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Community Healthcare Trust (Community Healthcare Trust) Return-on-Tangible-Equity : 3.55% (As of Dec. 2023)


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What is Community Healthcare Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Community Healthcare Trust's annualized net income for the quarter that ended in Dec. 2023 was $18.3 Mil. Community Healthcare Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $515.0 Mil. Therefore, Community Healthcare Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 3.55%.

The historical rank and industry rank for Community Healthcare Trust's Return-on-Tangible-Equity or its related term are showing as below:

CHCT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.38   Med: 1.72   Max: 5.05
Current: 1.53

During the past 10 years, Community Healthcare Trust's highest Return-on-Tangible-Equity was 5.05%. The lowest was -2.38%. And the median was 1.72%.

CHCT's Return-on-Tangible-Equity is ranked worse than
65.29% of 798 companies
in the REITs industry
Industry Median: 4.535 vs CHCT: 1.53

Community Healthcare Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Community Healthcare Trust's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community Healthcare Trust Return-on-Tangible-Equity Chart

Community Healthcare Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 4.88 5.05 4.61 1.54

Community Healthcare Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 -5.61 5.29 2.73 3.55

Competitive Comparison of Community Healthcare Trust's Return-on-Tangible-Equity

For the REIT - Healthcare Facilities subindustry, Community Healthcare Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Healthcare Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Community Healthcare Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Community Healthcare Trust's Return-on-Tangible-Equity falls into.



Community Healthcare Trust Return-on-Tangible-Equity Calculation

Community Healthcare Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=7.714/( (494.415+510.611 )/ 2 )
=7.714/502.513
=1.54 %

Community Healthcare Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=18.268/( (519.441+510.611)/ 2 )
=18.268/515.026
=3.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Community Healthcare Trust  (NYSE:CHCT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Community Healthcare Trust Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Community Healthcare Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Community Healthcare Trust (Community Healthcare Trust) Business Description

Traded in Other Exchanges
Address
3326 Aspen Grove Drive, Suite 150, Franklin, TN, USA, 37067
Community Healthcare Trust Inc is an integrated healthcare real estate company in the United States. The company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. The company derives majority of its revenues from its real estate property and mortgage notes portfolio. The company's rental and mortgage interest income is recognized based on contractual arrangements with its tenants and borrowers.
Executives
Monroe William G. Iv officer: Chief Financial Officer 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Timothy L. Meyer officer: EVP - Asset Management 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Cathrine Cotman director 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Robert Z Hensley director C/O 1621 GALLERY BLVD., BRENTWOOD TN 37027
Claire M Gulmi director
W. Page Barnes officer: Executive VP & CFO 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Van Horn R. Lawrence director 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
David H. Dupuy officer: Executive Vice President & CFO 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
Leigh Ann Stach officer: VP Financial Reporting & CAO 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Timothy G Wallace director, officer: Chairman, CEO and President
Alfred Lumsdaine director 3841 GREEN HILLS VILLAGE DR, NASHVILLE TN 37215
Alan Gardner director 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067
Athena Funding Partners, Llc 10 percent owner 354 COOL SPRINGS BLVD., SUITE 106, FRANKLIN TN 37067