National Health Investors Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Property, Plant & Equipment	2,303	2,211	2,107	2,118	2,318	2,667
Cash & Equivalents	81.63	24.29	22.35	19.29	37.41	43.34
Accounts Receivable	84.69	93.61	89.63	81.86	99.41	98.3
Restricted Cash	-	2.21	2.27	2.23	2.07	3
Other Current Assets	6.21	6.21	11.21	49.51	72.61	6.21
Deferred Long-Term Charges	5.7	7.88	10.67	3.19	9.55	9.78
Total Assets	2,690	2,614	2,488	2,507	2,839	3,120
Current Portion of Long-Term Debt	175	325.82	-	-	-	7.15
Current Portion of Leases	-	1.69	1.71	-	-	-
Long-Term Debt	934.07	820.23	1,135	1,148	1,243	1,499
Accounts Payable	26.99	28.43	24.82	25.22	18.18	18.04
Other Current Liabilities	51.49	48.77	46.85	39.73	46.27	49.82
Long-Term Unearned Revenue	4.02	4.28	6.01	5.05	5.73	12.61
Other Long-Term Liabilities	-	-	-	-	8.84	10.64
Total Liabilities	1,192	1,229	1,214	1,218	1,322	1,598
Common Stock	0.48	0.46	0.43	0.43	0.46	0.45
Additional Paid-In Capital	1,876	1,737	1,604	1,599	1,591	1,541
Distributions in Excess of Earnings	-395.38	-370.81	-350.24	-329.64	-84.56	-22.02
Comprehensive Income & Other	-	-	-	-	-	-7.15
Total Common Equity	1,481	1,366	1,254	1,270	1,507	1,512
Minority Interest	17.6	18.7	20.1	19.68	9.9	10.71
Shareholders' Equity	1,498	1,385	1,274	1,290	1,517	1,523
Total Liabilities & Equity	2,690	2,614	2,488	2,507	2,839	3,120
Total Debt	1,109	1,148	1,137	1,148	1,243	1,506
Net Cash (Debt)	-1,027	-1,123	-1,114	-1,128	-1,205	-1,463
Net Cash Per Share	-22.12	-25.47	-25.68	-25.19	-26.36	-32.73
Filing Date Shares Outstanding	47.64	45.69	43.41	43.39	45.85	45.19
Total Common Shares Outstanding	47.64	45.69	43.41	43.39	45.85	45.19
Book Value Per Share	31.09	29.91	28.89	29.28	32.87	33.47
Tangible Book Value	1,481	1,366	1,254	1,270	1,507	1,512
Tangible Book Value Per Share	31.09	29.91	28.89	29.28	32.87	33.47
Land	209.44	191.91	180.75	177.53	186.66	220.36
Buildings	2,882	2,751	2,594	2,549	2,707	3,042
Construction In Progress	12.47	10.57	5.91	3.35	0.47	3.09

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.