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Target Healthcare REIT (LSE:THRL) Debt-to-Revenue : 3.76 (As of Dec. 2023)


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What is Target Healthcare REIT Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Target Healthcare REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Target Healthcare REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £249.86 Mil. Target Healthcare REIT's annualized Revenue for the quarter that ended in Dec. 2023 was £66.51 Mil. Target Healthcare REIT's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 3.76.


Target Healthcare REIT Debt-to-Revenue Historical Data

The historical data trend for Target Healthcare REIT's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Target Healthcare REIT Debt-to-Revenue Chart

Target Healthcare REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 3.97 2.52 4.13 N/A

Target Healthcare REIT Semi-Annual Data
Jul13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.07 3.36 N/A 3.78 3.76

Competitive Comparison of Target Healthcare REIT's Debt-to-Revenue

For the REIT - Healthcare Facilities subindustry, Target Healthcare REIT's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Target Healthcare REIT's Debt-to-Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Target Healthcare REIT's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Target Healthcare REIT's Debt-to-Revenue falls into.



Target Healthcare REIT Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Target Healthcare REIT's Debt-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 227.051) / -1.941
=-116.98

Target Healthcare REIT's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 249.863) / 66.51
=3.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Target Healthcare REIT Debt-to-Revenue Related Terms

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Target Healthcare REIT (LSE:THRL) Business Description

Traded in Other Exchanges
Address
69 Old Broad Street, Level 4, Dashwood House, London, GBR, EC2M 1QS
Target Healthcare REIT PLC is a closed-ended investment company, which acts as a long-term investor in care homes in the UK. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes. The company pursues its objective by investing in a portfolio of care homes, in the United Kingdom, that are let to care home operators on repairing and insuring leases.

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