Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report - S&P Global Ratings’ Credit Research

Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report

Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report - S&P Global Ratings’ Credit Research
Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report
Published Feb 16, 2016
Published Feb 16, 2016
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Abstract:

NEW YORK (Standard&Poor's) Feb. 16, 2016--Standard&Poor's Ratings Services said today that its ratings on Community Health Systems Inc., including the 'B+' corporate credit rating, are unaffected by the company's relatively weak earnings report for the fourth quarter of 2015. The company's reported results, including a $169 million increase in its allowance for doubtful accounts, are below our expectations but we think some of it is one time in nature and have adjusted its results. Using the adjusted EBITDA, results are just slightly below our projections. Moreover, cash flow is also weaker than we expected, partly as a result of the timing of some working capital; which we expect to reverse in 2016. At this time, we

  
Report Type:

Bulletin

Ticker
Issuer
GICS
Health Care Facilities (35102020)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report" Feb 16, 2016. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Community-Health-Systems-Inc-Unaffected-By-Weaker-Than-Expected-Fourth-Quarter-Earnings-Report-1578789>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Community Health Systems Inc. Unaffected By Weaker-Than-Expected Fourth-Quarter Earnings Report Feb 16, 2016. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Community-Health-Systems-Inc-Unaffected-By-Weaker-Than-Expected-Fourth-Quarter-Earnings-Report-1578789>
  
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