National Health Investors Balance Sheet Health
Financial Health criteria checks 2/6
National Health Investors has a total shareholder equity of $1.3B and total debt of $1.1B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are $2.5B and $1.2B respectively. National Health Investors's EBIT is $179.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $22.3M.
Key information
89.1%
Debt to equity ratio
US$1.14b
Debt
Interest coverage ratio | 3.1x |
Cash | US$22.35m |
Equity | US$1.27b |
Total liabilities | US$1.21b |
Total assets | US$2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WX6's short term assets ($125.5M) do not cover its short term liabilities ($148.8M).
Long Term Liabilities: WX6's short term assets ($125.5M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: WX6's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: WX6's debt to equity ratio has reduced from 92.2% to 89.1% over the past 5 years.
Debt Coverage: WX6's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: WX6's interest payments on its debt are well covered by EBIT (3.1x coverage).