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| Date | Value |
|---|---|
| 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 |