Ltc Properties (LTC) Non Operating Interest Expenses (2010 - 2024)
Ltc Properties' (LTC) quarterly Non Operating Interest Expenses came in at $11.0 million in Q1 2024, up 4.11% year-over-year from $10.6 million in Q2 2023, and down 11.06% quarter-over-quarter from $12.4 million in Q4 2023.
Analysis
Ltc Properties (LTC) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Ltc Properties has disclosed Non Operating Interest Expenses across 15 years of filings, most recently posting $11.0 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 4.11% year-over-year to $11.0 million; the TTM figure through Mar 2024 stood at $47.4 million (up 35.95% YoY), while the FY2023 annual figure was $47.0 million, up 49.55% from the prior year.
- Non Operating Interest Expenses came in at $11.0 million for Q1 2024 at Ltc Properties, down from $12.4 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $12.7 million in Q3 2023 to a low of $6.6 million in Q3 2021.
- Average Non Operating Interest Expenses over 5 years is $8.6 million, with a median of $7.5 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses slipped 10.2% in 2021 and surged 59.6% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $7.1 million in 2020, then dropped by 2.19% to $6.9 million in 2021, then gained by 27.36% to $8.8 million in 2022, then surged by 40.65% to $12.4 million in 2023, then slipped by 11.06% to $11.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $11.0 million in Q1 2024, $12.4 million in Q4 2023, and $12.7 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.67 Bn | 165.71 Bn | 1.39 Bn | 56.93 Mn |
| 2 | Ventas | 43.73 Bn | 43.53 Bn | 1.73 Bn | 160.03 Mn |
| 3 | Omega Healthcare Investors | 14.11 Bn | 14.11 Bn | - | 48.12 Mn |
| 4 | Healthpeak Properties | 14.09 Bn | 14.09 Bn | - | 92.28 Mn |
| 5 | American Healthcare REIT | 10.39 Bn | 10.19 Bn | 149.41 Mn | 18.63 Mn |
| 6 | CareTrust REIT | 9.12 Bn | 9.12 Bn | - | 15.32 Mn |
| 7 | Healthcare Realty Trust | 6.48 Bn | 6.48 Bn | - | 45.15 Mn |
| 8 | Sabra Health Care REIT | 5.25 Bn | 5.25 Bn | - | 29.80 Mn |
| 9 | Diversified Healthcare Trust | 4.46 Bn | 4.34 Bn | 298.67 Mn | 37.08 Mn |
| 10 | Ltc Properties | 2.21 Bn | 2.21 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 11.05 Mn |
| Dec 31, 2023 | 12.42 Mn |
| Sep 30, 2023 | 12.67 Mn |
| Jun 30, 2023 | 11.31 Mn |
| Mar 31, 2023 | 10.61 Mn |
| Dec 31, 2022 | 8.83 Mn |
| Sep 30, 2022 | 7.94 Mn |
| Jun 30, 2022 | 7.52 Mn |
| Mar 31, 2022 | 7.14 Mn |
| Dec 31, 2021 | 6.93 Mn |
| Sep 30, 2021 | 6.61 Mn |
| Jun 30, 2021 | 6.86 Mn |
| Mar 31, 2021 | 6.97 Mn |
| Dec 31, 2020 | 7.09 Mn |
| Sep 30, 2020 | 7.36 Mn |
| Jun 30, 2020 | 7.55 Mn |
| Mar 31, 2020 | 7.71 Mn |
| Dec 31, 2019 | 7.58 Mn |
| Sep 30, 2019 | 7.83 Mn |
| Jun 30, 2019 | 7.71 Mn |