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
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 |
| 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 |