PotlatchDeltic (PotlatchDeltic) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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What is PotlatchDeltic Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. PotlatchDeltic's Operating Income for the three months ended in Dec. 2023 was $-0 Mil. PotlatchDeltic's Interest Expense for the three months ended in Dec. 2023 was $-8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PotlatchDeltic's Interest Coverage or its related term are showing as below:

PCH' s Interest Coverage Range Over the Past 10 Years
Min: 1.8 Med: 5.57 Max: 18.27
Current: 1.98

PCH's Interest Coverage is ranked worse than
69.97% of 676 companies
in the REITs industry
Industry Median: 2.985 vs PCH: 1.98

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PotlatchDeltic Interest Coverage Historical Data

The historical data trend for PotlatchDeltic's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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PotlatchDeltic Interest Coverage Chart

PotlatchDeltic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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2.75

9.04

18.27

15.83

1.98

PotlatchDeltic Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															1.06	76.15	1.74	2.47	-

Competitive Comparison of PotlatchDeltic's Interest Coverage

For the REIT - Specialty subindustry, PotlatchDeltic's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PotlatchDeltic's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PotlatchDeltic's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PotlatchDeltic's Interest Coverage falls into.

PotlatchDeltic Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PotlatchDeltic's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, PotlatchDeltic's Interest Expense was $-24 Mil. Its Operating Income was $48 Mil. And its Long-Term Debt & Capital Lease Obligation was $858 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	47.853	/	-24.218
	=	1.98

PotlatchDeltic's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, PotlatchDeltic's Interest Expense was $-8 Mil. Its Operating Income was $-0 Mil. And its Long-Term Debt & Capital Lease Obligation was $858 Mil.

PotlatchDeltic did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

PotlatchDeltic (NAS:PCH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

PotlatchDeltic Interest Coverage Related Terms

Thank you for viewing the detailed overview of PotlatchDeltic's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

PotlatchDeltic (PotlatchDeltic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PotlatchDeltic Corp (NAS:PCH) » Definitions » Interest Coverage

Comparable Companies

EPR HASI OUT RYN UNIT FPI LAND NLCP AFCG PW AMT EQIX CCI DLR WY IRM SBAC GLPI LAMR ASX:WPR

Traded in Other Exchanges

P4C:Germany

Address

601 West 1st Avenue, Suite 1600, Spokane, WA, USA, 99201

Website

https://www.potlatchdeltic.com

PotlatchDeltic Corp is a REIT that owns and manages forestland in Alabama, Arkansas, Idaho, Minnesota, and Mississippi. Potlach operates in three segments. The timberlands segment covers the planting and harvesting of trees, as well as the construction and maintenance of roads. The wood products segment manufactures and distributes lumber, plywood, and other wood products. The real estate segment covers the sales generated from company-owned timberlands, as well as commercial and residential properties. The timberlands and the wood product segments combined drive the majority of the company's revenue.

Executives

Glen F Smith	officer: Chief Accounting Officer	601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Covey	director, officer: CHAIRMAN, PRESIDENT & CEO	C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Jerald W Richards	officer: VP, Chief Financial Officer	C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Robert L. Schwartz	officer: VP, Human Resources	601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Wayne Wasechek	officer: Controller	C/O POTLATCHDELTIC CORPORATION, 601 WEST FIRST AVE SUITE 1600, SPOKANE WA 99201
Michele Lynn Tyler	officer: VP, GC Corp Sec	601 W FIRST AVE, SUITE 1600, SPOKANE WA 99201
William R Dereu	officer: VICE PRESIDENT	C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Eric J Cremers	officer: VICE PRESIDENT	C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Darin Robert Ball	officer: VP of Resource	601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
James M Decosmo	director	5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Anna E. Torma	officer: VP,Public Affairs/ESG Officer	601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Anne L. Alonzo	director	601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Ashlee Townsend Cribb	officer: VP, Wood Products	600 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Thomas J. Temple	officer: Vice President	C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Larry Peiros	director	1221BROADWAY, OAKLAND CA 94612