Skip to content

CareTrust CTRE Consolidation Eliminations — Accumulated Distributions In Excess Of Net Income

Discontinued — last reported Q2 '18

Similar metrics at other companies

Sachem Capital Corp. logo
SACHDistributions > Earnings
$128.36M+12.3%
Granite Point Mortgage Trust logo
GPMTDistributions > Earnings
$468.65M+5.6%
Chimera Investment Corp. logo
CIMDistributions > Earnings
$6.63B+3.4%
UDR logo
UDRDistributions > Earnings
$4.15B-3.4%
Redwood Trust logo
RWTDistributions > Earnings
$2.66B+3.8%
Welltower logo
WELLDistributions > Earnings
$20.72B+10.5%

Other financials

Income statement

See full
Revenue$142.8M+47.8%
Gross profit$49.7M
Net income$80.2M+21.9%
EPS (diluted)$0.36+2.9%

Balance sheet

See full
Cash & equivalents$223.2M-64.7%
Total debt$894.6M+8.8%
Total equity$4.1B+41.1%
Total assets$5.2B+34.8%

Cash flow

See full
Operating cash flow$90.4M+26.6%
CapEx$440.3K
Free cash flow$98.1M+60.6%

Valuation

See full
Market cap$8.76B+52.5%
Enterprise value$9.43B+59.4%
P/E26.1×-9.3×
P/S16.8×-0.6×

Profitability

See full
Gross margin100%
Net margin64.1%+14.9pp
FCF margin82.3%-0.1pp

Returns & leverage

See full
Return on equity9.5%+2.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by CareTrust in its filing.

Tagged under the XBRL concept us-gaap:AccumulatedDistributionsInExcessOfNetIncome.

The official record: CareTrust’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — accumulated distributions in excess of net income mean?
This adjustment removes the impact of intercompany dividend or distribution flows that would otherwise distort the consolidated retained earnings. It ensures that the total accumulated distributions reflect only payments made to external shareholders. This is a technical accounting entry to maintain the integrity of the consolidated equity section.