Clearwater Analytics Holdings (CWAN) Interest Coverage Ratio (2020 - 2022)
Clearwater Analytics Holdings' (CWAN) quarterly Interest Coverage Ratio came in at 2.8 in Q2 2022, up 177.95% on a YoY basis from 1.01 in Q2 2021, and down 6.2% quarter-over-quarter from 2.98 in Q1 2022.
Analysis
Clearwater Analytics Holdings (CWAN) Interest Coverage Ratio (2020 - 2022) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Interest Coverage Ratio for 3 consecutive years, with 2.8 the latest figure, recorded in Q2 2022.
- For the quarter ending Q2 2022, Interest Coverage Ratio rose 177.95% year-over-year to 2.8; the trailing twelve-month figure through Jun 2022 stood at 1.08 (up 229.03% YoY), and the FY2021 full-year result was 1.11, up 224.04% from the prior year.
- Interest Coverage Ratio slipped to 2.8 in Q2 2022 per CWAN's latest filing, from 2.98 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.43 in Q3 2020 and bottomed at 8.28 in Q4 2020.
- Historically, Interest Coverage Ratio has averaged 0.72 across 3 years, with a median of 1.49 in 2021.
- The sharpest annual moves came in 2021 and 2022: Interest Coverage Ratio sank 74.5% in 2021, then soared 177.95% in 2022.
- Over 3 years, Interest Coverage Ratio stood at 8.28 in 2020, then soared by 118.77% to 1.55 in 2021, then soared by 80.02% to 2.8 in 2022.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.8, 2.98, and 1.55 for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 57.43 |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | - |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -6.42 |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | - |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 4.66 |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | - |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 2.80 |
| Mar 31, 2022 | 2.98 |
| Dec 31, 2021 | 1.55 |
| Sep 30, 2021 | 0.87 |
| Jun 30, 2021 | 1.01 |
| Mar 31, 2021 | 1.42 |
| Dec 31, 2020 | -8.28 |
| Sep 30, 2020 | 3.43 |