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Kindred Healthcare (Kindred Healthcare) Debt-to-EBITDA : 7.24 (As of Mar. 2018)


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What is Kindred Healthcare Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kindred Healthcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $14 Mil. Kindred Healthcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $3,266 Mil. Kindred Healthcare's annualized EBITDA for the quarter that ended in Mar. 2018 was $453 Mil. Kindred Healthcare's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 was 7.24.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Kindred Healthcare's Debt-to-EBITDA or its related term are showing as below:

KND's Debt-to-EBITDA is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.58
* Ranked among companies with meaningful Debt-to-EBITDA only.

Kindred Healthcare Debt-to-EBITDA Historical Data

The historical data trend for Kindred Healthcare's Debt-to-EBITDA 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.

* Premium members only.

Kindred Healthcare Debt-to-EBITDA Chart

Kindred Healthcare Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 8.59 12.15 29.26 -69.05

Kindred Healthcare Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.28 -25.07 12.37 -4.19 7.24

Competitive Comparison of Kindred Healthcare's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Kindred Healthcare's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Kindred Healthcare's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kindred Healthcare's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kindred Healthcare's Debt-to-EBITDA falls into.



Kindred Healthcare Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Kindred Healthcare's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.638 + 3146.972) / -45.788
=-69.05

Kindred Healthcare's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.482 + 3266.364) / 453.424
=7.24

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2018) EBITDA data.


Kindred Healthcare  (NYSE:KND) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Kindred Healthcare Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Kindred Healthcare's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Kindred Healthcare (Kindred Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
Kindred Healthcare Inc is a healthcare-services company in the United States that operates in four divisions: hospitals, Kindred at Home, Kindred Rehabilitation Services, and nursing centers. The hospital division provides long-term acute-care services through a network of transitional-care hospitals. The Kindred at Home division provides home health and hospice care for patients in their homes, nursing centers, and other residential settings. This segment contributes the majority of the firm's total revenue. The Rehabilitation Services division provides physical and occupational therapy to residents of nursing centers, hospitals, outpatient clinics, and assisted living facilities. Kindred's nursing center division operates nursing centers and assisted-care facilities.
Executives
Heyward R Donigan director 452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Phyllis R Yale director
Paul J Diaz director 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Joel Ackerman director COVENTRY HEALTH CARE, INC., 6705 ROCKLEDGE DR SUITE 900, BETHESDA MD 20817
Richard Goodman director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Christopher T Hjelm director C/O THE KROGER CO., 1014 VINE ST., CINCINNATI OH 45202
Stephen D Farber officer: EVP & Chief Financial Officer 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Jonathan David Blum director C/O YUM BRANDS INC, 1441 GARDINER LANE, LOUISVILLE KY 40213
Lynn T Simon director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Fred J Kleisner director C/O MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Sharad Mansukani director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Thomas P Cooper director PO BOX 3335, SANTA FE CA 92067
John H Short director 7733 FORSYTH BLVD.,, SUITE 2300, ST. LOUIS MO 63105
Edward L Kuntz director, other: Chairman of the Board
Richard A Lechleiter officer: Executive VP and CFO PO BOX 32890, LOUISVILLE KY 40232-2890