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CareTrust REIT (CareTrust REIT) Scaled Net Operating Assets : 0.97 (As of Dec. 2023)


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What is CareTrust REIT Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CareTrust REIT's operating assets for the quarter that ended in Dec. 2023 was $1,790.4 Mil. CareTrust REIT's operating liabilities for the quarter that ended in Dec. 2023 was $70.5 Mil. CareTrust REIT's Total Assets for the quarter that ended in Sep. 2023 was $1,767.6 Mil. Therefore, CareTrust REIT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.97.


CareTrust REIT Scaled Net Operating Assets Historical Data

The historical data trend for CareTrust REIT's Scaled Net Operating Assets 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.

CareTrust REIT Scaled Net Operating Assets Chart

CareTrust REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.95 1.04 0.95 1.06

CareTrust REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets 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 0.95 0.95 1.04 0.98 0.97

Competitive Comparison of CareTrust REIT's Scaled Net Operating Assets

For the REIT - Healthcare Facilities subindustry, CareTrust REIT's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


CareTrust REIT's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CareTrust REIT's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CareTrust REIT's Scaled Net Operating Assets falls into.



CareTrust REIT Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CareTrust REIT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1790.39-70.523)/1620.781
=1.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2084.838 - 294.448
=1790.39

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=666.121 - 595.598 - 0
=70.523

CareTrust REIT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(1790.39-70.523)/1767.564
=0.97

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2084.838 - 294.448
=1790.39

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=666.121 - 595.598 - 0
=70.523

* 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.


CareTrust REIT Scaled Net Operating Assets Related Terms

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CareTrust REIT (CareTrust REIT) Business Description

Industry
Traded in Other Exchanges
Address
905 Calle Amanecer, Suite 300, San Clemente, CA, USA, 92673
CareTrust REIT Inc is a self-administered, publicly-traded REIT engaged in the ownership, acquisition, financing, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. The Company has one reportable segment consisting of investments in healthcare-related real estate assets. It generates revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements. The Company generate revenues by leasing healthcare-related properties to healthcare operators in triple-net lease arrangements, under which the tenant is solely responsible for the costs related to the property (including property taxes, insurance, maintenance and repair costs and capital expenditures).
Executives
James Callister officer: Executive Vice President 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Anne Olson director 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Careina D. Williams director 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Spencer G Plumb director 17140 BERNARDO CENTER DRIVE, SUITE 300, SAN DIEGO CA 92128
Diana Laing director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Mark D Lamb officer: Chief Investment Officer 905 CALLE AMANECER, SUITE 300, SAN CLEMENTE CA 92673
Gary B Sabin director 16955 VIA DEL CAMPO SUITE 110, SAN DIEGO CA 92127
Jon D Kline director 903 CALLE AMANECER, SUITE 100, SAN CLEMENTE CA 92673
William M Wagner officer: See Remarks 903 CALLE AMANECER, SUITE 100, SAN CLEMENTE CA 92673
David M. Sedgwick officer: Vice President of Operations 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Gregory K. Stapley director, officer: President and CEO 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Allen Barbieri director
David G. Lindahl director 27101 PUERTA REAL, SUITE 400, MISSION VIEJO CA 92691
Christopher R. Christensen director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Ensign Group, Inc 10 percent owner 29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675

CareTrust REIT (CareTrust REIT) Headlines