CareTrust Selling General Administrative vs Ebitda Analysis
CTRE Stock | USD 30.37 0.40 1.30% |
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 Selling General Administrative and its Ebitda 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.
Selling General Administrative vs Ebitda
Selling General Administrative vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareTrust REIT Selling General Administrative account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CareTrust REIT's Selling General Administrative and Ebitda is 0.91. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebitda 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 Selling General Administrative and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of CareTrust REIT are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Selling General Administrative i.e., CareTrust REIT's Selling General Administrative and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Selling General Administrative
Ebitda
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 19.84, 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 |
CareTrust REIT fundamental ratios Correlations
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CareTrust REIT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 1.8B | 1.9B | |
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 | 23.3M | 24.5M | |
Total Current Assets | 68.3M | 38.4M | 34.7M | 25.9M | 318.1M | 334.0M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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: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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.