CareTrust Net Debt vs Net Receivables Analysis

CTRE Stock

USD 26.42 0.10 0.38%

CareTrust REIT financial indicator trend analysis is way more than just evaluating CareTrust REIT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareTrust REIT is a good investment. Please check the relationship between CareTrust REIT Net Debt and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareTrust REIT Net Debt account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CareTrust REIT's Net Debt and Net Receivables is -0.48. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of CareTrust REIT, assuming nothing else is changed. The correlation between historical values of CareTrust REIT's Net Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of CareTrust REIT are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Debt i.e., CareTrust REIT's Net Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Receivables

Most indicators from CareTrust REIT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareTrust REIT current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.At present, CareTrust REIT's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Interest Expense	30.0M	40.9M	30.3M	27.4M
Depreciation And Amortization	83.7M	50.9M	56.8M	53.7M

Interest Expense Depreciation And Amortization

CareTrust REIT fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Common Stock	Net Tangible Assets	Retained Earnings	Retained Earnings Total Equity	Other Stockholder Equity
Common Stock Shares Outstanding		0.98	0.94	0.72	0.94	0.72	0.75	0.54	0.73	0.67	0.96	0.64	0.08	0.98	0.98	0.72	0.74	-0.65	0.71	0.88	0.82	-0.64	0.87	-0.92	-0.82	0.97
Total Assets	0.98		0.99	0.59	0.99	0.8	0.85	0.47	0.6	0.53	0.99	0.51	-0.11	1.0	1.0	0.8	0.85	-0.56	0.59	0.95	0.9	-0.55	0.75	-0.94	-0.77	1.0
Total Stockholder Equity	0.94	0.99		0.48	0.98	0.81	0.89	0.38	0.46	0.39	0.98	0.4	-0.26	0.98	0.98	0.81	0.91	-0.45	0.46	0.98	0.93	-0.45	0.65	-0.91	-0.69	0.99
Other Liab	0.72	0.59	0.48		0.54	0.35	0.24	0.66	0.88	0.82	0.57	0.82	0.57	0.61	0.61	0.34	0.2	-0.86	0.78	0.37	0.36	-0.86	0.92	-0.57	-0.69	0.57
Accounts Payable	0.94	0.99	0.98	0.54		0.83	0.87	0.46	0.56	0.49	0.99	0.47	-0.17	0.98	0.98	0.83	0.87	-0.54	0.56	0.95	0.92	-0.54	0.68	-0.94	-0.74	0.99
Cash	0.72	0.8	0.81	0.35	0.83		0.61	0.45	0.35	0.27	0.83	0.13	-0.44	0.76	0.76	1.0	0.66	-0.34	0.43	0.75	0.96	-0.34	0.46	-0.85	-0.61	0.83
Other Assets	0.75	0.85	0.89	0.24	0.87	0.61		0.02	0.25	0.18	0.83	0.24	-0.34	0.84	0.85	0.61	0.93	-0.26	0.25	0.92	0.78	-0.26	0.41	-0.72	-0.47	0.83
Long Term Debt	0.54	0.47	0.38	0.66	0.46	0.45	0.02		0.67	0.64	0.48	0.62	0.31	0.47	0.46	0.45	0.15	-0.59	0.6	0.29	0.38	-0.59	0.59	-0.56	-0.67	0.47
Total Liab	0.73	0.6	0.46	0.88	0.56	0.35	0.25	0.67		0.98	0.6	0.84	0.68	0.62	0.62	0.35	0.14	-0.83	0.95	0.36	0.34	-0.83	0.89	-0.64	-0.78	0.57
