American Assets Trust (AAT) Interest Coverage Ratio (2010 - 2023)

American Assets Trust (AAT) reported Interest Coverage Ratio of 1.91 for Q3 2023, down 11.07% on a YoY basis from 2.14 in Q3 2022, and down 0.86% quarter-over-quarter from 1.92 in Q2 2023.

American Assets Trust (AAT) Interest Coverage Ratio (2010 - 2023) Analysis & Trends

American Assets Trust has reported Interest Coverage Ratio for 14 years, with the latest figure at 1.91 in Q3 2023.

  • For the quarter ending Q3 2023, Interest Coverage Ratio fell 11.07% year-over-year to 1.91; the trailing twelve-month figure through Jun 2024 stood at 7.47 (up 191.36% YoY), and the FY2021 full-year result was 1.7, up 2.84% from the prior year.
  • Interest Coverage Ratio for Q3 2023 stood at 1.91, down from 1.92 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 2.21 in Q3 2019, with the low at 0.06 in Q2 2019.
  • Historically, Interest Coverage Ratio has averaged 1.55 across 5 years, with a median of 1.83 in 2023.
  • Annual changes were most pronounced in 2019 — Interest Coverage Ratio sank 104.64% — and 2023, when it surged 251988.44%.
  • American Assets Trust's Interest Coverage Ratio stood at 2.17 in 2019, then plunged by 43.38% to 1.23 in 2020, then jumped by 39.29% to 1.71 in 2021, then gained by 25.1% to 2.14 in 2022, then declined by 11.07% to 1.91 in 2023.
  • The last three Interest Coverage Ratio figures came in at 1.91 (Q3 2023), 1.92 (Q2 2023), and 1.89 (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 4.75
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - -
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 0.48
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 1.05
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 0.35
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn -
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - 0.84
10 One Liberty Properties 510.56 Mn 490.30 Mn - 1.94

Historic Data

Download Data
DateValue
Sep 30, 2023 1.91
Jun 30, 2023 1.92
Mar 31, 2023 1.89
Sep 30, 2022 2.14
Jun 30, 2022 1.95
Mar 31, 2022 0.00
Dec 31, 2021 1.71
Sep 30, 2021 -0.01
Jun 30, 2021 1.78
Mar 31, 2021 1.43
Dec 31, 2020 1.23
Sep 30, 2020 1.53
Jun 30, 2020 1.72
Mar 31, 2020 2.14
Dec 31, 2019 2.17
Sep 30, 2019 2.21
Jun 30, 2019 -0.06
Mar 31, 2019 2.16
Dec 31, 2018 1.72
Sep 30, 2018 2.12