GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Community Healthcare Trust Inc (NYSE:CHCT) » Definitions » Debt-to-EBITDA

CHCT (Community Healthcare Trust) Debt-to-EBITDA : 6.23 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Community Healthcare Trust Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Community Healthcare Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $125.0 Mil. Community Healthcare Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $352.7 Mil. Community Healthcare Trust's annualized EBITDA for the quarter that ended in Sep. 2024 was $76.7 Mil. Community Healthcare Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 6.23.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Community Healthcare Trust's Debt-to-EBITDA or its related term are showing as below:

CHCT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.95   Med: 4.18   Max: 7.36
Current: 7.36

During the past 10 years, the highest Debt-to-EBITDA Ratio of Community Healthcare Trust was 7.36. The lowest was 2.95. And the median was 4.18.

CHCT's Debt-to-EBITDA is ranked better than
50% of 572 companies
in the REITs industry
Industry Median: 7.36 vs CHCT: 7.36

Community Healthcare Trust Debt-to-EBITDA Historical Data

The historical data trend for Community Healthcare Trust's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

Community Healthcare Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 4.00 4.18 5.32 6.15

Community Healthcare Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA 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 5.17 5.09 5.81 17.71 6.23

Competitive Comparison of Community Healthcare Trust's Debt-to-EBITDA

For the REIT - Healthcare Facilities subindustry, Community Healthcare Trust's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Community Healthcare Trust's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Community Healthcare Trust's Debt-to-EBITDA falls into.



Community Healthcare Trust Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Community Healthcare Trust's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(50 + 357.308) / 66.251
=6.15

Community Healthcare Trust's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(125 + 352.747) / 76.724
=6.23

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


Community Healthcare Trust  (NYSE:CHCT) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Community Healthcare Trust Debt-to-EBITDA Related Terms

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


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
Van Horn R. Lawrence director 354 COOL SPRINGS BLVD., SUITE 106, 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
David H. Dupuy officer: Executive Vice President & CFO 3326 ASPEN GROVE DRIVE, SUITE 150, FRANKLIN TN 37067
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
Claire M Gulmi director
W. Page Barnes officer: Executive VP & CFO 354 COOL SPRINGS BLVD., SUITE 106, 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