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Universal Health Realtyome Trust (Universal Health Realtyome Trust) Interest Coverage : 1.36 (As of Dec. 2023)


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What is Universal Health Realtyome Trust 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. Universal Health Realtyome Trust's Operating Income for the three months ended in Dec. 2023 was $8.16 Mil. Universal Health Realtyome Trust's Interest Expense for the three months ended in Dec. 2023 was $-6.00 Mil. Universal Health Realtyome Trust's interest coverage for the quarter that ended in Dec. 2023 was 1.36. 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. Universal Health Realty Income Trust interest coverage is 1.42, which is low.

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

UHT' s Interest Coverage Range Over the Past 10 Years
Min: 1.42   Med: 2.49   Max: 3.28
Current: 1.42


UHT's Interest Coverage is ranked worse than
80.06% of 677 companies
in the REITs industry
Industry Median: 2.98 vs UHT: 1.42

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


Universal Health Realtyome Trust Interest Coverage Historical Data

The historical data trend for Universal Health Realtyome 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.

Universal Health Realtyome Trust Interest Coverage Chart

Universal Health Realtyome 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 2.44 3.15 3.28 2.77 1.42

Universal Health Realtyome 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 2.12 1.63 1.36 1.37 1.36

Competitive Comparison of Universal Health Realtyome Trust's Interest Coverage

For the REIT - Healthcare Facilities subindustry, Universal Health Realtyome 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.


Universal Health Realtyome Trust's Interest Coverage Distribution in the REITs Industry

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

* The bar in red indicates where Universal Health Realtyome Trust's Interest Coverage falls into.



Universal Health Realtyome 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.

Universal Health Realtyome 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, Universal Health Realtyome Trust's Interest Expense was $-22.03 Mil. Its Operating Income was $31.35 Mil. And its Long-Term Debt & Capital Lease Obligation was $43.81 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*31.349/-22.029
=1.42

Universal Health Realtyome Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Universal Health Realtyome Trust's Interest Expense was $-6.00 Mil. Its Operating Income was $8.16 Mil. And its Long-Term Debt & Capital Lease Obligation was $43.81 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*8.155/-5.999
=1.36

* 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.


Universal Health Realtyome Trust  (NYSE:UHT) 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 .


Universal Health Realtyome Trust Interest Coverage Related Terms

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


Universal Health Realtyome Trust (Universal Health Realtyome Trust) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, P.O. Box 61558, Universal Corporate Center, King of Prussia, PA, USA, 19406-0958
Universal Health Realty Income Trust is a healthcare REIT. The company is engaged in the business of investing in and leasing healthcare and human service facilities through direct ownership or through joint ventures, which aggregate into a single reportable segment. The company actively manages a portfolio of healthcare and human service facilities. The revenue and net income are generated from the operation of the investment portfolio which is located throughout the United States.
Executives
Alan B Miller director, officer: Chairman, President and CEO 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Robert F Mccadden other: Trustee C/O PENN. REAL ESTATE INVESTMENT TRUST, 200 SOUTH BROAD STREET, PHILADELPHIA PA 19102
Rebecca A Guzman director 1201 NORTH MARKET STREET, SUITE 501, WILMINGTON DE 19801-1659
Karla J Peterson officer: Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Michael Allan Domb director 1845 WALNUT STREET, SUITE 2200, PHILADELPHIA PA 19103
James P Morey director 334 AUBREY ROAD, WYNNEWOOD PA 19096
Gayle L Capozzalo director 789 HOWARD AVENUE, 1059 CLINIC BUILDING, NEW HAVEN CT 06519
Charles F Boyle officer: Vice President and CFO 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Randall C Stein other: Trustee 940 HAVERFORD ROAD, BRYN MAWR PA 19010
Marc D Miller other: Trustee 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Cheryl K Ramagano officer: VP, Treasurer & Secretary 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Miles L Berger other: Trustee
Myles H Tanenbaum other: Trustee
Sussman Elliot J Md Mba other: Trustee
Dalton James E Jr other: Trustee 6505 EDINBURGH DR, NASHVILLE TN 37221