Clover Health Investments (CLOV) Interest Expenses (2020 - 2023)
Clover Health Investments posted quarterly Interest Expenses of $7000.0 for Q2 2023, down 98.21% year-on-year from $390000.0 in Q2 2022, and down 94.85% on a QoQ basis from $136000.0 in Q4 2022.
Clover Health Investments (CLOV) has 4 years of Interest Expenses data on file, last reported at $7000.0 in Q2 2023.
- For the quarter ending Q2 2023, Interest Expenses fell 98.21% year-over-year to $7000.0; the trailing twelve-month figure through Mar 2024 stood at $7000.0 (down 99.25% YoY), and the FY2023 full-year result was $7000.0, down 99.47% from the prior year.
- Interest Expenses for Q2 2023 stood at $7000.0, down from $136000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $10.4 million in Q4 2020 and bottomed at $7000.0 in Q2 2023.
- The 4-year median for Interest Expenses is $404000.0 (2021), against an average of $3.1 million.
- The widest annual swing landed in 2022, when Interest Expenses changed 0.0%; it then sank 98.21% in 2023.
- A 4-year view of Interest Expenses shows it stood at $10.4 million in 2020, then tumbled by 96.14% to $403000.0 in 2021, then sank by 66.25% to $136000.0 in 2022, then sank by 94.85% to $7000.0 in 2023.
- The last three Interest Expenses figures came in at $7000.0 (Q2 2023), $136000.0 (Q4 2022), and $404000.0 (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 955.00 Mn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 774.00 Mn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 357.00 Mn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | - |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 193.00 Mn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 164.00 Mn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 54.00 Mn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 5.38 Mn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 4.06 Mn |
| 10 | Clover Health Investments | 2.05 Bn | 1.85 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 7,000.00 |
| Jun 30, 2023 | 7,000.00 |
| Dec 31, 2022 | 136,000.00 |
| Dec 31, 2022 | 136,000.00 |
| Sep 30, 2022 | 404,000.00 |
| Sep 30, 2022 | 404,000.00 |
| Jun 30, 2022 | 390,000.00 |
| Jun 30, 2022 | 390,000.00 |
| Mar 31, 2022 | 403,000.00 |
| Mar 31, 2022 | 403,000.00 |
| Dec 31, 2021 | 403,000.00 |
| Dec 31, 2021 | 403,000.00 |
| Sep 30, 2021 | 404,000.00 |
| Sep 30, 2021 | 404,000.00 |
| Jun 30, 2021 | 1.21 Mn |
| Jun 30, 2021 | 1.21 Mn |
| Mar 31, 2021 | 1.18 Mn |
| Mar 31, 2021 | 1.18 Mn |
| Dec 31, 2020 | 10.43 Mn |
| Dec 31, 2020 | 10.43 Mn |
| Sep 30, 2020 | 9.27 Mn |
| Sep 30, 2020 | 9.27 Mn |
| Jun 30, 2020 | 8.48 Mn |
| Jun 30, 2020 | 8.48 Mn |
| Mar 31, 2020 | 7.82 Mn |
| Mar 31, 2020 | 7.82 Mn |