Forestar (FOR) Interest Expenses (2010 - 2018)
Forestar (FOR) reported Interest Expenses of $1.6 million for Q2 2018, down 26.13% on a YoY basis from $2.2 million in Q2 2017, and down 23.81% quarter-over-quarter from $2.1 million in Q1 2018.
Forestar (FOR) Interest Expenses (2010 - 2018) Analysis & Trends
Forestar has reported Interest Expenses for 9 years, with the latest figure at $1.6 million in Q2 2018.
- For the quarter ending Q2 2018, Interest Expenses fell 26.13% year-over-year to $1.6 million; the trailing twelve-month figure through Mar 2019 stood at $1.6 million (down 80.96% YoY), and the FY2018 full-year result was $3.7 million, changed N/A from the prior year.
- Interest Expenses for Q2 2018 stood at $1.6 million, down from $2.1 million in the prior quarter.
- The five-year high for Interest Expenses was $8.8 million in Q1 2015, with the low at $1.6 million in Q2 2018.
- Historically, Interest Expenses has averaged $5.4 million across 5 years, with a median of $6.2 million in 2014.
- Annual changes were most pronounced in 2014 — Interest Expenses surged 71.73% — and 2016, when it plunged 74.94%.
- Forestar's Interest Expenses stood at $8.8 million in 2014, then slipped by 6.42% to $8.2 million in 2015, then sank by 74.94% to $2.1 million in 2016, then advanced by 1.99% to $2.1 million in 2017, then dropped by 23.81% to $1.6 million in 2018.
- The last three Interest Expenses figures came in at $1.6 million (Q2 2018), $2.1 million (Q1 2018), and $2.1 million (Q4 2017), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 19.89 Bn | 19.69 Bn | - | -19.00 Mn |
| 2 | Howard Hughes Holdings | 3.83 Bn | 2.06 Bn | 182.88 Mn | 41.79 Mn |
| 3 | Century Communities | 1.63 Bn | 1.55 Bn | 637.90 Mn | - |
| 4 | Forestar | 1.44 Bn | 1.08 Bn | 80.20 Mn | - |
| 5 | Five Point Holdings | 364.73 Mn | 1.50 Bn | 13.58 Mn | - |
| 6 | Sky Harbour | 315.28 Mn | 322.47 Mn | 7.09 Mn | 808,000.00 |
| 7 | Belpointe PREP | 182.32 Mn | 163.36 Mn | - | 5.29 Mn |
| 8 | Amrep | 139.91 Mn | 89.41 Mn | 14.23 Mn | - |
| 9 | Smith Douglas Homes | 119.50 Mn | 445.34 Mn | 40.45 Mn | 848,000.00 |
| 10 | JFB Construction Holdings | 91.63 Mn | 66.37 Mn | 681,192.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 1.60 Mn |
| Jun 30, 2018 | 1.60 Mn |
| Mar 31, 2018 | 2.10 Mn |
| Mar 31, 2018 | 2.10 Mn |
| Dec 31, 2017 | 2.10 Mn |
| Dec 31, 2017 | 2.10 Mn |
| Sep 30, 2017 | 2.04 Mn |
| Sep 30, 2017 | 2.04 Mn |
| Jun 30, 2017 | 2.17 Mn |
| Jun 30, 2017 | 2.17 Mn |
| Mar 31, 2017 | 2.24 Mn |
| Mar 31, 2017 | 2.24 Mn |
| Dec 31, 2016 | 2.06 Mn |
| Dec 31, 2016 | 2.06 Mn |
| Sep 30, 2016 | 3.37 Mn |
| Sep 30, 2016 | 3.37 Mn |
| Jun 30, 2016 | 6.92 Mn |
| Jun 30, 2016 | 6.92 Mn |
| Mar 31, 2016 | 7.64 Mn |
| Mar 31, 2016 | 7.64 Mn |