CareTrust REIT Financial Health

How is CareTrust REIT's financial position?

Financial Health Score


Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).

Balance Sheet

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