Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026

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MethodCoverageAbout
Sonida Senior Living, Inc.SNDA · healthcare
GradeNonecomputable_factors_below_threshold: 5 of 14 inputs computable; 7 are required
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $844.8M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsdilution, thin datanot computable: distress
Inputs computable5 of 14
Graded fromfilings received through Mar 12, 2026211 days before the rescan; every figure keyed to the SEC receipt date
Last close$35.952026-10-08; market equity $1.7B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$30$40NovDecJanFebMarAprMayJunJulAugSepOctE$35.96
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2012nonen/aQ3
Mar 21, 2013nonen/aQ4
Mar 21, 2025E94.7Q4
Mar 21, 2026nonen/aQ4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Mar 12, 2026; the document on sec.gov.

” in this Annual Report on Form 10-K, on March 11, 2026, Sonida Senior Living, Inc. completed its previously announced acquisition of CNL Healthcare Properties, Inc. (“CHP”) through a series of steps ending with a forward merger of CHP with and into a subsidiary of Sonida Senior Living, Inc. (the “CHP Merger”), with such subsidiary surviving the Merger, as a result of which Sonida Senior Living, Inc. now indirectly owns all of the assets of CHP.

Warnings [top]

Dilution. split-adjusted year-over-year share growth is 150.5%[3-4]
Thin data. 5 of 14 grade factors are computable; minimum is 7

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 37.9
Gross profitabilitynot computable32.2%
one or more required annual facts are missing
Return on invested capitalnot computable9.3%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Accruals ratio(11.3%)[1,5-7](6.6%)37.98112025-12-31
Gross margin stability, five yearsnot computable2.8 pts
five annual gross margins are required; found 0
Solvency, sleeve percentile 92.0
Twelve-month failure probabilitynot computable0.07%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-primenot computable(0.31)
latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31
Net debt to EBITDAnot computable1.82x
latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31
Interest coveragenot computable(4.51x)
required facts have no common fiscal period end
Current ratio0.74x[8-9]2.96x92.08392025-12-31
Growth and financing, sleeve percentile 52.7
Revenue growth, three-year compound16.9%[2,10-12]10.0%36.74152025-12-31
Free cash flow growth, three-year compoundnot computable10.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable37.1%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Asset growth, three years8.5%[1,7,13-14]2.1%33.47042025-12-31
Net share issuance, one year150.5%[3-4]2.5%87.86342026-03-11

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Among 371 Peers [top]

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month35.3%8.0%68hotter than 68 of 100 peers
Distance from 52-week high(16.5%)(31.4%)70closer to its high than 70 of 100 peers
EBIT to enterprise value2.1%(1.5%)62pricier than 38 of 100 peers
Free cash flow yield(0.5%)(1.0%)51pricier than 49 of 100 peers
Book value to price0.500.2869pricier than 31 of 100 peers
Sales to price0.220.3141pricier than 59 of 100 peers
Composite equity issuance, five years313.9%20.3%96more equity-funded than 96 of 100 peers
Relative strength against the sector, log excess return0.09(0.14)68ahead of 68 of 100 peers

Inputs: market equity $1.7B; EBIT $68.7M; free cash flow -$8.9M; book equity $861.6M; sales $381.1M; debt $1.6B; cash $48.7M[15].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2025-12-31
Return on assets above zero(8.4%)✗ fail[5,7]
Operating cash flow above zero$24.4M✓ pass[6]
Return on assets improved(8.1 pts)✗ fail[5,7,13,16]
Operating cash flow exceeds net income$95.1M✓ pass[5-6]
Long-term leverage fell(6.0 pts)✓ pass[1,7,13,17-18]
Current ratio improved(10.7 pts)✗ fail[8-9,19-20]
No new shares issued150.5%✗ fail[3-4]
Gross margin improvedn/a
Asset turnover improved(3.7 pts)✗ fail[2,7,10,13]
Cash, filings, liquidity
Cash and equivalents$48.7M[21]
Operating cash flow, four quarters-$15.6M[6,21-25]
Months of runway37.6
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing60
10-Q received Aug 10, 2026
Median daily dollar volume$16.1M
63 sessions
Days since newest grade input211

