Can PACS Group cover its short-term obligations?

Its current ratio is 0.99 — current liabilities exceed current assets.

Where does PACS Group's balance sheet data come from?

Every line is extracted from PACS Group's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

PACS Group PACS Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$273.71M-5.8%	$232.05M+44.3%	$359.06M+479%	$297.64M+282%	$290.61M+212%
Restricted cash	——	——	$3.38M—	——	——
Accounts receivable, net	$2.54B+2.6%	$2.58B+6.9%	$2.59B+11.9%	$2.54B+42.4%	$2.48B+99.5%
Prepaid expenses and other current assets	$427.18M+80.0%	$392.47M+59.0%	$285.9M+23.5%	$270.83M+48.1%	$237.31M+91.1%
Total current assets	$1.07B-1.2%	$1.07B+14.0%	$1.13B+53.3%	$1.08B—	$1.08B—
Property and equipment, net	$1.31B+31.0%	$1.2B+2,162%	$1.13B+22.6%	$1.03B—	$998.54M—
Accumulated depreciation	$170.69M+44.5%	$154.17M+45.8%	$145.11M+55.9%	$131.01M—	$118.14M—
Total property and equipment, gross	$1.48B+32.4%	$1.36B+23.6%	$1.28B+25.6%	$1.16B—	$1.12B—
Operating lease right-of-use assets	6.5%+0.1%	6.5%+0.1%	6.4%+0.4%	6.4%—	6.4%—
Goodwill	$61.79M-7.9%	$61.79M+1.6%	$68.06M+4.2%	$67.06M—	$67.06M—
Intangible assets, net	——	——	——	——	——
Deferred tax assets	——	——	——	——	-$63.61M-205,306%
Other non-current assets	$185.7M+1.9%	$171.37M+6.4%	$193.09M+17.7%	$188.02M—	$182.17M—
Equity method investments	$29.82M—	$30.8M—	$32.19M—	$34.03M—	——
Total assets	$5.66B+3.1%	$5.58B+6.5%	$5.63B+24.6%	$5.5B—	$5.49B—
Accounts payable	$750.4M+14.7%	$768.35M+25.4%	$751.18M+29.9%	$700.45M—	$654.17M—
Accrued expenses	$242.7M+15.5%	$187.52M+28.3%	$252.54M+62.5%	$193.03M—	$210.22M—
Accrued compensation	——	——	——	——	——
Current portion of long-term debt	$8.39M-35.3%	$4.46M-70.0%	$7.47M-52.7%	$10.15M—	$12.96M—
Operating lease liabilities, current	$154.3M+9.0%	$153.07M+12.4%	$150.65M+15.0%	$145.04M—	$141.62M—
Total current liabilities	$1.07B-3.1%	$1B+2.4%	$1.2B+75.7%	$1.17B—	$1.11B—
Deferred tax liabilities	——	——	——	——	——
Long-term debt	$239.81M-3.7%	$244.8M-2.5%	$245.9M-3.1%	$246.99M—	$249.09M—
Operating lease liabilities, non-current	$2.89B-4.5%	$2.94B+0.1%	$2.96B+18.9%	$2.99B—	$3.02B—
Finance Lease Liabilities (Total)	$170.73M+16.6%	$155.9M+6.3%	$186.98M—	$172.96M—	$146.4M—
Operating Lease Liabilities (Total)	$3.04B-3.9%	$3.09B+0.7%	$3.11B—	$3.14B—	$3.17B—
Finance lease liabilities	$141.14M+12.8%	$126.96M+1.2%	$127.09M-12.8%	$37.9M—	$125.16M—
Other non-current liabilities	$165.76M-2.9%	$152.94M-22.4%	$165.97M-29.3%	$76.24M—	$170.78M—
Total liabilities	$4.62B-2.5%	$4.63B+2.3%	$4.75B+23.4%	$4.69B—	$4.74B—
Common stock	1.3B0.0%	1.3B0.0%	1.3B0.0%	1.3B—	1.3B—
Additional paid-in capital	$646.74M+7.2%	$637.04M—	$621.29M—	$609.21M—	$603.57M—
