Forestar (FOR) Interest Expenses (2010 - 2018)
Forestar's (FOR) quarterly Interest Expenses came in at $5.8 million in Q2 2018, up 167.77% on a YoY basis from $2.2 million in Q2 2017, and up 38.1% quarter-over-quarter from $4.2 million in Q1 2018.
Analysis
Forestar (FOR) Interest Expenses (2010 - 2018) Analysis & Trends
Forestar (FOR) has reported Interest Expenses for 9 consecutive years, with $5.8 million the latest figure, recorded in Q2 2018.
- For the quarter ending Q2 2018, Interest Expenses rose 167.77% year-over-year to $5.8 million; the trailing twelve-month figure through Sep 2019 stood at $5.8 million (changed N/A YoY), and the FY2018 full-year result was $3.7 million, changed N/A from the prior year.
- Interest Expenses advanced to $5.8 million in Q2 2018 per FOR's latest filing, from $4.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $8.8 million in Q1 2015 and bottomed at $2.0 million in Q3 2017.
- Historically, Interest Expenses has averaged $5.7 million across 5 years, with a median of $6.4 million in 2016.
- The sharpest annual moves came in 2016 and 2018: Interest Expenses sank 74.94% in 2016, then surged 167.77% in 2018.
- Over 5 years, Interest Expenses stood at $8.8 million in 2014, then declined by 6.42% to $8.2 million in 2015, then tumbled by 74.94% to $2.1 million in 2016, then grew by 1.99% to $2.1 million in 2017, then soared by 176.19% to $5.8 million in 2018.
- According to Business Quant data, Interest Expenses over the past three periods registered $5.8 million, $4.2 million, and $2.1 million for Q2 2018, Q1 2018, and Q4 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.92 Bn | 4.92 Bn | - | 40.01 Mn |
| 2 | St Joe | 3.65 Bn | 3.53 Bn | 73.42 Mn | 6.88 Mn |
| 3 | Forestar | 1.35 Bn | 959.54 Mn | 84.10 Mn | - |
| 4 | Five Point Holdings | 740.43 Mn | 391.06 Mn | -23.72 Mn | - |
| 5 | Tejon Ranch | 434.77 Mn | 419.71 Mn | - | - |
| 6 | Maui Land & Pineapple | 320.89 Mn | 320.89 Mn | 2.37 Mn | - |
| 7 | Stratus Properties | 149.69 Mn | 149.69 Mn | -1.91 Mn | - |
| 8 | Global Asset Management | 90.87 Mn | 90.80 Mn | 3,274.00 | 52,320.00 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | - |
| 10 | Alset | 44.73 Mn | 24.99 Mn | 83,877.00 | 3,365.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2018 | 5.80 Mn |
| Mar 31, 2018 | 4.20 Mn |
| Dec 31, 2017 | 2.10 Mn |
| Sep 30, 2017 | 2.04 Mn |
| Jun 30, 2017 | 2.17 Mn |
| Mar 31, 2017 | 2.24 Mn |
| Dec 31, 2016 | 2.06 Mn |
| Sep 30, 2016 | 3.37 Mn |
| Jun 30, 2016 | 6.92 Mn |
| Mar 31, 2016 | 7.64 Mn |
| Dec 31, 2015 | 8.22 Mn |
| Sep 30, 2015 | 8.32 Mn |
| Jun 30, 2015 | 8.72 Mn |
| Mar 31, 2015 | 8.82 Mn |
| Dec 31, 2014 | 8.78 Mn |
| Sep 30, 2014 | 8.63 Mn |
| Jun 30, 2014 | 7.37 Mn |
| Mar 31, 2014 | 5.50 Mn |
| Dec 31, 2013 | 5.11 Mn |
| Sep 30, 2013 | 5.23 Mn |