Forestar (FOR) Interest Coverage Ratio (2010 - 2018)
Forestar's (FOR) quarterly Interest Coverage Ratio came in at 1.45 in Q2 2018, down 54.89% on a YoY basis from 3.22 in Q2 2017, and up 69.18% quarter-over-quarter from 0.86 in Q1 2018.
Analysis
Forestar (FOR) Interest Coverage Ratio (2010 - 2018) Analysis & Trends
Forestar (FOR) has reported Interest Coverage Ratio for 9 consecutive years, with 1.45 the latest figure, recorded in Q2 2018.
- For the quarter ending Q2 2018, Interest Coverage Ratio fell 54.89% year-over-year to 1.45; the trailing twelve-month figure through Sep 2019 stood at 7.42 (changed N/A YoY), and the FY2018 full-year result was 2.54, changed N/A from the prior year.
- Interest Coverage Ratio advanced to 1.45 in Q2 2018 per FOR's latest filing, from 0.86 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 24.76 in Q4 2016 and bottomed at 7.53 in Q4 2017.
- Historically, Interest Coverage Ratio has averaged 3.76 across 5 years, with a median of 1.82 in 2016.
- The sharpest annual moves came in 2015 and 2016: Interest Coverage Ratio tumbled 169.26% in 2015, then surged 1379.78% in 2016.
- Over 5 years, Interest Coverage Ratio stood at 1.91 in 2014, then soared by 290.57% to 3.64 in 2015, then surged by 579.61% to 24.76 in 2016, then slumped by 130.42% to 7.53 in 2017, then surged by 119.26% to 1.45 in 2018.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.45, 0.86, and 7.53 for Q2 2018, Q1 2018, and Q4 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 5.02 Bn | 5.02 Bn | - | 4.19 |
| 2 | St Joe | 3.63 Bn | 3.51 Bn | 73.42 Mn | 7.96 |
| 3 | Forestar | 1.35 Bn | 950.85 Mn | 84.10 Mn | - |
| 4 | Five Point Holdings | 747.85 Mn | 398.47 Mn | -23.72 Mn | - |
| 5 | Tejon Ranch | 438.01 Mn | 422.95 Mn | - | - |
| 6 | Maui Land & Pineapple | 319.39 Mn | 319.39 Mn | 2.37 Mn | - |
| 7 | Stratus Properties | 149.37 Mn | 149.37 Mn | -1.91 Mn | - |
| 8 | Global Asset Management | 105.68 Mn | 105.62 Mn | 3,274.00 | -7.58 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | - |
| 10 | Alset | 48.23 Mn | 28.50 Mn | 83,877.00 | -532.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2018 | 1.45 |
| Mar 31, 2018 | 0.86 |
| 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 |