GoHealth Balance Sheet Health
Financial Health criteria checks 4/6
GoHealth has a total shareholder equity of $455.0M and total debt of $497.7M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are $1.5B and $1.0B respectively.
Key information
109.4%
Debt to equity ratio
US$497.71m
Debt
| Interest coverage ratio | n/a |
| Cash | US$90.81m |
| Equity | US$454.96m |
| Total liabilities | US$1.04b |
| Total assets | US$1.50b |
Recent financial health updates
Recent updates
GoHealth, Inc. (NASDAQ:GOCO) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 10
GoHealth stock jumps 11% premarket on $50M private investment
Sep 26GoHealth: Painful Competition, Cost Controls Are Key
Feb 20GoHealth Looks To Q4 For Submission Growth
Dec 07GoHealth: Post Sell-Off, A Fresh Look
Aug 25GoHealth amends credit agreement, lowers the interest rate to 4%
Jun 15GoHealth EPS misses by $0.61, misses on revenue
Nov 11Financial Position Analysis
Short Term Liabilities: GOCO's short term assets ($476.4M) exceed its short term liabilities ($370.0M).
Long Term Liabilities: GOCO's short term assets ($476.4M) do not cover its long term liabilities ($674.6M).
Debt to Equity History and Analysis
Debt Level: GOCO's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: GOCO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable GOCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GOCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.2% per year.