Clarivate Balance Sheet Health
Financial Health criteria checks 3/6
Clarivate has a total shareholder equity of $5.5B and total debt of $4.6B, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are $12.0B and $6.5B respectively. Clarivate's EBIT is $264.1M making its interest coverage ratio 0.9. It has cash and short-term investments of $380.8M.
Key information
83.9%
Debt to equity ratio
US$4.63b
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$380.80m |
| Equity | US$5.51b |
| Total liabilities | US$6.52b |
| Total assets | US$12.03b |
Recent financial health updates
Here's Why Clarivate (NYSE:CLVT) Has A Meaningful Debt Burden
Sep 27
Clarivate (NYSE:CLVT) Has A Somewhat Strained Balance Sheet
Jun 05Here'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 16Recent updates
Clarivate: Downgrade To Hold As Growth May Take A Long Time To Recover
Nov 08Some Confidence Is Lacking In Clarivate Plc (NYSE:CLVT) As Shares Slide 26%
Nov 07Here's Why Clarivate (NYSE:CLVT) Has A Meaningful Debt Burden
Sep 27Clarivate Plc (NYSE:CLVT) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Sep 06Is Clarivate Plc (NYSE:CLVT) Trading At A 43% Discount?
Aug 29Clarivate: Attractive Upside Even With Conservative Assumptions
Aug 09Clarivate Plc's (NYSE:CLVT) Price Is Out Of Tune With Revenues
Jul 02Clarivate (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 20Financial Position Analysis
Short Term Liabilities: CLVT's short term assets ($1.3B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: CLVT's short term assets ($1.3B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: CLVT's net debt to equity ratio (77%) is considered high.
Reducing Debt: CLVT's debt to equity ratio has reduced from 96.5% to 83.9% 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 43.2% per year.