Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2018)

Gladstone Land's (LAND) quarterly Interest Coverage Ratio came in at 1.09 in Q3 2018, down 2.06% year-on-year from 1.11 in Q3 2017, and up 23.59% quarter-over-quarter from 0.88 in Q2 2018.

Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2018) Analysis & Trends

Gladstone Land's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 1.09 for Q3 2018.

  • On a quarterly basis, Interest Coverage Ratio fell 2.06% year-over-year to 1.09 in Q3 2018; TTM through Sep 2018 was 1.02, a 17.27% decrease from a year earlier, with the FY2025 full-year figure at 0.46, down 61.51% from the prior year.
  • Interest Coverage Ratio rose to 1.09 in Q3 2018 per LAND's latest filing, from 0.88 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 5.14 in Q4 2015 and bottomed at 0.02 in Q3 2014.
  • The 5-year median for Interest Coverage Ratio is 1.09 (2018), against an average of 1.08.
  • Across the five-year window, Interest Coverage Ratio sank 94.88% in 2014 and soared 6974.28% in 2015, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.75 in 2014, then jumped by 585.99% to 5.14 in 2015, then sank by 73.94% to 1.34 in 2016, then fell by 15.3% to 1.13 in 2017, then dropped by 4.35% to 1.09 in 2018.
  • Per Business Quant, the three latest LAND Interest Coverage Ratio figures stand at 1.09 (Q3 2018), 0.88 (Q2 2018), and 0.98 (Q1 2018).
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Equinix 103.05 Bn 99.99 Bn 1.26 Bn 3.90
2 American Tower 77.66 Bn 77.54 Bn 2.70 Bn 1.56
3 Digital Realty Trust 67.48 Bn 65.06 Bn - 1.83
4 Iron Mountain 37.71 Bn 37.46 Bn 1.05 Bn 1.16
5 Crown Castle 32.38 Bn 32.33 Bn 23.00 Mn 1.92
6 Sba Communications 18.28 Bn 18.28 Bn 532.10 Mn 2.21
7 Weyerhaeuser 17.26 Bn 16.96 Bn 318.00 Mn 3.74
8 Lamar Advertising 16.38 Bn 16.34 Bn 344.69 Mn 1.23
9 Gaming & Leisure Properties 12.82 Bn 12.82 Bn - 0.39
10 Gladstone Land 348.46 Mn 348.46 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2018 1.09
Jun 30, 2018 0.88
Mar 31, 2018 0.98
Dec 31, 2017 1.13
Sep 30, 2017 1.11
Jun 30, 2017 1.33
Mar 31, 2017 1.21
Dec 31, 2016 1.34
Sep 30, 2016 1.16
Jun 30, 2016 1.07
Mar 31, 2016 1.12
Dec 31, 2015 5.14
Sep 30, 2015 1.10
Jun 30, 2015 0.94
Mar 31, 2015 0.06
Dec 31, 2014 0.75
Sep 30, 2014 0.02
Jun 30, 2014 0.06
Mar 31, 2014 0.07
Dec 31, 2013 1.32