Optimum Communications (OPTU) Interest Coverage Ratio (2016 - 2022)

Optimum Communications (OPTU) has reported Interest Coverage Ratio for 7 consecutive years, with 1.69 the latest figure, recorded 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 Mar 2022 stood at 1.94 (up 10.99% YoY), and the FY2021 full-year result was 1.99, up 27.43% from the prior year.
• Interest Coverage Ratio fell to 1.69 in Q1 2022 per OPTU's latest filing, from 1.92 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 2.16 in Q3 2021 and bottomed 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.
• The sharpest annual moves came in 2018 and 2019: Interest Coverage Ratio jumped 307.96% in 2018, then fell 14.78% in 2019.
• Over 5 years, Interest Coverage Ratio stood at 1.33 in 2018, then dropped by 14.78% to 1.13 in 2019, then surged by 71.79% to 1.94 in 2020, then slipped by 1.08% to 1.92 in 2021, then retreated by 11.99% to 1.69 in 2022.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.69, 1.92, and 2.16 for Q1 2022, Q4 2021, and Q3 2021 respectively.