Community Healthcare Trust Inc (CHCT)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 513,256 | 522,294 | 505,325 | 494,515 | 496,814 | 478,486 | 472,962 | 471,114 | 462,112 | 461,671 | 457,056 | 450,086 | 429,916 | 409,621 | 387,103 | 367,775 | 353,411 | 300,947 | 279,120 | 269,683 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $513,256K
= 0.00
The debt-to-equity ratio of Community Healthcare Trust Inc has shown a gradual increasing trend over the past eight quarters, starting at 0.58 in Q1 2022 and peaking at 0.79 in Q4 2023. This indicates that the company has been relying more on debt financing relative to equity financing during this period.
The increasing ratio suggests that the company has been taking on more debt to fund its operations or expansion activities. While a moderate increase in the ratio may not be alarming, investors and creditors may closely monitor this trend to ensure that the company's debt levels remain sustainable.
Overall, the trend in the debt-to-equity ratio of Community Healthcare Trust Inc indicates a shift towards a higher debt burden compared to equity, highlighting the importance of closely monitoring the company's financial leverage and its ability to service its debt obligations.
Peer comparison
Dec 31, 2023