Retained earnings	$390.27M+166%	$309.58M+162%	$249.88M+209%	$197.47M—	$146.51M—
Noncontrolling interests	$5.02M-16.9%	$5.68M-7.5%	$5.59M-16.5%	$5.83M—	$6.05M—
Total stockholders' equity	$1.04B+38.2%	$946.77M+33.4%	$871.32M+32.0%	$806.84M+50.3%	$750.23M+560%
Total liabilities and stockholders' equity	$5.66B+3.1%	$5.58B+6.5%	$5.63B+24.6%	$5.5B—	$5.49B—
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$85.18M+39.6%	$73.97M-1.0%	$66.43M+34.7%	$51.65M—	$61.03M—
Other Receivables	$85.18M+39.6%	$73.97M-1.0%	$66.43M+34.7%	$51.65M—	$61.03M—
Accumulated Goodwill Impairment Losses	——	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$185.7M+1.9%	$171.37M+6.4%	$193.09M+17.7%	$188.02M—	$182.17M—
Goodwill and Intangible Assets, Net	$68.06M+1.5%	$68.06M+1.5%	$68.06M+4.2%	$67.06M—	$67.06M—
Indefinite-Lived Intangible Assets	——	——	——	——	——
Indefinite-Lived Intangible Assets, Gross	——	——	——	——	——
Indefinite-Lived Research and Development Assets	——	——	——	——	——
Indefinite-Lived Trademarks	——	——	——	——	——
Net Investment in Lease	$2.91B-5.4%	$2.97B-0.9%	$3B+17.3%	$3.03B—	$3.08B—
Deposit accounting assets, net of allowance for credit losses of $49 in 2026 and $49 in 2025	$107.32M+58.0%	$87.19M+31.6%	$80.3M+70.1%	$79.16M—	$67.91M—
Goodwill and intangible assets, net	$68.06M+1.5%	$68.06M+1.5%	$68.06M+4.2%	$67.06M—	$67.06M—
Operating lease right-of-use assets	$2.91B-5.4%	$2.97B-0.9%	$3B+17.3%	$3.03B—	$3.08B—
Other non-current assets	$185.7M+1.9%	$171.37M+6.4%	$193.09M+17.7%	$188.02M—	$182.17M—
Property, plant and equipment, net	$1.31B+31.0%	$1.2B+21.3%	$1.13B+22.6%	$1.03B—	$998.54M—
Operating Lease Right-of-Use Assets in Other Assets	$2.91B-5.4%	$2.97B-0.9%	$3B+17.3%	$3.03B—	$3.08B—
Software and Technology Licenses, Net	$185.7M+1.9%	$171.37M+6.4%	$193.09M+17.7%	$188.02M—	$182.17M—
Tax Credit Carryforward Valuation Allowance	——	——	——	——	——
Accrued Manufacturing Costs	$242.7M+15.5%	$187.52M+28.3%	$252.54M+62.5%	$193.03M—	$210.22M—
Accrued Rebates, Returns, and Promotions	$181.13M+11.7%	$181.13M+24.2%	$181.13M+116%	$173.6M—	$162.15M—
Contract Liabilities and Refund Liability	$181.13M—	$181.13M—	$181.13M—	$173.6M—	——
Compensation and benefits	$242.7M+15.5%	$187.52M+28.3%	$252.54M+62.5%	$193.03M—	$210.22M—
Finance Lease Liability Payment Due	$356.02M+80.5%	$339.75M+70.0%	$373.91M—	$223.14M—	$197.27M—
Finance Lease Liability - Undiscounted Excess Amount	$185.29M+264%	$183.86M+246%	$186.93M—	$50.18M—	$50.87M—
Lease Liability Payments - 2020 (Remaining Three Months)	——	——	——	——	——
Lease Liability Payments - 2021	$25.96M-71.9%	$37.32M+24.9%	$48.94M—	$120.93M—	$92.51M—
Operating Lease Liability Payments - 2024 (Lessee)	$347.17M+2.0%	$345.25M+6.0%	$343.61M—	$340.84M—	$340.27M—
