Forestar (FOR) Interest Coverage Ratio (2010 - 2018)

Forestar (FOR) reported Interest Coverage Ratio of 5.26 for Q2 2018, up 63.52% on a YoY basis from 3.22 in Q2 2017, and up 206.64% quarter-over-quarter from 1.71 in Q1 2018.

Forestar (FOR) Interest Coverage Ratio (2010 - 2018) Analysis & Trends

Forestar has reported Interest Coverage Ratio for 9 years, with the latest figure at 5.26 in Q2 2018.

  • For the quarter ending Q2 2018, Interest Coverage Ratio rose 63.52% year-over-year to 5.26; the trailing twelve-month figure through Mar 2019 stood at 7.31 (up 761.64% YoY), and the FY2018 full-year result was 2.54, changed N/A from the prior year.
  • Interest Coverage Ratio for Q2 2018 stood at 5.26, up from 1.71 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 24.76 in Q4 2016, with the low at 7.53 in Q4 2017.
  • Historically, Interest Coverage Ratio has averaged 4.02 across 5 years, with a median of 2.37 in 2014.
  • Annual changes were most pronounced in 2015 — Interest Coverage Ratio slumped 169.26% — and 2016, when it jumped 1379.78%.
  • Forestar's Interest Coverage Ratio stood at 1.91 in 2014, then jumped by 290.57% to 3.64 in 2015, then soared by 579.61% to 24.76 in 2016, then plunged by 130.42% to 7.53 in 2017, then soared by 169.82% to 5.26 in 2018.
  • The last three Interest Coverage Ratio figures came in at 5.26 (Q2 2018), 1.71 (Q1 2018), and 7.53 (Q4 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - -3.64
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 1.21
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn -
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn -
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn -
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn -7.42
7 Belpointe PREP 180.46 Mn 161.50 Mn - -
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn -
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 5.35
10 JFB Construction Holdings 88.07 Mn 62.81 Mn 681,192.00 -

Historic Data

Download Data
DateValue
Jun 30, 2018 5.26
Mar 31, 2018 1.71
Dec 31, 2017 -7.53
Sep 30, 2017 6.08
Jun 30, 2017 3.22
Mar 31, 2017 16.21
Dec 31, 2016 24.76
Sep 30, 2016 1.86
Jun 30, 2016 10.05
Mar 31, 2016 1.78
Dec 31, 2015 3.64
Sep 30, 2015 -1.02
Jun 30, 2015 0.68
Mar 31, 2015 -0.39
Dec 31, 2014 -1.91
Sep 30, 2014 1.47
Jun 30, 2014 3.66
Mar 31, 2014 2.89
Dec 31, 2013 4.48
Sep 30, 2013 2.03