CareTrust REIT Financials
CTRE Stock | USD 25.25 0.01 0.04% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.4 | 0.4204 |
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Operating Income | 172.1 M | 163.9 M |
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Current Ratio | 4.61 | 4.3937 |
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Investors should never underestimate CareTrust REIT's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor CareTrust REIT's cash flow, debt, and profitability to make informed and accurate decisions about investing in CareTrust REIT.
Net Income |
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CareTrust | Select Account or Indicator |
Understanding current and past CareTrust REIT Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CareTrust REIT's financial statements are interrelated, with each one affecting the others. For example, an increase in CareTrust REIT's assets may result in an increase in income on the income statement.
The data published in CareTrust REIT's official financial statements typically reflect CareTrust REIT's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving CareTrust REIT's quantitative information. For example, before you start analyzing numbers published by CareTrust accountants, it’s essential to understand CareTrust REIT's liquidity, profitability, and earnings quality within the context of the Diversified REITs space in which it operates.
Please note, the presentation of CareTrust REIT's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CareTrust REIT's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CareTrust REIT's management manipulating its earnings.
CareTrust REIT Stock Summary
CareTrust REIT competes with Global Medical, Universal Health, Healthpeak Properties, Healthcare Realty, and Sabra Healthcare. CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a nationwide portfolio of long-term net-leased properties, and a growing portfolio of quality operators leasing them, CareTrust REIT is pursuing both external and organic growth opportunities across the United States. Caretrust REIT operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 16 people.Specialization | Real Estate, Equity Real Estate Investment Trusts (REITs) |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US14174T1079 |
CUSIP | 14174T107 |
Location | California; U.S.A |
Business Address | 905 Calle Amanecer, |
Sector | Diversified REITs |
Industry | Real Estate |
Benchmark | NYSE Composite |
Website | www.caretrustreit.com |
Phone | 949 542 3130 |
Currency | USD - US Dollar |
CareTrust REIT Key Financial Ratios
There are many critical financial ratios that CareTrust REIT's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CareTrust REIT reports annually and quarterly.Return On Equity | 0.0503 | ||||
Profit Margin | 0.27 % | ||||
Operating Margin | 0.64 % | ||||
Price To Sales | 14.67 X | ||||
Revenue | 198.6 M |
CareTrust REIT Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.5B | 1.6B | 1.6B | 2.1B | 1.3B | |
Accounts Payable | 15.0M | 19.6M | 25.4M | 24.4M | 34.0M | 17.7M | |
Cash | 20.3M | 18.9M | 19.9M | 13.2M | 294.4M | 309.2M | |
Other Assets | 3.0M | 2.0M | 1.6B | 12.3M | 1.8B | 1.9B | |
Long Term Debt | 295.9M | 495.6M | 199.1M | 594.5M | 595.6M | 416.8M | |
Total Liab | 591.3M | 589.4M | 725.1M | 771.4M | 666.1M | 567.6M | |
Other Current Liab | 21.7M | 24.3M | 26.3M | 27.6M | 36.5M | 20.4M | |
Net Debt | 534.3M | 526.7M | 653.5M | 706.3M | 301.2M | 514.3M | |
Net Receivables | 2.6M | 1.8M | 2.4M | 416K | 395K | 375.3K | |
Other Current Assets | 10.9M | 10.5M | 7.5M | 11.7M | (294.8M) | (280.1M) | |
Total Current Assets | 68.3M | 38.4M | 34.7M | 25.9M | 309.9M | 325.3M | |
Common Stock | 951K | 952K | 963K | 990K | 1.3M | 1.2M | |
Net Tangible Assets | 927.6M | 914.1M | 915.8M | 849.4M | 976.8M | 708.6M | |
Retained Earnings | (236.4M) | (251.2M) | (282.0M) | (397.0M) | (467.6M) | (444.2M) | |
Short Long Term Debt | 60M | 50M | 80M | 125M | 112.5M | 192.3M | |
Short Term Debt | 60M | 50M | 80M | 125M | 112.5M | 94.7M | |
Intangible Assets | 1.7M | 2.4M | 1.3M | 2.8M | 5.3M | 5.5M | |
Long Term Debt Total | 295.9M | 495.6M | 199.1M | 594.5M | 683.7M | 369.1M | |
Capital Surpluse | 1.2B | 1.2B | 1.2B | 1.2B | 1.4B | 1.0B | |
Net Invested Capital | 1.5B | 1.5B | 1.6B | 1.6B | 2.0B | 1.7B | |
Net Working Capital | (28.3M) | (55.4M) | (97.0M) | (139.3M) | 239.3M | 251.3M | |
Capital Stock | 951K | 952K | 963K | 990K | 1.3M | 1.1M |
CareTrust REIT Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 28.1M | 23.7M | 23.7M | 30.0M | 40.9M | 26.9M | |
