Alexanders (ALX) Interest Coverage Ratio (2010 - 2018)
Alexanders' Interest Coverage Ratio came in at 2.00 for Q4 2018, down 25.2% from 2.67 a year earlier and down 2.8% from the prior quarter.
Analysis
Alexanders (ALX) Interest Coverage Ratio (2010 - 2018) Analysis & Trends
For FY2018, Alexanders' Interest Coverage Ratio was 2.26, down 32.4% from FY2017.
- Going back by year, Interest Coverage Ratio was 3.34 in FY2017 (-29.5%), 4.74 in FY2016 (+20.7%), 3.93 in FY2015 (+30.3%) and 3.02 in FY2014 (+37.7%).
- The Q4 2018 figure represents the lowest quarterly Interest Coverage Ratio since Q4 2010.
- Year-over-year, Interest Coverage Ratio has declined for nine consecutive quarters, with an average decline of 30.3% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2015 (growth of 67.2%), and the weakest in Q4 2017 (a decline of 41.8%).
- Business Quant data shows ALX's Interest Coverage Ratio at 2.06 (Q3 2018), 2.41 (Q2 2018) and 2.65 (Q1 2018) in the three quarters before Q4 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | Alexanders | 1.26 Bn | 464.11 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 2.00 |
| Sep 30, 2018 | 2.06 |
| Jun 30, 2018 | 2.41 |
| Mar 31, 2018 | 2.65 |
| Dec 31, 2017 | 2.67 |
| Sep 30, 2017 | 3.04 |
| Jun 30, 2017 | 3.67 |
| Mar 31, 2017 | 4.40 |
| Dec 31, 2016 | 4.60 |
| Sep 30, 2016 | 4.65 |
| Jun 30, 2016 | 4.85 |
| Mar 31, 2016 | 4.87 |
| Dec 31, 2015 | 5.41 |
| Sep 30, 2015 | 3.91 |
| Jun 30, 2015 | 3.45 |
| Mar 31, 2015 | 3.51 |
| Dec 31, 2014 | 3.24 |
| Sep 30, 2014 | 3.27 |
| Jun 30, 2014 | 3.16 |
| Mar 31, 2014 | 2.53 |
API Access
Alexanders Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ALX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ALX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=ALX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();