Community Healthcare Trust (CHCT) Interest Coverage Ratio (2018 - 2023)
Community Healthcare Trust's Interest Coverage Ratio was 2.82 in Q3 2023, down 27.2% from 3.88 a year earlier and down 17.5% from the prior quarter.
Community Healthcare Trust (CHCT) Interest Coverage Ratio (2018 - 2023) Analysis & Trends
On a trailing twelve-month basis, Community Healthcare Trust's Interest Coverage Ratio was 2.49 through Sep 30, 2023, down 38.0% year-over-year; for FY2022, it was 3.85, down 6.5% from FY2021.
- In earlier years, Interest Coverage Ratio was 4.12 in FY2021 (-2.8%), 4.24 in FY2020 (+41.0%), 3.01 in FY2019 (-4.0%) and 3.13 in FY2018 (+14.0%).
- Quarterly Interest Coverage Ratio has moved between 0.27 (Q1 2023) and 4.53 (Q3 2020) over five years.
- Compared with a year earlier, Interest Coverage Ratio has declined for ten straight quarters, with an average decline of 20.8% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2020 (growth of 48.1%); the worst was Q1 2023 (a decline of 93.4%).
- Per Business Quant data, CHCT's Interest Coverage Ratio in the three quarters before Q3 2023 was 3.42 (Q2 2023), 0.27 (Q1 2023) and 3.52 (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | Community Healthcare Trust | 406.33 Mn | 406.33 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 2.82 |
| Jun 30, 2023 | 3.42 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | 3.52 |
| Sep 30, 2022 | 3.88 |
| Jun 30, 2022 | 4.01 |
| Mar 31, 2022 | 4.10 |
| Dec 31, 2021 | 4.13 |
| Sep 30, 2021 | 3.94 |
| Jun 30, 2021 | 4.07 |
| Mar 31, 2021 | 4.40 |
| Dec 31, 2020 | 4.41 |
| Sep 30, 2020 | 4.53 |
| Jun 30, 2020 | 4.22 |
| Mar 31, 2020 | 3.82 |
| Dec 31, 2019 | 3.38 |
| Sep 30, 2019 | 3.06 |
| Jun 30, 2019 | 2.89 |
| Mar 31, 2019 | 2.62 |
| Dec 31, 2018 | 2.72 |
Community Healthcare Trust Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CHCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "CHCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=CHCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();