Optimum Communications (OPTU) Interest Coverage Ratio (2016 - 2022)
Optimum Communications' (OPTU) Interest Coverage Ratio stood at 1.69 in Q1 2022, down 12.2% from 1.92 a year earlier and down 12.0% from the prior quarter.
Optimum Communications (OPTU) Interest Coverage Ratio (2016 - 2022) Analysis & Trends
On a TTM basis, Optimum Communications' Interest Coverage Ratio came in at 1.94 as of Mar 31, 2022, up 11.0% year-over-year; for FY2021, it was 1.99, up 27.4% from FY2020.
- Annual Interest Coverage Ratio has increased for five straight years.
- Across earlier years, Interest Coverage Ratio came in at 1.56 in FY2020 (+31.8%), 1.19 in FY2019 (+9.8%), 1.08 in FY2018 (+106.1%) and 0.52 in FY2017 (+65.1%).
- The Q1 2022 figure is the lowest quarterly Interest Coverage Ratio since Q2 2020.
- On a year-over-year basis, Interest Coverage Ratio rose in six of the last eight quarters, with growth averaging 29.1%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 308.0% in Q3 2018, against a decline of 14.8% in Q4 2019 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.92 (Q4 2021), 2.16 (Q3 2021) and 1.96 (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 3.62 |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | - |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 3.74 |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | 0.81 |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 4.90 |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 125.87 |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | - |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | - |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | - |
| 10 | Optimum Communications | 445.70 Mn | -3.81 Bn | 1.44 Bn | - |
Historic 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 |
Optimum Communications Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OPTU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "OPTU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=OPTU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();