GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Healthcare Trust of America Inc (NYSE:HTA) » Definitions » Financial Strength

Healthcare Trust of America (Healthcare Trust of America) Financial Strength : 4 (As of Mar. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Healthcare Trust of America Financial Strength?

Healthcare Trust of America has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Healthcare Trust of America's Interest Coverage for the quarter that ended in Mar. 2022 was 2.02. Healthcare Trust of America's debt to revenue ratio for the quarter that ended in Mar. 2022 was 4.02. As of today, Healthcare Trust of America's Altman Z-Score is 0.96.


Competitive Comparison of Healthcare Trust of America's Financial Strength

For the REIT - Healthcare Facilities subindustry, Healthcare Trust of America's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution in the REITs Industry

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

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



Healthcare Trust of America Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

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

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

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

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Healthcare Trust of America's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(25 + 3225.11) / 808.008
=4.02

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Healthcare Trust of America has a Z-score of 0.96, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.96 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Healthcare Trust of America  (NYSE:HTA) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Healthcare Trust of America has the Financial Strength Rank of 4.


Healthcare Trust of America Financial Strength Related Terms

Thank you for viewing the detailed overview of Healthcare Trust of America's Financial Strength 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