Short Long Term Debt Total	0.67	0.53	0.39	0.82	0.49	0.27	0.18	0.64	0.98		0.53	0.83	0.73	0.55	0.55	0.26	0.07	-0.78	0.95	0.28	0.25	-0.78	0.84	-0.56	-0.74	0.5
Other Current Liab	0.96	0.99	0.98	0.57	0.99	0.83	0.83	0.48	0.6	0.53		0.45	-0.13	0.99	0.99	0.83	0.83	-0.54	0.62	0.95	0.92	-0.54	0.73	-0.96	-0.79	0.99
Total Current Liabilities	0.64	0.51	0.4	0.82	0.47	0.13	0.24	0.62	0.84	0.83	0.45		0.66	0.55	0.55	0.13	0.22	-0.74	0.65	0.3	0.19	-0.74	0.75	-0.46	-0.57	0.47
Net Debt	0.08	-0.11	-0.26	0.57	-0.17	-0.44	-0.34	0.31	0.68	0.73	-0.13	0.66		-0.06	-0.07	-0.44	-0.48	-0.48	0.58	-0.32	-0.46	-0.48	0.47	0.08	-0.27	-0.16
Non Current Assets Total	0.98	1.0	0.98	0.61	0.98	0.76	0.84	0.47	0.62	0.55	0.99	0.55	-0.06		1.0	0.76	0.84	-0.57	0.61	0.94	0.87	-0.57	0.77	-0.93	-0.77	0.99
Non Currrent Assets Other	0.98	1.0	0.98	0.61	0.98	0.76	0.85	0.46	0.62	0.55	0.99	0.55	-0.07	1.0		0.76	0.84	-0.56	0.6	0.95	0.87	-0.56	0.77	-0.93	-0.77	0.99
Cash And Short Term Investments	0.72	0.8	0.81	0.34	0.83	1.0	0.61	0.45	0.35	0.26	0.83	0.13	-0.44	0.76	0.76		0.66	-0.34	0.43	0.75	0.96	-0.34	0.46	-0.85	-0.61	0.83
Net Receivables	0.74	0.85	0.91	0.2	0.87	0.66	0.93	0.15	0.14	0.07	0.83	0.22	-0.48	0.84	0.84	0.66		-0.26	0.11	0.95	0.83	-0.26	0.34	-0.72	-0.41	0.85
Common Stock Total Equity	-0.65	-0.56	-0.45	-0.86	-0.54	-0.34	-0.26	-0.59	-0.83	-0.78	-0.54	-0.74	-0.48	-0.57	-0.56	-0.34	-0.26		-0.73	-0.37	-0.37	1.0	-0.73	0.49	0.57	-0.52
Non Current Liabilities Total	0.71	0.59	0.46	0.78	0.56	0.43	0.25	0.6	0.95	0.95	0.62	0.65	0.58	0.61	0.6	0.43	0.11	-0.73		0.37	0.39	-0.73	0.85	-0.68	-0.82	0.58
Other Current Assets	0.88	0.95	0.98	0.37	0.95	0.75	0.92	0.29	0.36	0.28	0.95	0.3	-0.32	0.94	0.95	0.75	0.95	-0.37	0.37		0.89	-0.37	0.56	-0.86	-0.63	0.95
Total Current Assets	0.82	0.9	0.93	0.36	0.92	0.96	0.78	0.38	0.34	0.25	0.92	0.19	-0.46	0.87	0.87	0.96	0.83	-0.37	0.39	0.89		-0.36	0.5	-0.89	-0.63	0.93
Common Stock	-0.64	-0.55	-0.45	-0.86	-0.54	-0.34	-0.26	-0.59	-0.83	-0.78	-0.54	-0.74	-0.48	-0.57	-0.56	-0.34	-0.26	1.0	-0.73	-0.37	-0.36		-0.73	0.49	0.57	-0.52
Net Tangible Assets	0.87	0.75	0.65	0.92	0.68	0.46	0.41	0.59	0.89	0.84	0.73	0.75	0.47	0.77	0.77	0.46	0.34	-0.73	0.85	0.56	0.5	-0.73		-0.73	-0.82	0.73
Retained Earnings	-0.92	-0.94	-0.91	-0.57	-0.94	-0.85	-0.72	-0.56	-0.64	-0.56	-0.96	-0.46	0.08	-0.93	-0.93	-0.85	-0.72	0.49	-0.68	-0.86	-0.89	0.49	-0.73		0.84	-0.95
Retained Earnings Total Equity	-0.82	-0.77	-0.69	-0.69	-0.74	-0.61	-0.47	-0.67	-0.78	-0.74	-0.79	-0.57	-0.27	-0.77	-0.77	-0.61	-0.41	0.57	-0.82	-0.63	-0.63	0.57	-0.82	0.84		-0.77
Other Stockholder Equity	0.97	1.0	0.99	0.57	0.99	0.83	0.83	0.47	0.57	0.5	0.99	0.47	-0.16	0.99	0.99	0.83	0.85	-0.52	0.58	0.95	0.93	-0.52	0.73	-0.95	-0.77

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CareTrust REIT Account Relationship Matchups

