Clover Net Debt vs Current Deferred Revenue Analysis

CLOV Stock

USD 2.91 0.12 3.96%

Clover Health financial indicator trend analysis is way more than just evaluating Clover Health Investments prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clover Health Investments is a good investment. Please check the relationship between Clover Health Net Debt and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clover Health Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Net Debt vs Current Deferred Revenue

Net Debt vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clover Health Investments Net Debt account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.

The correlation between Clover Health's Net Debt and Current Deferred Revenue is -0.95. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Clover Health Investments, assuming nothing else is changed. The correlation between historical values of Clover Health's Net Debt and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Clover Health Investments are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Debt i.e., Clover Health's Net Debt and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.95

Relationship Direction	Negative
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Clover Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clover Health Investments current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clover Health Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Sales General And Administrative To Revenue is likely to climb to 0.32 in 2024, whereas Selling General Administrative is likely to drop slightly above 386.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	557.8M	393.7M	447.2M	389.3M
Cost Of Revenue	1.6B	3.5B	1.8B	1.7B

Total Operating Expenses Cost Of Revenue

Clover Health fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab
Other Current Liab		0.89	-0.47	0.84	-0.81	-0.56	0.6	0.67	-0.18	0.93	-0.42	0.35	0.82	-0.45	0.86	-0.59	-0.72	0.68	-0.09	-0.37	0.84	0.68	0.86	-0.57	0.8	0.27
Total Current Liabilities	0.89		-0.77	0.74	-0.8	-0.4	0.62	0.54	0.13	0.91	-0.43	-0.02	0.71	-0.35	0.8	-0.5	-0.65	0.64	-0.14	-0.39	0.74	0.57	0.76	-0.46	0.73	0.18
Other Liab	-0.47	-0.77		-0.4	0.58	-0.12	-0.52	-0.07	-0.51	-0.55	0.64	0.5	-0.22	-0.07	-0.63	0.12	0.28	-0.36	0.49	0.62	-0.26	-0.11	-0.37	0.02	-0.63	0.28
Net Tangible Assets	0.84	0.74	-0.4		-0.96	-0.78	0.51	0.75	-0.5	0.89	-0.23	0.57	0.93	-0.73	0.82	-0.89	-0.87	0.76	0.16	-0.17	0.86	0.29	0.97	-0.79	0.85	0.5
Retained Earnings	-0.81	-0.8	0.58	-0.96		0.67	-0.44	-0.75	0.38	-0.85	0.32	-0.41	-0.84	0.68	-0.81	0.8	0.75	-0.64	-0.06	0.26	-0.74	-0.3	-0.95	0.75	-0.89	-0.4
Accounts Payable	-0.56	-0.4	-0.12	-0.78	0.67		-0.14	-0.84	0.76	-0.63	-0.4	-0.79	-0.91	0.95	-0.34	0.94	0.77	-0.55	-0.71	-0.45	-0.8	-0.3	-0.81	0.95	-0.35	-0.91
Other Assets	0.6	0.62	-0.52	0.51	-0.44	-0.14		-0.08	0.3	0.75	-0.57	-0.08	0.49	0.09	0.81	-0.32	-0.73	0.89	-0.37	-0.55	0.65	-0.01	0.44	0.02	0.57	-0.14
Net Receivables	0.67	0.54	-0.07	0.75	-0.75	-0.84	-0.08		-0.69	0.59	0.2	0.68	0.79	-0.9	0.36	-0.75	-0.5	0.25	0.49	0.25	0.62	0.62	0.84	-0.95	0.49	0.72
Other Current Assets	-0.18	0.13	-0.51	-0.5	0.38	0.76	0.3	-0.69		-0.13	-0.42	-0.95	-0.51	0.79	-0.03	0.66	0.34	-0.1	-0.62	-0.46	-0.33	-0.09	-0.51	0.76	-0.2	-0.7
Total Current Assets	0.93	0.91	-0.55	0.89	-0.85	-0.63	0.75	0.59	-0.13		-0.34	0.28	0.89	-0.5	0.88	-0.72	-0.89	0.86	0.02	-0.29	0.92	0.44	0.88	-0.59	0.77	0.36
