8-KOther EventsExhibits & Filings

FISERV INC 8-K Report, Corporate Update (May 19, 2015)

Filed May 19, 2015For Securities:FISV

Summary

This Form 8-K filing by Fiserv, Inc. (FISV) on May 19, 2015, primarily serves to provide updated financial information relevant to its existing Registration Statement on Form S-3. The core of this filing is the inclusion of Exhibit 12, which details the company's computation of the Ratio of Earnings to Fixed Charges for the three-month period ending March 31, 2015, and for the full years from 2010 through 2014. For investors, this information is crucial for assessing Fiserv's financial leverage and its ability to cover its fixed financial obligations, such as interest expenses and preferred stock dividends. While this 8-K does not announce new strategic initiatives or significant operational changes, it offers a snapshot of the company's fixed charge coverage, which is a key metric for evaluating financial health and risk, especially within the context of the broader S-3 filing which is likely related to debt or equity offerings.

Key Highlights

  • 1Fiserv, Inc. filed a Form 8-K on May 19, 2015.
  • 2The filing includes the company's computation of the Ratio of Earnings to Fixed Charges.
  • 3The ratio data covers the three-month period ended March 31, 2015.
  • 4Historical ratio data for the years 2010 through 2014 is also provided.
  • 5This information is incorporated by reference into Fiserv's Registration Statement on Form S-3 (File No. 333-196419).
  • 6The filing's primary purpose is to provide updated financial metrics related to leverage for the S-3 registration statement.

Frequently Asked Questions

The Ratio of Earnings to Fixed Charges is a financial metric that measures a company's ability to cover its fixed financial obligations, such as interest expense on debt and preferred stock dividends. A higher ratio indicates a greater capacity to meet these obligations, suggesting lower financial risk. Investors use this ratio to assess a company's financial stability and its ability to service its debt, which is a key factor in investment decisions.

This filing provides the computation for the most recent three-month period ended March 31, 2015, and for the full calendar years from 2010 through 2014. This allows investors to see trends in Fiserv's ability to cover its fixed charges over a multi-year period and into the current reporting year.

No, this specific 8-K filing (dated May 19, 2015) does not announce new business developments, acquisitions, or specific financial results for a quarter or year. Its sole purpose is to file the computation of the Ratio of Earnings to Fixed Charges as an exhibit, which is referenced in a separate, larger registration statement (Form S-3).

The Ratio of Earnings to Fixed Charges data provided in this 8-K is incorporated by reference into Fiserv's Registration Statement on Form S-3. This means the information becomes part of the S-3 filing, which is typically used for offerings of securities. The inclusion of this ratio data suggests the S-3 filing is related to a potential debt or equity offering where such leverage metrics are required disclosures for investors.