Is it safe?
Can CTRE take a bad year?
CareTrust REIT, Inc. carries $671M of net debt at 1.70× EBITDA: a load its earnings can carry.
$671M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.70×
Net debt / EBITDA · 3.79× a year ago · the load is coming down
- Cash runway
- 0.2 years
Cash runway · burning $238M a quarter at the current rate
- Annualised volatility
- 24%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $895M
- Cash and short-term investments
- $223M
- Net debt
- $671M
- EBITDA, trailing twelve months
- $396M
- Operating profit, trailing twelve months
- $292M
- Debt / equity
- 0.22×
- Total debt / EBITDA
- 2.26×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −67%
- Below its 52-week high
- −7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT - Healthcare Facilities
Ranks #6 of 10 by Smart Score