Clarivate (CLVT) Interest Coverage Ratio (2019 - 2023)
Clarivate (CLVT) reported Interest Coverage Ratio of 10.48 for 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.
Clarivate (CLVT) Interest Coverage Ratio (2019 - 2023) Analysis & Trends
Clarivate has reported Interest Coverage Ratio for 5 years, with the latest figure at 10.48 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 Sep 2024 stood at 13.32 (down 1157.91% YoY), and the FY2023 full-year result was 2.5, up 82.78% from the prior year.
- Interest Coverage Ratio for Q4 2023 stood at 10.48, down from 1.21 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 4.14 in Q4 2022, with the low at 61.19 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 3.57 across 5 years, with a median of 0.25 in 2019.
- The largest YoY upside for Interest Coverage Ratio was 1342.06% in 2022 against a maximum downside of 27848.69% in 2022.
- Clarivate's Interest Coverage Ratio stood at 0.26 in 2019, then increased by 5.72% to 0.24 in 2020, then jumped by 218.04% to 0.29 in 2021, then surged by 1342.06% to 4.14 in 2022, then sank by 353.4% to 10.48 in 2023.
- The last three Interest Coverage Ratio figures came in at 10.48 (Q4 2023), 1.21 (Q3 2023), and 1.21 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 87.92 |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 3.57 |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | -11.46 |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 39.23 |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 120.43 |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 2.15 |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | - |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Clarivate | 1.54 Bn | 1.30 Bn | 393.40 Mn | - |
Historic Data
Download 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 | -2.20 |
| 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 |