Highwoods Properties (HIW) Interest Coverage Ratio (2009 - 2018)
Highwoods Properties (HIW) posted Interest Coverage Ratio of 2.93 for Q4 2018, down 1.65% sequentially from 2.97 in Q3 2018, and up 11.67% YoY from 2.62 in Q4 2017.
Highwoods Properties (HIW) Interest Coverage Ratio (2009 - 2018) Analysis & Trends
Highwoods Properties has reported Interest Coverage Ratio for 10 years, with the latest figure at 2.93 in Q4 2018.
- Quarterly Interest Coverage Ratio rose 11.67% year-over-year to 2.93 in Q4 2018, while the trailing twelve-month figure through Dec 2018 was 3.43 (up 7.48% YoY) and the FY2018 annual result came in at 2.93, up 1.6% from the prior year.
- Interest Coverage Ratio eased to 2.93 in Q4 2018 per HIW's latest filing, from 2.97 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.57 in Q2 2017 and troughed at 1.11 in Q4 2014.
- A 5-year average of 2.2 and a median of 2.07 in 2016 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2017 and 2018: Interest Coverage Ratio jumped 106.31% in 2017, then plunged 53.82% in 2018.
- Over 5 years, Interest Coverage Ratio stood at 1.11 in 2014, then soared by 78.76% to 1.98 in 2015, then soared by 42.23% to 2.82 in 2016, then fell by 7.01% to 2.62 in 2017, then rose by 11.67% to 2.93 in 2018.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.93, 2.97, and 1.65 for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | - |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | -1.39 |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | 0.13 |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 2.34 |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | -0.40 |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | -4.99 |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | -1.11 |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 2.93 |
| Sep 30, 2018 | 2.97 |
| Jun 30, 2018 | 1.65 |
| Mar 31, 2018 | 2.83 |
| Dec 31, 2017 | 2.62 |
| Sep 30, 2017 | 3.02 |
| Jun 30, 2017 | 3.57 |
| Mar 31, 2017 | 2.06 |
| Dec 31, 2016 | 2.82 |
| Sep 30, 2016 | 1.46 |
| Jun 30, 2016 | 2.37 |
| Mar 31, 2016 | 2.07 |
| Dec 31, 2015 | 1.98 |
| Sep 30, 2015 | 1.64 |
| Jun 30, 2015 | 1.83 |
| Mar 31, 2015 | 1.65 |
| Dec 31, 2014 | 1.11 |
| Sep 30, 2014 | 1.76 |
| Jun 30, 2014 | 2.09 |
| Mar 31, 2014 | 1.53 |