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
Will Clover Health Investments (NASDAQ:CLOV) Spend Its Cash Wisely?
Mar 06
Here's Why We're Not Too Worried About Clover Health Investments' (NASDAQ:CLOV) Cash Burn Situation
Nov 21We're Hopeful That Clover Health Investments (NASDAQ:CLOV) Will Use Its Cash Wisely
Jul 07Recent updates
Clover Health Investments, Corp. (NASDAQ:CLOV) Analysts Are Reducing Their Forecasts For This Year
Mar 16Will Clover Health Investments (NASDAQ:CLOV) Spend Its Cash Wisely?
Mar 06Clover Health: Its Luck May Have Ran Out
Feb 26Here's Why We're Not Too Worried About Clover Health Investments' (NASDAQ:CLOV) Cash Burn Situation
Nov 21We're Hopeful That Clover Health Investments (NASDAQ:CLOV) Will Use Its Cash Wisely
Jul 07Chamath Palihapitiya-linked Clover Health Investments trading near all-time low
Oct 14Chamath Palihapitiya cuts stake in Clover Health to under 5%
Oct 04Rethinking My Clover Health Position
Sep 12Clover Paid The Price Of Its Alleged Lies; Time To Move On
Aug 17Clover Health Investments to name president Andrew Toy as CEO
Aug 08Clover Health Is A Buy Ahead Of Earnings
Jul 29Clover Health to expand Medicare Advantage plans to 13 additional counties, exit 2
Jul 15Is Clover Health A Good Healthcare Sector Stock Pick?
Jun 30Clover Set To Report Earnings Tonight: Levels To Watch
May 09Analysts Are Betting On Clover Health Investments, Corp. (NASDAQ:CLOV) With A Big Upgrade This Week
Mar 04Good News From Clover Health
Feb 25Clover Health Is Now Undervalued, But Gains Not Guaranteed
Jan 24Clover Health: Roles Reversed As Institutions Buy The Dip And Retail Investors Bottle Out
Dec 03Why Clover Health Investments (NASDAQ:CLOV) has Time to Develop a Superior Product
Oct 21Clover Health: Dilution Fears
Sep 24Clover Health: The Product Is Good, The Balance Sheet Is Not
Sep 02Clover Health Investments, Corp. (NASDAQ:CLOV) Lacks Institutional Ownership, but has High Growth and Co-Founders with Skin in the Game
Aug 26Financial Position Analysis
Short Term Liabilities: CLOV's short term assets ($428.0M) exceed its short term liabilities ($261.1M).
Long Term Liabilities: CLOV's short term assets ($428.0M) exceed its long term liabilities ($23.2M).
Debt to Equity History and Analysis
Debt Level: CLOV is debt free.
Reducing Debt: CLOV 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: CLOV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CLOV has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 6.6% each year.