GlaxoSmithKline Interest Coverage Trend from 2010 to 2020

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GSK -- USA Stock  

Report: 22nd of July 2020  

GlaxoSmithKline PLC Interest Coverage is increasing with slightly volatile movements from year to year. Interest Coverage is estimated to finish at 158.48 this year. For the period between 2010 and 2020, GlaxoSmithKline PLC, Interest Coverage quarterly trend regression had mean deviation of 55.02 and range of  155.00. GlaxoSmithKline PLC Operating Expenses is increasing as compared to previous years. The last year's value of Operating Expenses was reported at 14.93 Billion. The current Revenues is estimated to increase to about 33.9 B, while Cost of Revenue is estimated to decrease to under 11.4 B.

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Check GlaxoSmithKline PLC financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 10 B, Consolidated Income of 4.6 B or Cost of Revenue of 11.4 B, as well as many exotic indicators such as Interest Coverage of 158, Long Term Debt to Equity of 2.7 or Calculated Tax Rate of 23.02. This can be a perfect complement to check GlaxoSmithKline PLC Valuation or Volatility. It can also complement various GlaxoSmithKline PLC Technical models. Please check the analysis of GlaxoSmithKline PLC Correlation with competitors.

GlaxoSmithKline Interest Coverage Marginal Breakdown

Showing smoothed Interest Coverage of GlaxoSmithKline PLC with missing and latest data points interpolated.
Interest Coverage10 Years Trend
Increasing
Slightly volatile
 Interest Coverage 
      Timeline 

GlaxoSmithKline Interest Coverage Regression Statistics

Arithmetic Mean 46.40
Geometric Mean 17.16
Coefficient Of Variation 140.23
Mean Deviation 55.02
Median 10.54
Standard Deviation 65.07
Sample Variance 4,234
Range 155.00
R-Value 0.77
Mean Square Error 1,882
R-Squared 0.60
Significance 0.00513
Slope 15.19
Total Sum of Squares 42,336

GlaxoSmithKline Interest Coverage Over Time

2010  5.70 
2011  11.85 
2012  10.54 
2013  9.96 
2014  5.28 
2015  16.12 
2016  3.49 
2017  5.68 
2018  136.42 
2019  146.89 
2020  158.48 

About GlaxoSmithKline PLC Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include GlaxoSmithKline PLC income statement, its balance sheet, and the statement of cash flows. GlaxoSmithKline PLC investors use historical funamental indicators, such as GlaxoSmithKline PLC's Interest Coverage, to determine how well the company is positioned to perform in the future. Although GlaxoSmithKline PLC investors may use each financial statement separately, they are all related. The changes in GlaxoSmithKline PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GlaxoSmithKline PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on GlaxoSmithKline PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GlaxoSmithKline PLC. Please read more on our technical analysis and fundamental analysis pages.
 2017 2018 2019 2020 (projected)
Receivables5.67 B6.08 B6.87 B5.97 B
Inventories5.56 B5.48 B5.95 B5.09 B

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