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LTC Properties LTC Secured Debt

Secured Debt at other companies

Omega Healthcare Investors logo
Omega Healthcare InvestorsOHI
$253.09M-4.6%
KKR Real Estate Finance Trust logo
KKR Real Estate Finance TrustKREF
$630.42M+17.8%
Net Lease Office Properties logo
Net Lease Office PropertiesNLOP
$21.9M-81.3%
Global Net Lease logo
Global Net LeaseGNL
$986.88M-24.8%
BrightSpire Capital logo
BrightSpire CapitalBRSP
$1.41B+43.3%
American Healthcare REIT logo
American Healthcare REITAHR
$873.35M-11.2%

Other financials

Income statement

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Revenue$98.9M+64.1%
Operating income$18.6M-23.7%
Net income$29.6M+96.4%
EPS (diluted)$0.56+75.0%

Balance sheet

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Cash & equivalents$40.4M+431%
Total debt$2.4M-10.7%
Total equity$1.3B+32.5%
Total assets$2.2B+21.2%

Cash flow

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Operating cash flow$34.4M+14.5%
CapEx$3.8M+224%
Free cash flow$30.6M+6.0%

Valuation

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Market cap$2.15B+30.2%
Enterprise value$2.11B+28.3%
P/E15.9×-4.0×
P/S6.2×-1.4×

Profitability

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Operating margin41.8%+1.0pp
Net margin38.9%+0.7pp
FCF margin37.5%-15.3pp

Returns & leverage

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Return on equity12.2%+3.2pp
Debt / equity0.0×

Where this comes from

Reported directly by LTC Properties in its filing.

Tagged under the XBRL concept us-gaap:SecuredDebt.

The source filing: LTC Properties’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:41 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001104659-26-091183
Line itemJune 30, 2026December 31, 2025
Total assets$2,176,858$2,062,060
LIABILITIES
Revolving line of credit$200,000$252,863
Term loans, net of debt issue costs: 2026—$1,596; 2025—$1,787198,404198,213
Senior unsecured notes, net of debt issue costs: 2026—$814; 2025—$895378,686391,105
Accrued interest1,7933,806
Accrued expenses and other liabilities56,34453,689
Total liabilities835,227899,676

Item 1. Financial Statements

FAQ

What is LTC Properties's secured debt?
LTC Properties (LTC) reported secured debt of $198.4M in Q2 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 $99.88M to $198.4M.
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.

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