Clover Health Investments (CLOV) Invested Capital (2020 - 2023)
Clover Health Investments' (CLOV) quarterly Invested Capital came in at $1.3 million in Q1 2023, down 31.74% YoY from $2.0 million in Q1 2022, and down 15.01% on a QoQ basis from $1.6 million in Q4 2022.
Clover Health Investments (CLOV) Invested Capital (2020 - 2023) Analysis & Trends
Clover Health Investments (CLOV) has 4 years of Invested Capital data on file, last reported at $1.3 million in Q1 2023.
- Quarterly Invested Capital fell 31.74% year-over-year to $1.3 million in Q1 2023, while the trailing twelve-month figure through Dec 2023 was $1.3 million (down 80.17% YoY) and the FY2022 annual result came in at $1.6 million, down 32.5% from the prior year.
- Invested Capital slipped to $1.3 million in Q1 2023, from $1.6 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $2.3 million in Q4 2021 to a low of $1.3 million in Q1 2023.
- A 4-year average of $1.7 million and a median of $1.6 million in 2022 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2021 — Invested Capital jumped 49.97% — and 2022, when it plunged 32.5%.
- Tracing CLOV's Invested Capital over 4 years: stood at $1.5 million in 2020, then jumped by 49.97% to $2.3 million in 2021, then plunged by 32.5% to $1.6 million in 2022, then slipped by 15.01% to $1.3 million in 2023.
- The last three Invested Capital figures came in at $1.3 million (Q1 2023), $1.6 million (Q4 2022), and $1.7 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 3.83 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 1.96 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 375.00 Mn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 2.27 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 75.00 Mn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | - |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | - |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | - |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | - |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.33 Mn |
| Dec 31, 2022 | 1.57 Mn |
| Sep 30, 2022 | 1.66 Mn |
| Jun 30, 2022 | 1.54 Mn |
| Mar 31, 2022 | 1.95 Mn |
| Dec 31, 2021 | 2.32 Mn |
| Dec 31, 2020 | 1.55 Mn |