Clarivate Balance Sheet Health
Financial Health criteria checks 3/6
Clarivate has a total shareholder equity of $5.9B and total debt of $4.6B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are $12.5B and $6.6B respectively. Clarivate's EBIT is $272.7M making its interest coverage ratio 0.9. It has cash and short-term investments of $350.4M.
Key information
78.6%
Debt to equity ratio
US$4.63b
Debt
Interest coverage ratio | 0.9x |
Cash | US$350.40m |
Equity | US$5.89b |
Total liabilities | US$6.62b |
Total assets | US$12.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 16A's short term assets ($1.4B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: 16A's short term assets ($1.4B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: 16A's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: 16A's debt to equity ratio has reduced from 197.7% to 78.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 16A has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 16A is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.2% per year.