Conifer Holdings Financial Health
Financial Health criteria checks 3/6
Conifer Holdings has a total shareholder equity of $22.3M and total debt of $34.0M, which brings its debt-to-equity ratio to 152.3%. Its total assets and total liabilities are $293.2M and $270.9M respectively.
Key information
152.3%
Debt to equity ratio
US$33.95m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.60m |
| Equity | US$22.29m |
| Total liabilities | US$270.88m |
| Total assets | US$293.17m |
Recent financial health updates
No updates
Recent updates
Conifer Holdings, Inc. (NASDAQ:CNFR) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
May 14
Need To Know: Analysts Are Much More Bullish On Conifer Holdings, Inc. (NASDAQ:CNFR)
Aug 14Here's Why Shareholders May Want To Be Cautious With Increasing Conifer Holdings, Inc.'s (NASDAQ:CNFR) CEO Pay Packet
May 13How Much Are Conifer Holdings, Inc. (NASDAQ:CNFR) Insiders Spending On Buying Shares?
Jan 24Conifer stock price doubles in premarket move following recent insider buying
Dec 30Loss-Making Conifer Holdings, Inc. (NASDAQ:CNFR) Expected To Breakeven In The Medium-Term
Dec 02Conifer Holdings, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 12Financial Position Analysis
Short Term Liabilities: CNFR's short term assets ($164.6M) do not cover its short term liabilities ($261.2M).
Long Term Liabilities: CNFR's short term assets ($164.6M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: CNFR has more cash than its total debt.
Reducing Debt: CNFR's debt to equity ratio has increased from 56.5% to 152.3% 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 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CNFR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.9% each year