CareTrust Cost Of Revenue vs Net Interest Income Analysis

CTRE Stock

USD 25.31 0.38 1.52%

CareTrust REIT financial indicator trend analysis is way more than just evaluating CareTrust REIT prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CareTrust REIT is a good investment. Please check the relationship between CareTrust REIT Cost Of Revenue and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

Cost Of Revenue vs Net Interest Income

Cost Of Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CareTrust REIT Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between CareTrust REIT's Cost Of Revenue and Net Interest Income is -0.56. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of CareTrust REIT, assuming nothing else is changed. The correlation between historical values of CareTrust REIT's Cost Of Revenue and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of CareTrust REIT are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., CareTrust REIT's Cost Of Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cost Of Revenue

Cost of Revenue is found on CareTrust REIT income statement and represents the costs associated with goods and services CareTrust REIT provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from CareTrust REIT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CareTrust REIT 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 CareTrust REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.At present, CareTrust REIT's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 17.60, whereas Selling General Administrative is forecasted to decline to about 14.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	23.7M	30.0M	40.9M	26.9M
Depreciation And Amortization	55.4M	50.4M	50.9M	43.1M

Interest Expense Depreciation And Amortization

CareTrust REIT fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Total Liab	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Other Current Assets	Total Current Assets	Common Stock	Net Tangible Assets	Retained Earnings	Retained Earnings Total Equity	Other Stockholder Equity
Common Stock Shares Outstanding		0.99	0.84	0.94	0.91	0.36	0.44	0.66	0.94	0.93	0.93	0.76	0.75	0.99	0.99	0.36	0.26	-0.73	0.92	-0.29	0.43	-0.73	0.99	-0.74	-0.8	0.95
Total Assets	0.99		0.89	0.92	0.95	0.49	0.55	0.68	0.93	0.92	0.97	0.7	0.68	0.99	0.99	0.49	0.18	-0.72	0.95	-0.42	0.55	-0.72	0.98	-0.82	-0.83	0.99
Total Stockholder Equity	0.84	0.89		0.71	0.84	0.77	0.75	0.61	0.79	0.8	0.88	0.57	0.55	0.89	0.89	0.77	0.05	-0.61	0.85	-0.71	0.82	-0.61	0.88	-0.92	-0.83	0.92
Other Liab	0.94	0.92	0.71		0.87	0.25	0.3	0.7	0.92	0.9	0.85	0.81	0.73	0.91	0.91	0.25	0.46	-0.86	0.85	-0.18	0.32	-0.86	0.91	-0.59	-0.67	0.86
Accounts Payable	0.91	0.95	0.84	0.87		0.55	0.64	0.72	0.92	0.9	0.97	0.65	0.61	0.93	0.94	0.55	0.12	-0.73	0.95	-0.5	0.58	-0.73	0.88	-0.84	-0.8	0.95
Cash	0.36	0.49	0.77	0.25	0.55		0.83	0.43	0.35	0.35	0.55	0.1	0.0	0.45	0.45	1.0	-0.19	-0.31	0.47	-0.99	0.99	-0.3	0.41	-0.8	-0.53	0.59
