Conifer Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Conifer Holdings has a total shareholder equity of $-1.2M and total debt of $24.8M, which brings its debt-to-equity ratio to -2131.5%. Its total assets and total liabilities are $292.9M and $294.1M respectively.
Key information
-2,131.5%
Debt to equity ratio
US$24.83m
Debt
Interest coverage ratio | n/a |
Cash | US$33.04m |
Equity | -US$1.16m |
Total liabilities | US$294.10m |
Total assets | US$292.93m |
Recent financial health updates
Recent updates
Conifer Holdings, Inc. (NASDAQ:CNFR) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
May 14Need 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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CNFR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CNFR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CNFR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 1.9 years if free cash flow continues to reduce at historical rates of 20.5% each year.