Financial leverage has intensified significantly, with the debt-to-equity ratio climbing from 0.80 in 2023Q4 to 1.25 by 2025Q4, placing increased pressure on the firm's capital structure.
| Total Assets | 1.01B | 990.76M | 992.56M | 945.41M | 876.42M | 754.23M | 668.4M | 562.53M | 426.57M | 385.77M | 251.53M | 142.8M | 2K |
| Asset Growth % | 1.19% | -0.18% | 4.99% | 7.87% | 16.2% | 12.84% | 18.82% | 31.87% | 10.58% | 53.37% | 76.14% | 7140050% | - |
| Real Estate & Other Assets | 0 | 938.97M | 929.4M | -15.26M | 803.52M | 703.93M | 634.57M | 527.35M | 391.98M | 10.01M | 239.15M | 2.07M | 0 |
| PP&E (Net) | 0 | 3.04M | 3.13M | 852.65M | 3.3M | 2.66M | 821K | 139K | 389.63M | 352.35M | 234.33M | 127.76M | 0 |
| Investment Securities | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | 0 | 0 |
| Total Current Assets | 2.62M | 47.45M | 58.11M | 70.23M | 66.9M | 46.68M | 31.88M | 34.3M | 32.4M | 31.32M | 12.35M | 12.91M | 2K |
| Cash & Equivalents | 2.62M | 3.34M | 4.38M | 3.49M | 11.23M | 2.35M | 2.48M | 1.73M | 2.01M | 2.13M | 1.57M | 2.02M | 2K |
| Receivables | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Current Assets | 0 | 5.26M | 6.75M | 8.61M | 835K | 516K | 409K | 293K | 872K | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.07B | 1.31M | 1.93M | 2.65M | 2.4M | 611K | 617K | 144K | 168K | 343.95M | 25K | 50K | 0 |
| Total Liabilities | 588.75M | 561.37M | 516.6M | 432.16M | 379.61M | 292.12M | 238.49M | 209.12M | 154.91M | 102.39M | 57.52M | 20.53M | 0 |
| Total Debt | 0 | 536.2M | 489.98M | 412.28M | 357.06M | 269.39M | 213.17M | 194.39M | 147.77M | 93.35M | 51M | 17M | 0 |
| Net Debt | -2.62M | 532.86M | 485.6M | 408.79M | 345.83M | 267.04M | 210.68M | 192.66M | 145.76M | 91.22M | 49.43M | 14.98M | -2K |
| Long-Term Debt | 0 | 274.2M | 273.95M | 403.26M | 353M | 253.63M | 179.37M | 179.24M | 147.77M | 93.35M | 51M | 17M | 0 |
| Short-Term Borrowings | 0 | 258M | 212M | 4.97M | 0 | 12M | 33M | 15M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 12.01M | 4M | 4.03M | 4.05M | 4.07M | 3.77M | 793K | 143K | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 278.96M | 232.79M | 12.23M | 15.23M | 23.64M | 41.34M | 20.64M | 46.2M | 4.06M | 3.54M | 812K | 0 |
| Accounts Payable | 0 | 0 | 0 | 12.03M | 0 | 0 | 0 | 0 | 3.2M | 4.06M | 3.54M | 812K | 0 |
| Deferred Revenue | 0 | 6.03M | 6.5M | 5.38M | 3.85M | 3.79M | 2.6M | 2.03M | -3.2M | -97.41M | -54.54M | 0 | 0 |
| Other Liabilities | 588.75M | 4.22M | 5.83M | 12.82M | 7.32M | 7.3M | 14.38M | 7.07M | 3.68M | -29.02M | 2.98M | 2.72M | 0 |
| Total Equity | 421.34M | 429.39M | 475.96M | 513.26M | 496.81M | 462.11M | 429.92M | 353.41M | 417.87M | 375.55M | 244.55M | 122.27M | 2K |
| Equity Growth % | -41.04% | -9.79% | -7.27% | 3.31% | 7.51% | 7.49% | 21.65% | -15.43% | 11.27% | 53.57% | 100.01% | 6113400% | - |
| Shareholders Equity | 421.34M | 429.39M | 475.96M | 513.26M | 496.81M | 462.11M | 429.92M | 353.41M | 271.66M | 283.37M | 194.01M | 122.27M | 2K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 146.21M | 92.17M | 50.55M | 0 | 0 |
| Common Stock | 286K | 285K | 282K | 276K | 259K | 250K | 239K | 214K | 186K | 181K | 130K | 76K | 2K |
| Additional Paid-in Capital | 0 | 717.45M | 704.52M | 688.16M | 625.14M | 595.62M | 550.39M | 447.92M | 337.18M | 324.3M | 214.32M | 127.58M | 0 |
| Retained Earnings | 0 | 90.78M | 85.67M | -191.59M | 81.14M | 59.12M | 36.63M | 17.55M | -66.34M | -41.37M | -20.45M | -5.38M | 0 |
| Preferred Stock | 0 | 0 | 0 | 175.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 0.61% | 0.51% | -0.33% | 0.85% | 2.7% | 3.16% | 3.1% | 1.69% | 1.08% | 1.1% | 1.38% | -2.04% | 379249.7% |
| Return on Equity (ROE) | 1.41% | 1.13% | -0.64% | 1.53% | 4.59% | 5.04% | 4.87% | 2.17% | 1.11% | 1.13% | 1.48% | -2.38% | 379249.7% |
| Debt / Assets | 0% | 54.12% | 49.37% | 43.61% | 40.74% | 35.72% | 31.89% | 34.56% | 34.64% | 24.2% | 20.28% | 11.9% | - |
| Debt / Equity | 0.00x | 1.25x | 1.03x | 0.80x | 0.72x | 0.58x | 0.50x | 0.55x | 0.35x | 0.25x | 0.21x | 0.14x | - |
| Net Debt / EBITDA | -0.03x | 8.35x | 7.61x | 6.24x | 5.16x | 4.16x | 3.94x | 4.65x | 3.00x | 2.44x | 1.96x | 3.57x | - |
| Book Value per Share | 15.61 | 15.99 | 17.94 | 20.37 | 21.02 | 19.86 | 19.93 | 18.91 | 23.65 | 25.35 | 21.60 | 25.87 | 0.00 |
Elevated leverage and dividend coverage
As reported in financial statements, CHCT's debt-to-equity ratio climbed from 0.80 in 2023Q4 to 1.25 by 2025Q4, indicating a significant increase in financial leverage that may constrain the company's future capacity to fund acquisitions without further dilutive equity issuance or increased interest expense exposure.
The steady migration toward higher leverage levels suggests that the company is increasingly reliant on debt to bridge the gap between its acquisition pace and internal cash generation. Investors should monitor whether this trend reflects a strategic shift toward higher financial risk or a temporary necessity to maintain growth in a challenging interest rate environment.
Based on recent SEC filings, the company's cash position remains thin, with only $2.6 million in cash reported for 2026Q1, which appears insufficient to cover significant near-term obligations or provide a meaningful buffer against potential volatility in property-level operating expenses or unexpected capital expenditure requirements.
The minimal cash balance relative to the scale of the $1.0 billion asset base suggests that CHCT operates with very little margin for error. This liquidity profile implies that the firm is likely dependent on revolving credit facilities or capital market access to maintain operational continuity, which warrants further investigation into covenant headroom.
According to the provided data, total assets expanded to $1.0 billion by 2026Q1, yet this growth has been accompanied by a contraction in equity value from $513.3 million in 2023Q4 to $421.3 million, suggesting that the company's expansion strategy may be eroding the underlying net asset value.
The divergence between asset accumulation and equity preservation may indicate that the cost of capital is exceeding the returns generated by new property acquisitions. This trajectory appears to challenge the sustainability of the current growth model, as the firm struggles to maintain a stable equity base while scaling its portfolio.
As indicated by the provided financial data, the rapid shift in net property, plant, and equipment values, which dropped from $852.7 million in 2023Q4 to effectively zero in 2026Q1, suggests a potential change in accounting treatment or asset impairment that warrants immediate scrutiny by institutional stakeholders.
The sudden disappearance of net PPE from the balance sheet is highly irregular for a REIT and may imply significant write-downs or a reclassification of assets that obscures the true health of the portfolio. This development suggests that the company's reported asset values may be subject to aggressive accounting adjustments that mask underlying operational deterioration.
Quick answers to the most common questions about buying CHCT stock.
As of 2025, Community Healthcare Trust Incorporated (CHCT) had total assets of $990.8M including $47.4M in current assets.
Community Healthcare Trust Incorporated (CHCT) carries total debt of $536.2M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Community Healthcare Trust Incorporated (CHCT) has total shareholders' equity (book value) of $429.4M ($15.99 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Community Healthcare Trust Incorporated (CHCT) reported a current ratio of 0.17x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.