AbbVie Interest Coverage from 2010 to 2024

ABBV Stock  USD 183.08  1.94  1.07%   
AbbVie Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage will likely drop to 5.45 in 2024. During the period from 2010 to 2024, AbbVie Interest Coverage regression line of quarterly data had mean square error of  249.05 and geometric mean of  11.58. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
5.73606115
Current Value
5.45
Quarterly Volatility
23.2325781
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AbbVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AbbVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.1 B, Interest Expense of 1.1 B or Selling General Administrative of 7.8 B, as well as many indicators such as Price To Sales Ratio of 3.39, Dividend Yield of 0.0289 or PTB Ratio of 17.2. AbbVie financial statements analysis is a perfect complement when working with AbbVie Valuation or Volatility modules.
  
Check out the analysis of AbbVie Correlation against competitors.

Latest AbbVie's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of AbbVie Inc over the last few years. It is AbbVie's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AbbVie's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

AbbVie Interest Coverage Regression Statistics

Arithmetic Mean19.26
Geometric Mean11.58
Coefficient Of Variation120.60
Mean Deviation17.76
Median8.12
Standard Deviation23.23
Sample Variance539.75
Range59.0427
R-Value(0.76)
Mean Square Error249.05
R-Squared0.57
Significance0
Slope(3.93)
Total Sum of Squares7,557

AbbVie Interest Coverage History

2024 5.45
2023 5.74
2022 8.12
2021 7.4
2020 4.63
2019 7.28
2018 4.74

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Interest Coverage, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AbbVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 5.74  5.45 

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.