CareTrust Operating Income vs Interest Expense Analysis

CTRE Stock

USD 28.83 0.01 0.03%

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 Operating Income and its Interest Expense 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.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareTrust REIT Operating Income account and Interest Expense. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CareTrust REIT's Operating Income and Interest Expense is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense 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 Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CareTrust REIT are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., CareTrust REIT's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from CareTrust REIT operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CareTrust REIT is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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. The current year's Enterprise Value Over EBITDA is expected to grow to 20.38, whereas Selling General Administrative is forecasted to decline to about 14.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	23.7M	30.0M	40.9M	26.9M
Depreciation And Amortization	85.8M	83.7M	51.2M	53.0M

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		0.99	0.84	0.94	0.91	0.36	0.3	0.66	0.94	0.93	0.93	0.76	0.75	0.99	0.99	0.36	0.26	-0.73	0.92	0.89	0.43	-0.73	0.99	-0.74	-0.8	0.95
Total Assets	0.99		0.89	0.92	0.95	0.49	0.29	0.68	0.93	0.92	0.97	0.7	0.68	0.99	0.99	0.49	0.18	-0.72	0.95	0.89	0.55	-0.72	0.98	-0.82	-0.83	0.99
Total Stockholder Equity	0.84	0.89		0.71	0.84	0.77	0.18	0.61	0.79	0.8	0.88	0.57	0.55	0.89	0.89	0.77	0.05	-0.61	0.85	0.81	0.82	-0.61	0.88	-0.92	-0.83	0.92
Other Liab	0.94	0.92	0.71		0.87	0.25	0.23	0.7	0.92	0.9	0.85	0.81	0.73	0.91	0.91	0.25	0.46	-0.86	0.85	0.74	0.32	-0.86	0.91	-0.59	-0.67	0.86
Accounts Payable	0.91	0.95	0.84	0.87		0.55	0.34	0.72	0.92	0.9	0.97	0.65	0.61	0.93	0.94	0.55	0.12	-0.73	0.95	0.81	0.58	-0.73	0.88	-0.84	-0.8	0.95
Cash	0.36	0.49	0.77	0.25	0.55		-0.08	0.43	0.35	0.35	0.55	0.1	0.0	0.44	0.45	1.0	-0.19	-0.31	0.47	0.4	0.99	-0.3	0.41	-0.8	-0.53	0.59
Other Assets	0.3	0.29	0.18	0.23	0.34	-0.08		-0.28	0.36	0.37	0.29	0.22	0.42	0.32	0.33	-0.08	0.0	-0.16	0.41	0.28	-0.07	-0.16	0.3	-0.13	-0.22	0.23
Long Term Debt	0.66	0.68	0.61	0.7	0.72	0.43	-0.28		0.67	0.65	0.68	0.62	0.44	0.66	0.66	0.43	0.24	-0.59	0.6	0.55	0.44	-0.59	0.63	-0.64	-0.67	0.68
Total Liab	0.94	0.93	0.79	0.92	0.92	0.35	0.36	0.67		0.99	0.89	0.84	0.86	0.95	0.95	0.34	0.23	-0.83	0.95	0.78	0.4	-0.83	0.93	-0.76	-0.81	0.88
Short Long Term Debt Total	0.93	0.92	0.8	0.9	0.9	0.35	0.37	0.65	0.99		0.88	0.86	0.89	0.95	0.95	0.35	0.21	-0.81	0.95	0.77	0.4	-0.81	0.92	-0.77	-0.82	0.87
Other Current Liab	0.93	0.97	0.88	0.85	0.97	0.55	0.29	0.68	0.89	0.88		0.57	0.6	0.95	0.96	0.55	0.04	-0.66	0.96	0.91	0.61	-0.66	0.93	-0.87	-0.84	0.98
Total Current Liabilities	0.76	0.7	0.57	0.81	0.65	0.1	0.22	0.62	0.84	0.86	0.57		0.88	0.75	0.75	0.1	0.49	-0.73	0.66	0.45	0.14	-0.73	0.74	-0.48	-0.58	0.61
Net Debt	0.75	0.68	0.55	0.73	0.61	0.0	0.42	0.44	0.86	0.89	0.6	0.88		0.75	0.75	0.0	0.27	-0.71	0.75	0.58	0.06	-0.71	0.75	-0.49	-0.65	0.58
Non Current Assets Total	0.99	0.99	0.89	0.91	0.93	0.44	0.32	0.66	0.95	0.95	0.95	0.75	0.75		1.0	0.44	0.2	-0.73	0.95	0.89	0.51	-0.72	0.99	-0.81	-0.84	0.97
Non Currrent Assets Other	0.99	0.99	0.89	0.91	0.94	0.45	0.33	0.66	0.95	0.95	0.96	0.75	0.75	1.0		0.44	0.19	-0.72	0.95	0.89	0.51	-0.72	0.99	-0.81	-0.84	0.97
Cash And Short Term Investments	0.36	0.49	0.77	0.25	0.55	1.0	-0.08	0.43	0.34	0.35	0.55	0.1	0.0	0.44	0.44		-0.19	-0.31	0.47	0.4	0.99	-0.3	0.41	-0.8	-0.52	0.59
Net Receivables	0.26	0.18	0.05	0.46	0.12	-0.19	0.0	0.24	0.23	0.21	0.04	0.49	0.27	0.2	0.19	-0.19		-0.47	0.02	0.01	-0.16	-0.47	0.26	0.19	0.06	0.11
Common Stock Total Equity	-0.73	-0.72	-0.61	-0.86	-0.73	-0.31	-0.16	-0.59	-0.83	-0.81	-0.66	-0.73	-0.71	-0.73	-0.72	-0.31	-0.47		-0.74	-0.54	-0.36	1.0	-0.72	0.51	0.56	-0.66
Non Current Liabilities Total	0.92	0.95	0.85	0.85	0.95	0.47	0.41	0.6	0.95	0.95	0.96	0.66	0.75	0.95	0.95	0.47	0.02	-0.74		0.87	0.52	-0.74	0.92	-0.85	-0.86	0.93
Other Current Assets	0.89	0.89	0.81	0.74	0.81	0.4	0.28	0.55	0.78	0.77	0.91	0.45	0.58	0.89	0.89	0.4	0.01	-0.54	0.87		0.47	-0.54	0.9	-0.75	-0.81	0.89
Total Current Assets	0.43	0.55	0.82	0.32	0.58	0.99	-0.07	0.44	0.4	0.4	0.61	0.14	0.06	0.51	0.51	0.99	-0.16	-0.36	0.52	0.47		-0.36	0.48	-0.82	-0.57	0.65
Common Stock	-0.73	-0.72	-0.61	-0.86	-0.73	-0.3	-0.16	-0.59	-0.83	-0.81	-0.66	-0.73	-0.71	-0.72	-0.72	-0.3	-0.47	1.0	-0.74	-0.54	-0.36		-0.72	0.51	0.56	-0.66
Net Tangible Assets	0.99	0.98	0.88	0.91	0.88	0.41	0.3	0.63	0.93	0.92	0.93	0.74	0.75	0.99	0.99	0.41	0.26	-0.72	0.92	0.9	0.48	-0.72		-0.76	-0.82	0.95
Retained Earnings	-0.74	-0.82	-0.92	-0.59	-0.84	-0.8	-0.13	-0.64	-0.76	-0.77	-0.87	-0.48	-0.49	-0.81	-0.81	-0.8	0.19	0.51	-0.85	-0.75	-0.82	0.51	-0.76		0.85	-0.87
Retained Earnings Total Equity	-0.8	-0.83	-0.83	-0.67	-0.8	-0.53	-0.22	-0.67	-0.81	-0.82	-0.84	-0.58	-0.65	-0.84	-0.84	-0.52	0.06	0.56	-0.86	-0.81	-0.57	0.56	-0.82	0.85		-0.83
Other Stockholder Equity	0.95	0.99	0.92	0.86	0.95	0.59	0.23	0.68	0.88	0.87	0.98	0.61	0.58	0.97	0.97	0.59	0.11	-0.66	0.93	0.89	0.65	-0.66	0.95	-0.87	-0.83

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CareTrust REIT Account Relationship Matchups

CareTrust REIT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	93.1M	95.2M	96.1M	96.7M	106.2M	66.3M
Total Assets	1.5B	1.5B	1.6B	1.6B	2.1B	1.3B
Total Stockholder Equity	927.6M	914.1M	915.8M	849.4M	1.4B	1.5B
Accounts Payable	15.0M	19.6M	25.4M	24.4M	34.0M	17.7M
Cash	20.3M	18.9M	19.9M	13.2M	294.4M	309.2M
Other Assets	3.0M	2.0M	1.6B	12.3M	8.3M	7.9M
Long Term Debt	295.9M	495.6M	199.1M	594.5M	595.6M	416.8M
Total Liab	591.3M	589.4M	725.1M	771.4M	666.1M	567.6M
Short Long Term Debt Total	554.6M	545.6M	673.4M	719.5M	595.6M	559.9M
Other Current Liab	21.7M	24.3M	26.3M	27.6M	36.5M	20.4M
Total Current Liabilities	96.6M	93.8M	131.7M	176.9M	70.5M	109.2M
Net Debt	534.3M	526.7M	653.5M	706.3M	301.2M	514.3M
Non Current Assets Total	1.5B	1.5B	1.6B	1.6B	1.8B	1.3B
Non Currrent Assets Other	1.4B	1.5B	1.6B	1.6B	1.8B	1.3B
Cash And Short Term Investments	20.3M	18.9M	19.9M	13.2M	294.4M	309.2M
Net Receivables	2.6M	1.8M	2.4M	416K	395K	375.3K
Common Stock Total Equity	951K	952K	963K	990K	891K	846.5K
Liabilities And Stockholders Equity	1.5B	1.5B	1.6B	1.6B	2.1B	1.3B
Non Current Liabilities Total	494.6M	495.6M	593.4M	594.5M	595.6M	488.6M
Other Current Assets	10.9M	17.7M	12.3M	12.3M	15.0M	8.3M
Total Current Assets	68.3M	38.4M	34.7M	25.9M	309.9M	325.3M
Common Stock	951K	952K	963K	990K	1.3M	1.2M
Net Tangible Assets	927.6M	914.1M	915.8M	849.4M	976.8M	708.6M
Retained Earnings	(236.4M)	(251.2M)	(282.0M)	(397.0M)	(467.6M)	(444.2M)
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	1.2B	1.9B	1.1B
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	60M	50M	80M	125M	595.6M	625.4M
Intangible Assets	1.7M	2.4M	1.3M	2.8M	5.3M	5.5M
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	1.5B	1.6B	1.6B	2.0B	1.7B
Net Working Capital	(28.3M)	(55.4M)	(97.0M)	(139.3M)	239.3M	251.3M
Capital Stock	951K	952K	963K	990K	1.3M	1.1M

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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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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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.

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CareTrust Operating Income vs Interest Expense Analysis

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

Correlation Coefficient

Operating Income

Interest Expense

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

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
Total Assets	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Common Stock Shares Outstanding
Non Currrent Assets Other	+ 0.99	Common Stock Shares Outstanding

Retained Earnings	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Other Current Liab
Retained Earnings Total Equity	- 0.86	Non Current Liabilities Total
Common Stock	- 0.86	Other Liab
Common Stock Total Equity	- 0.86	Other Liab