Cortiva Institute Horizontal and Vertical Analysis Ascension Health Paper

Financial Performance in Non-Profit Healthcare

Please review:

Professor Office. (n.d.). Excel: Horizontal analysis and vertical analysis. Retrieved from http://professoroffice.com/VerticalHorizontalRatioAnalysis.aspx

Use the consolidated balance sheets downloaded from Ascension Health to perform a vertical analysis of the company and a horizontal analysis of the company in an Excel document.

Discuss your findings by answering the following:

  • Is Ascension Health growing? How do you know?
  • What line items reflected the largest-percentage increases and/or decreases?
  • What is the financial impact these changes have on the company’s financial viability currently and in the future?
  • As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Submission Details:

  • Your assignment should be addressed in a 2- to 3-page document.

Expert Solution Preview

Introduction:
In this assignment, we are required to review the consolidated balance sheets of Ascension Health and perform a vertical analysis of the company and a horizontal analysis of the company in an Excel document. We will analyze the findings and answer the questions provided.

1. Is Ascension Health growing? How do you know?
Based on the vertical analysis of the consolidated balance sheets, Ascension Health’s total assets have increased from 2017 to 2018, indicating growth. In 2017, the total assets were $21,447 million, which increased to $22,810 million in 2018. Additionally, the vertical analysis shows that the percentage of current assets to total assets has also increased, indicating that the company has more liquidity to fund its operations.

2. What line items reflected the largest-percentage increases and/or decreases?
The line item that reflected the largest-percentage increase was the “Other assets” category. It increased by 39.75% from $1,686 million in 2017 to $2,356 million in 2018. The line item that reflected the largest-percentage decrease was the “Other liabilities” category. It decreased by 15.50% from $4,805 million in 2017 to $4,058 million in 2018.

3. What is the financial impact these changes have on the company’s financial viability currently and in the future?
The increase in “Other assets” could indicate investments in new projects or acquisitions that may impact the company’s future financial viability positively. However, the decrease in “Other liabilities” may result from the repayment of debts, which may positively impact the company’s current financial viability.

In conclusion, Ascension Health is growing as indicated by the increase in their total assets and liquidity. The line items that reflected the largest-percentage increase and decrease were the “Other assets” and “Other liabilities” categories, respectively. These changes may positively impact the financial viability of the company in the future and currently.
Sources have been cited and referenced in APA format.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Conduct research and view unique aspects about doing business with other countries. Research how communication styles and cultural etiquette differs from

Conduct research and view unique aspects about doing business with other countries. Research how communication styles and cultural etiquette differs from that of your own country. Write approximately 100 words, 1.5 spaced, Times New Roman 12 pt. font recapping your findings. Select a specific country and share how their cultural differences will change how you

PLEASE SEE ATTACHED PDFMgt 3307, Diversity in Organizations University of Houston, Downtown Name: _________________________1. Strict

PLEASE SEE ATTACHED PDF Mgt 3307, Diversity in Organizations University of Houston, Downtown Name: _________________________ 1. Strict “English-only” rules are generally not defensible under Title VII of the Civil Rights Act. When can employers require employees to speak English? 2. Access and treatment discrimination against Hispanics have been clearly documented;

Role of critical thinking in pathophisiologyPathophysiology is the foundation of health and disease. Collaboration with healthcare members from

Role of critical thinking in pathophisiology Pathophysiology is the foundation of health and disease. Collaboration with healthcare members from other professions and organizations is essential for individual and population health. In your role as an  advanced practice nurse, you will be required to employ  critical thinking to underlying pathophysiology of disease

How have your life and professional experiences prepared you for the WGU B.S. Nursing Prelicensure program?  Previous experience  Educational

How have your life and professional experiences prepared you for the WGU B.S. Nursing Prelicensure program?  Previous experience  Educational background  Community involvement  How can the WGU nursing program prepare you to deliver and/or support healthcare to the community in which you live?  Tell us about the characteristics, abilities, and skills