Gladstone Land (LAND) Interest Coverage Ratio (2012 - 2018)
Gladstone Land (LAND) posted quarterly Interest Coverage Ratio of 1.09 for Q3 2018, down 2.06% year-over-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.
- In Q3 2018, Interest Coverage Ratio fell 2.06% year-over-year to 1.09; the TTM figure through Sep 2018 stood at 1.02 (down 16.95% YoY), while the FY2025 annual figure was 0.46, down 61.51% from the prior year.
- Interest Coverage Ratio for Q3 2018 stood at 1.09, up from 0.88 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 5.14 in Q4 2015, with the low at 0.02 in Q3 2014.
- The 5-year median for Interest Coverage Ratio is 1.09 (2018), against an average of 1.08.
- The sharpest annual moves came in 2014 and 2015: Interest Coverage Ratio plunged 94.88% in 2014, then soared 6974.28% in 2015.
- Gladstone Land's Interest Coverage Ratio stood at 0.75 in 2014, then soared by 585.99% to 5.14 in 2015, then tumbled by 74.46% to 1.31 in 2016, then fell by 13.59% to 1.13 in 2017, then slipped by 4.35% to 1.09 in 2018.
- Business Quant data shows LAND's Interest Coverage Ratio at 1.09 in Q3 2018, 0.88 in Q2 2018, and 0.98 in Q1 2018.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.14 Bn | 102.92 Bn | 1.40 Bn | 4.40 |
| 2 | American Tower | 82.11 Bn | 80.34 Bn | 2.72 Bn | 3.58 |
| 3 | Digital Realty Trust | 67.60 Bn | 65.74 Bn | - | 4.10 |
| 4 | Iron Mountain | 36.35 Bn | 36.15 Bn | 1.07 Bn | - |
| 5 | Crown Castle | 32.72 Bn | 31.68 Bn | 989.00 Mn | 2.26 |
| 6 | Sba Communications | 19.39 Bn | 19.39 Bn | 539.27 Mn | - |
| 7 | Weyerhaeuser | 17.58 Bn | 17.05 Bn | 311.00 Mn | 3.38 |
| 8 | Lamar Advertising | 15.26 Bn | 15.19 Bn | 422.53 Mn | 5.06 |
| 9 | Gaming & Leisure Properties | 12.42 Bn | 12.42 Bn | - | 3.30 |
| 10 | Gladstone Land | 372.68 Mn | 372.68 Mn | 12.44 Mn | -0.98 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.31 |
| 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 |