Medical Properties Trust: More Financial Distress Ahead

Labutes IR
4.06K Followers

Summary

  • Medical Properties Trust's dividend remains unsustainable following a recent cut and its liquidity position is expected to worsen in the next six months.
  • The company's cash flow generation capacity and balance sheet strength are concerning, and its dividend coverage based on free cash flow is poor.
  • MPW's cash flow from operations has been weak, and it will likely need to rely on asset sales and borrowing to meet its financial obligations.
Paramedics taking patient on stretcher from ambulance to hospital

JazzIRT

Medical Properties Trust (NYSE:MPW) dividend continues to be unsustainable following its recent cut in almost half, plus the company’s liquidity position is expected to turn quite concerning over the next six months.

As I’ve analyzed recently, MPW has reported relatively

This article was written by

4.06K Followers
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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