Clover Health Investments Stock Cash And Equivalents

CLOV Stock

USD 3.48 0.06 1.75%

Clover Health Investments fundamentals help investors to digest information that contributes to Clover Health's financial success or failures. It also enables traders to predict the movement of Clover Stock. The fundamental analysis module provides a way to measure Clover Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clover Health stock.

Total Current Liabilities Other Current Liab

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Clover Health Investments Company Cash And Equivalents Analysis

Clover Health's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Clover Health Cash And Equivalents

711.78 M

Most of Clover Health's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clover Health Investments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Clover Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Clover Health is extremely important. It helps to project a fair market value of Clover Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Clover Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clover Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clover Health's interrelated accounts and indicators.

	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Net Debt	Good Will	Total Liab	Net Invested Capital	Net Working Capital	Intangible Assets	Current Deferred Revenue	Long Term Debt	Short Term Investments	Long Term Investments	Short Long Term Debt	Capital Stock	Short Term Debt
Net Tangible Assets		-0.96	-0.78	0.88	0.89	-0.23	0.57	0.93	0.82	-0.87	0.29	0.5	0.54	0.91	0.53	-0.27	-1.0	0.69	0.97	-0.62	-1.0	-1.0
Retained Earnings	-0.96		0.67	-0.82	-0.85	0.32	-0.41	-0.84	-0.81	0.75	-0.3	-0.4	-0.41	-0.8	-0.55	0.37	0.96	-0.55	-0.88	0.66	0.96	0.96
Accounts Payable	-0.78	0.67		-0.93	-0.63	-0.4	-0.79	-0.91	-0.34	0.77	-0.3	-0.91	-0.91	-0.76	-0.46	0.14	0.82	-0.61	-0.81	0.44	0.82	0.82
Net Receivables	0.88	-0.82	-0.93		0.78	0.15	0.69	0.95	0.53	-0.76	0.54	0.78	0.75	0.8	0.7	-0.1	-0.91	0.67	0.87	-0.42	-0.91	-0.91
Total Current Assets	0.89	-0.85	-0.63	0.78		-0.34	0.28	0.89	0.88	-0.89	0.44	0.36	0.41	0.94	0.53	0.15	-0.87	0.88	0.94	-0.25	-0.88	-0.87
Common Stock	-0.23	0.32	-0.4	0.15	-0.34		0.29	0.05	-0.7	0.08	-0.05	0.71	0.68	-0.16	-0.09	0.04	0.16	-0.11	-0.16	0.1	0.16	0.16
Property Plant Equipment	0.57	-0.41	-0.79	0.69	0.28	0.29		0.61	0.2	-0.47	0.2	0.65	0.63	0.47	0.35	-0.29	-0.6	0.29	0.53	-0.43	-0.6	-0.6
Total Assets	0.93	-0.84	-0.91	0.95	0.89	0.05	0.61		0.67	-0.92	0.41	0.71	0.75	0.95	0.56	-0.01	-0.94	0.83	0.97	-0.41	-0.95	-0.94
Total Stockholder Equity	0.82	-0.81	-0.34	0.53	0.88	-0.7	0.2	0.67		-0.74	0.25	-0.03	0.04	0.8	0.39	-0.03	-0.78	0.69	0.81	-0.36	-0.78	-0.77
Net Debt	-0.87	0.75	0.77	-0.76	-0.89	0.08	-0.47	-0.92	-0.74		-0.11	-0.54	-0.65	-0.99	-0.25	-0.04	0.86	-0.87	-0.96	0.37	0.87	0.85
Good Will	0.29	-0.3	-0.3	0.54	0.44	-0.05	0.2	0.41	0.25	-0.11		0.26	0.14	0.24	0.92	0.43	-0.32	0.43	0.31	0.24	-0.33	-0.33
Total Liab	0.5	-0.4	-0.91	0.78	0.36	0.71	0.65	0.71	-0.03	-0.54	0.26		0.98	0.51	0.39	-0.08	-0.56	0.44	0.56	-0.33	-0.56	-0.56
Net Invested Capital	0.54	-0.41	-0.91	0.75	0.41	0.68	0.63	0.75	0.04	-0.65	0.14	0.98		0.6	0.28	-0.05	-0.59	0.52	0.62	-0.33	-0.59	-0.58
Net Working Capital	0.91	-0.8	-0.76	0.8	0.94	-0.16	0.47	0.95	0.8	-0.99	0.24	0.51	0.6		0.37	0.07	-0.9	0.9	0.98	-0.35	-0.9	-0.89
Intangible Assets	0.53	-0.55	-0.46	0.7	0.53	-0.09	0.35	0.56	0.39	-0.25	0.92	0.39	0.28	0.37		0.13	-0.55	0.44	0.49	-0.14	-0.56	-0.56
Current Deferred Revenue	-0.27	0.37	0.14	-0.1	0.15	0.04	-0.29	-0.01	-0.03	-0.04	0.43	-0.08	-0.05	0.07	0.13		0.28	0.48	-0.05	0.85	0.26	0.28
Long Term Debt	-1.0	0.96	0.82	-0.91	-0.87	0.16	-0.6	-0.94	-0.78	0.86	-0.32	-0.56	-0.59	-0.9	-0.55	0.28		-0.68	-0.96	0.63	1.0	1.0
Short Term Investments	0.69	-0.55	-0.61	0.67	0.88	-0.11	0.29	0.83	0.69	-0.87	0.43	0.44	0.52	0.9	0.44	0.48	-0.68		0.84	0.0	-0.69	-0.67
Long Term Investments	0.97	-0.88	-0.81	0.87	0.94	-0.16	0.53	0.97	0.81	-0.96	0.31	0.56	0.62	0.98	0.49	-0.05	-0.96	0.84		-0.48	-0.97	-0.96
Short Long Term Debt	-0.62	0.66	0.44	-0.42	-0.25	0.1	-0.43	-0.41	-0.36	0.37	0.24	-0.33	-0.33	-0.35	-0.14	0.85	0.63	0.0	-0.48		0.61	0.63
Capital Stock	-1.0	0.96	0.82	-0.91	-0.88	0.16	-0.6	-0.95	-0.78	0.87	-0.33	-0.56	-0.59	-0.9	-0.56	0.26	1.0	-0.69	-0.97	0.61		1.0
Short Term Debt	-1.0	0.96	0.82	-0.91	-0.87	0.16	-0.6	-0.94	-0.77	0.85	-0.33	-0.56	-0.58	-0.89	-0.56	0.28	1.0	-0.67	-0.96	0.63	1.0

