Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2019)
Gladstone Land (LAND) recorded quarterly Interest Coverage Ratio of 1.32 in Q4 2019, up 7.01% quarter-over-quarter from 1.24 in Q3 2019, and up 28.39% on a YoY basis from 1.03 in Q4 2018.
Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2019) Analysis & Trends
Gladstone Land's Interest Coverage Ratio history runs 8 years deep, the most recent figure standing at 1.32 for Q4 2019.
- In Q4 2019, Interest Coverage Ratio rose 28.39% year-over-year to 1.32; the TTM figure through Dec 2019 stood at 1.18 (up 18.46% YoY), while the FY2025 annual figure was 3.28, down 28.37% from the prior year.
- Interest Coverage Ratio was 1.32 for Q4 2019 at Gladstone Land, up from 1.24 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.33 in Q2 2017 to a low of 0.88 in Q2 2018.
- Historically, Interest Coverage Ratio has averaged 1.12 across 5 years, with a median of 1.1 in 2015.
- The sharpest annual moves came in 2015 and 2018: Interest Coverage Ratio soared 82.28% in 2015, then plunged 33.73% in 2018.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.29 in 2015, then rose by 1.43% to 1.31 in 2016, then dropped by 19.19% to 1.06 in 2017, then slipped by 2.97% to 1.03 in 2018, then rose 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 | 104.53 Bn | 101.50 Bn | 2.20 Bn | 3.90 |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 3.57 |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 2.30 |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 1.92 |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | - |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | - |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 3.74 |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 4.87 |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 3.48 |
| 10 | Gladstone Land | 358.92 Mn | 358.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |