Conifer Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Conifer Holdings has a total shareholder equity of $49.1M and total debt of $16.5M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are $299.9M and $250.8M respectively.
Key information
33.6%
Debt to equity ratio
US$16.47m
Debt
| Interest coverage ratio | n/a |
| Cash | US$53.64m |
| Equity | US$49.05m |
| Total liabilities | US$250.80m |
| Total assets | US$299.85m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNFR.Z's short term assets ($167.6M) do not cover its short term liabilities ($234.3M).
Long Term Liabilities: CNFR.Z's short term assets ($167.6M) exceed its long term liabilities ($16.5M).
Debt to Equity History and Analysis
Debt Level: CNFR.Z has more cash than its total debt.
Reducing Debt: CNFR.Z's debt to equity ratio has reduced from 74.2% to 33.6% over the past 5 years.
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: CNFR.Z has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CNFR.Z has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 23.9% each year.