Clover Health Investments (CLOV) Short term Debt (2020 - 2023)
Clover Health Investments' (CLOV) quarterly Short term Debt 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) Short term Debt (2020 - 2023) Analysis & Trends
Clover Health Investments (CLOV) has 4 years of Short term Debt data on file, last reported at $1.3 million in Q1 2023.
- Quarterly Short term Debt fell 31.74% year-over-year to $1.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $1.3 million (down 31.74% YoY) and the FY2022 annual result came in at $1.6 million, down 32.5% from the prior year.
- Short term Debt slipped to $1.3 million in Q1 2023, from $1.6 million in the prior quarter.
- In the past five years, Short term Debt 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 Short term Debt.
- Annual changes were most pronounced in 2021 — Short term Debt jumped 49.97% — and 2022, when it plunged 32.5%.
- Tracing CLOV's Short term Debt 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 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 | 346.93 Bn | 315.46 Bn | 36.67 Bn |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn |
| 10 | Progyny | 2.03 Bn | 1.79 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 |