CareTrust REIT (CareTrust REIT) Variable Rate Debt (USD Mil) : 199.61 (As of Mar. 2024)

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What is CareTrust REIT Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

CareTrust REIT's Variable Rate Debt (USD Mil) for the quarter that ended in Mar. 2024 was 199.61 , which is higher than 199.56 for the pervious quarter ended in Dec. 2023.

CareTrust REIT's Variable Rate Debt (USD Mil) for the annual that ended in Dec. 2023 was 199.56 , which is lower than 324.35 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for CareTrust REIT's Variable Rate Debt (USD Mil) or its related term are showing as below:

CareTrust REIT Variable Rate Debt (USD Mil) Historical Data

The historical data trend for CareTrust REIT's Variable Rate Debt (USD Mil) 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.

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CareTrust REIT Variable Rate Debt (USD Mil) Chart

CareTrust REIT Annual Data

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Variable Rate Debt (USD Mil)

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Fixed Rate Debt (USD Mil)

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CareTrust REITQuarterly Data

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Variable Rate Debt (USD Mil)

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Fixed Rate Debt (USD Mil)

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Competitive Comparison of CareTrust REIT's Variable Rate Debt (USD Mil)

For the REIT - Healthcare Facilities subindustry, CareTrust REIT's Variable Rate Debt (USD Mil), along with its competitors' market caps and Variable Rate Debt (USD Mil) 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 (NYSE:CTRE) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.

CareTrust REIT Variable Rate Debt (USD Mil) Related Terms

Thank you for viewing the detailed overview of CareTrust REIT's Variable Rate Debt (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

CareTrust REIT (CareTrust REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CareTrust REIT Inc (NYSE:CTRE) » Definitions » Variable Rate Debt (USD Mil)

Comparable Companies

Traded in Other Exchanges

7XC:Germany

Address

905 Calle Amanecer, Suite 300, San Clemente, CA, USA, 92673

Website

https://www.caretrustreit.com

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