Community Healthcare Trust Incorporated (CHCT) · 10+ Years of Financial statements

Income Statement	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	- -	9	25	37	49	61	76	91	98	113
+ Sales & Services Revenue	- -	9	25	37	49	61	76	91	98	113
- Cost of Revenue	- -	2	5	9	10	12	14	15	17	21
+ Cost of Goods & Services	- -	2	5	9	10	12	14	15	17	21
Gross Profit	- -	7	20	29	39	49	62	75	81	92
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	8	17	21	25	30	34	43	47	67
+ Selling, General & Admin	- -	2	3	3	6	8	9	12	15	27
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	5	13	18	20	22	25	30	32	40
Operating Income (Loss)	- -	-1	4	7	13	19	28	33	34	25
- Non-Operating (Income) Loss	- -	- -	1	4	11	9	9	10	12	17
+ Interest Expense, Net	- -	- -	1	4	6	9	8	10	12	17
+ Interest Expense	- -	- -	1	4	6	9	9	11	12	18
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	5	- -	- -	- -	- -	- -
Pretax Income	- -	-1	3	4	3	10	19	23	22	8
- Income Tax Expense (Benefit)	- -	- -	- -	- -	-2	1	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	-1	3	4	4	8	19	22	22	8
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	-1	3	4	4	8	19	22	22	8
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	-1	3	4	4	8	19	22	22	8
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	-1	3	4	4	8	19	22	22	8
Basic Weighted Avg Shares	- -	5	11	15	18	19	22	23	24	25
Basic EPS, GAAP	- -	-0.31	0.24	0.24	0.25	0.45	0.88	0.97	0.93	0.31
Basic EPS from Cont Ops	- -	-0.31	0.24	0.24	0.25	0.45	0.88	0.97	0.93	0.31
Diluted Weighted Avg Shares	- -	5	11	15	18	19	22	23	24	25
Diluted EPS, GAAP	- -	-0.31	0.24	0.24	0.25	0.45	0.88	0.97	0.93	0.31
Diluted EPS from Cont Ops	- -	-0.31	0.24	0.24	0.25	0.45	0.88	0.97	0.93	0.31
EBITDA	- -	4	17	26	34	41	53	64	67	66
EBITDA Margin (%)	- -	48.58	68.47	68.39	69.11	68.07	70.61	70.8	68.65	58.08
EBITA	- -	-1	4	7	13	19	28	34	35	25
EBIT	- -	-1	4	7	13	19	28	33	34	25
Gross Margin (%)	- -	76.69	81.17	76.75	79.55	79.89	82.01	83.27	82.97	81.64
Operating Margin (%)	- -	-13.06	15.36	19.78	27.64	30.68	36.9	36.33	34.67	22.24
Profit Margin (%)	- -	-16.87	10.8	9.4	9.05	13.77	25.21	24.83	22.54	6.84
Sales per Employee	- -	959,111	1,938,231	2,333,938	3,039,375	2,433,960	2,703,000	3,019,300	3,150,935	3,049,865
Dividend per Share	- -	0.83	1.58	1.65	1.66	1.71	1.76	1.82	1.88	1.91
Depreciation Expense	- -	5	13	18	20	22	26	30	32	40

