Clover Health Investments Stock Current Ratio
| CLOV Stock | USD 3.66 0.05 1.35% |
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.
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Clover Health Investments Company Current Ratio Analysis
Clover Health's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Clover Health Current Ratio | 1.29 X |
Most of Clover Health's fundamental indicators, such as Current Ratio, 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.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, Clover Health Investments has a Current Ratio of 1.29 times. This is 55.67% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 40.28% higher than that of the company.
Clover Current Ratio 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 Current Ratio 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 current ratio category among its peers.
Clover Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.0499 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 1.56 B | ||||
| Shares Outstanding | 418.53 M | ||||
| Shares Owned By Insiders | 5.09 % | ||||
| Shares Owned By Institutions | 22.38 % | ||||
| Number Of Shares Shorted | 15.33 M | ||||
| Price To Book | 5.54 X | ||||
| Price To Sales | 1.38 X | ||||
| Revenue | 1.37 B | ||||
| Gross Profit | 364.34 M | ||||
| EBITDA | (44.94 M) | ||||
| Net Income | (43.01 M) | ||||
| Cash And Equivalents | 711.78 M | ||||
| Cash Per Share | 1.49 X | ||||
| Total Debt | 239.6 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | 34.84 M | ||||
| Short Ratio | 2.24 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Price To Earnings To Growth | (0.08) X | ||||
| Target Price | 4.75 | ||||
| Number Of Employees | 570 | ||||
| Beta | 2.01 | ||||
| Market Capitalization | 1.89 B | ||||
| Total Asset | 580.74 M | ||||
| Retained Earnings | (2.2 B) | ||||
| Working Capital | 129.61 M | ||||
| Net Asset | 580.74 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.
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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.