Clover Health Investments, Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Clover Health Investments, Corp.'s balance sheet done over the years? Its assets were worth $570,671,000 last year, which is less than in the previous period. 50% of Clover Health Investments, Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $284,277,000, which means an decrease by -38% compared compared to last year.
Debt to Assets
| 2019 | 100346 | 117.97K | 117.57% |
|---|---|---|---|
| 2020 | 267252000 | 835.63M | 312.68% |
| 2021 | 950804000 | 411.48M | 43.28% |
| 2022 | 808620000 | 460.88M | 57% |
| 2023 | 570671000 | 284.27M | 49.81% |
CLOV Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 122.86M | 103.79M | 299.96M | 28.00M | 67.59M |
Short term investments | 119.82M | 230.97M | 315.28M | 123.09M | 0 |
Net receivables | 113.83M | 147.15M | 62.32M | 84.94M | 0 |
Inventory | 0 | -101.88M | -153.91M | -208.04M | 0 |
Other current assets | 71.45M | 24.43M | 52.94M | 299.66K | 0 |
Total current assets | 427.97M | 624.99M | 752.54M | 28.30M | 67.59M |
Non-current assets: | |||||
Property, Plant and Equipment | 8.46M | 9.77M | 7.65M | 9.96M | 13.03M |
Goodwill | 0 | 11.74M | 1.24M | 1.23M | 1.24M |
Intangible assets | 2.99M | 8.25M | 2.99M | 3M | 2.99M |
Long term investments | 119.82M | 138.11M | 175.93M | 4.36M | 0 |
Other non-current assets | 11.42M | 15.73M | 10.43M | 828.11M | -17.16M |
Total non-current assets | 142.70M | 183.62M | 198.25M | 828.11M | 100.34K |
Total assets | 570.67M | 808.62M | 950.80M | 267.25M | 100.34K |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 3.09M | 141.94M | 165.86M | 102.42M | 0 |
Short term debt | 1.66M | 1.82M | 3.05M | 806.20K | 0 |
Total current liabilities | 261.11M | 440.65M | 372.62M | 33.93M | 117.97K |
| Non-current liabilities: | |||||
Long term debt | 2.99M | 4.03M | 24.76M | 106.41M | 57.91M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 20.16M | 16.19M | 14.09M | 28.98M | -57.91M |
Total non-current liabilities | 23.16M | 20.22M | 38.86M | 28.98M | 57.91M |
Total liabilities | 284.27M | 460.88M | 411.48M | 835.63M | 117.97K |
| Data source | Data source | Data source | Data source |