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: Back To 5% Yield Spells Buying Opportunity
Dec 12National 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Health Investors, Inc. is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Richard Anderson | BMO Capital Markets U.S. (Historical) |
| Joshua Dennerlein | BofA Global Research |