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National Health Investors (National Health Investors) Effective Interest Rate on Debt % : 4.96% (As of Dec. 2023)


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What is National Health Investors Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. National Health Investors's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $56.5 Mil. National Health Investors's average total debt for the quarter that ended in Dec. 2023 was $1,139.7 Mil. Therefore, National Health Investors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.96%.


National Health Investors Effective Interest Rate on Debt % Historical Data

The historical data trend for National Health Investors's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Health Investors Effective Interest Rate on Debt % Chart

National Health Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.90 3.35 3.50 3.55 4.86

National Health Investors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 4.62 4.70 5.04 4.96

Competitive Comparison of National Health Investors's Effective Interest Rate on Debt %

For the REIT - Healthcare Facilities subindustry, National Health Investors's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Health Investors's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Health Investors's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where National Health Investors's Effective Interest Rate on Debt % falls into.



National Health Investors Effective Interest Rate on Debt % Calculation

National Health Investors's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -55.513/( (1147.511+1135.051)/ 2 )
=-1  *  -55.513/1141.281
=4.86 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1147.511 + 0
=1147.511

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1135.051 + 0
=1135.051

National Health Investors's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -56.54/( (1144.438+1135.051)/ 2 )
=-1  *  -56.54/1139.7445
=4.96 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1144.438 + 0
=1144.438

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1135.051 + 0
=1135.051

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


National Health Investors  (NYSE:NHI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


National Health Investors Effective Interest Rate on Debt % Related Terms

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National Health Investors (National Health Investors) Business Description

Industry
Traded in Other Exchanges
Address
222 Robert Rose Drive, Murfreesboro, TN, USA, 37129
National Health Investors Inc is a housing and medical facility REIT. The company operate through two reportable segments i.e. Real Estate Investments and Senior Housing Operating Portfolio. Real Estate Investments segment consists of real estate investments and lease, mortgage and other notes receivables in independent living facilities, assisted living facilities, entrance-fee communities, senior living campuses, skilled nursing facilities and a hospital. SHOP segment is comprised of two ventures that own the operations of independent living facilities. Company's revenues are derived from rental income, mortgage and other notes receivable interest income and resident fees and services.
Executives
James R Jobe director 707 REGAL DRIVE, MURFREESBORO TN 37129
Robert G Adams director, officer: President P.O. BOX 1398, MURFREESBORO TN 37133-1398
Colden Tracy M J director C/O PLAYA HOTELS & RESORTS N.V.,, 3950 UNIVERSITY DRIVE, SUITE 301, FAIRFAX VA 22030
Robert T Webb director PO BOX 1102, MURFREESBORO TN 37133-1102
D. Eric Mendelsohn officer: EVP - Corporate Finance C/O EMERITUS CORPORATION, 3131 ELLIOTT AVENUE, SUITE 500, SEATTLE WA 98121
Mccabe Robert A Jr director 500 CHURCH ST, STE 200, NASHVILLE TN 37219
David L Travis officer: SVP/Chief Accounting Officer C/O MEDEQUITIES REALTY TRUST, 3100 WEST END AVENUE, SUITE 1000, NASHVILLE TN 37203
W Andrew Adams director, officer: President P.O. BOX 1398, MURFREESBORO TN 37133-1398
Kevin Carlton Pascoe officer: EVP - Investments 222 ROBERT ROSE DRIVE, MURFREESBORO TN 37129
Ronald V Reel officer: Chief Accounting Officer 222 ROBERT ROSE DRIVE, MURFREESBORO TN 37129
Kristin Sallee Gaines officer: Chief Credit Officer 2320 LONDONDERRY DRIVE, MURFREESBORO TN 37129
John L Spaid officer: Exec. VP of Finance 222 ROBERT ROSE DRIVE, MURFREESBORO TN 37129
Roger R Hopkins officer: Chief Accounting Officer 2930 PRINCETON LANE, MURFREESBORO TN 37129
James Justin Hutchens officer: President and COO C/O VENTAS, INC., 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Ted H Welch director PO BOX 1102, MURFREESBORO TN 37133-1102

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