LTC Properties Financials

LTC Stock  USD 38.70  0.52  1.36%   
Based on the key indicators related to LTC Properties' liquidity, profitability, solvency, and operating efficiency, LTC Properties is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At present, LTC Properties' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 49.9 M, whereas Total Current Liabilities is forecasted to decline to about 42.4 M. Key indicators impacting LTC Properties' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.410.4678
Fairly Down
Pretty Stable
Return On Assets0.04820.0484
Slightly Down
Pretty Stable
Return On Equity0.07580.1018
Way Down
Very volatile
Debt Equity Ratio1.061.0114
Sufficiently Up
Slightly volatile
Operating Income64 M90 M
Way Down
Slightly volatile
Current Ratio8.897.7616
Fairly Up
Slightly volatile
The financial analysis of LTC Properties is a critical element in measuring its lifeblood. Investors should not minimize LTC Properties' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

6.82 Million

  
Understanding current and past LTC Properties Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of LTC Properties' financial statements are interrelated, with each one affecting the others. For example, an increase in LTC Properties' assets may result in an increase in income on the income statement.
Please note, the presentation of LTC Properties' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, LTC Properties' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of LTC Properties' management manipulating its earnings.

LTC Properties Stock Summary

LTC Properties competes with Medical Properties, Sabra Healthcare, Healthpeak Properties, National Health, and Global Medical. LTC is a real estate investment trust investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. The portfolio is comprised of approximately 50 percent seniors housing and 50 percent skilled nursing properties. Ltc Properties operates under REITHealthcare Facilities classification in the United States and is traded on New York Stock Exchange. It employs 25 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS5021751020
CUSIP502175102
LocationCalifornia; U.S.A
Business Address2829 Townsgate Road,
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.ltcreit.com
Phone805 981 8655
CurrencyUSD - US Dollar

LTC Properties Key Financial Ratios

LTC Properties Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.5B1.7B1.9B1.9B
Other Current Liab(564.1M)(525.2M)(586.4M)118.8M47.5M49.9M
Net Debt689.1M641.6M717.6M757.5M871.0M914.6M
Other Assets258.8M1.2B1.1B452.1M(495.8M)(471.0M)
Net Receivables344.3M328.9M436.4M126.2M269.6M154.1M
Total Liab728.8M683.7M759.7M805.8M938.8M985.8M
Total Current Assets380.5M342.0M445.8M624.1M864.6M907.9M
Short Term Debt599.5M559.5M623.4M49.2M56.5M53.7M
Retained Earnings(90.8M)(85.8M)(120.4M)(111.9M)(116.9M)(111.1M)
Accounts Payable35.4M34.3M37.0M37.9M34.1M48.1M
Cash4.2M7.8M5.2M10.4M20.3M11.2M
Long Term Debt599.5M559.5M611.8M767.9M891.3M935.9M
Inventory3.8M5.7M62.0M13.0M18.4M19.3M
Other Current Assets5.1M5.3M4.2M476.8M328.9M345.3M
Net Tangible Assets776.9M767.4M736.7M828.4M952.6M747.8M
Long Term Debt Total599.5M559.5M611.8M637.9M733.5M485.6M
Capital Surpluse867.3M852.8M856.9M931.1M1.1B847.8M

LTC Properties Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense30.6M29.7M27.4M31.4M47.0M49.4M
Total Revenue185.3M159.3M155.3M175.2M191.8M106.0M
Gross Profit168.5M144.3M139.9M159.7M140.4M94.6M
Operating Income113.1M95.6M80.6M99.1M90.0M64.0M
Ebit113.1M3.4M11.1M56.4M90.0M58.7M
Ebitda152.3M134.7M93.1M136.6M127.4M86.6M
Net Income47.6M65.9M27.1M100.0M89.7M54.3M
Income Tax Expense33.3M29.8M29.2M(364K)2.3M2.2M
Income Before Tax80.9M95.7M56.2M100.6M91.5M56.7M
Cost Of Revenue16.8M15.1M15.4M15.5M51.5M54.0M
Minority Interest8.5M384K363K(560K)(1.7M)(1.6M)
Research Development0.430.520.360.570.460.48
Interest Income2.4M326K1.4M1.5M1.4M1.4M
Net Interest Income(30.6M)(29.7M)(27.4M)(31.4M)(47.0M)(49.4M)

LTC Properties Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(520K)3.5M(2.6M)5.2M9.9M9.3M
Free Cash Flow121.9M115.7M91.2M105.6M104.4M109.6M
Depreciation39.2M39.1M38.3M37.5M37.4M21.8M
Other Non Cash Items(1.5M)22.7M1.0M(36.5M)(18.1M)(17.2M)
Dividends Paid90.9M90.3M90.5M91.5M94.8M61.9M
Capital Expenditures608K354K6.3M9.1M9.7M9.2M
Net Income80.9M95.7M56.2M100.6M91.5M57.6M
End Period Cash Flow4.2M7.8M5.2M10.4M20.3M17.6M
Investments(11.2M)9.0M(107.1M)(119.9M)(203.7M)(193.5M)
Change Receivables(5.9M)(6.2M)(6.8M)(7.2M)(6.5M)(6.1M)
Net Borrowings48.2M(44.2M)70.5M44.7M40.3M44.2M
Change To Netincome9.2M(10.7M)1.2M(23.2M)(20.9M)(19.8M)

LTC Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining LTC Properties's current stock value. Our valuation model uses many indicators to compare LTC Properties value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LTC Properties competition to find correlations between indicators driving LTC Properties's intrinsic value. More Info.
LTC Properties is currently regarded as number one stock in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for LTC Properties is roughly  2.77 . At present, LTC Properties' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the LTC Properties' earnings, one of the primary drivers of an investment's value.

LTC Properties Systematic Risk

LTC Properties' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. LTC Properties 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on LTC Properties correlated with the market. If Beta is less than 0 LTC Properties generally moves in the opposite direction as compared to the market. If LTC Properties Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one LTC Properties is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of LTC Properties is generally in the same direction as the market. If Beta > 1 LTC Properties moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in LTC Properties Stock are looking for potential investment opportunities by analyzing not only static indicators but also various LTC Properties' 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 LTC Properties growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.06)

At present, LTC Properties' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

LTC Properties November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of LTC Properties help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of LTC Properties. We use our internally-developed statistical techniques to arrive at the intrinsic value of LTC Properties based on widely used predictive technical indicators. In general, we focus on analyzing LTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build LTC Properties's daily price indicators and compare them against related drivers.

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When running LTC Properties' price analysis, check to measure LTC Properties' 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 LTC Properties is operating at the current time. Most of LTC Properties' value examination focuses on studying past and present price action to predict the probability of LTC Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LTC Properties' price. Additionally, you may evaluate how the addition of LTC Properties to your portfolios can decrease your overall portfolio volatility.
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