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| Date | Value |
|---|---|
| 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 |