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
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 ($167.6M) do not cover its short term liabilities ($234.3M).
Long Term Liabilities: CNFR's short term assets ($167.6M) exceed its long term liabilities ($16.5M).
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 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 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 1.5 years if free cash flow continues to reduce at historical rates of 23.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Conifer Holdings, Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Sebaski | BMO Capital Markets Equity Research |
| Robert Farnam | Boenning & Scattergood, Inc. |
| Jon Paul Newsome | Piper Sandler Companies |