Forestar (FOR) Times Interest Earned (2010 - 2018)
Forestar's (FOR) quarterly Times Interest Earned 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) Times Interest Earned (2010 - 2018) Analysis & Trends
Forestar (FOR) has reported Times Interest Earned for 9 consecutive years, with 1.45 the latest figure, recorded in Q2 2018.
- For the quarter ending Q2 2018, Times Interest Earned 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.
- Times Interest Earned advanced to 1.45 in Q2 2018 per FOR's latest filing, from 0.86 in the prior quarter.
- Across five years, Times Interest Earned topped out at 24.76 in Q4 2016 and bottomed at 7.53 in Q4 2017.
- Historically, Times Interest Earned has averaged 3.76 across 5 years, with a median of 1.82 in 2016.
- The sharpest annual moves came in 2015 and 2016: Times Interest Earned tumbled 169.26% in 2015, then surged 1379.78% in 2016.
- Over 5 years, Times Interest Earned 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, Times Interest Earned 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) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.92 Bn | 4.92 Bn | - | 4.19 |
| 2 | St Joe | 3.65 Bn | 3.53 Bn | 73.42 Mn | 7.96 |
| 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 | -7.58 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | - |
| 10 | Alset | 44.73 Mn | 24.99 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 |