Clover Health Investments (CLOV) Short term Debt (2020 - 2023)
Clover Health Investments posted quarterly Short term Debt of $1.3 million for Q1 2023, down 31.74% year-on-year 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) has 4 years of Short term Debt data on file, last reported 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.
- Across five years, Short term Debt topped out at $20.8 million in Q4 2020 and bottomed at $1.3 million in Q1 2023.
- The 4-year median for Short term Debt is $1.7 million (2022), against an average of $4.5 million.
- The widest annual swing landed in 2021, when Short term Debt plunged 88.85%; it then plunged 31.74% in 2023.
- A 4-year view of Short term Debt shows it stood at $20.8 million in 2020, then slumped by 88.85% to $2.3 million in 2021, then tumbled by 32.5% to $1.6 million in 2022, then dropped 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 | 345.31 Bn | 315.51 Bn | 98.90 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn |
| 10 | Clover Health Investments | 2.05 Bn | 1.85 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 |