Bright Health Group
Financial ratios & Valuation

Historical Multiples (2018 – 2023)

2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-35.05-16.73-9.12-1.14-0.64-0.05-0.08-9.12
Price/Sales ratio
16.817.971.870.330.160.050.050.33
Price/Book Value ratio
N/A-8.49-4.491.170.56N/A0.17-4.49
Price/Cash Flow ratio
-81.23-272.64-39.5916.441.74-0.020.54-39.59
Price/Free Cash Flow ratio
-79.20-248.62-35.5726.121.97-0.020.62-35.57
Price/Earnings Growth ratio
N/A-0.15-0.10-0.010.00-0.00-0.00-0.10
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
26.19%20.05%13.25%1.87%8.53%-10.58%8.53%1.87%
Operating Profit Margin
-47.95%-44.65%-21.33%-29.73%-19.76%-54.07%-20.04%-21.33%
Pretax Profit Margin
-47.95%-44.65%-21.33%-29.90%-26.29%-54.20%-26.29%-29.90%
Net Profit Margin
-47.95%-47.63%-20.57%-29.24%-26.44%-103.42%-60.34%-29.24%
Effective Tax Rate
-5.60%-6.66%3.55%2.20%-0.58%0.22%-0.58%2.20%
Return on Assets
N/A-16.29%-13.71%-32.74%-13.67%N/A-31.20%-32.74%
Return On Equity
N/A50.76%49.32%-102.90%-88.61%N/A-117.14%-102.90%
Return on Capital Employed
N/A-20.03%-20.68%-91.07%-48.82%N/A-49.50%-91.07%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/A0.96N/A
Quick Ratio
N/A3.322.080.720.21N/A0.170.72
Cash ratio
N/A2.680.860.460.12N/A0.120.46
Days of Sales Outstanding
N/A1.0218.2910.2726.14N/A26.1418.29
Days of Inventory outstanding
N/AN/AN/AN/A460.49N/AN/AN/A
Operating Cycle
N/A1.0218.2910.27486.64N/A6.4410.27
Days of Payables Outstanding
N/A53.9119.9510.9011.22N/A11.2210.90
Cash Conversion Cycle
N/A-52.88-1.65-0.62475.41N/A14.92-1.65
Debt Ratios
Debt Ratio
N/A0.160.240.040.06N/A0.790.24
Debt Equity Ratio
N/A-0.49-0.860.130.42N/A5.17-0.86
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/A-0.99-6.610.110.29N/AN/A-6.61
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A-37.70N/A
Cash Flow to Debt Ratio
N/A-0.06-0.130.520.77N/AN/A-0.13
Company Equity Multiplier
N/A-3.11-3.593.146.47N/A6.47-3.59
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.20-0.02-0.040.020.09-2.340.09-0.04
Free Cash Flow / Operating Cash Flow Ratio
1.021.091.110.620.881.000.880.62
Cash Flow Coverage Ratio
N/A-0.06-0.130.520.77N/AN/A-0.13
Short Term Coverage Ratio
N/A-0.06-0.130.520.77N/A0.77-0.13
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/A