CareTrust Net Working Capital from 2010 to 2024

CTRE Stock  USD 30.74  0.08  0.26%   
CareTrust REIT's Net Working Capital is increasing over the years with slightly volatile fluctuation. Overall, Net Working Capital is expected to go to about 251.3 M this year. During the period from 2010 to 2024 CareTrust REIT Net Working Capital annual values regression line had coefficient of variation of (161.12) and r-squared of  0.57. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
239.3 M
Current Value
251.3 M
Quarterly Volatility
147 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CareTrust REIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareTrust REIT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53 M, Interest Expense of 26.9 M or Selling General Administrative of 14.6 M, as well as many indicators such as Price To Sales Ratio of 7.34, Dividend Yield of 0.0601 or PTB Ratio of 2.29. CareTrust financial statements analysis is a perfect complement when working with CareTrust REIT Valuation or Volatility modules.
  
Check out the analysis of CareTrust REIT Correlation against competitors.
For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

Latest CareTrust REIT's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of CareTrust REIT over the last few years. It is CareTrust REIT's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareTrust REIT's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

CareTrust Net Working Capital Regression Statistics

Arithmetic Mean(91,236,497)
Coefficient Of Variation(161.12)
Mean Deviation105,492,671
Median(183,399,000)
Standard Deviation146,998,688
Sample Variance21608.6T
Range434.7M
R-Value0.76
Mean Square Error9998.2T
R-Squared0.57
Significance0
Slope24,823,928
Total Sum of Squares302520.6T

CareTrust Net Working Capital History

2024251.3 M
2023239.3 M
2022-139.3 M
2021-97 M
2020-55.4 M
2019-28.3 M
2018-71.9 M

About CareTrust REIT Financial Statements

CareTrust REIT stakeholders use historical fundamental indicators, such as CareTrust REIT's Net Working Capital, to determine how well the company is positioned to perform in the future. Although CareTrust REIT investors may analyze each financial statement separately, they are all interrelated. For example, changes in CareTrust REIT's assets and liabilities are reflected in the revenues and expenses on CareTrust REIT's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CareTrust REIT. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital239.3 M251.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:
Check out the analysis of CareTrust REIT Correlation against competitors.
For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareTrust REIT. If investors know CareTrust will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareTrust REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.614
Dividend Share
1.15
Earnings Share
0.73
Revenue Per Share
1.926
Quarterly Revenue Growth
0.385
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.