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$844.8M2025-12-312026-03-1210-Kfiling · viewer · series
2revenueus-gaap:Revenues$381.1M2025-12-312026-03-1210-Kfiling · viewer · series
3shares outstandingdei:EntityCommonStockSharesOutstanding47,388,0422026-03-112026-03-1210-Kfiling · viewer · series
4shares outstandingdei:EntityCommonStockSharesOutstanding18,915,9382025-03-132025-03-1710-Kfiling · viewer · series
5net incomeus-gaap:NetIncomeLoss-$70.8M2025-12-312026-03-1210-Kfiling · viewer · series
6operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$24.4M2025-12-312026-03-1210-Kfiling · viewer · series
7assetsus-gaap:Assets$841.9M2024-12-312026-03-1210-Kfiling · viewer · series
8current assetsus-gaap:AssetsCurrent$77.9M2025-12-312026-03-1210-Kfiling · viewer · series
9current liabilitiesus-gaap:LiabilitiesCurrent$105.1M2025-12-312026-03-1210-Kfiling · viewer · series
10revenueus-gaap:Revenues$304.3M2024-12-312026-03-1210-Kfiling · viewer · series
11revenueus-gaap:Revenues$255.3M2023-12-312025-03-1710-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$238.4M2022-12-312023-03-3010-Kfiling · viewer · series
13assetsus-gaap:Assets$621.5M2023-12-312025-03-1710-Kfiling · viewer · series
14assetsus-gaap:Assets$661.3M2022-12-312024-03-2710-Kfiling · viewer · series
15shares outstandingdei:EntityCommonStockSharesOutstanding48,047,9902026-08-072026-08-1010-Qfiling · viewer · series
16net incomeus-gaap:NetIncomeLoss-$2.1M2024-12-312026-03-1210-Kfiling · viewer · series
17long term debtus-gaap:LongTermDebtNoncurrent$682.5M2025-12-312026-03-1210-Kfiling · viewer · series
18long term debtus-gaap:LongTermDebtNoncurrent$635.9M2024-12-312026-03-1210-Kfiling · viewer · series
19current assetsus-gaap:AssetsCurrent$64.1M2024-12-312026-03-1210-Kfiling · viewer · series
20current liabilitiesus-gaap:LiabilitiesCurrent$75.6M2024-12-312026-03-1210-Kfiling · viewer · series
21cashus-gaap:CashAndCashEquivalentsAtCarryingValue$48.7M2026-06-302026-08-1010-Qfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$27.2M2026-06-302026-08-1010-Qfiling · viewer · series
23operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$35.9M2026-03-312026-05-1110-Qfiling · viewer · series
24operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$24.8M2025-09-302025-11-1010-Qfiling · viewer · series
25operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$12.8M2025-06-302026-08-1010-Qfiling · viewer · series

Limitations [top]

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.

Informational and educational only. Not investment advice. SEC and market data may contain errors.

If you have any comments about this page, the methodology and every line of code that produced it are in the public repository. However, due to the limited number of personnel, we are unable to provide a direct response.

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GitHub · ezrakruger.cc
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bull: Raphael Schön from Vienna, Austria, CC BY 2.0; bear: U. S. Fish and Wildlife Service - Northeast Region, Public domain; elk: Oregon Department of Fish & Wildlife, Public domain; tortoise: NPS, Public domain; sloth: Charles J. Sharp, CC BY-SA 3.0; fox: Cp9asngf, CC BY-SA 4.0; sector-business_equipment: Sangitiana Fararano, CC BY-SA 2.0; sector-healthcare: User:Squidonius, myself, and User:Beliason (assumed)., CC BY-SA 4.0; sector-manufacturing: unknown, CC BY-SA 2.0; sector-shops: Wilfredor, CC BY-SA 4.0; sector-consumer_nondurables: Nielsoncaetanosalmeron, CC BY 4.0; sector-utilities: Lijovklm, CC BY-SA 4.0; sector-consumer_durables: Stilfehler, CC BY-SA 4.0; sector-chemicals: PEO ACWA, CC BY 2.0; sector-energy: Arne Hückelheim, CC BY-SA 3.0; sector-telecom: Wikideas1, CC0; sector-other: Downtowngal, CC BY-SA 4.0.

Updated Oct 9, 2026