AbbVie Short Term Coverage Ratios from 2010 to 2024

ABBV Stock  USD 176.95  5.22  3.04%   
AbbVie Short Term Coverage Ratios yearly trend continues to be fairly stable with very little volatility. Short Term Coverage Ratios will likely drop to 3.02 in 2024. During the period from 2010 to 2024, AbbVie Short Term Coverage Ratios regression line of quarterly data had mean square error of  12,689 and geometric mean of  6.56. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
3.1760534
Current Value
3.02
Quarterly Volatility
135.6833772
 
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 Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of AbbVie Inc over the last few years. It is AbbVie's Short Term Coverage Ratios 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.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

AbbVie Short Term Coverage Ratios Regression Statistics

Arithmetic Mean56.44
Geometric Mean6.56
Coefficient Of Variation240.38
Mean Deviation89.06
Median3.18
Standard Deviation135.68
Sample Variance18,410
Range390
R-Value(0.60)
Mean Square Error12,689
R-Squared0.36
Significance0.02
Slope(18.20)
Total Sum of Squares257,740

AbbVie Short Term Coverage Ratios History

2024 3.02
2023 3.18
2022 6.03
2021 1.82
2020 2.07
2019 3.55
2018 2.53

About AbbVie Financial Statements

AbbVie investors use historical fundamental indicators, such as AbbVie's Short Term Coverage Ratios, 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
Short Term Coverage Ratios 3.18  3.02 

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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.