Bullboard - Stock Discussion Forum Medical Facilities Corp T.DR

Alternate Symbol(s): MFCSF

Healthcare

Medical Facilities Corporation is a Canada-based company, which owns a diverse portfolio of surgical facilities in the United States. The Company owns interest in four specialty surgical hospitals (SSHs) located in Arkansas, Oklahoma, and South Dakota, and one ambulatory surgery centers (ASC) located in California. ASCs are specialized surgical centers that only provide outpatient procedures... see more

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TSX:DR - Post Discussion

Medical Facilities Corp > $26 Million US in Extra Cash Flows

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Post by nozzpack on Aug 18, 2020 2:23pm

$26 Million US in Extra Cash Flows

Relative to 2019, cash flows in 2020 will be increased because..

1....Dividend cut in Two..........................$9 million US Savings

2...Substantialy less debt........................$8 million in Interest savings

3. Asset Sales ........................................$7 million gain...Higher margins/ higher WI

4...More Cash ( $79 M US ).................... $2 million gain in Interest

Total cash savings....................................$26 million US

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