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