NHC (National Healthcare) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is National Healthcare LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. National Healthcare's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

National Healthcare's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.12). It may suggest that National Healthcare is progressively becoming more dependent on debt to grow their business.

National Healthcare LT-Debt-to-Total-Asset Historical Data

The historical data trend for National Healthcare's LT-Debt-to-Total-Asset 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.

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National Healthcare LT-Debt-to-Total-Asset Chart

National Healthcare Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.10

0.07

0.05

0.12

National Healthcare Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.04	0.04	0.12	0.12

National Healthcare LT-Debt-to-Total-Asset Calculation

National Healthcare's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	175.425	/	1524.429
	=	0.12

National Healthcare's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	175.425	/	1524.429
	=	0.12

National Healthcare (AMEX:NHC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

National Healthcare LT-Debt-to-Total-Asset Related Terms

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National Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » National Healthcare Corp (AMEX:NHC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 East Vine Street, Murfreesboro, TN, USA, 37130

Website

https://www.nhccare.com

National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.

Executives

National Health Corp	10 percent owner	100 E. VINE STREET, MURFREESBORO TN 37130
Brian F Kidd	officer: SVP, Controller, Prin.Acct.Ofc	100 VINE ST., MURFREESBORO TN 37130
James Paul Abernathy	director	2102 GREENLAND DRIVE, MURFREESBORO TN 37130
Stephen Fowler Flatt	officer: Senior V.P. for Development	100 VINE STREET, SUITE 1200, MURFREESBORO TN 37130
Emil E Hassan	director
Robert G Adams	director, officer: Sr. Vice President & COO	P.O. BOX 1398, MURFREESBORO TN 37133-1398
W Andrew Adams	director, officer: CEO	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Laroche Richard F Jr	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Burgess Ernest G Iii	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Sandra Y. Trail	director	100 VINE STREET, MURFREESBORO TN 37130
Robert Michael Ussery	officer: Senior V.P., Operations	100 VINE STREET, SUITE 1400, P. O. BOX 1398, MURFREESBORO TN 37130
Vicki L Dodson	officer: Sr.VP Patient Srvcs & CNO	100 VINE STREET, MURFREESBORO TN 37130
Josh A Mccreary	officer: Senior VP & General Counsel	100 VINE STREET, MURFREESBORO TN 37130
John K Lines	officer: Senior V.P. & General Counsel	601 S. HARBOUR ISLAND BLVD., SUITE 220, TAMPA FL 33602
Jeffrey Russell Smith	officer: SVP & Treasurer	100 VINE ST., MURFREESBORO TN 37130