ServiceNow (NOW) Interest Coverage Ratio (2015 - 2022)
ServiceNow's Interest Coverage Ratio was 22.14 in Q4 2022, up 342.9% from 5.00 a year earlier and up 94.7% from the prior quarter.
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Analysis
ServiceNow (NOW) Interest Coverage Ratio (2015 - 2022) Analysis & Trends
For FY2022, Interest Coverage Ratio at ServiceNow came in at 13.15, up 43.2% from FY2021.
- Interest Coverage Ratio has now increased for three consecutive years.
- In earlier years, Interest Coverage Ratio was 9.18 in FY2021 (+52.2%), 6.03 in FY2020 (+373.8%), 1.27 in FY2019 and -0.80 in FY2018.
- The Q4 2022 figure marks the highest quarterly Interest Coverage Ratio in data going back to Q1 2015.
- Compared with a year earlier, Interest Coverage Ratio was higher in six of the last eight quarters, with growth averaging 74.7%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2019 (growth of 689.9%); the worst was Q2 2022 (a decline of 49.7%).
- Per Business Quant data, NOW's Interest Coverage Ratio in the three quarters before Q4 2022 was 11.38 (Q3 2022), 3.67 (Q2 2022) and 14.50 (Q1 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | - |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 4.71 |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 8.18 |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 4.93 |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | -15.08 |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 6.79 |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | - |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | 69.75 |
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 |
API Access
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_KEYimport 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();