CareTrust Other Current Assets from 2010 to 2025

CTRE Stock  USD 28.58  0.11  0.38%   
CareTrust REIT's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 60.1 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-12-31
Previous Quarter
16 M
Current Value
57.3 M
Quarterly Volatility
26.4 M
 
Yuan Drop
 
Covid
Check CareTrust REIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CareTrust REIT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.7 M, Interest Expense of 27.4 M or Selling General Administrative of 15.9 M, as well as many indicators such as Price To Sales Ratio of 7.62, Dividend Yield of 0.0589 or PTB Ratio of 2.23. CareTrust financial statements analysis is a perfect complement when working with CareTrust REIT Valuation or Volatility modules.
  
Check out the analysis of CareTrust REIT Correlation against competitors.
For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.

Latest CareTrust REIT's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of CareTrust REIT over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. CareTrust REIT's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CareTrust REIT's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

CareTrust Other Current Assets Regression Statistics

Arithmetic Mean12,683,503
Geometric Mean4,354,940
Coefficient Of Variation149.10
Mean Deviation12,417,255
Median8,668,000
Standard Deviation18,911,639
Sample Variance357.7T
Range59.3M
R-Value0.77
Mean Square Error157.2T
R-Squared0.59
Significance0.0005
Slope3,050,466
Total Sum of Squares5364.8T

CareTrust Other Current Assets History

202560.1 M
202457.3 M
202315 M
202212.3 M
202112.3 M
202017.7 M
201910.8 M

About CareTrust REIT Financial Statements

CareTrust REIT stakeholders use historical fundamental indicators, such as CareTrust REIT's Other Current Assets, to determine how well the company is positioned to perform in the future. Although CareTrust REIT investors may analyze each financial statement separately, they are all interrelated. For example, changes in CareTrust REIT's assets and liabilities are reflected in the revenues and expenses on CareTrust REIT's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CareTrust REIT. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets57.3 M60.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CareTrust REIT is a strong investment it is important to analyze CareTrust REIT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CareTrust REIT's future performance. For an informed investment choice regarding CareTrust Stock, refer to the following important reports:
Check out the analysis of CareTrust REIT Correlation against competitors.
For information on how to trade CareTrust Stock refer to our How to Trade CareTrust Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CareTrust REIT. If investors know CareTrust will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CareTrust REIT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.322
Dividend Share
1.16
Earnings Share
0.79
Revenue Per Share
1.914
Quarterly Revenue Growth
0.456
The market value of CareTrust REIT is measured differently than its book value, which is the value of CareTrust that is recorded on the company's balance sheet. Investors also form their own opinion of CareTrust REIT's value that differs from its market value or its book value, called intrinsic value, which is CareTrust REIT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CareTrust REIT's market value can be influenced by many factors that don't directly affect CareTrust REIT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CareTrust REIT's value and its price as these two are different measures arrived at by different means. Investors typically determine if CareTrust REIT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CareTrust REIT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.