Clover Current Ratio from 2010 to 2024

CLOV Stock  USD 3.43  0.05  1.44%   
Clover Health Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 1.56 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.63900963
Current Value
1.56
Quarterly Volatility
145.82314457
 
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Clover Health Investments over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Clover Health's Current Ratio 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.
ViewLast Reported 1.29 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Clover Current Ratio Regression Statistics

Arithmetic Mean46.20
Geometric Mean7.85
Coefficient Of Variation315.61
Mean Deviation70.24
Median12.51
Standard Deviation145.82
Sample Variance21,264
Range572
R-Value0.09
Mean Square Error22,703
R-Squared0.01
Significance0.74
Slope3.02
Total Sum of Squares297,701

Clover Current Ratio History

2024 1.56
2023 1.64
2022 1.42
2021 2.02
2020 0.83
2019 572.98

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Current Ratio, 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
Current Ratio 1.64  1.56 

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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.