Community Healthcare Trust Inc (CHCT)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $945,412K
= 0.00
Community Healthcare Trust Inc's debt-to-assets ratio has been relatively stable over the past eight quarters, ranging from 0.36 to 0.43. This ratio indicates that the company finances approximately 36% to 43% of its assets with debt, with the remaining portion funded by equity.
The increase in the ratio from Q2 2022 to Q4 2023 suggests that the company may have taken on more debt relative to its assets during this period. However, it is important to note that the ratio has not deviated significantly from its historical range, indicating a consistent approach to capital structure management.
Overall, the trend in Community Healthcare Trust Inc's debt-to-assets ratio shows a moderate reliance on debt financing to support its asset base, which may impact its overall financial risk profile and leverage level. It would be beneficial for investors and stakeholders to monitor future changes in this ratio to assess the company's financial health and leverage position.
Peer comparison
Dec 31, 2023