Total Revenue | 159.1M | 175.7M | 190.2M | 187.5M | 198.6M | 139.8M | |
Gross Profit | 153.1M | 171.0M | 186.6M | 178.1M | 189.0M | 130.6M | |
Operating Income | 89.4M | 104.6M | 106.6M | 112.4M | 163.9M | 172.1M | |
Ebit | 89.4M | 104.6M | 106.6M | 112.4M | 135.5M | 75.4M | |
Ebitda | 141.3M | 157.4M | 162.0M | 162.8M | 186.4M | 118.5M | |
Cost Of Revenue | 5.9M | 4.7M | 3.6M | 9.4M | 9.6M | 6.7M | |
Income Before Tax | 46.4M | 80.9M | 72.0M | (7.5M) | 53.7M | 33.0M | |
Net Income | 18.2M | 57.2M | 48.3M | 42.9M | 53.7M | 30.7M | |
Income Tax Expense | 28.1M | 23.7M | 23.7M | (50.4M) | 41.2M | 43.3M | |
Interest Income | 4.3M | 2.6M | 2.2M | 8.6M | 19.2M | 20.1M | |
Net Interest Income | (23.8M) | (21.0M) | (21.5M) | (21.4M) | (21.7M) | (22.8M) |
CareTrust REIT Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (16.5M) | (1.4M) | 976K | (6.7M) | 281.3M | 295.3M | |
Free Cash Flow | 126.3M | 145.7M | 150.9M | 137.1M | 143.8M | 151.0M | |
Depreciation | 51.9M | 52.8M | 55.4M | 50.4M | 50.9M | 43.1M | |
Other Non Cash Items | 11.6M | 1.9M | 1.9M | 96.1M | 2.1M | 2.0M | |
Capital Expenditures | 322.0M | 89.7M | 6.0M | 7.3M | 11.0M | 10.4M | |
Net Income | 46.4M | 80.9M | 72.0M | (7.5M) | 53.7M | 33.0M | |
End Period Cash Flow | 20.3M | 18.9M | 19.9M | 13.2M | 294.4M | 309.2M | |
Change To Inventory | 5.2M | 6.3M | (825K) | 562K | 505.8K | 480.5K | |
Investments | 18.2M | 49.8M | (860K) | (143.3M) | (267.8M) | (254.4M) | |
Change Receivables | (6.3M) | 825K | (562K) | 604K | 694.6K | 729.3K | |
Net Borrowings | 200M | (10M) | 115.9M | 39.6M | 45.6M | 85.1M | |
Dividends Paid | 80.6M | 93.2M | 100.8M | 106.1M | 115.5M | 77.4M | |
Change To Netincome | 1.7M | 5.1M | 21.5M | 12.2M | 14.0M | 8.6M |
CareTrust Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CareTrust REIT's current stock value. Our valuation model uses many indicators to compare CareTrust REIT value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CareTrust REIT competition to find correlations between indicators driving CareTrust REIT's intrinsic value. More Info.CareTrust REIT is rated fourth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.90 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CareTrust REIT is roughly 1.11 . At present, CareTrust REIT's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value CareTrust REIT by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.CareTrust REIT Systematic Risk
CareTrust REIT's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CareTrust REIT volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CareTrust REIT correlated with the market. If Beta is less than 0 CareTrust REIT generally moves in the opposite direction as compared to the market. If CareTrust REIT Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CareTrust REIT is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CareTrust REIT is generally in the same direction as the market. If Beta > 1 CareTrust REIT moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in CareTrust REIT Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CareTrust REIT's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CareTrust REIT growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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CareTrust REIT June 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CareTrust REIT help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CareTrust REIT. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareTrust REIT based on widely used predictive technical indicators. In general, we focus on analyzing CareTrust Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareTrust REIT's daily price indicators and compare them against related drivers.
Downside Deviation | 0.9289 | |||
Information Ratio | 0.1344 | |||
Maximum Drawdown | 5.24 | |||
Value At Risk | (1.19) | |||
Potential Upside | 1.5 |
Complementary Tools for CareTrust Stock analysis
When running CareTrust REIT's price analysis, check to measure CareTrust REIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CareTrust REIT is operating at the current time. Most of CareTrust REIT's value examination focuses on studying past and present price action to predict the probability of CareTrust REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareTrust REIT's price. Additionally, you may evaluate how the addition of CareTrust REIT to your portfolios can decrease your overall portfolio volatility.
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