Clover Interest Expense from 2010 to 2024

CLOV Stock  USD 3.25  0.08  2.40%   
Clover Health Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to 6,650 in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
K
Current Value
6.7 K
Quarterly Volatility
17.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Minority Interest of 3.1 M or Depreciation And Amortization of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
  
Check out the analysis of Clover Health Correlation against competitors.

Latest Clover Health's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Clover Health Investments over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Clover Health's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Clover Interest Expense Regression Statistics

Arithmetic Mean7,630,843
Geometric Mean0.00
Coefficient Of Variation227.03
Mean Deviation12,025,796
Median0.00
Standard Deviation17,324,614
Sample Variance300.1T
Range57.1M
R-Value0.30
Mean Square Error294.4T
R-Squared0.09
Significance0.28
Slope1,157,156
Total Sum of Squares4202T

Clover Interest Expense History

2024 6650.0
2023 7000.0
20221.4 M
202116.9 M
202057.1 M
201939.1 M

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest ExpenseK6.7 K

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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.