Other Assets	0.44	0.55	0.75	0.3	0.64	0.83		0.18	0.46	0.48	0.61	0.17	0.19	0.53	0.54	0.83	-0.22	-0.3	0.6	-0.82	0.82	-0.3	0.48	-0.76	-0.55	0.61
Long Term Debt	0.66	0.68	0.61	0.7	0.72	0.43	0.18		0.67	0.65	0.68	0.62	0.44	0.66	0.66	0.43	0.24	-0.59	0.6	-0.38	0.44	-0.59	0.63	-0.64	-0.67	0.68
Total Liab	0.94	0.93	0.79	0.92	0.92	0.35	0.46	0.67		0.99	0.89	0.84	0.86	0.95	0.95	0.34	0.23	-0.83	0.95	-0.27	0.4	-0.83	0.93	-0.76	-0.81	0.88
Short Long Term Debt Total	0.93	0.92	0.8	0.9	0.9	0.35	0.48	0.65	0.99		0.88	0.86	0.89	0.95	0.95	0.35	0.21	-0.81	0.95	-0.27	0.4	-0.81	0.92	-0.77	-0.82	0.87
Other Current Liab	0.93	0.97	0.88	0.85	0.97	0.55	0.61	0.68	0.89	0.88		0.57	0.6	0.95	0.96	0.55	0.04	-0.66	0.96	-0.49	0.61	-0.66	0.93	-0.87	-0.84	0.98
Total Current Liabilities	0.76	0.7	0.57	0.81	0.65	0.1	0.17	0.62	0.84	0.86	0.57		0.88	0.75	0.75	0.1	0.49	-0.73	0.66	-0.03	0.14	-0.73	0.74	-0.48	-0.58	0.61
Net Debt	0.75	0.68	0.55	0.73	0.61	0.0	0.19	0.44	0.86	0.89	0.6	0.88		0.75	0.75	0.0	0.27	-0.71	0.75	0.09	0.06	-0.71	0.75	-0.49	-0.65	0.58
Non Current Assets Total	0.99	0.99	0.89	0.91	0.93	0.45	0.53	0.66	0.95	0.95	0.95	0.75	0.75		1.0	0.45	0.2	-0.72	0.95	-0.37	0.51	-0.72	0.99	-0.81	-0.84	0.97
Non Currrent Assets Other	0.99	0.99	0.89	0.91	0.94	0.45	0.54	0.66	0.95	0.95	0.96	0.75	0.75	1.0		0.45	0.19	-0.72	0.95	-0.38	0.51	-0.72	0.99	-0.82	-0.84	0.97
Cash And Short Term Investments	0.36	0.49	0.77	0.25	0.55	1.0	0.83	0.43	0.34	0.35	0.55	0.1	0.0	0.45	0.45		-0.19	-0.31	0.47	-0.99	0.99	-0.3	0.41	-0.8	-0.52	0.59
Net Receivables	0.26	0.18	0.05	0.46	0.12	-0.19	-0.22	0.24	0.23	0.21	0.04	0.49	0.27	0.2	0.19	-0.19		-0.47	0.02	0.26	-0.16	-0.47	0.26	0.19	0.06	0.11
Common Stock Total Equity	-0.73	-0.72	-0.61	-0.86	-0.73	-0.31	-0.3	-0.59	-0.83	-0.81	-0.66	-0.73	-0.71	-0.72	-0.72	-0.31	-0.47		-0.74	0.21	-0.36	1.0	-0.72	0.51	0.56	-0.66
Non Current Liabilities Total	0.92	0.95	0.85	0.85	0.95	0.47	0.6	0.6	0.95	0.95	0.96	0.66	0.75	0.95	0.95	0.47	0.02	-0.74		-0.4	0.52	-0.74	0.92	-0.85	-0.86	0.93
Other Current Assets	-0.29	-0.42	-0.71	-0.18	-0.5	-0.99	-0.82	-0.38	-0.27	-0.27	-0.49	-0.03	0.09	-0.37	-0.38	-0.99	0.26	0.21	-0.4		-0.97	0.21	-0.33	0.76	0.46	-0.53
Total Current Assets	0.43	0.55	0.82	0.32	0.58	0.99	0.82	0.44	0.4	0.4	0.61	0.14	0.06	0.51	0.51	0.99	-0.16	-0.36	0.52	-0.97		-0.36	0.48	-0.82	-0.57	0.65
Common Stock	-0.73	-0.72	-0.61	-0.86	-0.73	-0.3	-0.3	-0.59	-0.83	-0.81	-0.66	-0.73	-0.71	-0.72	-0.72	-0.3	-0.47	1.0	-0.74	0.21	-0.36		-0.72	0.51	0.56	-0.66
Net Tangible Assets	0.99	0.98	0.88	0.91	0.88	0.41	0.48	0.63	0.93	0.92	0.93	0.74	0.75	0.99	0.99	0.41	0.26	-0.72	0.92	-0.33	0.48	-0.72		-0.76	-0.82	0.95
Retained Earnings	-0.74	-0.82	-0.92	-0.59	-0.84	-0.8	-0.76	-0.64	-0.76	-0.77	-0.87	-0.48	-0.49	-0.81	-0.82	-0.8	0.19	0.51	-0.85	0.76	-0.82	0.51	-0.76		0.85	-0.87
Retained Earnings Total Equity	-0.8	-0.83	-0.83	-0.67	-0.8	-0.53	-0.55	-0.67	-0.81	-0.82	-0.84	-0.58	-0.65	-0.84	-0.84	-0.52	0.06	0.56	-0.86	0.46	-0.57	0.56	-0.82	0.85		-0.83
Other Stockholder Equity	0.95	0.99	0.92	0.86	0.95	0.59	0.61	0.68	0.88	0.87	0.98	0.61	0.58	0.97	0.97	0.59	0.11	-0.66	0.93	-0.53	0.65	-0.66	0.95	-0.87	-0.83

