Clover Capex To Revenue from 2010 to 2024

CLOV Stock  USD 3.15  0.06  1.87%   
Clover Health Capex To Revenue yearly trend continues to be fairly stable with very little volatility. Capex To Revenue will likely drop to 0.0003 in 2024. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
0.00028716
Current Value
0.000273
Quarterly Volatility
0.00239219
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
  
Check out the analysis of Clover Health Correlation against competitors.

Latest Clover Health's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Clover Health Investments over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Clover Health's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
Capex To Revenue10 Years Trend
Slightly volatile
   Capex To Revenue   
       Timeline  

Clover Capex To Revenue Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation70.79
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.00000572
Range0.0052
R-Value(0.85)
Mean Square Error0.00000176
R-Squared0.71
Significance0.000073
Slope(0.0005)
Total Sum of Squares0.00008

Clover Capex To Revenue History

2024 2.73E-4
2023 2.87E-4
2022 0.001285
2021 4.91E-4
2020 0.00103
2019 5.0E-5

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Capex To Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Clover Stock Analysis

When running Clover Health's price analysis, check to measure Clover Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.