NHPAP.PFD (National Healthcare Properties) Interest Coverage: 0.69 (As of Mar. 2026) — 214% Above Median


NHPAP.PFD National Healthcare Properties Inc NHPAP.PFD
33 GF Score
Price $23.50
! 7 Warning Signs
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What is National Healthcare Properties Interest Coverage?

National Healthcare Properties NHPAP.PFD +1.82% 33 Interest Coverage is 0.69 as of Mar. 2026, which is 214% above its 10-year median of 0.22. GuruFocus rates NHPAP.PFD with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 699 REITs companies, National Healthcare Properties ranks worse than 94.71% on this metric.

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 Healthcare Properties's Operating Income for the three months ended in Mar. 2026 was $10.16 Mil. National Healthcare Properties's Interest Expense for the three months ended in Mar. 2026 was $-14.67 Mil. National Healthcare Properties's interest coverage for the quarter that ended in Mar. 2026 was 0.69. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. National Healthcare Properties Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for National Healthcare Properties's Interest Coverage or its related term are showing as below:

NHPAP.PFD' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 0.22   Max: 0.51
Current: 0.51


NHPAP.PFD's Interest Coverage is ranked worse than
94.71% of 699 companies
in the REITs industry
Industry Median: 3.11 vs NHPAP.PFD: 0.51

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


National Healthcare Properties  (NAS:NHPAP.PFD) 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 Healthcare Properties Interest Coverage Related Terms


National Healthcare Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for National Healthcare Properties's Interest Coverage 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.

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.

National Healthcare Properties Interest Coverage Chart

National Healthcare Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.05 0.00 0.01 0.10 0.34

National Healthcare Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.00 0.48 0.56 0.31 0.69

NHPAP.PFD vs UHT, CHCT, SILA: Interest Coverage Comparison

For the REIT - Healthcare Facilities subindustry, National Healthcare Properties'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 Healthcare Properties Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, National Healthcare Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Healthcare Properties's Interest Coverage falls into.


NHPAP.PFD
33GF Score
National Healthcare Properties Inc NHPAP.PFD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Healthcare Properties 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

National Healthcare Properties's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, National Healthcare Properties's Interest Expense was $-61.28 Mil. Its Operating Income was $20.93 Mil. And its Long-Term Debt & Capital Lease Obligation was $524.50 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*20.93/-61.281
=0.34

National Healthcare Properties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, National Healthcare Properties's Interest Expense was $-14.67 Mil. Its Operating Income was $10.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $862.55 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.162/-14.671
=0.69

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.69 mean?
National Healthcare Properties (NHPAP.PFD) has a Interest Coverage of 0.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Healthcare Properties and its competitors. This is 214% above median its historical median of 0.22. Over the past decade, National Healthcare Properties' Interest Coverage has ranged from 0.01 to 0.51. According to the industry distribution chart, National Healthcare Properties ranks #662 out of 699 companies in the REITs industry, placing it in the top 94.7%.
Is National Healthcare Properties' Interest Coverage too high?
National Healthcare Properties' current Interest Coverage of 0.69 is 214% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.51. The REITs industry median Interest Coverage is 3.11. National Healthcare Properties' value of 0.69 is 77.8% below this industry median. Based on the distribution chart, National Healthcare Properties ranks #662 out of 699 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, National Healthcare Properties has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does National Healthcare Properties' Interest Coverage compare to UHT and CHCT?
According to the REITs industry distribution chart, National Healthcare Properties ranks #662 out of 699 companies for Interest Coverage. This places National Healthcare Properties in the lower half of its industry. The industry median Interest Coverage is 3.11. National Healthcare Properties' value of 0.69 is 77.8% below this benchmark. Historically, National Healthcare Properties' own Interest Coverage has ranged from 0.01 to 0.51 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 3.11, National Healthcare Properties has consistently been below 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 3.11, based on 699 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 Healthcare Properties's current Interest Coverage of 0.69 is 77.8% below 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 Healthcare Properties and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Healthcare Properties's current Interest Coverage is 0.69, which is 214% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Healthcare Properties stock overvalued right now?
National Healthcare Properties (NHPAP.PFD) has a current Interest Coverage of 0.69. The current Interest Coverage is 0.69, which is 214% above median its 10-year median of 0.22 and 77.8% below the REITs industry median of 3.11. National Healthcare Properties' overall GF Score™ is 33/100 with 7 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 Healthcare Properties (NHPAP.PFD), the current Interest Coverage is 0.69 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.

National Healthcare Properties Business Description

Industry Real EstateREITs
Other Exchanges NHP:USA
Address 540 Madison Avenue, 27th Floor, New York, NY, USA, 10022
National Healthcare Properties Inc is a publicly registered real estate investment trust. It is focused on acquiring, owning, and managing a diversified portfolio of healthcare real estate assets focused on senior housing operating properties (SHOP) and outpatient medical facilities (OMF) in the United States. The company operates in two reportable business segments: SHOP and OMF. The SHOP segment consists of assisted living communities, memory care communities and independent living communities, which are focused on needs-based assisted living and memory care. The OMF segment consists of physicians' offices and examination rooms, hospitals, pharmacies, hospital ancillary service space and other outpatient services. The majority of revenue is derived from the SHOP segment.
33GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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