Operating Lease Liability Payments - 2025 (Lessee)	$353.63M+2.0%	$352.04M+6.6%	$350.34M—	$347.33M—	$346.87M—
Lease Liability Payments - Due Year Two	$9M-53.0%	$24.89M-73.1%	$24.89M—	$19.13M—	$19.13M—
Lease Liability Payments - Due Year Three	$349.79M+1.6%	$349.37M+6.9%	$347.7M—	$344.77M—	$344.17M—
Lease Liability Payments - Due Year Four	$353.63M+2.0%	$352.04M+6.6%	$350.34M—	$347.33M—	$346.87M—
Lease Liability Payments - Due Year Five	$7.66M+524%	$7.51M+373%	$7.51M—	$1.23M—	$1.23M—
Lease Liability Payments - Remainder of Fiscal Year	$35.9M+31.2%	$343.65M+6.8%	$22.53M—	$24.81M—	$27.35M—
Line of Credit Outstanding	$45M-68.3%	$100M-29.6%	$100M—	$142M—	$142M—
Operating Lease Liability Payments Due	$4.63B-5.6%	$4.73B-0.6%	$4.76B—	$4.83B—	$4.91B—
Operating Lease Liability - Undiscounted Excess Amount	$1.59B-8.7%	$1.64B-2.9%	$1.65B—	$1.69B—	$1.74B—
Self-Insurance Reserve	$346.88M+43.1%	$321.56M+33.5%	$289.08M+44.1%	$276.41M—	$242.43M—
Debt Maturity - 2027	——	——	——	——	——
Debt Maturity - Thereafter	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$3.91M-3.2%	$3.95M-3.2%	$3.98M+27.2%	$4.01M—	$4.04M—
Deferred Compensation Liability (Non-Current)	——	——	——	——	——
Deferred Tax Liabilities - Leasing Arrangements	——	——	——	——	——
Operating Lease Liability Payments - 2026 (Lessee)	$349.79M+1.6%	$349.37M+6.9%	$347.7M—	$344.77M—	$344.17M—
Operating Lease Liability Payments - 2027 (Lessee)	$354.54M+0.7%	$355.92M+7.0%	$354.19M—	$352.67M—	$352.19M—
Operating Lease Liability Payments - 2028 (Lessee)	$353.63M+2.0%	$352.04M+6.6%	$350.34M—	$347.33M—	$346.87M—
Operating Lease Liability Payments - 2029 (Lessee)	$354.54M+0.7%	$355.92M+7.0%	$354.19M—	$352.67M—	$352.19M—
Lease Liability Payments - Due After Year Five	$246.73M+361%	$254.39M+365%	$254.39M—	$53.51M—	$53.51M—
Operating Lease Liability Payments - Thereafter (Lessee)	$2.63B-10.4%	$2.99B-4.4%	$2.94B—	$2.94B—	$2.93B—
Total debt	$3.46B-3.2%	$3.5B+0.4%	$3.55B+16.9%	$3.57B—	$3.57B—
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.00—	$0.00—
Common Stock Shares Issued	157.2M+1.3%	156.6M+0.9%	156.6M+0.9%	156.6M—	155.2M—
Cumulative Gross Losses and Impairments	——	——	——	——	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$157K+1.3%	$157K+1.3%	$157K+1.3%	$157K—	$155K—
Unrealized Gains on Investments	——	——	——	——	——
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$0—	$0—
Common stock, shares authorized (in shares)	$1.25B0.0%	$1.25B0.0%	$1.25B0.0%	$1.25B—	$1.25B—
Common stock, shares issued (in shares)	$157.17M+1.3%	$156.62M+0.9%	$156.62M+0.9%	$156.57M—	$155.18M—
Common Stock, Shares, Outstanding	$157.17M+1.3%	$156.62M+0.9%	$156.62M+0.9%	$156.57M—	$155.18M—
Accrued sales returns	$181.13M—	$181.13M—	$181.13M—	$173.6M—	——
