Global Partners (GLP) Interest Coverage Ratio (2010 - 2015)

Global Partners (GLP) reported Interest Coverage Ratio of 0.74 for Q4 2015, down 78.06% year-over-year from 3.38 in Q4 2014, and down 48.1% quarter-over-quarter from 1.43 in Q3 2015.

Global Partners (GLP) Interest Coverage Ratio (2010 - 2015) Analysis & Trends

Global Partners (GLP) has 6 years of Interest Coverage Ratio data on file, last reported at 0.74 in Q4 2015.

  • Interest Coverage Ratio for Q4 2015 came in at 0.74, down 78.06% year-over-year; the trailing twelve-month figure through Sep 2016 was 4.02 (down 282.59% YoY), and the FY2015 annual result was 1.56, down 54.91% from the prior year.
  • Interest Coverage Ratio eased to 0.74 in Q4 2015 per GLP's latest filing, from 1.43 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 6.17 in Q1 2014 and troughed at 1.31 in Q1 2013.
  • A 5-year average of 2.16 and a median of 1.76 in 2011 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2013 and 2015: Interest Coverage Ratio plunged 250.51% in 2013, then surged 27929.98% in 2015.
  • A 5-year view of Interest Coverage Ratio shows it stood at 1.81 in 2011, then surged by 85.33% to 3.36 in 2012, then advanced by 15.76% to 3.89 in 2013, then fell by 13.03% to 3.38 in 2014, then tumbled by 78.06% to 0.74 in 2015.
  • Business Quant data shows GLP's Interest Coverage Ratio at 0.74 in Q4 2015, 1.43 in Q3 2015, and 1.42 in Q2 2015.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.64
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 4.92
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.15
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -17.95
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.17
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 3.25
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 3.25
10 Global Partners 1.64 Bn 1.58 Bn 332.17 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2015 0.74
Sep 30, 2015 1.43
Jun 30, 2015 1.42
Mar 31, 2015 3.25
Dec 31, 2014 3.38
Sep 30, 2014 4.56
Jun 30, 2014 0.01
Mar 31, 2014 6.17
Dec 31, 2013 3.89
Sep 30, 2013 3.57
Jun 30, 2013 1.48
Mar 31, 2013 -1.31
Dec 31, 2012 3.36
Sep 30, 2012 1.71
Jun 30, 2012 2.71
Mar 31, 2012 0.87
Dec 31, 2011 1.81
Sep 30, 2011 1.23
Jun 30, 2011 0.89
Mar 31, 2011 2.05