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Healthcare Trust of America (Healthcare Trust of America) Interest Coverage : 2.02 (As of Mar. 2022)


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What is Healthcare Trust of America Interest Coverage?

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. Healthcare Trust of America's Operating Income for the three months ended in Mar. 2022 was $48.3 Mil. Healthcare Trust of America's Interest Expense for the three months ended in Mar. 2022 was $-23.9 Mil. Healthcare Trust of America's interest coverage for the quarter that ended in Mar. 2022 was 2.02. The higher the ratio, the stronger the company's financial strength is.

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

HTA' s Interest Coverage Range Over the Past 10 Years
Min: 1.36   Med: 1.65   Max: 1.92
Current: 1.92


HTA's Interest Coverage is not ranked
in the REITs industry.
Industry Median: 2.975 vs HTA: 1.92

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


Healthcare Trust of America Interest Coverage Historical Data

The historical data trend for Healthcare Trust of America'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.

* Premium members only.

Healthcare Trust of America Interest Coverage Chart

Healthcare Trust of America Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.58 1.54 1.75 1.90

Healthcare Trust of America Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.96 1.96 1.92 1.78 2.02

Competitive Comparison of Healthcare Trust of America's Interest Coverage

For the REIT - Healthcare Facilities subindustry, Healthcare Trust of America'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.


Healthcare Trust of America's Interest Coverage Distribution in the REITs Industry

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

* The bar in red indicates where Healthcare Trust of America's Interest Coverage falls into.



Healthcare Trust of America 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.

Healthcare Trust of America's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Healthcare Trust of America's Interest Expense was $-92.8 Mil. Its Operating Income was $176.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,224.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*176.645/-92.762
=1.90

Healthcare Trust of America's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Healthcare Trust of America's Interest Expense was $-23.9 Mil. Its Operating Income was $48.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $3,225.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*48.284/-23.94
=2.02

* 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.


Healthcare Trust of America  (NYSE:HTA) 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 .


Healthcare Trust of America Interest Coverage Related Terms

Thank you for viewing the detailed overview of Healthcare Trust of America's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthcare Trust of America (Healthcare Trust of America) Business Description

Traded in Other Exchanges
N/A
Address
16435 North Scottsdale Road, Suite 320, Scottsdale, AZ, USA, 85254
Healthcare Trust of America Inc is a healthcare facility REIT. The company operates one segment, which engages in acquiring and operating medical office buildings. The company generates all of its revenue in the United States. It relies on its in-house leasing platform in order to generate scale, maximize expense efficiency, and build tenant relationships. Its strategy focuses on stable cash flows with relatively low vacancy risk, with consideration of merger and acquisition investment to supplement its operational growth strategy.
Executives
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Amanda Houghton officer: EVP ? Asset Management 16435 N. SCOTTSDALE ROAD #320, SCOTTSDALE AZ 85254
Robert A Milligan officer: EVP - Corporate Finance 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Warren D Fix director 8261 E. 21ST STREET NORTH, SUITE 200, WICHTA KS 67206-2991
Blair W Bradley Ii director C/O GOLF TRUST OF AMERICA INC, 14 N. ADGERS WHARF, CHARLESTON SC 29401
Vicki U Booth director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Henry Lee Cooper director C/O WALGREENS BOOTS ALLIANCE, INC., 108 WILMOT ROAD, DEERFIELD IL 60015
Jay P Leupp director 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Scott D Peters director, officer: CEO, President & Chairman 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Daniel S Henson director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Roberta B Bowman director C/O HEALTHCARE TRUST OF AMERICA, INC., 16435 N. SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254
Peter N Foss director 4725 PIEDMONT ROW DRIVE, CHARLOTTE NC 28210
Mark David Engstrom officer: EVP - Acquisitions 16427 N. SCOTTSDALE ROAD, SUITE 440, SCOTTSDALE AZ 85254
Maurice J Dewald director C/O TARGETED MEDICAL PHARMA, INC., 2980 BEVERLY GLEN CIRCLE, SUITE 100, LOS ANGELES CA 90077