Optimum Communications (OPTU) Interest Coverage Ratio (2016 - 2022)
Optimum Communications (OPTU) reported Interest Coverage Ratio of 1.69 for Q1 2022, down 12.18% on a YoY basis from 1.92 in Q1 2021, and down 11.99% quarter-over-quarter from 1.92 in Q4 2021.
Optimum Communications (OPTU) Interest Coverage Ratio (2016 - 2022) Analysis & Trends
Optimum Communications has reported Interest Coverage Ratio for 7 years, with the latest figure at 1.69 in Q1 2022.
- For the quarter ending Q1 2022, Interest Coverage Ratio fell 12.18% year-over-year to 1.69; the trailing twelve-month figure through Dec 2022 stood at 5.94 (up 198.14% YoY), and the FY2021 full-year result was 1.99, up 27.43% from the prior year.
- Interest Coverage Ratio for Q1 2022 stood at 1.69, down from 1.92 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.16 in Q3 2021, with the low at 0.83 in Q1 2018.
- Historically, Interest Coverage Ratio has averaged 1.47 across 5 years, with a median of 1.33 in 2018.
- Annual changes were most pronounced in 2018 — Interest Coverage Ratio soared 307.96% — and 2019, when it declined 14.78%.
- Optimum Communications' Interest Coverage Ratio stood at 1.33 in 2018, then decreased by 14.78% to 1.13 in 2019, then soared by 71.79% to 1.94 in 2020, then retreated by 1.08% to 1.92 in 2021, then declined by 11.99% to 1.69 in 2022.
- The last three Interest Coverage Ratio figures came in at 1.69 (Q1 2022), 1.92 (Q4 2021), and 2.16 (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 4.25 |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 3.67 |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 1.99 |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 4.26 |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | -127.23 |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -2.04 |
| 10 | Optimum Communications | 514.94 Mn | -569.13 Mn | 1.41 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 1.69 |
| Dec 31, 2021 | 1.92 |
| Sep 30, 2021 | 2.16 |
| Jun 30, 2021 | 1.96 |
| Mar 31, 2021 | 1.92 |
| Dec 31, 2020 | 1.94 |
| Sep 30, 2020 | 1.70 |
| Jun 30, 2020 | 1.45 |
| Mar 31, 2020 | 1.23 |
| Dec 31, 2019 | 1.13 |
| Sep 30, 2019 | 1.21 |
| Jun 30, 2019 | 1.27 |
| Mar 31, 2019 | 1.14 |
| Dec 31, 2018 | 1.33 |
| Sep 30, 2018 | 1.30 |
| Jun 30, 2018 | 0.86 |
| Mar 31, 2018 | 0.83 |
| Dec 31, 2017 | 0.59 |
| Sep 30, 2017 | 0.32 |
| Jun 30, 2017 | 0.60 |