Clover Health Investments (CLOV) Interest Coverage Ratio (2020 - 2023)
Clover Health Investments (CLOV) reported Interest Coverage Ratio of 4126.0 for Q2 2023, down 1466.42% on a YoY basis from 301.96 in Q2 2022, and down 2409.55% quarter-over-quarter from 164.41 in Q4 2022.
Clover Health Investments (CLOV) Interest Coverage Ratio (2020 - 2023) Analysis & Trends
Clover Health Investments has reported Interest Coverage Ratio for 4 years, with the latest figure 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.
- The five-year high for Interest Coverage Ratio was 2.73 in Q2 2020, with the low at 4126.0 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 465.25 across 4 years, with a median of 164.41 in 2022.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio slumped 15738.43% — and 2022, when it soared 64.53%.
- Clover Health Investments' Interest Coverage Ratio stood at 6.48 in 2020, then tumbled by 7048.21% to 463.5 in 2021, then soared by 64.53% to 164.41 in 2022, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 9.41 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 6.05 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 2.14 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | - |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 9.09 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 11.35 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 1.54 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 11.26 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 3.82 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 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 |