Click cells to compare fundamentals

Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

Competition

Predict Clover Health

In accordance with the recently published financial statements, Clover Health Investments has 711.78 M in Cash And Equivalents. This is 13.29% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The cash and equivalents for all United States stocks is 73.66% higher than that of the company.

Clover Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clover Health's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clover Health could also be used in its relative valuation, which is a method of valuing Clover Health by comparing valuation metrics of similar companies.

Clover Health is currently under evaluation in cash and equivalents category among its peers.

Clover Health Current Valuation Drivers

We derive many important indicators used in calculating different scores of Clover Health from analyzing Clover Health's financial statements. These drivers represent accounts that assess Clover Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clover Health's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	1.1B	1.5B	1.5B	442.7M	459.1M	436.1M
Enterprise Value	1.0B	1.5B	1.3B	344.7M	340.9M	323.8M

Clover Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Clover Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clover Health's managers, analysts, and investors.

Environmental

Governance

Social

Clover Fundamentals

	Return On Equity	-0.29
	Return On Asset	-0.0566
	Profit Margin	(0.04) %
	Operating Margin	(0.03) %
	Current Valuation	1.41 B
	Shares Outstanding	412.08 M
	Shares Owned By Insiders	5.33 %
	Shares Owned By Institutions	20.15 %
	Number Of Shares Shorted	16.44 M
	Price To Book	5.10 X
	Price To Sales	0.81 X
	Revenue	2.03 B
	Gross Profit	126.19 M
	EBITDA	(210.84 M)
	Net Income	(213.36 M)
	Cash And Equivalents	711.78 M
	Cash Per Share	1.49 X
	Total Debt	4.66 M
	Debt To Equity	0.07 %
	Current Ratio	1.29 X
	Book Value Per Share	0.68 X
	Cash Flow From Operations	(115.87 M)
	Short Ratio	1.99 X
	Earnings Per Share	(0.19) X
	Price To Earnings To Growth	(0.08) X
	Target Price	4.23
	Number Of Employees	552
	Beta	2.04
	Market Capitalization	1.71 B
	Total Asset	570.67 M
	Retained Earnings	(2.16 B)
	Working Capital	166.85 M
	Net Asset	570.67 M

About Clover Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Clover Health Investments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clover Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clover Health Investments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC