How do you interpret TX — lessor operating lease number of renewal options?

A higher number of renewal options generally suggests longer-term tenant commitment and potential stability, whereas a lower number may indicate upcoming lease expirations or renegotiation risks.

How does TX — lessor operating lease number of renewal options compare across companies?

Investors look at lease renewal metrics to assess the predictability of future cash flows and the risk of tenant turnover.

CareTrust CTRE TX — Lessor Operating Lease Number Of Renewal Options

Discontinued — last reported Q2 '19

Similar metrics at other companies

RRXNumber of options to renew

0.30.0%

FBR

FBRTVarious — Number of lease renewal terms

10—

ACMRNumber of renewal options

0.30.0%

ARWRCalifornia — Number of options to renew

1—

ARWRWI — Number Of Options To Renew

20.0%

ALKSMA — Lessee Operating Leases Maximum Number Of Option To Extend Lease

2—

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:LessorOperatingLeaseNumberOfRenewalOptions.

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

Questions, answered.

What does TX — lessor operating lease number of renewal options mean?: The total number of lease renewal options available to tenants in the Texas portfolio.
How do you interpret TX — lessor operating lease number of renewal options?: A higher number of renewal options generally suggests longer-term tenant commitment and potential stability, whereas a lower number may indicate upcoming lease expirations or renegotiation risks.
How does TX — lessor operating lease number of renewal options compare across companies?: Investors look at lease renewal metrics to assess the predictability of future cash flows and the risk of tenant turnover.