GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare Realty Trust Inc (NYSE:HR) » Definitions » Interest Coverage
中文

Healthcare Realty Trust (Healthcare Realty Trust) Interest Coverage

: 0.24 (As of Dec. 2023)
View and export this data going back to 1993. Start your Free Trial

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 Realty Trust's Operating Income for the three months ended in Dec. 2023 was $14 Mil. Healthcare Realty Trust's Interest Expense for the three months ended in Dec. 2023 was $-61 Mil. Healthcare Realty Trust's interest coverage for the quarter that ended in Dec. 2023 was 0.24. The higher the ratio, the stronger the company's financial strength is.

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

HR' s Interest Coverage Range Over the Past 10 Years
Min: 0.22   Med: 1.52   Max: 1.95
Current: 0.22


HR's Interest Coverage is ranked worse than
98.52% of 677 companies
in the REITs industry
Industry Median: 2.98 vs HR: 0.22

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 Realty Trust Interest Coverage Historical Data

The historical data trend for Healthcare Realty Trust'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 Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.46 1.61 0.59 0.22

Healthcare Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.35 0.19 0.22 0.22 0.24

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Healthcare Realty Trust'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 Realty Trust Interest Coverage Distribution

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

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



Healthcare Realty Trust 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 Realty Trust's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Healthcare Realty Trust's Interest Expense was $-249 Mil. Its Operating Income was $54 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,949 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*54.218/-248.584
=0.22

Healthcare Realty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Healthcare Realty Trust's Interest Expense was $-61 Mil. Its Operating Income was $14 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,949 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*14.421/-60.977
=0.24

* 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 Realty Trust  (NYSE:HR) 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 Realty Trust Interest Coverage Related Terms

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


Healthcare Realty Trust (Healthcare Realty Trust) Business Description

Traded in Other Exchanges
Address
3310 West End Avenue, Suite 700, Nashville, TN, USA, 37203
Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.
Executives
Robert E Hull officer: EVP - Investments 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Julie F. Wilson officer: EVP - Operations 3310 WEST END AVENUE, SUITE 700, ATTENTION: ANDREW LOOPE, NASHVILLE TN 37203
John Knox Singleton director
Kilroy James Joseph Iv director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
Ajay Gupta director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Bryant John M Jr officer: EVP and General Counsel 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
J Christopher Douglas officer: EVP and CFO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Amanda L Callaway officer: SVP & Chief Accounting Officer 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Todd J Meredith director, officer: President and CEO 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Christann M Vasquez director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Lyle Peter F Sr director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
John V Abbott director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Reshma Block director 16435 N SCOTTSDALE ROAD, SUITE 320, SCOTTSDALE AZ 85254