National HealthCare Corporation (NHC)
Interest coverage
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 90,572 | 61,714 | 43,909 | 25,843 | 30,262 | 42,978 | 39,170 | 142,318 | 150,386 | 166,798 | 187,563 | 118,512 | 53,703 | 35,287 | 45,154 | 25,733 | 91,385 | 97,948 | 98,568 | 110,784 |
| Interest expense (ttm) | US$ in thousands | 324 | 380 | 440 | 496 | 563 | 639 | 700 | 766 | 845 | 906 | 993 | 1,231 | 1,399 | 1,641 | 2,120 | 2,621 | 3,135 | 3,678 | 4,084 | 4,383 |
| Interest coverage | 279.54 | 162.41 | 99.79 | 52.10 | 53.75 | 67.26 | 55.96 | 185.79 | 177.97 | 184.10 | 188.89 | 96.27 | 38.39 | 21.50 | 21.30 | 9.82 | 29.15 | 26.63 | 24.14 | 25.28 |
December 31, 2023 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $90,572K ÷ $324K
= 279.54
I'm sorry, but without specific values for interest coverage provided in the table, it is not possible to conduct a detailed analysis of National Healthcare Corp.'s interest coverage over the specified periods. For a more accurate assessment of the company's ability to meet its interest obligations, data points for interest expenses and earnings before interest and taxes (EBIT) would be required. If you could provide this additional information, I would be happy to assist you in analyzing the interest coverage ratio for National Healthcare Corp.
Peer comparison
Dec 31, 2023
Company name
Symbol
Interest coverage
National HealthCare Corporation
NHC
279.54
The Ensign Group Inc
ENSG
34.67