Community Net Debt vs Long Term Debt Analysis
CHCT Stock | USD 26.74 0.41 1.56% |
Community Healthcare financial indicator trend analysis is way more than just evaluating Community Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Community Healthcare is a good investment. Please check the relationship between Community Healthcare Net Debt and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Net Debt vs Long Term Debt
Net Debt vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Community Healthcare Net Debt account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Community Healthcare's Net Debt and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Community Healthcare Trust, assuming nothing else is changed. The correlation between historical values of Community Healthcare's Net Debt and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Community Healthcare Trust are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Debt i.e., Community Healthcare's Net Debt and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Long Term Debt
Long-term debt is a debt that Community Healthcare has held for over one year. Long-term debt appears on Community Healthcare Trust balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Community Healthcare Trust balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Community Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Community Healthcare 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 Community Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Community Healthcare's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 321.3 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 44 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 75.4M | 81.0M | 92.1M | 51.6M | Total Revenue | 90.6M | 97.7M | 112.8M | 63.4M |
Community Healthcare fundamental ratios Correlations
Click cells to compare fundamentals
Community Healthcare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community Healthcare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 562.5M | 668.4M | 754.2M | 876.4M | 945.4M | 551.5M | |
Total Stockholder Equity | 353.4M | 429.9M | 462.1M | 496.8M | 513.3M | 344.0M | |
Net Debt | 192.5M | 210.7M | 263.3M | 341.8M | 403.8M | 424.0M | |
Cash | 1.7M | 2.5M | 2.4M | 11.2M | 3.5M | 3.2M | |
Cash And Short Term Investments | 1.7M | 2.5M | 2.4M | 11.2M | 3.5M | 3.2M | |
Common Stock Total Equity | 214K | 239K | 250K | 259K | 297.9K | 187.9K | |
Common Stock Shares Outstanding | 18.7M | 21.6M | 23.3M | 23.6M | 25.2M | 18.2M | |
Liabilities And Stockholders Equity | 562.5M | 668.4M | 754.2M | 876.4M | 945.4M | 551.5M | |
Total Liab | 209.1M | 238.5M | 292.1M | 379.6M | 432.2M | 453.8M | |
Total Current Assets | 2.0M | 31.9M | 2.9M | 12.1M | 70.2M | 73.7M | |
Common Stock | 214K | 239K | 250K | 259K | 276K | 199.4K | |
Short Long Term Debt Total | 194.2M | 213.2M | 265.6M | 353.0M | 407.3M | 213.0M | |
Other Current Liab | (15M) | 8.3M | (12M) | 183K | 17.4M | 18.3M | |
Total Current Liabilities | 3.6M | 41.3M | 7.8M | 11.4M | 67.4M | 70.8M | |
Other Liab | 6.4M | 20.4M | 18.7M | 11.2M | 12.8M | 9.8M | |
Net Tangible Assets | 353.4M | 429.9M | 462.1M | 496.8M | 571.3M | 359.4M | |
Retained Earnings | (89.9M) | (108.9M) | (128.8M) | (151.2M) | 88.9M | 93.3M | |
Accounts Payable | 3.6M | 5.7M | 7.8M | 11.4M | 12.0M | 6.4M | |
Non Current Assets Total | 560.5M | 636.5M | 751.4M | 864.4M | 875.2M | 587.4M | |
Non Currrent Assets Other | 35.2M | 1.6M | 50.3M | 835.7M | 869.3M | 912.8M | |
Other Assets | 1.7M | 14.5M | 15.4M | 39.9M | 45.9M | 48.2M | |
Long Term Debt | 194.2M | 212.4M | 265.6M | 353.0M | 353.3M | 206.3M | |
Net Receivables | 31.8M | 28.4M | 43.1M | 53.8M | 56.9M | 35.9M | |
Retained Earnings Total Equity | (107.5M) | (145.5M) | (187.9M) | (232.4M) | (209.2M) | (198.7M) | |
Long Term Debt Total | 194.2M | 212.4M | 265.6M | 353.0M | 405.9M | 426.2M | |
Non Current Liabilities Total | 205.5M | 197.1M | 284.3M | 368.2M | 364.7M | 207.9M | |
Capital Surpluse | 447.9M | 550.4M | 595.6M | 625.1M | 718.9M | 443.1M | |
Other Current Assets | (33.8M) | (31.3M) | (46.0M) | (65.9M) | (61.6M) | (58.5M) | |
Other Stockholder Equity | 447.9M | 550.4M | 595.6M | 625.1M | 496.6M | 454.5M | |
Deferred Long Term Liab | 693K | 479K | 896K | 683K | 614.7K | 540.3K | |
Short Long Term Debt | 4.8M | 33M | 12M | 50M | 45M | 26.1M | |
Accumulated Other Comprehensive Income | (4.8M) | (11.8M) | (5.0M) | 22.7M | (264.0M) | (250.8M) | |
Non Current Liabilities Other | 11.3M | 20.4M | 18.7M | 7.3M | 7.4M | 9.7M | |
Short Term Debt | 15M | 33M | 12M | 141K | 50M | 28.0M | |
Intangible Assets | 144K | 617K | 611K | 2.4M | 2.6M | 2.5M | |
Property Plant Equipment | 525.3M | 632.5M | 701.0M | 777.8M | 894.5M | 514.3M | |
Net Invested Capital | 547.7M | 642.3M | 727.7M | 849.8M | 916.5M | 704.0M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Community Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Community Healthcare's short interest history, or implied volatility extrapolated from Community Healthcare options trading.
Pair Trading with Community Healthcare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Community Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Community Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving against Community Stock
0.42 | HR | Healthcare Realty Trust Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Community Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Community Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Community Healthcare Trust to buy it.
The correlation of Community Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Community Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Community Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Healthcare Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Community Healthcare information on this page should be used as a complementary analysis to other Community Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Community Stock analysis
When running Community Healthcare's price analysis, check to measure Community Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Community Healthcare is operating at the current time. Most of Community Healthcare's value examination focuses on studying past and present price action to predict the probability of Community Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Community Healthcare's price. Additionally, you may evaluate how the addition of Community Healthcare to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
CEOs Directory Screen CEOs from public companies around the world | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Transaction History View history of all your transactions and understand their impact on performance | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
Is Community Healthcare's industry 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 Community Healthcare. If investors know Community 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 Community Healthcare 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 (0.22) | Dividend Share 1.815 | Earnings Share 0.2 | Revenue Per Share 4.478 | Quarterly Revenue Growth 0.149 |
The market value of Community Healthcare is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Community Healthcare'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 Community Healthcare's market value can be influenced by many factors that don't directly affect Community Healthcare'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 Community Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Healthcare'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.