National Health Investors Balance Sheet Health
Financial Health criteria checks 3/6
National Health Investors has a total shareholder equity of $1.2B and total debt of $1.1B, which brings its debt-to-equity ratio to 91.1%. Its total assets and total liabilities are $2.5B and $1.2B respectively. National Health Investors's EBIT is $186.3M making its interest coverage ratio 3.1. It has cash and short-term investments of $15.6M.
Key information
91.1%
Debt to equity ratio
US$1.14b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$15.55m |
| Equity | US$1.25b |
| Total liabilities | US$1.21b |
| Total assets | US$2.46b |
Recent financial health updates
No updates
Recent updates
National Health Investors: From Struggles To Strength
Sep 29National Health Investors: The Lack Of Upside Seems Obvious To Me Here
May 09National Health: Lots To Love, But Valuation Still On The High Side
Feb 23Catch The Senior Housing Rebound With National Health Investors
Nov 27National Health Investors: 7% Yielding REIT Has Improved On Most Metrics
Nov 13National Health Investors: Enjoy This Solid 7%+ Yield, For Now
Aug 30National Health: What We Got Wrong With This Healthcare REIT
Jun 14National Health Investors GAAP EPS of $0.04 misses by $0.65, revenue of $70.66M misses by $4.97M
Feb 216%-Yielding National Health Investors: No Pain, No Gain
Feb 06National Health Investors: Why This 5.5%-Yielding Rebound Is Worth A Shot
Sep 10Financial Position Analysis
Short Term Liabilities: NHI's short term assets ($122.2M) exceed its short term liabilities ($72.2M).
Long Term Liabilities: NHI's short term assets ($122.2M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: NHI's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: NHI's debt to equity ratio has reduced from 99.4% to 91.1% over the past 5 years.
Debt Coverage: NHI's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: NHI's interest payments on its debt are well covered by EBIT (3.1x coverage).