Clarivate (CLVT) Interest Coverage Ratio (2018 - 2023)
Clarivate's (CLVT) quarterly Interest Coverage Ratio came in at 10.48 in Q4 2023, down 353.4% on a YoY basis from 4.14 in Q4 2022, and down 964.23% quarter-over-quarter from 1.21 in Q3 2023.
Analysis
Clarivate (CLVT) Interest Coverage Ratio (2018 - 2023) Analysis & Trends
Clarivate (CLVT) has reported Interest Coverage Ratio for 6 consecutive years, with 10.48 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Coverage Ratio fell 353.4% year-over-year to 10.48; the trailing twelve-month figure through Dec 2023 stood at 2.5 (up 82.78% YoY), and the FY2023 full-year result was 2.5, up 82.78% from the prior year.
- Interest Coverage Ratio fell to 10.48 in Q4 2023 per CLVT's latest filing, from 1.21 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.14 in Q4 2022 and bottomed at 61.19 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 3.55 across 5 years, with a median of 0.25 in 2019.
- The widest YoY moves for Interest Coverage Ratio: up 1342.06% in 2022, down 27848.69% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 0.26 in 2019, then gained by 5.72% to 0.24 in 2020, then soared by 218.04% to 0.29 in 2021, then jumped by 1342.06% to 4.14 in 2022, then slumped by 353.4% to 10.48 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 10.48, 1.21, and 1.21 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thomson Reuters | 43.32 Bn | 42.27 Bn | - | 11.87 |
| 2 | Docusign | 12.35 Bn | 11.58 Bn | 697.87 Mn | 206.72 |
| 3 | Workiva | 3.89 Bn | 3.07 Bn | 205.27 Mn | 3.65 |
| 4 | Vertex | 1.98 Bn | 1.75 Bn | 131.30 Mn | - |
| 5 | Clarivate | 1.20 Bn | 978.54 Mn | 401.80 Mn | - |
| 6 | Donnelley Financial Solutions | 1.18 Bn | 1.16 Bn | 148.00 Mn | - |
| 7 | Legalzoom.Com | 1.01 Bn | 845.85 Mn | 139.93 Mn | 84.52 |
| 8 | Telos | 295.21 Mn | 244.56 Mn | 16.69 Mn | 2.90 |
| 9 | CS Disco | 263.97 Mn | 162.57 Mn | 32.11 Mn | - |
| 10 | Audioeye | 99.61 Mn | 90.89 Mn | 8.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -10.48 |
| Sep 30, 2023 | 1.21 |
| Jun 30, 2023 | -1.21 |
| Mar 31, 2023 | 0.74 |
| Dec 31, 2022 | 4.14 |
| Sep 30, 2022 | -61.19 |
| Jun 30, 2022 | 1.38 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | -1.66 |
| Mar 31, 2021 | -1.86 |
| Dec 31, 2020 | -0.24 |
| Sep 30, 2020 | -0.63 |
| Jun 30, 2020 | 0.67 |
| Mar 31, 2020 | -0.91 |
| Dec 31, 2019 | -0.26 |
| Sep 30, 2019 | -0.15 |
| Jun 30, 2019 | -0.98 |
| Mar 31, 2019 | -0.78 |