Community Healthcare Trust Inc (CHCT)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 513,256 | 496,814 | 462,112 | 429,916 | 353,411 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $513,256K)
= 0.00
The debt-to-capital ratio of Community Healthcare Trust Inc has exhibited an upward trend over the past five years, indicating an increasing reliance on debt financing in relation to the company's total capital structure. The ratio has increased from 0.35 in 2019 to 0.44 in 2023. This suggests that the proportion of the company's capital attributable to debt has risen steadily during this period. It is worth noting that a higher debt-to-capital ratio may indicate a higher level of financial risk, as the company is more leveraged and may face challenges in servicing its debt obligations. It would be prudent for investors and stakeholders to closely monitor this ratio and assess the company's ability to manage its debt levels effectively.
Peer comparison
Dec 31, 2023