CareTrust REIT(US:CTRE)2022-11-10 00:40Portfolio Overview - As of September 30, 2022, CareTrust REIT's real estate portfolio consisted of 198 net-leased healthcare properties across 21 states, with 21,505 operating beds/units[14] - Skilled Nursing facilities accounted for 742% of the total investment, with an investment of $1,299763 million and a rent of $135363 million[21] - The Ensign Group is the largest tenant, contributing 368% of the total rent with $66078 million[22] - California and Texas represent the largest geographic concentrations, accounting for 277% and 227% of total rent, respectively[26] Financial Performance - For the quarter ended September 30, 2022, rental income was $47018 million, and total revenues reached $50293 million[34] - Net loss for the quarter ended September 30, 2022, was $(21886) million, or $(023) per share[34] - Normalized FFO for the quarter ended September 30, 2022, was $36096 million, or $037 per share[35] - The company declared dividends of $0275 per common share for the quarter ended September 30, 2022[34] Debt and Capital Structure - As of September 30, 2022, the company's net debt to enterprise value was 306%[39] - The company's net debt to annualized normalized run rate EBITDA was 43[39] - The company's senior unsecured notes payable amounted to $400 million, representing 513% of the total debt[40]