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LTC Properties LTC Secured Debt

Secured Debt at other companies

KKR Real Estate Finance Trust logo
KKR Real Estate Finance TrustKREF
$631.48M+17.8%
Global Net Lease logo
Global Net LeaseGNL
$1.22B-31.1%
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$17.57M
Sabra Healthcare logo
Sabra HealthcareSBRA
$42.76M-4.6%
NexPoint Real Estate Finance logo
NexPoint Real Estate FinanceNREF
$106.15M+11.3%
NetSTREIT logo
NetSTREITNTST
$7.8M-0.5%

Other financials

Income statement

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Revenue$95.4M+94.6%
Operating income$18.6M-23.7%
Net income$23.6M+14.1%
EPS (diluted)$0.48+6.7%

Balance sheet

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Cash & equivalents$21.7M-7.0%
Total debt$2.5M
Total equity$1.1B+15.4%
Total assets$2.1B+18.4%

Cash flow

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Operating cash flow$30.8M+4.0%
CapEx$2.7M+101%
Free cash flow$28.1M-0.5%

Valuation

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Market cap$1.91B+11.9%
Enterprise value$1.89B
P/E15.8×-3.7×
P/S6.2×-2.0×

Profitability

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Operating margin41.8%+1.0pp
Net margin39.1%-3.1pp
FCF margin41.6%-16.6pp

Returns & leverage

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Return on equity11.7%+2.2pp
Debt / equity

Where this comes from

Reported directly by LTC Properties in its filing.

Tagged under the XBRL concept us-gaap:SecuredDebt.

The official record: LTC Properties’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is LTC Properties's secured debt?
LTC Properties (LTC) reported secured debt of $198.32M in Q1 2026.
How has LTC Properties's secured debt changed year-over-year?
LTC Properties's secured debt increased by 98.6% year-over-year, from $99.85M to $198.32M.
What is the long-term trend for LTC Properties's secured debt?
Over 4 years (2021 to 2025), LTC Properties's secured debt has grown at a 18.8% compound annual growth rate (CAGR), from $99.36M to $198.21M.
What does secured debt mean?
This represents debt obligations that are backed by specific real estate assets or other collateral pledged by the company. It highlights the portion of the capital structure that is tied to specific property performance or asset value. This metric is used to evaluate the company's financial flexibility and the risk profile associated with its debt financing.