Balance Sheet Sienna Senior Living Inc.

Equities

SIA

CA82621K1021

Healthcare Facilities & Services

Market Closed - Toronto S.E. Other stock markets 04:15:36 2024-09-09 pm EDT			5-day change	1st Jan Change
16.41 ^CAD	+1.55%		+5.73%	+42.82%

Sep. 03	TSX Closer: The Market Closes with a Sharp Drop as Commodities Weaken on China Data Ahead of Expected Rate Cut	MT
Aug. 28	Sienna Senior Living Brief: Coverage Resumed Post Offering With Outperform Rating and C$17.50 Target at National Bank On "Increased Optionality Against a Recovering Backdrop"	MT

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Published financial data: SIENNA SENIOR LIVING INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	670M	664M	668M	719M	785M
Total Revenues	670M	664M	668M	719M	785M
Cost of Goods Sold, Total	513M	516M	534M	580M	639M
Gross Profit	157M	148M	135M	138M	146M
Selling General & Admin Expenses, Total	24.78M	20.7M	29.01M	32.74M	30.91M
Depreciation & Amortization - (IS)	77.46M	77.66M	53.07M	47.34M	49.62M
Other Operating Expenses, Total	102M	98.36M	82.08M	80.08M	80.53M
Operating Income	54.62M	49.63M	52.85M	58.25M	65.77M
Interest Expense, Total	-41.42M	-46.24M	-26.17M	-27.12M	-46.17M
Interest And Investment Income	4.4M	2.95M	1.72M	1.84M	2.24M
Net Interest Expenses	-37.03M	-43.29M	-24.45M	-25.28M	-43.93M
Income (Loss) On Equity Invest.	-	-565K	-30K	-11.28M	-9.31M
Other Non Operating Income (Expenses)	-3.74M	-2.64M	-2.52M	-6.6M	1.99M
EBT, Excl. Unusual Items	13.85M	3.14M	25.85M	15.09M	14.52M
Restructuring Charges	-	-6.53M	-	-6.55M	1.83M
Merger & Related Restructuring Charges	-833K	-	-	-	-679K
Gain (Loss) On Sale Of Assets	-	-	-	23.73M	-
Asset Writedown	-	-	-	-12.79M	-2.13M
Other Unusual Items	-	-31.04M	2.18M	-8.3M	-3.53M
EBT, Incl. Unusual Items	13.02M	-34.44M	28.03M	11.18M	10M
Income Tax Expense	5.47M	-9.95M	7.38M	513K	2.97M
Earnings From Continuing Operations	7.55M	-24.49M	20.65M	10.67M	7.04M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	7.55M	-24.49M	20.65M	10.67M	7.04M
Minority Interest	-	-	-	-	-
Net Income - (IS)	7.55M	-24.49M	20.65M	10.67M	7.04M
Net Income to Common Incl Extra Items	7.55M	-24.49M	20.65M	10.67M	7.04M
Net Income to Common Excl. Extra Items	7.55M	-24.49M	20.65M	10.67M	7.04M
Per Share Items
Net EPS - Basic	0.11	-0.37	0.31	0.15	0.1
Basic EPS - Continuing Operations	0.11	-0.37	0.31	0.15	0.1
Basic Weighted Average Shares Outstanding	66.47M	67.01M	67.04M	71.59M	72.96M
Net EPS - Diluted	0.11	-0.37	0.31	0.15	0.1
Diluted EPS - Continuing Operations	0.11	-0.37	0.31	0.15	0.1
Diluted Weighted Average Shares Outstanding	66.47M	67.01M	67.04M	71.59M	72.96M
Normalized Basic EPS	0.13	0.03	0.24	0.13	0.12
Normalized Diluted EPS	0.13	0.03	0.24	0.13	0.12
Dividend Per Share	0.93	0.94	0.94	0.94	0.94
Payout Ratio	632.2	-242.27	303.9	626.68	970.28
Supplemental Items
EBITDA	129M	124M	103M	103M	111M
EBITA	86.99M	79.26M	58.33M	58.28M	65.77M
EBIT	54.62M	49.63M	52.85M	58.25M	65.77M
Effective Tax Rate - (Ratio)	42.04	28.89	26.34	4.59	29.65
Current Domestic Taxes	6.1M	-5.66M	2.32M	4.3M	1.72M
Total Current Taxes	6.1M	-5.66M	2.32M	4.3M	1.72M
Deferred Domestic Taxes	-625K	-4.29M	5.06M	-3.79M	1.25M
Total Deferred Taxes	-625K	-4.29M	5.06M	-3.79M	1.25M
Normalized Net Income	8.66M	1.96M	16.16M	9.43M	9.07M
Interest on Long-Term Debt	37.03M	34.03M	30.44M	31.54M	39.47M
Supplemental Operating Expense Items
General and Administrative Expenses	24.78M	20.7M	29.01M	32.74M	30.91M
Stock-Based Comp., G&A Exp. (Total)	2.88M	-1.88M	1.44M	1.95M	2.92M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	2.88M	-1.88M	1.44M	1.95M	2.92M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	20.78M	95.68M	29.05M	38.05M	24.4M
