Clover Health Investments (CLOV) Interest Coverage Ratio (2020 - 2023)
Clover Health Investments posted quarterly Interest Coverage Ratio of 4126.0 for Q2 2023, down 1466.42% year-on-year from 301.96 in Q2 2022, and down 2409.55% on a QoQ basis from 164.41 in Q4 2022.
Clover Health Investments (CLOV) has 4 years of Interest Coverage Ratio data on file, last reported at 4126.0 in Q2 2023.
- For the quarter ending Q2 2023, Interest Coverage Ratio fell 1466.42% year-over-year to 4126.0; the trailing twelve-month figure through Mar 2024 stood at 21190.57 (down 6966.54% YoY), and the FY2023 full-year result was 29332.71, down 13539.84% from the prior year.
- Interest Coverage Ratio for Q2 2023 stood at 4126.0, down from 164.41 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.73 in Q2 2020 and bottomed at 4126.0 in Q2 2023.
- The 4-year median for Interest Coverage Ratio is 164.41 (2022), against an average of 465.25.
- The widest annual swing landed in 2021, when Interest Coverage Ratio plunged 15738.43%; it then soared 64.53% in 2022.
- A 4-year view of Interest Coverage Ratio shows it stood at 6.48 in 2020, then slumped by 7048.21% to 463.5 in 2021, then jumped by 64.53% to 164.41 in 2022, then plunged by 2409.55% to 4126.0 in 2023.
- The last three Interest Coverage Ratio figures came in at 4126.0 (Q2 2023), 164.41 (Q4 2022), and 183.41 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 9.41 |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 6.05 |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 2.14 |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | - |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 9.09 |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 11.35 |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 1.54 |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 11.26 |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 3.82 |
| 10 | Clover Health Investments | 2.05 Bn | 1.85 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -4,126.00 |
| Dec 31, 2022 | -164.41 |
| Sep 30, 2022 | -183.41 |
| Jun 30, 2022 | -263.40 |
| Mar 31, 2022 | -217.07 |
| Dec 31, 2021 | -463.50 |
| Sep 30, 2021 | -369.44 |
| Jun 30, 2021 | -150.18 |
| Mar 31, 2021 | -101.35 |
| Dec 31, 2020 | -6.48 |
| Sep 30, 2020 | -2.33 |
| Jun 30, 2020 | 2.73 |
| Mar 31, 2020 | -3.41 |