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Bright Health Group Inc

Healthcare US BHG

NoneUSD
-(-%)

Last update at 2024-03-05T21:02:07.306610Z

Day Range

--
LowHigh

52 Week Range

4.9486.40
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -634.28500M -1204.88600M -257.60300M -125.33700M -62.64100M
Minority interest -95.66400M -6.49700M 39.60M 39.60M 39.60M
Net income -637.96500M -1178.36500M -248.44200M -133.68700M -62.64100M
Selling general administrative 501.84M 626.36M 211.75M 104.22M 54.48M
Selling and marketing expenses 82.34M 287.75M 96.94M 49.71M 26.75M
Gross profit 205.79M 75.72M 160.02M 56.29M 34.23M
Reconciled depreciation 50.58M 35.48M 8.29M 1.13M 1.03M
Ebit -476.67300M -1198.15600M -257.60300M -125.33700M -62.64100M
Ebitda -425.31400M -1161.44600M -249.31400M -124.20300M -61.61100M
Depreciation and amortization 51.36M 36.71M 8.29M 1.13M 1.03M
Non operating income net other 0.78M 1.23M - - -
Operating income -476.67300M -1198.15600M -257.60300M -125.33700M -62.64100M
Other operating expenses 2888.70M 5227.55M 1464.92M 406.01M 193.27M
Interest expense 12.82M 7.96M 0.00000M 0.00000M 0.00000M
Tax provision 3.68M -26.52100M -9.16100M 0.00000M 0.00000M
Interest income 12.82M 7.96M 0.00000M - -
Net interest income -12.82100M -7.95600M - 0.00000M -
Extraordinary items -721.91500M -855.25500M -87.22000M - -
Non recurring 145.57M - - - -
Other items - - - - -
Income tax expense 3.68M -26.52100M -9.16100M 8.35M 3.51M
Total revenue 2412.03M 4029.39M 1207.32M 280.67M 130.63M
Total operating expenses 682.46M 1273.87M 417.62M 181.62M 96.87M
Cost of revenue 2206.24M 3953.67M 1047.30M 224.39M 96.41M
Total other income expense net -157.61200M -6.73000M 8.47M 8.35M 3.51M
Discontinued operations -721.91500M -855.25500M -87.22000M -87.22000M -
Net income from continuing ops -637.96500M -1178.36500M -248.44200M -125.33700M -62.64100M
Net income applicable to common shares -1495.23100M -1184.86200M -248.44200M -125.33700M -62.64100M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 4665.05M 3598.34M 1810.80M 820.36M -
Intangible assets 249.08M 343.86M 152.21M 18.71M -
Earning assets - - - - -
Other current assets 134.84M 291.71M 130.99M 17.22M -
Total liab 3725.37M 2453.22M 2314.47M 1083.72M -
Total stockholder equity 719.93M 1145.12M -503.67200M -263.36700M -
Deferred long term liab - - - - -
Other current liab 3316.65M 1956.38M 35.85M 14.14M -
Common stock 0.06M 0.06M 0.01M 0.01M -
Capital stock 920.48M 0.06M 0.01M 0.01M -
Retained earnings -3156.39500M -1700.85100M -515.98900M -267.54700M -
Other liab 3.22M 41.99M 6.73M 5.89M -
Good will 760.08M 835.14M 263.04M 20.12M -
Other assets 2796.68M 45.60M 1.34M 0.31M -
Cash 466.32M 1061.18M 488.37M 522.91M -
Cash and equivalents 466.32M 1061.18M 488.37M 522.91M -
Total current liabilities 3688.69M 2282.82M 565.28M 194.90M -
Current deferred revenue 0.24M 53.30M 34.63M 16.00M -
Net debt -162.37800M -906.17900M -488.37100M -522.91000M -
Short term debt 303.95M 155.00M 437.55M 131.61M -
Short long term debt 303.95M 155.00M - - -
Short long term debt total 303.95M 155.00M - - -
Other stockholder equity 2960.27M -749.09600M 9.88M 3.18M -
Property plant equipment 42.60M 38.34M 39.23M 17.26M -
Total current assets 3570.63M 1660.20M 1179.81M 648.60M -
Long term investments 5.40M 675.19M 175.18M 115.35M -
Net tangible assets -69.47600M -33.88000M -918.91800M -302.20400M -
Short term investments 13.21M 193.84M 499.93M 107.68M -
Net receivables 172.79M 113.47M 60.52M 0.79M -
Long term debt - - - - -
Inventory 2783.47M - - - -
Accounts payable 67.85M 118.14M 57.25M 33.14M -
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -4.42900M -3.33500M 2.43M 0.98M -
Additional paid in capital - - - - -
Common stock total equity 0.06M 0.06M 0.01M 0.01M -
Preferred stock total equity - - - - -
Retained earnings total equity -3156.39500M -1700.85100M - - -
Treasury stock - -12.00000M - - -
Accumulated amortization - - - - -
Non currrent assets other 37.26M 45.60M 28.31M 14.34M -
Deferred long term asset charges - - - - -
Non current assets total 1094.42M 1938.14M 631.00M 171.75M -
Capital lease obligations - - - - -
Long term debt total 0.00000M 0.00000M 0.00000M 0.00000M -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -401.96500M -90.68700M -452.93600M -61.99500M -6.24600M
Change to liabilities -40.06400M 207.51M 115.64M 102.62M 21.36M
Total cashflows from investing activities -429.72300M -552.89200M -689.74200M -94.64300M -6.94000M
Net borrowings 148.95M 155.00M 155.00M 155.00M 155.00M
Total cash from financing activities 1066.37M 1043.64M 712.44M 424.06M 203.06M
Change to operating activities 1270.45M 1074.07M 34.53M 13.04M 13.44M
Net income -1359.88000M -1184.86200M -248.44200M -125.33700M -62.64100M
Change in cash 871.14M 572.81M -34.53900M 321.21M 169.08M
Begin period cash flow 1061.18M 488.37M 522.91M 201.70M 32.62M
End period cash flow 1932.32M 1061.18M 488.37M 522.91M 201.70M
Total cash from operating activities 234.50M 82.06M -57.23800M -8.20800M -27.03400M
Issuance of capital stock 921.73M 898.72M 712.44M 424.06M 203.06M
Depreciation 50.58M 35.48M 8.29M 1.13M 1.03M
Other cashflows from investing activities -402.27500M -522.47800M -683.26800M -93.85000M -6.24600M
Dividends paid - - - - -
Change to inventory - 1074.07M 34.53M 83.17M 13.44M
Change to account receivables 28.79M -32.94100M 24.63M -0.20100M -0.56800M
Sale purchase of stock 921.73M 898.72M 712.44M 424.06M 203.06M
Other cashflows from financing activities 1220.05M 344.92M 711.20M 423.80M 203.00M
Change to netincome 252.96M -17.20800M 8.12M 0.53M 0.35M
Capital expenditures 27.45M 30.41M 6.47M 0.79M 0.69M
Change receivables 28.79M - - - -
Cash flows other operating -57.78900M - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 871.11M - - - -
Change in working capital 1167.11M 1248.64M 174.80M 115.46M 34.23M
Stock based compensation 109.71M 68.42M 5.45M 1.86M 0.26M
Other non cash items 264.95M -59.97700M 2.67M -1.33100M 0.09M
Free cash flow 207.05M 51.65M -63.71200M -9.00100M -27.72800M

