Clover Health Investments, Corp. /De financial data

Symbol
CLOV on Nasdaq
Industry
Hospital & Medical Service Plans
Location
30 Montgomery Street, Jersey City, NJ
State of incorporation
DE
Fiscal year end
December 31
Former names
Social Capital Hedosophia Holdings Corp. III (to 1/7/2021)
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 160 % +28%
Debt-to-equity 293 % +26.2%
Return On Equity -13.2 % +80.4%
Return On Assets -6.67 % +78.9%
Operating Margin -3.34 % +79.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 610M USD +69.4%
Weighted Average Number of Shares Outstanding, Basic 490M shares +1.63%
Weighted Average Number of Shares Outstanding, Diluted 490M shares +1.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.37B USD +8.77%
General and Administrative Expense 176M USD -3.61%
Operating Income (Loss) -45.7M USD +77.7%
Net Income (Loss) Attributable to Parent -43M USD +79.8%
Earnings Per Share, Basic -0.44 USD/shares +38%
Earnings Per Share, Diluted -0.44 USD/shares +38%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 195M USD +58.3%
Other Assets, Current 15.6M USD -16.2%
Assets, Current 343M USD -19.8%
Property, Plant and Equipment, Net 5.31M USD +4.43%
Operating Lease, Right-of-Use Asset 2.59M USD -28.6%
Goodwill 0 USD -100%
Other Assets, Noncurrent 13.3M USD -2.71%
Assets 581M USD +1.77%
Contract with Customer, Liability, Current 17K USD -100%
Liabilities, Current 214M USD -18.2%
Operating Lease, Liability, Noncurrent 2.32M USD -29.5%
Other Liabilities, Noncurrent 26.1M USD +12.6%
Liabilities 240M USD -15.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.58M USD +33.2%
Retained Earnings (Accumulated Deficit) -2.2B USD -1.99%
Stockholders' Equity Attributable to Parent 323M USD -34%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 341M USD +19.1%
Liabilities and Equity 581M USD +1.77%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 25.9M USD -67.2%
Net Cash Provided by (Used in) Financing Activities -3.36M USD -57.4%
Net Cash Provided by (Used in) Investing Activities 9.19M USD -9.78%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 31.8M USD -63.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 195M USD +10.2%
Deferred Tax Assets, Valuation Allowance 401M USD +0.98%
Deferred Tax Assets, Gross 403M USD +1.14%
Operating Lease, Liability 3.33M USD -28.7%
Payments to Acquire Property, Plant, and Equipment 445K USD +77.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -42.2M USD +79.5%
Lessee, Operating Lease, Liability, to be Paid 3.91M USD -30.8%
Property, Plant and Equipment, Gross 11.2M USD +16.1%
Operating Lease, Liability, Current 1.35M USD -19.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.16M USD -8.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.26M USD -27.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 581K USD -41.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.19M USD +3.03%
Deferred Tax Assets, Operating Loss Carryforwards 320M USD -0.15%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 303K USD -74.5%
Additional Paid in Capital 2.58B USD +4.68%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 2.27M USD +38.8%
Share-based Payment Arrangement, Expense 141M USD -14.2%
Interest Expense 7K USD -99.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%