Customer refunds and credits	$181.13M+11.7%	$181.13M+24.2%	$181.13M+116%	$173.6M—	$162.15M—
Other Contractual Commitments	$375.54M+7.8%	$359.79M+8.3%	$358.08M—	$348.92M—	$348.46M—
Other Contractual Commitments - Remainder of Fiscal Year 2024	——	——	——	——	——
Contractual Obligation, to be Paid, Year Four	$375.54M+7.8%	$359.79M+8.3%	$358.08M—	$348.92M—	$348.46M—
Contractual Obligation, to be Paid, Year Two	$356.17M-0.9%	$370.14M-11.5%	$368.5M—	$359.97M—	$359.4M—
Contractual Obligation, to be Paid, Year Three	$358.66M+3.6%	$357.27M+3.3%	$355.61M—	$346.72M—	$346.12M—
Contractual Obligation, to be Paid, Remainder of Fiscal Year	——	——	——	——	——
Contractual Obligation, To Be Paid	$4.99B-2.3%	$5.07B+2.2%	$5.13B—	$5.05B—	$5.1B—
Contractual Obligation, Undiscounted Excess Amount	$1.77B-0.9%	$1.82B+4.7%	$1.83B—	$1.74B—	$1.79B—
Deferred Compensation Liability, Classified, Noncurrent	——	——	——	——	——
Deferred Tax Liabilities, Gross	——	——	——	——	——
Deferred Tax Assets, Goodwill and Intangible Assets	——	——	——	——	——
Deferred Tax Assets, Gross	——	——	——	——	——
Lease liability	——	——	——	——	——
Deferred Tax Assets, Net	——	——	——	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	——	——	——	——
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	——	——	——	——	——
Compensation and benefits	——	——	——	——	——
Insurance	——	——	——	——	——
Accrued expenses	——	——	——	——	——
Deferred Tax Assets, Valuation Allowance	——	——	——	——	——
Equity investments	——	——	——	——	——
Deferred Tax Liabilities, Other	——	——	——	——	——
Prepaid expenses	——	——	——	——	——
Deferred Tax Liabilities, Property, Plant and Equipment	——	——	——	——	——
Number of plans	——	——	——	——	——
Equity method investments (Note 11)	$29.82M—	$30.8M—	$32.19M—	$34.03M—	——
Escrow deposit	$18.26M-16.3%	$18.4M-26.7%	$24.42M+3.5%	$23.41M—	$21.81M—
Current maturities of long-term debt	$29.58M+39.3%	$28.94M+36.6%	$59.89M+4,971%	$135.06M—	$21.24M—
Finance Lease Liability Payments Due	$356.02M+80.5%	$339.75M+70.0%	$373.91M—	$223.14M—	$197.27M—
Finance Lease Liability Payments Due After Year Five	$246.73M+361%	$254.39M+365%	$254.39M—	$53.51M—	$53.51M—
2027	$25.96M-71.9%	$37.32M+24.9%	$48.94M—	$120.93M—	$92.51M—
Finance Lease Liability Payments Due Year Five	$7.66M+524%	$7.51M+373%	$7.51M—	$1.23M—	$1.23M—
Finance Lease Liability Payments Due Year Four	$21.91M+1,280%	$7.75M+297%	$7.75M—	$1.59M—	$1.59M—
Finance Lease Liability Payments Due Year Three	$8.87M+355%	$7.9M-58.7%	$7.9M—	$1.95M—	$1.95M—
Finance Lease Liability Payments Due Year Two	$9M-53.0%	$24.89M-73.1%	$24.89M—	$19.13M—	$19.13M—
Finance Lease Liability Undiscounted Excess Amount	$185.29M+264%	$183.86M+246%	$186.93M—	$50.18M—	$50.87M—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$166.79M+20.5%	$150.6M+8.0%	$182.09M+29.6%	$166.89M—	$138.43M—
