Align Senior Care Inc
Major Rating Factors:
Weak profitability index (1.3 on a scale of 0 to 10) with modest operating losses during 2020, 2021 and 2022. Fair overall results on stability tests (3.6) based on fair risk diversification due to the size of the company's affiliate group, an excessive 193% enrollment growth during the period. Potentially strong support from affiliation with New Enterprise Associates Inc. Excellent capitalization index (9.2) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MA, MS, VA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
New Enterprise Associates Inc
Investment Rating
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Company Address
10900 Nuckols Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 396-6412
NAIC Number
16579
Website
Largest Affiliates