Conifer Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Conifer Holdings has a total shareholder equity of $2.9M and total debt of $25.1M, which brings its debt-to-equity ratio to 867.5%. Its total assets and total liabilities are $311.8M and $308.9M respectively.
Key information
867.5%
Debt to equity ratio
US$25.06m
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.96m |
| Equity | US$2.89m |
| Total liabilities | US$308.92m |
| Total assets | US$311.80m |
Recent financial health 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 ($174.8M) exceed its short term liabilities ($160.2M).
Long Term Liabilities: CNFR's short term assets ($174.8M) exceed its long term liabilities ($148.8M).
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 79.5% to 867.5% 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 sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 29.4% each year.