Community Healthcare Trust Inc (CHCT)

Operating return on assets (Operating ROA)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	-42,030	-41,352	-37,927	-38,326	-13,309	-11,816	-11,599	-10,231	-9,607	-9,417	-7,815	-6,815	-6,222	1,802	335	-1,473	-3,260	-6,089	-6,121	-5,666
Total assets	US$ in thousands	945,412	955,126	900,466	886,294	876,425	811,929	786,034	761,230	754,233	747,592	745,467	735,311	668,402	615,672	612,304	596,754	562,531	533,072	490,500	456,730
Operating ROA		-4.45%	-4.33%	-4.21%	-4.32%	-1.52%	-1.46%	-1.48%	-1.34%	-1.27%	-1.26%	-1.05%	-0.93%	-0.93%	0.29%	0.05%	-0.25%	-0.58%	-1.14%	-1.25%	-1.24%

December 31, 2023 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $-42,030K ÷ $945,412K
= -4.45%

Community Healthcare Trust Inc's operating return on assets (ROA) has shown a gradual decline over the quarters, dropping from 4.40% in Q1 2022 to 2.66% in Q4 2023. This suggests that the company's ability to generate operating profit from its assets has weakened over time. The highest operating ROA was recorded in Q2 2022 at 4.24%, but it has been on a downward trend since then. It is crucial for the company to closely monitor and address the factors contributing to this decline in operating ROA to ensure sustainable profitability and efficient asset utilization in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Operating ROA

Community Healthcare Trust Inc

CHCT

-4.45%