AbbVie (ABBV) Interest Coverage Ratio (2012 - 2016)

AbbVie (ABBV) posted quarterly Interest Coverage Ratio of 0.37 for Q2 2016, down 118.75% YoY from 1.96 in Q3 2015, and down 103.47% sequentially from 10.6 in Q1 2016.

AbbVie (ABBV) Interest Coverage Ratio (2012 - 2016) Analysis & Trends

AbbVie has disclosed Interest Coverage Ratio across 5 years of filings, most recently posting 0.37 for Q2 2016.

  • In Q2 2016, Interest Coverage Ratio fell 118.75% year-over-year to 0.37; the TTM figure through Mar 2017 stood at 28.54 (up 246.11% YoY), while the FY2015 annual figure was 10.48, up 31.84% from the prior year.
  • Interest Coverage Ratio fell to 0.37 in Q2 2016, from 10.6 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for ABBV reached as high as 159.6 in Q3 2012 and fell as low as 2.99 in Q4 2014.
  • The 5-year median for Interest Coverage Ratio is 15.45 (2013), against an average of 21.39.
  • Annual changes were most pronounced in 2015 — Interest Coverage Ratio surged 440.25% — and 2016, when it tumbled 118.75%.
  • A 5-year view of Interest Coverage Ratio shows it stood at 19.37 in 2012, then gained by 7.08% to 20.74 in 2013, then slumped by 114.39% to 2.99 in 2014, then surged by 440.25% to 10.16 in 2015, then sank by 103.62% to 0.37 in 2016.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.37, 10.6, and 10.16 for Q2 2016, Q1 2016, and Q4 2015 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn -
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn 23.39
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn -10.80
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn -
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn 4.06
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 10.78
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2016 -0.37
Mar 31, 2016 10.60
Dec 31, 2015 10.16
Sep 30, 2015 9.11
Jun 30, 2015 1.96
Mar 31, 2015 12.78
Dec 31, 2014 -2.99
Sep 30, 2014 6.49
Jun 30, 2014 20.75
Mar 31, 2014 19.30
Dec 31, 2013 20.74
Sep 30, 2013 18.28
Jun 30, 2013 18.39
Mar 31, 2013 18.13
Dec 31, 2012 19.37
Sep 30, 2012 159.60