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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. National Health Investors's
Operating Income
for the
three
months ended in Mar. 2026 was MXN939 Mil. National Health Investors's Interest Expense for the
three
months ended in Mar. 2026 was MXN-256 Mil.
National Health Investors's interest coverage for the quarter that ended in Mar. 2026 was 3.67.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for National Health Investors's Interest Coverage or its related term are showing as below:
MEX:NHI'
s Interest Coverage Range Over the Past 10 Years
Min: 3.13 Med: 3.98 Max: 4.65
Current: 3.56
MEX:NHI's Interest Coverage is ranked better than 57.23% of 692
companies
in the REITs industry
Industry Median: 3.095
vs MEX:NHI: 3.56
National Health Investors (MEX:NHI) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
National Health Investors Interest Coverage Related Terms
National Health Investors Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:NHI vs MPT, SBRA, DHC: Interest Coverage Comparison
For the REIT - Healthcare Facilities subindustry, National Health Investors's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, National Health Investors's Interest Coverage distribution charts can be found below:
* The bar in red indicates where National Health Investors's Interest Coverage falls into.
National Health Investors Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
National Health Investors (MEX:NHI) has a Interest Coverage of 3.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Health Investors and its competitors. This is near median its historical median of 3.98. Over the past decade, National Health Investors' Interest Coverage has ranged from 3.13 to 4.65. According to the industry distribution chart, National Health Investors ranks #296 out of 692 companies in the REITs industry, placing it in the top 42.8%.
Is National Health Investors' Interest Coverage too high?
National Health Investors' current Interest Coverage of 3.67 is near median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 4.65. The REITs industry median Interest Coverage is 3.10. National Health Investors' value of 3.67 is 18.6% above this industry median. Based on the distribution chart, National Health Investors ranks #296 out of 692 companies in the REITs industry, which is above the industry midpoint. Overall, National Health Investors has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does National Health Investors' Interest Coverage compare to MPT and SBRA?
According to the REITs industry distribution chart, National Health Investors ranks #296 out of 692 companies for Interest Coverage. This puts National Health Investors in the upper half of its industry. The industry median Interest Coverage is 3.10. National Health Investors' value of 3.67 is 18.6% above this benchmark. Historically, National Health Investors' own Interest Coverage has ranged from 3.13 to 4.65 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 3.10, National Health Investors has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Health Investors's current Interest Coverage of 3.67 is 18.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Health Investors and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Health Investors's current Interest Coverage is 3.67, which is near median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Health Investors stock overvalued right now?
National Health Investors (MEX:NHI) has a current Interest Coverage of 3.67. The stock's GF Value™ is MXN1,502.86, compared to a current price of MXN1,484.43 — trading 1.2% below its estimated fair value. The current Interest Coverage is 3.67, which is near median its 10-year median of 3.98 and 18.6% above the REITs industry median of 3.10. National Health Investors' overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For National Health Investors (MEX:NHI), the current Interest Coverage is 3.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Health Investors (MEX:NHI) Overvalued in 2026?
Based on GuruFocus' analysis, National Health Investors stock appears to be undervalued.
The current stock price of MXN1,484.43 is trading 1.2% below its estimated GF Value™ of MXN1,502.86.
Key valuation signals for MEX:NHI:
Interest Coverage: 3.67 (near median its 10-year median of 3.98)
GF Value™: MXN1,502.86 vs. price of MXN1,484.43 (1.2% below fair value)
Industry Position: 18.6% above the REITs median (#296 of 692)
No single metric tells the full story. See the MEX:NHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Health Investors Inc is a self-managed REIT that owns, leases, operates, and finances the development of senior housing communities and medical facilities. It operates through two segments: Real Estate Investments and Senior Housing Operating Portfolio (SHOP). The Real Estate Investments segment, which generates the majority of revenue, includes real estate leases, mortgages, and other notes receivable related to independent living facilities, assisted living facilities, entrance fee communities, senior living campuses, skilled nursing facilities, and a hospital. The SHOP segment consists of ventures that own and operate independent living facilities. The company's revenues are derived from rental income, interest and other income, and resident fees and services.
83GF Score
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