National Health Investors (NHI) Interest Coverage Ratio (2011 - 2019)

National Health Investors (NHI) reported Interest Coverage Ratio of 2.92 for Q3 2019, down 11.94% on a YoY basis from 3.31 in Q3 2018, and little changed quarter-over-quarter from 2.91 in Q2 2019.

National Health Investors (NHI) Interest Coverage Ratio (2011 - 2019) Analysis & Trends

National Health Investors has reported Interest Coverage Ratio for 9 years, with the latest figure at 2.92 in Q3 2019.

  • For the quarter ending Q3 2019, Interest Coverage Ratio fell 11.94% year-over-year to 2.92; the trailing twelve-month figure through Sep 2019 stood at 2.91 (down 12.48% YoY), and the FY2019 full-year result was 3.86, down 7.13% from the prior year.
  • Interest Coverage Ratio for Q3 2019 stood at 2.92, roughly flat from 2.91 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 4.58 in Q1 2015, with the low at 1.74 in Q2 2016.
  • Historically, Interest Coverage Ratio has averaged 3.37 across 5 years, with a median of 3.27 in 2017.
  • Annual changes were most pronounced in 2016 — Interest Coverage Ratio tumbled 60.49% — and 2017, when it jumped 87.4%.
  • National Health Investors' Interest Coverage Ratio stood at 4.14 in 2015, then fell by 1.47% to 4.08 in 2016, then slipped by 17.42% to 3.37 in 2017, then fell by 1.74% to 3.31 in 2018, then retreated by 11.94% to 2.92 in 2019.
  • The last three Interest Coverage Ratio figures came in at 2.92 (Q3 2019), 2.91 (Q2 2019), and 2.64 (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Welltower 144.82 Bn 141.05 Bn 1.30 Bn -
2 Ventas 39.06 Bn 38.93 Bn 1.65 Bn 0.16
3 Healthpeak Properties 13.76 Bn 14.32 Bn - 3.24
4 Omega Healthcare Investors 12.86 Bn 13.12 Bn - 4.21
5 American Healthcare REIT 8.89 Bn 8.81 Bn 97.60 Mn -27.36
6 CareTrust REIT 8.47 Bn 8.48 Bn - 8.27
7 Healthcare Realty Trust 6.83 Bn 6.83 Bn - -
8 National Health Investors 3.40 Bn 3.41 Bn - -
9 Diversified Healthcare Trust 2.05 Bn 1.93 Bn 304.41 Mn -1.80
10 Ltc Properties 1.75 Bn 1.82 Bn - 3.30

Historic Data

Download Data
DateValue
Sep 30, 2019 2.92
Jun 30, 2019 2.91
Mar 31, 2019 2.64
Sep 30, 2018 3.31
Jun 30, 2018 3.10
Mar 31, 2018 3.37
Sep 30, 2017 3.37
Jun 30, 2017 3.27
Mar 31, 2017 2.93
Dec 31, 2016 4.08
Sep 30, 2016 3.09
Jun 30, 2016 1.74
Mar 31, 2016 3.09
Dec 31, 2015 4.14
Sep 30, 2015 4.37
Jun 30, 2015 4.41
Mar 31, 2015 4.58
Dec 31, 2014 4.97
Sep 30, 2014 3.64
Jun 30, 2014 3.75