AbbVie (ABBV) Interest Coverage Ratio (2012 - 2016)
AbbVie's (ABBV) Interest Coverage Ratio came in at 9.74 for Q2 2016, down 9.5% from 10.77 a year earlier and down 8.0% from the prior quarter.
AbbVie (ABBV) Interest Coverage Ratio (2012 - 2016) Analysis & Trends
For the trailing twelve months through Jun 30, 2016, Interest Coverage Ratio at AbbVie was 9.90, up 43.3% year-over-year; for FY2015, it was 10.48, up 31.8% from FY2014.
- In prior years, AbbVie's Interest Coverage Ratio was 7.95 in FY2014 (-58.0%), 18.94 in FY2013 (-66.1%) and 55.93 in FY2012.
- Quarterly Interest Coverage Ratio has run from a low of -2.99 in Q4 2014 to a high of 159.60 in Q3 2012 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in 1 of the last six quarters, with an average decline of 22.1%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q3 2015, with growth of 40.4%; the weakest was Q3 2013, with a decline of 88.5%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 10.60 (Q1 2016), 10.16 (Q4 2015) and 9.11 (Q3 2015).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 25.41 |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | - |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | 10.28 |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | 7.27 |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 5.22 |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | -42.08 |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 128.45 Bn | 79.72 Bn | 9.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2016 | 9.74 |
| Mar 31, 2016 | 10.60 |
| Dec 31, 2015 | 10.16 |
| Sep 30, 2015 | 9.11 |
| Jun 30, 2015 | 10.77 |
| 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 |
AbbVie 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=ABBV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "ABBV", "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=ABBV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();