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Clarivate CLVT Interest coverage

Interest coverage at other companies

IQVIA logo
IQVIAIQV
3.1×-0.4×
Definitive Healthcare Corp. logo
Definitive Healthcare Corp.DH
-21×-8.5×
ExlService Holdings logo
ExlService HoldingsEXLS
18.8×+4.8×
Plexus logo
PlexusPLXS
19.9×+10.3×
Cognizant logo
CognizantCTSH
105.6×+50.1×
John Wiley & Sons, Inc. logo
John Wiley & Sons, Inc.WLY

Other financials

Income statement

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Revenue$585.5M-1.4%
Gross profit$393.4M+1.7%
Operating income$30.2M+245%
Net income-$40.2M+61.3%
EPS (diluted)-$0.06+60.0%

Balance sheet

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Cash & equivalents$242.2M-31.6%
Total debt$4.4B-5.7%
Total equity$4.8B-4.7%
Total assets$10.9B-4.9%

Cash flow

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Operating cash flow$134.7M-21.3%
CapEx$55.8M-8.4%
Free cash flow$78.9M-28.5%

Valuation

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Market cap$1.38B-44.9%
Enterprise value$5.55B-20.4%
P/S0.6×-0.4×

Profitability

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Gross margin66.5%+0.5pp
Operating margin5%+2.9pp
Net margin-5.7%-2.5pp
FCF margin13.6%-0.4pp

Returns & leverage

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Return on equity-2.9%-1.2pp
Debt / equity0.9×0.0×
Current ratio0.8×0.0×

Where this comes from

Calculated from Clarivate’s reported figures.

Based on trailing twelve months.

The official record: Clarivate’s 10-Q, filed August 6, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clarivate's interest coverage?
Clarivate (CLVT) reported interest coverage of -161.4× in Q2 2024.
How has Clarivate's interest coverage changed year-over-year?
Clarivate's interest coverage decreased by 980.2% year-over-year, from -14.9× to -161.4×.
What is the long-term trend for Clarivate's interest coverage?
Over 3 years (2020 to 2023), Clarivate's interest coverage has grown at a 97.5% compound annual growth rate (CAGR), from -0.3× to -2.5×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.