Clover Health Investments (CLOV) Short term Debt (2020 - 2023)
Clover Health Investments (CLOV) reported Short term Debt of $1.3 million for Q1 2023, down 31.74% on a YoY basis from $2.0 million in Q1 2022, and down 15.01% quarter-over-quarter from $1.6 million in Q4 2022.
Clover Health Investments (CLOV) Short term Debt (2020 - 2023) Analysis & Trends
Clover Health Investments has reported Short term Debt for 4 years, with the latest figure at $1.3 million in Q1 2023.
- For the quarter ending Q1 2023, Short term Debt fell 31.74% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2023 stood at $1.3 million (down 31.74% YoY), and the FY2022 full-year result was $1.6 million, down 32.5% from the prior year.
- Short term Debt for Q1 2023 stood at $1.3 million, down from $1.6 million in the prior quarter.
- The five-year high for Short term Debt was $20.8 million in Q4 2020, with the low at $1.3 million in Q1 2023.
- Historically, Short term Debt has averaged $4.5 million across 4 years, with a median of $1.7 million in 2022.
- Annual changes were most pronounced in 2021 — Short term Debt slumped 88.85% — and 2023, when it slumped 31.74%.
- Clover Health Investments' Short term Debt stood at $20.8 million in 2020, then tumbled by 88.85% 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 Short term Debt 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) |
|---|---|---|---|---|
| 1 | Unitedhealth | 370.74 Bn | 340.93 Bn | 98.90 Bn |
| 2 | Cvs Health | 129.62 Bn | 118.00 Bn | 4.43 Bn |
| 3 | Elevance Health | 88.73 Bn | 53.31 Bn | 13.88 Bn |
| 4 | Cigna | 78.23 Bn | 70.61 Bn | -44.29 Bn |
| 5 | Humana | 45.63 Bn | 23.73 Bn | 4.00 Bn |
| 6 | Centene | 32.06 Bn | 8.39 Bn | 49.24 Bn |
| 7 | Molina Healthcare | 10.16 Bn | 905.08 Mn | 1.53 Bn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn |
| 9 | Alignment Healthcare | 4.05 Bn | 3.33 Bn | 135.85 Mn |
| 10 | Clover Health Investments | 2.46 Bn | 2.27 Bn | 154.54 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 | 20.80 Mn |