National Health Investors, Inc. — Earnings Quality Grade F
NHI · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 83 days, change -19 days YoY
AR growth -8.7% vs revenue growth 12.1%
Revenue 12.1%, CFFO 13.9%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 8.1%, excellent (<30%)
Gross margin 97.1%, change +0.4pp. Stable
Cash Flow Quality
CFFO/NI = 1.66. Profits backed by cash
FCF $0.2B, FCF/NI = 1.66
Accruals ratio = -3.4%. Low accruals
Cash $0.0B covers only 2% of debt $1.2B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 4.2x (>4x). Financial stress
Other assets 0.0% vs revenue 12.1%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
No goodwill
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
National Health Investors, Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
