July Financials

NOAH’s performance is measured in several key ways, including the number of patients we see, the comprehensive care we provide, and maintaining healthy financials.

Below is the July Financial Dashboard from Chief Financial Officer, Julia Karl.

MetricTargetJuly 20223 months ago6 months ago
Days Cash on Hand908267126
Current Ratio2.03.633.44.1
Operating Margin6%1%-1%-3%

Days Cash on Hand:   This measure increased eight days this month!  NOAH received some significant grant funding associated with our Cholla Capital project.

Current Ratio:  NOAH’s Current Ratio remains strong indicating we have three times as many liquid assets to pay for our short-term cash needs.

Operating Margin:  NOAH’s Operating Margin is back into a gain position!  Continuing to push this to a 3% gain will be NOAH’s financial priority this year.

Previous Post
Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *