KPIs & Operating Metrics(New)
Growth Metrics

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

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DateValue
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