CareTrust REIT fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	95.2M	96.1M	96.7M	106.2M	155.2M	162.9M
Total Assets	1.5B	1.6B	1.6B	2.1B	3.4B	3.6B
Total Stockholder Equity	914.1M	915.8M	849.4M	1.4B	2.9B	3.1B
Accounts Payable	19.6M	25.4M	24.4M	34.0M	56.3M	59.1M
Cash	18.9M	19.9M	13.2M	294.4M	213.8M	224.5M
Other Assets	2.0M	1.6B	12.3M	8.3M	3.1B	3.3B
Long Term Debt	495.6M	199.1M	594.5M	595.6M	396.9M	418.3M
Total Liab	589.4M	725.1M	771.4M	666.1M	507.6M	566.9M
Short Long Term Debt Total	545.6M	673.4M	719.5M	595.6M	396.9M	549.6M
Other Current Liab	24.3M	26.3M	27.6M	36.5M	54.4M	57.1M
Total Current Liabilities	93.8M	131.7M	176.9M	70.5M	110.7M	110.2M
Net Debt	526.7M	653.5M	706.3M	301.2M	183.1M	173.9M
Non Current Assets Total	1.5B	1.6B	1.6B	1.8B	3.1B	3.2B
Non Currrent Assets Other	1.5B	1.6B	1.6B	1.8B	3.1B	3.2B
Cash And Short Term Investments	18.9M	19.9M	13.2M	294.4M	213.8M	224.5M
Net Receivables	1.8M	2.4M	416K	395K	97.2M	102.0M
Common Stock Total Equity	951K	952K	963K	990K	891K	846.5K
Liabilities And Stockholders Equity	1.5B	1.6B	1.6B	2.1B	3.4B	3.6B
Non Current Liabilities Total	495.6M	593.4M	594.5M	595.6M	396.9M	484.3M
Other Current Assets	17.7M	12.3M	12.3M	15.0M	57.3M	60.1M
Total Current Assets	38.4M	34.7M	25.9M	309.9M	368.3M	386.7M
Accumulated Other Comprehensive Income	(251.2M)	(282.0M)	(397.0M)	(467.6M)	(420.9M)	(399.8M)
Common Stock	952K	963K	990K	1.3M	1.9M	1.8M
Net Tangible Assets	927.6M	914.1M	915.8M	849.4M	976.8M	708.6M
Retained Earnings	(251.2M)	(282.0M)	(397.0M)	(467.6M)	(532.6M)	(505.9M)
Retained Earnings Total Equity	(236.4M)	(251.2M)	(282.0M)	(397.0M)	(357.3M)	(339.4M)
Other Stockholder Equity	1.2B	1.2B	1.2B	1.9B	2.9B	3.1B
Deferred Long Term Liab	3.0M	2.0M	1.1M	5.4M	6.2M	6.6M
Short Long Term Debt	60M	50M	80M	125M	112.5M	192.3M
Short Term Debt	50M	80M	125M	595.6M	684.9M	719.2M
Intangible Assets	2.4M	1.3M	2.8M	5.3M	4.4M	2.4M
Property Plant Equipment	1.4B	1.5B	1.6B	1.4B	1.6B	1.1B
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	1.6B	1.6B	2.0B	3.3B	1.9B
Net Working Capital	(55.4M)	(97.0M)	(139.3M)	239.3M	257.6M	270.4M
Capital Stock	952K	963K	990K	1.3M	1.9M	1.2M

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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:

How To Invest In CareTrust

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Is CareTrust Stock a good investment?

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What is CareTrust REIT's Net Worth?

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Largest Diversified REITs Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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

0.322

Dividend Share

1.16

Earnings Share

0.8

Revenue Per Share

1.914

Quarterly Revenue Growth

0.456

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.

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CareTrust Net Debt vs Net Receivables Analysis

Net Debt vs Net Receivables

Net Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Debt

Net Receivables

CareTrust REIT fundamental ratios Correlations

CareTrust REIT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CareTrust REIT fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity

Retained Earnings	- 0.96	Other Current Liab
Other Stockholder Equity	- 0.95	Retained Earnings
Retained Earnings	- 0.94	Accounts Payable
Retained Earnings	- 0.94	Total Assets
Retained Earnings	- 0.93	Non Currrent Assets Other
Retained Earnings	- 0.93	Non Current Assets Total