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
DateValue
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