Trading Asset Securities, Total	387K	-	-	2.29M	1.59M
Total Cash And Short Term Investments	21.16M	95.68M	29.05M	40.34M	25.99M
Accounts Receivable, Total	13.55M	18.09M	21.47M	17.5M	16.11M
Other Receivables	16M	22.9M	16.73M	11.72M	7.92M
Notes Receivable	-	-	-	-	-
Total Receivables	29.56M	40.99M	38.2M	29.21M	24.03M
Prepaid Expenses	4M	6.95M	10.48M	14.2M	10.68M
Other Current Assets, Total	-	-	18M	-	-
Total Current Assets	54.72M	144M	95.74M	83.76M	60.7M
Gross Property Plant And Equipment	1.42B	1.44B	1.45B	1.46B	1.56B
Accumulated Depreciation	-259M	-304M	-346M	-400M	-447M
Net Property Plant And Equipment	1.16B	1.13B	1.1B	1.06B	1.12B
Long-term Investments	352K	2.32M	6.8M	162M	147M
Goodwill	168M	168M	168M	165M	165M
Other Intangibles, Total	234M	202M	196M	192M	197M
Other Long-Term Assets, Total	74.8M	30.65M	40.28M	12.35M	8.75M
Total Assets	1.69B	1.68B	1.61B	1.68B	1.7B
Liabilities
Accounts Payable, Total	91.17M	38.49M	53.95M	44.4M	53.32M
Accrued Expenses, Total	-	64.97M	67.61M	71.44M	77.43M
Current Portion of Long-Term Debt	44.29M	137M	51.15M	126M	248M
Current Portion of Leases	631K	525K	-	-	778K
Current Income Taxes Payable	-	-	904K	2.73M	-
Unearned Revenue Current, Total	6.37M	18.54M	50.72M	82.26M	122M
Other Current Liabilities	5.21M	5.23M	6.13M	9.79M	7.67M
Total Current Liabilities	148M	265M	230M	337M	508M
Long-Term Debt	948M	904M	898M	849M	754M
Long-Term Leases	1.82M	1.29M	1.31M	2.84M	4.13M
Unearned Revenue Non Current	2.72M	2.67M	7.52M	-	-
Deferred Tax Liability Non Current	52.02M	47.98M	53.05M	48.07M	49.32M
Other Non Current Liabilities	9.83M	9.68M	13.16M	9.1M	5.64M
Total Liabilities	1.16B	1.23B	1.2B	1.25B	1.32B
Common Stock, Total	875M	879M	879M	965M	965M
Additional Paid In Capital	203K	203K	203K	203K	203K
Retained Earnings	-344M	-431M	-473M	-530M	-591M
Comprehensive Income and Other	-711K	-	-	-	-
Total Common Equity	530M	447M	406M	435M	374M
Minority Interest	-	-	-	-	-
Total Equity	530M	447M	406M	435M	374M
Total Liabilities And Equity	1.69B	1.68B	1.61B	1.68B	1.7B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	66.97M	67.04M	67.04M	72.94M	72.97M
ECS Total Common Shares Outstanding	66.84M	67.04M	67.04M	72.94M	72.97M
Book Value / Share	7.94	6.67	6.05	5.96	5.12
Tangible Book Value	129M	77.98M	42.27M	77.5M	11.67M
Tangible Book Value Per Share	1.93	1.16	0.63	1.06	0.16
Total Debt	995M	1.04B	950M	978M	1.01B
Net Debt	974M	947M	921M	938M	981M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	2.32M	6.3M	159M	146M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	139M	139M	132M	131M	137M
Buildings, Total	1.19B	1.2B	1.21B	1.21B	1.26B
Machinery, Total	82.01M	89.81M	94.52M	103M	112M
Full Time Employees	12.26K	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	914K	916K	1.01M	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	7.55M	-24.49M	20.65M	10.67M	7.04M
Depreciation & Amortization - CF	42.83M	45.29M	45.65M	45.5M	47.92M
Amortization of Goodwill and Intangible Assets - (CF)	32.37M	29.63M	5.49M	23K	-
Depreciation & Amortization, Total	75.2M	74.92M	51.14M	45.53M	47.92M
Amortization of Deferred Charges, Total - (CF)	4.55M	5.3M	4.44M	4.28M	5.02M
(Gain) Loss From Sale Of Asset	-	-102K	-	-23.73M	-
(Gain) Loss on Sale of Investments - (CF)	2.53M	9.64M	-4M	-9.19M	2.21M
Asset Writedown & Restructuring Costs	-	-	-	19.34M	-1.83M
(Income) Loss On Equity Investments - (CF)	-	565K	30K	11.28M	9.31M
Stock-Based Compensation (CF)	2.88M	-70K	1.44M	1.95M	2.92M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-5.37M	70.34M	124M	97.1M	34.32M
