ServiceNow (NOW) Interest Coverage Ratio (2015 - 2022)
ServiceNow's (NOW) quarterly Interest Coverage Ratio came in at 22.14 in Q4 2022, up 342.86% on a YoY basis from 5.0 in Q4 2021, and up 94.66% quarter-over-quarter from 11.38 in Q3 2022.
Analysis
ServiceNow (NOW) Interest Coverage Ratio (2015 - 2022) Analysis & Trends
ServiceNow (NOW) has reported Interest Coverage Ratio for 8 consecutive years, with 22.14 the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Interest Coverage Ratio rose 342.86% year-over-year to 22.14; the trailing twelve-month figure through Dec 2022 stood at 13.15 (up 43.25% YoY), and the FY2022 full-year result was 13.15, up 43.25% from the prior year.
- Interest Coverage Ratio grew to 22.14 in Q4 2022 per NOW's latest filing, from 11.38 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 22.14 in Q4 2022 and bottomed at 3.27 in Q2 2019.
- Historically, Interest Coverage Ratio has averaged 5.77 across 5 years, with a median of 5.22 in 2020.
- The widest YoY moves for Interest Coverage Ratio: up 11309.21% in 2019, down 61.84% in 2019.
- Over 5 years, Interest Coverage Ratio stood at 0.03 in 2018, then soared by 11309.21% to 3.55 in 2019, then tumbled by 36.6% to 2.25 in 2020, then surged by 122.22% to 5.0 in 2021, then surged by 342.86% to 22.14 in 2022.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 22.14, 11.38, and 3.67 for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 146.07 Bn | 141.41 Bn | 2.82 Bn | - |
| 2 | Broadridge Financial Solutions | 19.72 Bn | 19.32 Bn | 853.00 Mn | - |
| 3 | SS&C Technologies Holdings | 19.62 Bn | 19.26 Bn | 818.30 Mn | 3.90 |
| 4 | UiPath | 6.93 Bn | 5.62 Bn | 341.45 Mn | - |
| 5 | Pegasystems | 6.14 Bn | 6.14 Bn | 312.69 Mn | 369.69 |
| 6 | Appian | 2.75 Bn | 2.59 Bn | 144.74 Mn | -1.44 |
| 7 | Materialise | 440.64 Mn | 440.54 Mn | 46.23 Mn | -3.20 |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | -36.69 |
| 9 | Gloo Holdings | 215.34 Mn | 200.70 Mn | 13.43 Mn | -19.18 |
| 10 | Egain | 159.91 Mn | 76.85 Mn | 16.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 22.14 |
| Sep 30, 2022 | 11.38 |
| Jun 30, 2022 | 3.67 |
| Mar 31, 2022 | 14.50 |
| Dec 31, 2021 | 5.00 |
| Sep 30, 2021 | 10.57 |
| Jun 30, 2021 | 7.29 |
| Mar 31, 2021 | 13.86 |
| Dec 31, 2020 | 2.25 |
| Sep 30, 2020 | 8.63 |
| Jun 30, 2020 | 7.88 |
| Mar 31, 2020 | 5.44 |
| Dec 31, 2019 | 3.55 |
| Sep 30, 2019 | 6.73 |
| Jun 30, 2019 | -3.27 |
| Mar 31, 2019 | -1.92 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | 0.85 |
| Jun 30, 2018 | -2.06 |
| Mar 31, 2018 | -1.19 |