Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2019)

Gladstone Land's quarterly Interest Coverage Ratio came in at 1.32 in Q4 2019, up 28.39% year-on-year from 1.03 in Q4 2018, and up 7.01% quarter-over-quarter from 1.24 in Q3 2019.

Gladstone Land has reported Interest Coverage Ratio for 8 years, with the latest figure at 1.32 in Q4 2019.

  • For the quarter ending Q4 2019, Interest Coverage Ratio rose 28.39% year-over-year to 1.32; the trailing twelve-month figure through Dec 2019 stood at 1.18 (up 18.46% YoY), and the FY2025 full-year result was 3.28, down 28.37% from the prior year.
  • Interest Coverage Ratio for Q4 2019 stood at 1.32, up from 1.24 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 1.33 in Q2 2017, with the low at 0.88 in Q2 2018.
  • Average Interest Coverage Ratio over 5 years is 1.12, with a median of 1.1 recorded in 2015.
  • Year-over-year, Interest Coverage Ratio surged 82.28% in 2015 and plunged 33.73% in 2018.
  • Tracing LAND's Interest Coverage Ratio over 5 years: stood at 1.29 in 2015, then gained by 1.43% to 1.31 in 2016, then declined by 19.19% to 1.06 in 2017, then dropped by 2.97% to 1.03 in 2018, then gained by 28.39% to 1.32 in 2019.
  • The last three Interest Coverage Ratio figures came in at 1.32 (Q4 2019), 1.24 (Q3 2019), and 1.16 (Q2 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 3.90
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 3.57
3 Digital Realty Trust 67.00 Bn 66.16 Bn - 2.30
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 1.92
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn -
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn -
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 3.74
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 4.87
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - 3.48
10 Gladstone Land 388.95 Mn 388.95 Mn - -

Historic Data

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DateValue
Dec 31, 2019 1.32
Sep 30, 2019 1.24
Jun 30, 2019 1.16
Mar 31, 2019 0.93
Dec 31, 2018 1.03
Sep 30, 2018 1.09
Jun 30, 2018 0.88
Mar 31, 2018 0.98
Dec 31, 2017 1.06
Sep 30, 2017 1.11
Jun 30, 2017 1.33
Mar 31, 2017 1.21
Dec 31, 2016 1.31
Sep 30, 2016 1.16
Jun 30, 2016 1.07
Mar 31, 2016 1.12
Dec 31, 2015 1.29
Sep 30, 2015 1.10
Jun 30, 2015 0.94
Mar 31, 2015 1.01
Dec 31, 2014 0.75
Sep 30, 2014 0.60
Jun 30, 2014 0.88
Mar 31, 2014 1.06
Dec 31, 2013 1.03
Sep 30, 2013 1.26
Jun 30, 2013 1.23
Mar 31, 2013 1.34
Dec 31, 2012 1.89
Sep 30, 2012 1.24
Jun 30, 2012 2.18