PTN 0.00% 4.8¢ prime retirement and aged care property trust

PTN's balance sheet intrigues me. -$53m of their $71m income...

  1. 37 Posts.
    PTN's balance sheet intrigues me.

    -$53m of their $71m income last half-year was from asset revaluations.
    - They have $1.4b of property and 154m in cash (total assets of 1.6b).
    - They have $1b in liabilities ... mostly $400m in loans and $660m in "payables to residents" - what is "payables to residents", exactly?

    I like PTN and am thinking of getting onboard, but that balance sheet is interesting ...
 
watchlist Created with Sketch. Add PTN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.