Charles Interest Coverage from 2010 to 2024

CRL Stock  USD 199.59  1.84  0.93%   
Charles River Interest Coverage yearly trend continues to be quite stable with very little volatility. Interest Coverage may rise above 10.38 this year. From the period between 2010 and 2024, Charles River, Interest Coverage regression line of its data series had standard deviation of  1.93 and standard deviation of  1.93. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
9.88
Current Value
10.38
Quarterly Volatility
1.93272766
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Charles River financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Charles River's main balance sheet or income statement drivers, such as Depreciation And Amortization of 329.8 M, Interest Expense of 143.5 M or Selling General Administrative of 787.9 M, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 9.0E-4 or PTB Ratio of 2.7. Charles financial statements analysis is a perfect complement when working with Charles River Valuation or Volatility modules.
  
Check out the analysis of Charles River Correlation against competitors.

Latest Charles River's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Charles River Laboratories over the last few years. It is Charles River's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Charles River'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  

Charles Interest Coverage Regression Statistics

Arithmetic Mean7.84
Geometric Mean7.58
Coefficient Of Variation24.66
Mean Deviation1.28
Median7.98
Standard Deviation1.93
Sample Variance3.74
Range6.752
R-Value0.59
Mean Square Error2.65
R-Squared0.34
Significance0.02
Slope0.25
Total Sum of Squares52.30

Charles Interest Coverage History

2024 10.38
2023 9.88
2022 10.98
2021 4.52
2016 8.57
2012 7.98
2011 4.23

About Charles River Financial Statements

Charles River investors utilize fundamental indicators, such as Interest Coverage, to predict how Charles Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage 9.88  10.38 

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When determining whether Charles River Labora is a strong investment it is important to analyze Charles River's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Charles River's future performance. For an informed investment choice regarding Charles Stock, refer to the following important reports:
Check out the analysis of Charles River Correlation against competitors.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Charles River. If investors know Charles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Charles River listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
8
Revenue Per Share
78.97
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0487
The market value of Charles River Labora is measured differently than its book value, which is the value of Charles that is recorded on the company's balance sheet. Investors also form their own opinion of Charles River's value that differs from its market value or its book value, called intrinsic value, which is Charles River's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Charles River's market value can be influenced by many factors that don't directly affect Charles River's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Charles River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Charles River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charles River's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.