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
Clarivate (NYSE:CLVT) Has A Somewhat Strained Balance Sheet
Jun 05
Here's Why Clarivate (NYSE:CLVT) Has A Meaningful Debt Burden
Feb 23Clarivate (NYSE:CLVT) Takes On Some Risk With Its Use Of Debt
Nov 21Is Clarivate (NYSE:CLVT) A Risky Investment?
Aug 21Clarivate (NYSE:CLVT) Seems To Use Debt Quite Sensibly
May 16We Think Clarivate (NYSE:CLVT) Is Taking Some Risk With Its Debt
Jan 31Recent updates
Clarivate (NYSE:CLVT) Has A Somewhat Strained Balance Sheet
Jun 05Clarivate Plc: Still A Buy, But Recovery Could Take Longer Than Expected
May 30Is Clarivate Plc (NYSE:CLVT) Trading At A 38% Discount?
Apr 25Clarivate PLC: Agree Q4'23 Was Weak, But The Upside Remains Attractive
Mar 14Risks Still Elevated At These Prices As Clarivate Plc (NYSE:CLVT) Shares Dive 25%
Mar 13Clarivate: Leverage And Underperformance Overhang Continues
Mar 04Here's Why Clarivate (NYSE:CLVT) Has A Meaningful Debt Burden
Feb 23What Is Clarivate Plc's (NYSE:CLVT) Share Price Doing?
Feb 02Clarivate Plc's (NYSE:CLVT) Intrinsic Value Is Potentially 51% Above Its Share Price
Jan 12Clarivate Plc's (NYSE:CLVT) 27% Price Boost Is Out Of Tune With Revenues
Dec 22Clarivate: Rating Upgrade As Organic Growth Turns Positive
Dec 18Clarivate (NYSE:CLVT) Takes On Some Risk With Its Use Of Debt
Nov 21Clarivate: In Search Of Growth
Nov 08At US$7.04, Is It Time To Put Clarivate Plc (NYSE:CLVT) On Your Watch List?
Sep 08Is Clarivate (NYSE:CLVT) A Risky Investment?
Aug 21Clarivate: Business Has To Show Positive Organic Growth To Convince The Market
Aug 17It's Down 28% But Clarivate Plc (NYSE:CLVT) Could Be Riskier Than It Looks
Aug 05Are Investors Undervaluing Clarivate Plc (NYSE:CLVT) By 46%?
Aug 02Clarivate: Business On Track To Hit Mid-Single Digits Organic Growth
Jun 29Clarivate (NYSE:CLVT) Seems To Use Debt Quite Sensibly
May 16Is Clarivate Plc (NYSE:CLVT) Trading At A 29% Discount?
Apr 25We Think Clarivate (NYSE:CLVT) Is Taking Some Risk With Its Debt
Jan 31Clarivate: Attractive Business Model With Improving Organic Growth
Jan 25Is There An Opportunity With Clarivate Plc's (NYSE:CLVT) 48% Undervaluation?
Jan 10Clarivate decreases board size
Dec 20Clarivate Analytics reports mixed Q3 earnings; narrows FY22 guidance
Nov 08Checking Out Clarivate
Oct 18Clarivate (NYSE:CLVT) Has A Somewhat Strained Balance Sheet
Sep 26Newfold Digital to acquire MarkMonitor from Clarivate for $302.5M
Sep 12Clarivate appoints board chair
Sep 01Clarivate Analytics Non-GAAP EPS of $0.22 beats by $0.02, revenue of $686.6M misses by $4.3M
Aug 09Clarivate names IHS Market exec as new boss as CEO Jerre Stead retires
Jul 11These 4 Measures Indicate That Clarivate (NYSE:CLVT) Is Using Debt Reasonably Well
Jun 09Financial Position Analysis
Short Term Liabilities: CLVT's short term assets ($1.4B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: CLVT's short term assets ($1.4B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CLVT's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: CLVT'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 CLVT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CLVT 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.