Fundamentals

  • Previous Close -
  • Market Cap41.99M
  • VolumeNone
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-334.33600M
  • Revenue TTM2756.49M
  • Revenue Per Share TTM347.68
  • Gross Profit TTM 205.79M
  • Diluted EPS TTM-136.21

Peer Comparison

Sector: Healthcare Industry: Healthcare Plans

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BHG
Bright Health Group Inc
- -% - - - 0.02 0.95 0.44 -1.4227
UNH
UnitedHealth Group Incorporated
1.12 0.23% 487.30 22.57 18.38 1.33 5.65 1.38 13.97
ELV
Elevance Health Inc
0.81 0.15% 533.73 18.00 12.66 0.65 2.87 0.74
CVS
CVS Health Corp
-0.73 1.07% 67.77 12.06 9.08 0.29 1.34 0.47 8.96
CI
Cigna Corp
-0.37 0.10% 352.28 16.80 10.45 0.46 1.90 0.58

Reports Covered

Stock Research & News

Profile

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers medicare health plan products to consumers. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.

Bright Health Group Inc

8000 Norman Center Drive, Minneapolis, MN, United States, 55437

Key Executives

Name Title Year Born
Mr. George Lawrence Mikan III Vice Chairman, CEO & Pres 1972
Ms. Catherine R. Smith Chief Financial & Admin. Officer 1964
Mr. Simeon Schindelman Chief Exec. Officer of Bright HealthCare 1963
Mr. Robert John Sheehy Co-Founder & Exec. Chairman 1958
Dr. Tomas David Valdivia M.S. Co-Founder and Chief Health & Equity Officer 1963
Mr. Jeffrey Scott Cook Chief Operating Officer NA
Mr. Jeffrey Joseph Scherman Chief Accounting Officer NA
Mr. Stephen Rodgers Hagan C.F.A. Director of Investor Relations NA
Mr. Jeff Craig Gen. Counsel & Corp. Sec. NA
Mr. Brett Erhardt Chief Strategy & Growth Officer NA

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