Common Stock	-0.42	-0.43	0.64	-0.23	0.32	-0.4	-0.57	0.2	-0.42	-0.34		0.29	0.05	-0.46	-0.7	-0.21	0.08	-0.28	0.92	1.0	-0.05	-0.05	-0.18	-0.34	-0.69	0.71
Property Plant Equipment	0.35	-0.02	0.5	0.57	-0.41	-0.79	-0.08	0.68	-0.95	0.28	0.29		0.61	-0.73	0.2	-0.67	-0.47	0.27	0.51	0.33	0.47	0.2	0.59	-0.73	0.28	0.65
Total Assets	0.82	0.71	-0.22	0.93	-0.84	-0.91	0.49	0.79	-0.51	0.89	0.05	0.61		-0.81	0.67	-0.93	-0.92	0.78	0.42	0.1	0.96	0.41	0.93	-0.85	0.62	0.71
Short Long Term Debt Total	-0.45	-0.35	-0.07	-0.73	0.68	0.95	0.09	-0.9	0.79	-0.5	-0.46	-0.73	-0.81		-0.22	0.9	0.61	-0.34	-0.75	-0.51	-0.64	-0.29	-0.75	0.99	-0.33	-0.92
Total Stockholder Equity	0.86	0.8	-0.63	0.82	-0.81	-0.34	0.81	0.36	-0.03	0.88	-0.7	0.2	0.67	-0.22		-0.51	-0.74	0.8	-0.38	-0.66	0.72	0.25	0.77	-0.32	0.93	-0.03
Property Plant And Equipment Net	-0.59	-0.5	0.12	-0.89	0.8	0.94	-0.32	-0.75	0.66	-0.72	-0.21	-0.67	-0.93	0.9	-0.51		0.88	-0.7	-0.57	-0.26	-0.84	-0.12	-0.86	0.9	-0.53	-0.8
Net Debt	-0.72	-0.65	0.28	-0.87	0.75	0.77	-0.73	-0.5	0.34	-0.89	0.08	-0.47	-0.92	0.61	-0.74	0.88		-0.95	-0.27	0.03	-0.94	-0.11	-0.82	0.64	-0.61	-0.54
Cash	0.68	0.64	-0.36	0.76	-0.64	-0.55	0.89	0.25	-0.1	0.86	-0.28	0.27	0.78	-0.34	0.8	-0.7	-0.95		0.03	-0.23	0.87	0.01	0.69	-0.38	0.61	0.29
Non Current Assets Total	-0.09	-0.14	0.49	0.16	-0.06	-0.71	-0.37	0.49	-0.62	0.02	0.92	0.51	0.42	-0.75	-0.38	-0.57	-0.27	0.03		0.94	0.31	0.07	0.19	-0.66	-0.36	0.93
Non Currrent Assets Other	-0.37	-0.39	0.62	-0.17	0.26	-0.45	-0.55	0.25	-0.46	-0.29	1.0	0.33	0.1	-0.51	-0.66	-0.26	0.03	-0.23	0.94		0.01	-0.03	-0.12	-0.4	-0.65	0.75
Cash And Short Term Investments	0.84	0.74	-0.26	0.86	-0.74	-0.8	0.65	0.62	-0.33	0.92	-0.05	0.47	0.96	-0.64	0.72	-0.84	-0.94	0.87	0.31	0.01		0.41	0.83	-0.69	0.59	0.61
Good Will	0.68	0.57	-0.11	0.29	-0.3	-0.3	-0.01	0.62	-0.09	0.44	-0.05	0.2	0.41	-0.29	0.25	-0.12	-0.11	0.01	0.07	-0.03	0.41		0.41	-0.39	0.24	0.26
Common Stock Shares Outstanding	0.86	0.76	-0.37	0.97	-0.95	-0.81	0.44	0.84	-0.51	0.88	-0.18	0.59	0.93	-0.75	0.77	-0.86	-0.82	0.69	0.19	-0.12	0.83	0.41		-0.83	0.8	0.52
Non Current Liabilities Total	-0.57	-0.46	0.02	-0.79	0.75	0.95	0.02	-0.95	0.76	-0.59	-0.34	-0.73	-0.85	0.99	-0.32	0.9	0.64	-0.38	-0.66	-0.4	-0.69	-0.39	-0.83		-0.43	-0.86
Other Stockholder Equity	0.8	0.73	-0.63	0.85	-0.89	-0.35	0.57	0.49	-0.2	0.77	-0.69	0.28	0.62	-0.33	0.93	-0.53	-0.61	0.61	-0.36	-0.65	0.59	0.24	0.8	-0.43		-0.01
Total Liab	0.27	0.18	0.28	0.5	-0.4	-0.91	-0.14	0.72	-0.7	0.36	0.71	0.65	0.71	-0.92	-0.03	-0.8	-0.54	0.29	0.93	0.75	0.61	0.26	0.52	-0.86	-0.01

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Clover Health Account Relationship Matchups

Clover Health fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	118.0K	(100.0M)	175.6M	264.4M	80.6M	77.1M
Total Current Liabilities	118.0K	33.9M	372.6M	440.7M	261.1M	237.5M
Other Liab	168.0M	155.7M	14.1M	16.2M	14.6M	13.8M
Net Tangible Assets	(492.8M)	(621.3M)	404.2M	327.7M	376.9M	395.7M
Retained Earnings	(17.6K)	(6.8M)	(1.6B)	(2.0B)	(2.2B)	(2.1B)
Accounts Payable	114.8M	30.7M	28.1M	32.4M	37.2M	51.3M
Other Assets	(67.6M)	(589.2M)	950.8M	15.7M	18.1M	17.2M
Net Receivables	44.5M	84.9M	62.3M	147.2M	113.8M	90.7M
Other Current Assets	2.2M	299.7K	52.9M	24.4M	1.4M	1.3M
Total Current Assets	67.6M	28.3M	752.5M	625.0M	428.0M	384.2M
Property Plant Equipment	13.0M	10.0M	7.7M	9.8M	11.2M	9.6M

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