What does LA — number of properties acquired mean?

This metric represents the total count of individual healthcare-related real estate assets added to the company's portfolio through acquisitions within a specific geographic region or segment. It serves as a key indicator of the company's external growth strategy and its ability to deploy capital into new healthcare facilities. Tracking this volume helps investors assess the pace of portfolio expansion and the company's success in sourcing accretive investment opportunities.

CareTrust CTRE LA — Number Of Properties Acquired

Discontinued — last reported Q2 '19

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Other financials

Income statement

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Revenue$142.8M+47.8%

Gross profit$49.7M—

Net income$80.2M+21.9%

EPS (diluted)$0.36+2.9%

Balance sheet

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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

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Operating cash flow$90.4M+26.6%

CapEx$440.3K—

Free cash flow$98.1M+60.6%

Valuation

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Market cap$8.76B+52.5%

Enterprise value$9.43B+59.4%

P/E26.1×-9.3×

P/S16.8×-0.6×

Profitability

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Gross margin100%—

Net margin64.1%+14.9pp

FCF margin82.3%-0.1pp

Returns & leverage

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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 ctre:NumberOfPropertiesAcquired.

The official record: CareTrust’s 10-Q, filed May 7, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does LA — number of properties acquired mean?: This metric represents the total count of individual healthcare-related real estate assets added to the company's portfolio through acquisitions within a specific geographic region or segment. It serves as a key indicator of the company's external growth strategy and its ability to deploy capital into new healthcare facilities. Tracking this volume helps investors assess the pace of portfolio expansion and the company's success in sourcing accretive investment opportunities.