Balance Sheet	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	- -	13	12	31	32	2	32	3	12	70
+ Cash, Cash Equivalents & STI	- -	2	2	2	2	2	2	2	11	3
+ Cash & Cash Equivalents	- -	2	2	2	2	2	2	2	11	3
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	- -	11	11	29	30	32	28	43	54	57
+ Accounts Receivable, Net	- -	1	3	5	6	8	10	14	18	23
+ Notes Receivable, Net	- -	- -	- -	14	24	24	15	26	33	31
+ Loans Receivable, Net	- -	11	11	11	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	-1	-3	- -	- -	- -	3	3	3	3
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	- -	1	-31	1	-43	-53	10
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	130	239	354	394	561	637	751	864	875
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	1	3	3	3
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	1	3	3	3
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	130	239	354	394	560	636	749	861	872
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	1	1	2	3
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	1	1	2	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	130	239	354	394	560	635	748	859	869
Total Assets	- -	143	252	386	427	563	668	754	876	945
+ Payables & Accruals	- -	1	4	4	3	4	6	8	11	12
+ Accounts Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	1	4	4	3	4	6	8	11	12
+ ST Debt	- -	- -	- -	34	43	15	33	12	- -	50
+ ST Borrowings	- -	- -	- -	34	43	15	33	12	- -	50
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	-34	- -	-15	3	-12	- -	5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	5
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	-34	- -	-15	3	-12	- -	- -
Total Current Liabilities	- -	1	4	4	46	4	41	8	11	67
+ LT Debt	- -	17	51	93	105	194	180	266	353	357
+ LT Borrowings	- -	17	51	93	105	194	179	266	353	353
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	1	4	4	4
+ Other LT Liabilities	- -	3	3	5	4	11	17	19	15	7
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	3	4	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	3	3	5	4	11	14	15	15	7
Total Noncurrent Liabilities	- -	20	54	98	109	206	197	284	368	365
Total Liabilities	- -	21	58	102	155	209	238	292	380	432
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	128	214	324	337	448	551	596	625	688
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	128	214	324	337	448	550	596	625	688
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	- -	-5	-20	-41	-66	-90	-109	-129	-151	89
+ Other Equity	- -	-4	-22	- -	1	-5	-12	-5	23	-264
Equity Before Minority Interest	- -	122	194	283	272	353	430	462	497	513
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	- -	122	194	283	272	353	430	462	497	513
Total Liabilities & Equity	- -	143	252	386	427	563	668	754	876	945
Shares Outstanding	7	8	13	18	19	21	24	25	26	28
Capital Leases - Total	- -	- -	- -	- -	- -	- -	1	4	4	4
Net Debt	- -	15	49	125	146	208	210	275	342	400
Net Debt to Equity	-100	12.25	25.48	44.19	53.66	58.72	48.82	59.57	68.79	77.89
Tangible Common Equity Ratio	100	85.62	77.13	73.46	63.67	62.82	64.29	61.24	56.57	54.16
Current Ratio	- -	15.91	3.49	7.72	0.7	0.56	0.77	0.37	1.06	1.04
Cash Conversion Cycle	- -	23.85	31.46	38.18	38.57	41.9	44.96	49.24	60.15	66.69
Number of Employees	- -	9	13	16	16	25	28	30	31	37

Cash Flow Statement	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	- -	-1	3	4	4	8	19	22	22	8
+ Depreciation & Amortization	- -	5	13	18	20	23	26	31	33	40
+ Non-Cash Items	- -	- -	-1	- -	5	3	2	4	6	17
+ Stock-Based Compensation	- -	- -	1	1	3	4	5	7	9	20
+ Deferred Income Taxes	- -	- -	- -	- -	-2	1	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	5	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	-2	-1	-1	-2	-3	-4	-3	-4
+ Chg in Non-Cash Work Cap	- -	-1	- -	1	-5	-2	2	-1	-1	-3
+ (Inc) Dec in Accts Receiv	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	2	- -	-1	- -	1	- -	1	1
+ Inc (Dec) in Other	- -	-1	-2	- -	-4	-2	1	- -	-2	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	3	15	22	24	32	48	56	60	61
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-1	-2	-1	-5	-4	-7	-7	-10	-19
+ Acq of Fixed Prod Assets	- -	-1	-2	-1	-5	-4	-7	-7	-10	-19
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	-140	-116	-146	-49	-149	-118	-97	-103	-95
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-141	-117	-148	-54	-153	-125	-104	-114	-114
+ Dividends Paid	- -	-4	-18	-24	-29	-32	-38	-42	-44	-48
+ Net Cash From Debt	- -	17	34	43	49	47	18	54	88	50
+ Cash From Debt	- -	17	34	60	49	75	18	125	150	50
+ Repayments of Debt	- -	- -	- -	-17	- -	-28	- -	-71	-62	- -
+ Cash (Repurchase) of Equity	- -	127	87	109	10	107	98	38	21	44
+ Increase in Capital Stock	- -	127	87	109	10	107	98	38	21	44
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	-1	-1	-2	- -	-2	- -	-2	-1	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	140	102	126	29	120	78	48	63	45
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	2	- -	1	- -	- -	1	- -	9	-7
EBITDA	- -	4	17	26	34	41	53	64	67	66
EBITDA Margin (%)	- -	48.58	68.47	68.39	69.11	68.07	70.61	70.8	68.65	58.08
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	- -	2	13	21	20	28	41	49	50	42
Free Cash Flow to Firm	- -	- -	15	24	- -	36	50	60	62	60
Free Cash Flow to Equity	- -	19	47	64	69	75	59	103	138	92
Free Cash Flow per Basic Share	- -	0.45	1.19	1.42	1.13	1.5	1.92	2.11	2.11	1.68
Price/Free Cash Flow	- -	22.84	15.77	18.07	17.74	21.58	18.29	17.41	12.07	8.45
Cash Flow to Net Income	- -	-2.04	5.49	6.3	5.55	3.86	2.54	2.51	2.74	7.96

Community Healthcare Trust Incorporated

CHCT US

23.37

23.37