CareTrust REIT Financial Health
How is CareTrust REIT's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CTRE's short term assets ($102.4M) exceed its short term liabilities ($57.7M).
Long Term Liabilities: CTRE's short term assets ($102.4M) do not cover its long term liabilities ($774.2M).
Debt to Equity History and Analysis
Debt Level: CTRE's net debt to equity ratio (94.6%) is considered high.
Reducing Debt: CTRE's debt to equity ratio has increased from 80.7% to 95.2% over the past 5 years.
Debt Coverage: CTRE's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: CTRE's interest payments on its debt are well covered by EBIT (3.9x coverage).