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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | - |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | 4.71 |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 8.18 |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 4.93 |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | -15.08 |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 6.79 |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | - |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | - |
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 |
ServiceNow 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=NOW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NOW", "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=NOW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();