GoHealth Balance Sheet Health
Financial Health criteria checks 3/6
GoHealth has a total shareholder equity of $397.3M and total debt of $481.3M, which brings its debt-to-equity ratio to 121.2%. Its total assets and total liabilities are $1.3B and $943.9M respectively.
Key information
121.2%
Debt to equity ratio
US$481.33m
Debt
| Interest coverage ratio | n/a |
| Cash | US$35.53m |
| Equity | US$397.28m |
| Total liabilities | US$943.87m |
| Total assets | US$1.34b |
Recent financial health updates
Recent updates
GoHealth: Turning The Corner On Operating Cash Flow
May 28GoHealth, 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 25Financial Position Analysis
Short Term Liabilities: GOCO's short term assets ($334.0M) exceed its short term liabilities ($282.0M).
Long Term Liabilities: GOCO's short term assets ($334.0M) do not cover its long term liabilities ($661.9M).
Debt to Equity History and Analysis
Debt Level: GOCO's net debt to equity ratio (112.2%) is considered high.
Reducing Debt: GOCO's debt to equity ratio has increased from 36.7% to 121.2% 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: 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 20.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 19:53 |
| 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
GoHealth, Inc. is covered by 17 analysts. 5 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 |
|---|---|
| Steven Valiquette | Barclays |
| Steven Valiquette | Barclays |
| Michael Cherny | BofA Global Research |