JazzIRT
Medical Properties Trust (NYSE:MPW) does not enough liquidity to cover upcoming maturities over the next couple of years and a dividend cut seems to be just a matter of time, making it a poor income investment.
As I've analyzed
Can Medical Properties Trust Manage Its Debt Load?
Summary
- Medical Properties Trust does not have enough liquidity to cover upcoming debt maturities.
- Its cash position is likely to dwindle by year-end, making a dividend cut very likely as the company desperately needs to save cash.
- To avoid bankruptcy in the next couple of years, MPW is likely to become a forced asset seller.
Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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