Debt to Equity Ratio Analysis of Caretrust Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.420
Period Ending - Dec-22
Good Debt to Equity
0.847
Growth
-50.37 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Good Debt to Equity
0.356
Debt to Equity Analysis of Caretrust Inc
Debt to Equity Ratio 0.420 of Caretrust Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of CTRE drastically fell by -50.37 % this year. |
Debt to Equity Ratio with value of 0.847 was highest in Year Dec-22 in last Five Years. |
Debt to Equity Ratio with value of 0.305 was lowest in Year Dec-21 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.420 is lower than Average Debt to Equity of 0.511 in last five years. |
Other Debt to Equity Related Info of CTRE that may interest you.
Caretrust Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CTRE | 25.57 | 25.45 | 0.472 % | REIT-Healthcare Facilities |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Mild Stability |
FY - Historical Debt to Equity Ratio of Caretrust Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.420 | 0.847 | 0.305 | 0.597 | 0.384 | 0.761 | 1.22 |
Change | -50.37 % | 177.90 % | -48.93 % | 55.55 % | -49.59 % | -37.48 % | 57.24 % |
FY Chart of Debt to Equity Ratio of Caretrust Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)