m)(24.0m)

Total Equity

416.0m567.0m793.7m1.2b

Debt to Equity Ratio

1.6 x1.2 x1.1 x1 x

Debt to Assets Ratio

0.5 x0.4 x0.4 x0.4 x

Financial Leverage

3.4 x2.9 x2.5 x2.3 x

Surgical Care Affiliates Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

52.7m157.1m273.6m226.3m

Depreciation and Amortization

42.9m52.7m66.2m88.6m

Accounts Receivable

(23.4m)(19.0m)(31.1m)(39.6m)

Accounts Payable

3.0m4.7m(10.7m)8.3m

Cash From Operating Activities

165.6m210.6m263.2m305.7m

Cash From Investing Activities

(76.8m)(188.5m)(156.5m)(274.6m)

Cash From Financing Activities

(121.7m)(99.1m)(36.2m)21.5m

Interest Paid

62.2m31.2m37.6m53.8m

Income Taxes Paid

493.0k753.0k1.0m875.0k

Free Cash Flow

128.7m173.3m218.4m234.5m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

51.0m22.7m57.2m95.7m21.3m64.8m157.0b37.6m85.7m144.8m

Depreciation and Amortization

31.9m12.0m25.1m39.0m15.2m31.1m16.6b22.3m42.6m65.5m

Accounts Receivable

(11.3m)4.5m264.0k(1.4m)(5.7m)4.0m(594.0k)(9.6m)

Accounts Payable

(615.0k)(1.3m)(1.9m)132.0k30.2m(3.6m)30.5m(240.0k)(2.4m)2.1m

Cash From Operating Activities

130.8m44.4m86.7m156.1m116.7m61.5m138.9m217.1m

Cash From Investing Activities

(36.7m)(17.5m)(49.7m)(122.5m)(76.7m)(64.6m)(97.8m)(178.3m)

Cash From Financing Activities

(124.2m)(22.5m)(33.7m)(66.1m)29.1m(30.1m)(82.5m)(77.0m)

Free Cash Flow

104.5m35.9m68.5m130.7m97.7m34.0m97.6m158.2m

Surgical Care Affiliates Employee Rating

2.9203 votes
Culture & Values
2.9
Work/Life Balance
2.7
Senior Management
2.6
Salary & Benefits
3.0
Career Opportunities
2.6
Source