National Health Investors (NHI) Interest Coverage Ratio (2009 - 2019)
National Health Investors (NHI) posted Interest Coverage Ratio of 2.92 for Q3 2019, little changed on a QoQ basis from 2.91 in Q2 2019, and down 11.94% year-over-year from 3.31 in Q3 2018.
National Health Investors (NHI) Interest Coverage Ratio (2009 - 2019) Analysis & Trends
National Health Investors' Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 2.92 for Q3 2019.
- Quarterly Interest Coverage Ratio fell 11.94% year-over-year to 2.92 in Q3 2019, while the trailing twelve-month figure through Sep 2019 was 3.09 (down 7.09% YoY) and the FY2019 annual result came in at 1.1, down 26.9% from the prior year.
- Interest Coverage Ratio was 2.92 for Q3 2019 at National Health Investors, roughly flat from 2.91 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.58 in Q1 2015 and bottomed at 1.58 in Q1 2017.
- A 5-year average of 3.21 and a median of 3.27 in 2017 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2016 — Interest Coverage Ratio tumbled 63.73% — and 2018, when it soared 114.03%.
- National Health Investors' Interest Coverage Ratio stood at 4.14 in 2015, then decreased by 1.47% to 4.08 in 2016, then declined by 17.42% to 3.37 in 2017, then decreased by 1.74% to 3.31 in 2018, then slipped by 11.94% to 2.92 in 2019.
- Business Quant data shows NHI's Interest Coverage Ratio at 2.92 in Q3 2019, 2.91 in Q2 2019, and 2.64 in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 172.91 Bn | 168.34 Bn | 1.30 Bn | -7.90 |
| 2 | Ventas | 46.62 Bn | 46.50 Bn | 1.65 Bn | 0.16 |
| 3 | Healthpeak Properties | 15.34 Bn | 16.55 Bn | - | 3.24 |
| 4 | Omega Healthcare Investors | 15.14 Bn | 15.41 Bn | - | 3.87 |
| 5 | American Healthcare REIT | 10.71 Bn | 10.59 Bn | 97.60 Mn | -2.52 |
| 6 | CareTrust REIT | 9.45 Bn | 9.46 Bn | - | 8.27 |
| 7 | Healthcare Realty Trust | 7.33 Bn | 7.33 Bn | - | - |
| 8 | Sabra Health Care REIT | 5.09 Bn | 5.09 Bn | - | 2.39 |
| 9 | Diversified Healthcare Trust | 4.51 Bn | 4.39 Bn | 295.29 Mn | -1.93 |
| 10 | National Health Investors | 3.86 Bn | 3.87 Bn | - | - |
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 | 1.58 |
| Dec 31, 2016 | 4.08 |
| Sep 30, 2016 | 3.09 |
| Jun 30, 2016 | 1.74 |
| Mar 31, 2016 | 1.66 |
| 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 |