Community Healthcare Trust (CHCT) Interest Coverage Ratio (2018 - 2023)
Community Healthcare Trust's (CHCT) quarterly Interest Coverage Ratio came in at 1.11 in Q3 2023, down 1.22% YoY from 1.12 in Q3 2022, and down 15.23% on a QoQ basis from 1.31 in Q2 2023.
Community Healthcare Trust (CHCT) Interest Coverage Ratio (2018 - 2023) Analysis & Trends
Community Healthcare Trust (CHCT) has 6 years of Interest Coverage Ratio data on file, last reported at 1.11 in Q3 2023.
- Quarterly Interest Coverage Ratio fell 1.22% year-over-year to 1.11 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was 3.19 (down 32.58% YoY) and the FY2022 annual result came in at 2.85, down 8.62% from the prior year.
- Interest Coverage Ratio slipped to 1.11 in Q3 2023, from 1.31 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 5.98 in Q4 2019 to a low of 0.38 in Q1 2023.
- A 5-year average of 2.26 and a median of 1.33 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio jumped 257.2% — and 2023, when it tumbled 128.6%.
- Tracing CHCT's Interest Coverage Ratio over 5 years: stood at 5.98 in 2019, then fell by 26.18% to 4.41 in 2020, then declined by 6.42% to 4.13 in 2021, then sank by 39.03% to 2.52 in 2022, then plunged by 55.86% to 1.11 in 2023.
- The last three Interest Coverage Ratio figures came in at 1.11 (Q3 2023), 1.31 (Q2 2023), and 0.38 (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 168.28 Bn | 166.31 Bn | 1.39 Bn | -32.14 |
| 2 | Ventas | 45.36 Bn | 45.17 Bn | 1.73 Bn | 0.31 |
| 3 | Healthpeak Properties | 14.65 Bn | 14.65 Bn | - | 170.51 |
| 4 | Omega Healthcare Investors | 13.98 Bn | 13.98 Bn | - | 6.88 |
| 5 | American Healthcare REIT | 10.76 Bn | 10.56 Bn | 149.41 Mn | -25.90 |
| 6 | CareTrust REIT | 9.30 Bn | 9.30 Bn | - | 6.92 |
| 7 | Healthcare Realty Trust | 6.66 Bn | 6.66 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.18 Bn | 5.18 Bn | - | 0.10 |
| 9 | Diversified Healthcare Trust | 4.52 Bn | 4.40 Bn | 298.67 Mn | -1.81 |
| 10 | Community Healthcare Trust | 400.92 Mn | 400.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 1.11 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | -0.38 |
| Dec 31, 2022 | 2.52 |
| Sep 30, 2022 | 1.12 |
| Jun 30, 2022 | 1.36 |
| Mar 31, 2022 | 1.33 |
| Dec 31, 2021 | 4.13 |
| Sep 30, 2021 | 2.32 |
| Jun 30, 2021 | 4.07 |
| Mar 31, 2021 | 4.40 |
| Dec 31, 2020 | 4.41 |
| Sep 30, 2020 | 1.14 |
| Jun 30, 2020 | 1.14 |
| Mar 31, 2020 | 3.82 |
| Dec 31, 2019 | 5.98 |
| Sep 30, 2019 | 1.06 |
| Jun 30, 2019 | 1.05 |
| Mar 31, 2019 | 1.11 |
| Dec 31, 2018 | 2.72 |