Clover Net Borrowings from 2010 to 2024

CLOV Stock  USD 3.23  0.04  1.25%   
Clover Health Net Borrowings yearly trend continues to be fairly stable with very little volatility. Net Borrowings is likely to outpace its year average in 2024. Net Borrowings is the difference between the amount of new debt Clover Health Investments has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2010-12-31
Previous Quarter
-27.8 M
Current Value
-26.4 M
Quarterly Volatility
87.4 M
 
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 Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Clover Health Investments over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Clover Health's Net Borrowings 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.
Net Borrowings10 Years Trend
Pretty Stable
   Net Borrowings   
       Timeline  

Clover Net Borrowings Regression Statistics

Arithmetic Mean32,447,575
Geometric Mean28,096,994
Coefficient Of Variation269.37
Mean Deviation40,172,323
Median29,761,000
Standard Deviation87,402,681
Sample Variance7639.2T
Range364.7M
R-Value(0.14)
Mean Square Error8067T
R-Squared0.02
Significance0.62
Slope(2,724,033)
Total Sum of Squares106949.2T

Clover Net Borrowings History

2024-26.4 M
2023-27.8 M
2021-30.9 M
20201.2 M
2019333.7 M

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Net Borrowings, 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
Net Borrowings-27.8 M-26.4 M

Thematic Opportunities

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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.