Clover Health Investments Balance Sheet Health
Financial Health criteria checks 6/6
Clover Health Investments has a total shareholder equity of $286.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $570.7M and $284.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$242.69m |
Equity | US$286.39m |
Total liabilities | US$284.28m |
Total assets | US$570.67m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7QD's short term assets ($428.0M) exceed its short term liabilities ($261.1M).
Long Term Liabilities: 7QD's short term assets ($428.0M) exceed its long term liabilities ($23.2M).
Debt to Equity History and Analysis
Debt Level: 7QD is debt free.
Reducing Debt: 7QD currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7QD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 7QD has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 6.6% each year.