Click cells to compare fundamentals

CareTrust REIT Account Relationship Matchups

CareTrust REIT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	93.1M	95.2M	96.1M	96.7M	106.2M	66.3M
Total Assets	1.5B	1.5B	1.6B	1.6B	2.1B	1.3B
Total Stockholder Equity	927.6M	914.1M	915.8M	849.4M	1.4B	1.5B
Accounts Payable	15.0M	19.6M	25.4M	24.4M	34.0M	17.7M
Cash	20.3M	18.9M	19.9M	13.2M	294.4M	309.2M
Other Assets	3.0M	2.0M	1.6B	12.3M	1.8B	1.9B
Long Term Debt	295.9M	495.6M	199.1M	594.5M	595.6M	416.8M
Total Liab	591.3M	589.4M	725.1M	771.4M	666.1M	567.6M
Short Long Term Debt Total	554.6M	545.6M	673.4M	719.5M	595.6M	559.9M
Other Current Liab	21.7M	24.3M	26.3M	27.6M	36.5M	20.4M
Total Current Liabilities	96.6M	93.8M	131.7M	176.9M	70.5M	109.2M
Net Debt	534.3M	526.7M	653.5M	706.3M	301.2M	514.3M
Non Current Assets Total	1.5B	1.5B	1.6B	1.6B	1.8B	1.3B
Non Currrent Assets Other	1.4B	1.5B	1.6B	1.6B	1.8B	1.3B
Cash And Short Term Investments	20.3M	18.9M	19.9M	13.2M	294.4M	309.2M
Net Receivables	2.6M	1.8M	2.4M	416K	395K	375.3K
Common Stock Total Equity	951K	952K	963K	990K	891K	846.5K
Liabilities And Stockholders Equity	1.5B	1.5B	1.6B	1.6B	2.1B	1.3B
Non Current Liabilities Total	494.6M	495.6M	593.4M	594.5M	595.6M	488.6M
Other Current Assets	10.9M	10.5M	7.5M	11.7M	(294.8M)	(280.1M)
Total Current Assets	68.3M	38.4M	34.7M	25.9M	309.9M	325.3M
Common Stock	951K	952K	963K	990K	1.3M	1.2M
Net Tangible Assets	927.6M	914.1M	915.8M	849.4M	976.8M	708.6M
Retained Earnings	(236.4M)	(251.2M)	(282.0M)	(397.0M)	(467.6M)	(444.2M)
Retained Earnings Total Equity	(236.4M)	(251.2M)	(282.0M)	(397.0M)	(357.3M)	(339.4M)
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.9B	1.1B
Deferred Long Term Liab	3.0M	2.0M	1.1M	5.4M	6.2M	6.6M
Short Long Term Debt	60M	50M	80M	125M	112.5M	192.3M
Short Term Debt	60M	50M	80M	125M	112.5M	94.7M
Intangible Assets	1.7M	2.4M	1.3M	2.8M	5.3M	5.5M
Property Plant Equipment	1.4B	1.5B	1.6B	1.4B	1.6B	1.1B
Long Term Debt Total	295.9M	495.6M	199.1M	594.5M	683.7M	369.1M
Capital Surpluse	1.2B	1.2B	1.2B	1.2B	1.4B	1.0B
Net Invested Capital	1.5B	1.5B	1.6B	1.6B	2.0B	1.7B
Net Working Capital	(28.3M)	(55.4M)	(97.0M)	(139.3M)	239.3M	251.3M
Capital Stock	951K	952K	963K	990K	1.3M	1.1M

Pair Trading with CareTrust REIT

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 CareTrust REIT 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 CareTrust REIT will appreciate offsetting losses from the drop in the long position's value.

Moving against CareTrust Stock

0.84	ROIC	Retail Opportunity	Pair Corr
0.75	DOUG	Douglas Elliman Earnings Call This Week	Pair Corr
0.72	ELS	Equity Lifestyle Pro Financial Report 15th of July 2024	Pair Corr
0.63	KW	Kennedy Wilson Holdings Earnings Call This Week	Pair Corr
0.63	ADC-PA	Agree Realty	Pair Corr

The ability to find closely correlated positions to CareTrust REIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CareTrust REIT 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 CareTrust REIT - 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 CareTrust REIT to buy it.

The correlation of CareTrust REIT 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 CareTrust REIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CareTrust REIT 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 CareTrust REIT 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.

Pair Correlation Correlation Matching

When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:

How To Invest In CareTrust

Details

Is CareTrust Stock a good investment?

Details

What is CareTrust REIT's Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CareTrust REIT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

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 CareTrust Stock analysis

When running CareTrust REIT's price analysis, check to measure CareTrust REIT'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 CareTrust REIT is operating at the current time. Most of CareTrust REIT's value examination focuses on studying past and present price action to predict the probability of CareTrust REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CareTrust REIT's price. Additionally, you may evaluate how the addition of CareTrust REIT to your portfolios can decrease your overall portfolio volatility.

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Is CareTrust REIT'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 CareTrust REIT. If investors know CareTrust 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 CareTrust REIT 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

0.449

Dividend Share

1.12

Earnings Share

0.51

Revenue Per Share

2.055

Quarterly Revenue Growth

0.153

The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT'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 CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT'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 CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT'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.

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CareTrust Cost Of Revenue vs Net Interest Income Analysis

Cost Of Revenue vs Net Interest Income

Cost Of Revenue vs Net Interest Income Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Net Interest Income

CareTrust REIT fundamental ratios Correlations

CareTrust REIT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CareTrust REIT fundamental ratios Accounts

Pair Trading with CareTrust REIT

Moving against CareTrust Stock

Complementary Tools for CareTrust Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Currrent Assets Other	+ 1.0	Non Current Assets Total
Common Stock	+ 1.0	Common Stock Total Equity
Total Assets	+ 0.99	Common Stock Shares Outstanding
Non Current Assets Total	+ 0.99	Common Stock Shares Outstanding
Non Currrent Assets Other	+ 0.99	Common Stock Shares Outstanding

Other Current Assets	- 0.99	Cash And Short Term Investments
Other Current Assets	- 0.99	Cash
Total Current Assets	- 0.97	Other Current Assets
Retained Earnings	- 0.92	Total Stockholder Equity
Other Stockholder Equity	- 0.87	Retained Earnings
Retained Earnings	- 0.87	Other Current Liab