Change In Accounts Receivable	-1.92M	-4.42M	-2.61M	4.61M	2.89M
Change In Accounts Payable	-1.32M	12.16M	3.74M	1.94M	7.19M
Change in Other Net Operating Assets	1.83M	-74.61M	-101M	-57.7M	9.72M
Cash from Operations	85.92M	69.24M	98.52M	106M	127M
Capital Expenditure	-19.31M	-19.17M	-40.3M	-55.64M	-61.78M
Sale of Property, Plant, and Equipment	-	861K	-	49.79M	-
Cash Acquisitions	-	-	-	-	-29.36M
Sale (Purchase) of Intangible assets	-1.86M	-564K	-1.54M	-2M	-2.33M
Investment in Marketable and Equity Securities, Total	-	-2.89M	-4M	-164M	-
Other Investing Activities, Total	15.37M	13M	27.79M	37.18M	19.45M
Cash from Investing	-5.8M	-8.76M	-18.05M	-135M	-74.02M
Long-Term Debt Issued, Total	203M	503M	225M	171M	202M
Total Debt Issued	203M	503M	225M	171M	202M
Long-Term Debt Repaid, Total	-230M	-461M	-308M	-146M	-189M
Total Debt Repaid	-230M	-461M	-308M	-146M	-189M
Issuance of Common Stock	-	-	-	81.75M	-
Common Dividends Paid	-47.71M	-59.32M	-62.75M	-66.85M	-68.29M
Common & Preferred Stock Dividends Paid	-47.71M	-59.32M	-62.75M	-66.85M	-68.29M
Other Financing Activities, Total	-7.17M	31.83M	-1.02M	-1.76M	-10.52M
Cash from Financing	-82.21M	14.43M	-147M	37.65M	-66.34M
Net Change in Cash	-2.09M	74.9M	-66.62M	9M	-13.65M
Supplemental Items
Cash Interest Paid	36.93M	36.8M	29.12M	33.86M	40.36M
Cash Income Tax Paid (Refund)	7.2M	762K	-5.94M	2.47M	4.73M
Levered Free Cash Flow	66.69M	70.82M	65.2M	79.61M	62.06M
Unlevered Free Cash Flow	90.29M	97.15M	79.05M	94.09M	87.6M
Change In Net Working Capital	3.02M	-10.09M	-33.34M	-66.04M	-58.06M
Net Debt Issued / Repaid	-27.33M	41.92M	-83.32M	24.51M	12.47M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.98	1.84	2.01	2.21	2.44
Return on Total Capital	2.19	2.06	2.32	2.63	2.94
Return On Equity %	1.37	-5.01	4.84	2.54	1.74
Return on Common Equity	1.37	-5.01	4.84	2.54	1.74
Margin Analysis
Gross Profit Margin %	23.42	22.28	20.18	19.25	18.63
SG&A Margin	3.7	3.12	4.34	4.56	3.94
EBITDA Margin %	19.28	18.65	15.48	14.37	14.18
EBITA Margin %	12.99	11.93	8.73	8.11	8.37
EBIT Margin %	8.16	7.47	7.91	8.11	8.37
Income From Continuing Operations Margin %	1.13	-3.69	3.09	1.48	0.9
Net Income Margin %	1.13	-3.69	3.09	1.48	0.9
Net Avail. For Common Margin %	1.13	-3.69	3.09	1.48	0.9
Normalized Net Income Margin	1.29	0.3	2.42	1.31	1.16
Levered Free Cash Flow Margin	9.96	10.66	9.75	11.08	7.9
Unlevered Free Cash Flow Margin	13.48	14.63	11.82	13.09	11.15
Asset Turnover
Asset Turnover	0.39	0.39	0.41	0.44	0.47
Fixed Assets Turnover	0.57	0.58	0.6	0.66	0.72
Receivables Turnover (Average Receivables)	53.32	41.98	33.8	36.88	46.74
Short Term Liquidity
Current Ratio	0.37	0.54	0.42	0.25	0.12
Quick Ratio	0.34	0.52	0.29	0.21	0.1
Operating Cash Flow to Current Liabilities	0.58	0.26	0.43	0.32	0.25
Days Sales Outstanding (Average Receivables)	6.84	8.72	10.8	9.9	7.81
Average Days Payable Outstanding	65.66	24.81	31.62	30.93	27.91
Long Term Solvency
Total Debt/Equity	187.52	233.13	234.14	224.98	269.32
Total Debt / Total Capital	65.22	69.98	70.07	69.23	72.92
LT Debt/Equity	179.06	202.3	221.54	195.97	202.84
Long-Term Debt / Total Capital	62.28	60.73	66.3	60.3	54.92
Total Liabilities / Total Assets	68.66	73.34	74.78	74.13	77.95
EBIT / Interest Expense	1.32	1.07	2.02	2.15	1.42
EBITDA / Interest Expense	3.13	2.69	3.97	3.83	2.46
(EBITDA - Capex) / Interest Expense	2.67	2.28	2.43	1.78	1.12
Total Debt / EBITDA	7.66	8.38	9.14	9.42	8.85
Net Debt / EBITDA	7.5	7.61	8.86	9.03	8.63
Total Debt / (EBITDA - Capex)	9	9.9	14.92	20.32	19.39
Net Debt / (EBITDA - Capex)