Clover Net Working Capital from 2010 to 2024

CLOV Stock  USD 3.43  0.05  1.44%   
Clover Health Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital will likely drop to about 159.6 M in 2024. During the period from 2010 to 2024, Clover Health Net Working Capital regression line of quarterly data had r-squared of  0.41 and coefficient of variation of  192.20. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
166.9 M
Current Value
159.6 M
Quarterly Volatility
113.3 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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Clover Health Investments over the last few years. It is Clover Health's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Clover Net Working Capital Regression Statistics

Arithmetic Mean58,925,888
Coefficient Of Variation192.20
Mean Deviation87,332,749
Median(117,977)
Standard Deviation113,256,035
Sample Variance12826.9T
Range385.6M
R-Value0.64
Mean Square Error8137T
R-Squared0.41
Significance0.01
Slope16,234,455
Total Sum of Squares179577T

Clover Net Working Capital History

2024159.6 M
2023166.9 M
2022184.3 M
2021379.9 M
2020-5.6 M

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Net Working Capital, 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 Working Capital166.9 M159.6 M

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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.