Property, plant and equipment	$173.07M+19.1%	$155.54M+7.1%	$191.71M+32.0%	$174.86M—	$145.26M—
Goodwill accumulated impairment losses	——	——	——	——	——
Goodwill tax deductible (as in percent)	——	——	——	——	——
Trademarks	——	——	——	——	——
Insurance receivable, current	$18.62M+231%	$17.45M+259%	$16.35M+172%	$7.34M—	$5.63M—
Insurance receivable, noncurrent	$27.93M+1.6%	$26.18M—	$24.53M—	$35.86M—	$27.5M—
Purchase obligation of real estate	——	——	——	——	——
Lessee Operating Lease Liability Payments Due	$4.63B-5.6%	$4.73B-0.6%	$4.76B—	$4.83B—	$4.91B—
Lessee Operating Lease Liability Undiscounted Excess Amount	$1.59B-8.7%	$1.64B-2.9%	$1.65B—	$1.69B—	$1.74B—
2028	——	——	——	——	——
2029	——	——	——	——	——
2029	——	——	——	——	——
2030	——	——	——	——	——
Thereafter	——	——	——	——	——
2027	——	——	——	——	——
Secured lines of credit	——	——	——	——	——
Noncontrolling interests in subsidiaries	$5.02M-16.9%	$5.68M-7.5%	$5.59M-16.5%	$5.83M—	$6.05M—
Number of lease to purchase contracts	36+2.9%	36+2.9%	36—	35—	35—
Number of finance leases allowed for purchase option	——	——	——	——	——
Number of finance leases facility, lessor holds an option	——	——	——	7—	——
Number of leases in dispute with landlord	——	——	——	——	——
Number of leases, subject to disagreement with landlord	——	——	——	——	——
Number of post-acute care facilities	490.0%	490.0%	49—	49—	49—
Number of operating properties	56+27.3%	53+20.5%	51—	46—	44—
Number of subsidiaries with HUD mortgage loans	130.0%	130.0%	13—	13—	13—
Operating Lease Weighted Average Discount Rate Percent	$0.07+1.6%	$0.07+1.6%	$0.06+6.7%	$0.06—	$0.06—
Other accrued liabilities	$168.41M+2.5%	$154.03M+8.2%	$179.43M+68.2%	$247.94M—	$164.38M—
Insurance Reserve, Current	$137.93M+82.8%	$128.99M+69.8%	$120.91M+255%	$83.45M—	$75.46M—
Self-insurance accruals	$208.95M+11.9%	$192.56M+16.7%	$177.48M-5.7%	$207.64M—	$186.71M—
Purchase Obligation	$3.21B-3.0%	$3.25B+0.9%	$3.3B—	$3.31B—	$3.31B—
Remainder of Fiscal Year 2024	——	——	——	——	——
Unrecorded Unconditional Purchase Obligation - Due After Year Five	$2.87B-3.8%	$3.24B+2.0%	$3.19B—	$2.99B—	$2.99B—
Unrecorded Unconditional Purchase Obligation - Due Year Five	$362.2M+2.5%	$363.43M+8.7%	$361.7M—	$353.89M—	$353.42M—
Weighted-Average Discount Rate	6.5%+0.4%	6.5%+0.4%	6.6%+0.5%	6.1%—	6.1%—
Weighted-Average Discount Rate - Finance Leases	$0.07+6.6%	$0.07+6.6%	$0.07+8.2%	$0.06—	$0.06—

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Questions, answered.

Can PACS Group cover its short-term obligations?: Its current ratio is 0.99 — current liabilities exceed current assets.
Where does PACS Group's balance sheet data come from?: Every line is extracted from PACS Group's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.