Fortis Global Insurance Plc (NGX:FTGINSURE)
Nigeria · Delayed Price · Currency is NGN 2.000
+0.060 (3.09%)
At close: Sep 4, 2026
Fortis Global Insurance Balance Sheet
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Investments in Debt Securities | - | 544.35 | 532.16 | 534.49 | 534.49 | 336.27 |
Investments in Equity & Preferred Securities | 228.76 | 228.76 | 223.62 | 1,533 | 200.08 | 175.29 |
Policy Loans | - | 69.13 | 69.13 | 66.79 | 66.79 | 66.79 |
Other Investments | 4,840 | - | - | - | - | - |
Total Investments | 16,827 | 12,708 | 12,620 | 6,266 | 4,872 | 4,645 |
Cash & Equivalents | 28,013 | 11,499 | 540.67 | 644.27 | 695.78 | 1,946 |
Reinsurance Recoverable | 7.21 | 7.37 | - | - | - | 368.24 |
Other Receivables | 223.49 | 58.93 | 41.78 | 41.78 | 50.63 | 49.86 |
Property, Plant & Equipment | 995.41 | 238.6 | 21.15 | 24.25 | 35.66 | 50.23 |
Other Intangible Assets | 14.57 | 10.51 | - | - | - | - |
Restricted Cash | 2,500 | 535 | 535 | 535 | 535 | 535 |
Other Current Assets | 58.19 | 96.55 | 0.66 | 0.66 | 1.07 | 104.57 |
Other Long-Term Assets | - | - | - | - | - | 0 |
Total Assets | 48,638 | 25,154 | 13,760 | 7,512 | 6,190 | 7,698 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | - | - | 7.95 | - | - | - |
Accrued Expenses | 591.64 | 617.11 | 118.41 | 146.11 | 142.61 | 445.85 |
Insurance & Annuity Liabilities | 2,201 | 2,293 | 1,933 | 1,950 | 2,155 | 2,285 |
Unpaid Claims | 6,079 | 2,763 | 2,923 | 3,112 | 3,072 | 2,689 |
Unearned Premiums | - | - | - | - | - | 64.2 |
Reinsurance Payable | - | - | - | - | - | 36.26 |
Current Portion of Long-Term Debt | - | 651.07 | 630.96 | 605.24 | 580.56 | 556.89 |
Current Income Taxes Payable | 276.52 | 280.77 | 278.09 | 276.02 | 273.74 | 273.74 |
Long-Term Debt | 384.52 | 5,323 | 5,542 | 3,237 | 1,396 | 1,437 |
Long-Term Deferred Tax Liabilities | 68.18 | 68.18 | 68.18 | 67.13 | 61.91 | 61.91 |
Other Current Liabilities | 27.32 | 216.22 | 243.07 | 365.16 | 366.3 | 412.65 |
Other Long-Term Liabilities | 2,393 | 3,729 | 2,915 | 2,667 | 2,571 | 2,584 |
Total Liabilities | 12,022 | 15,941 | 14,660 | 12,426 | 10,620 | 10,847 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Preferred Equity | 175 | 175 | 175 | - | - | - |
Common Stock | 9,114 | 6,456 | 6,456 | 6,456 | 6,456 | 6,456 |
Additional Paid-In Capital | 11,985 | 7,485 | 7,485 | 7,485 | 7,485 | 7,485 |
Retained Earnings | -19,730 | -17,134 | -15,241 | -20,232 | -18,416 | -17,157 |
Treasury Stock | -1.15 | -1.15 | -1.15 | -1.15 | -1.15 | -1.15 |
Comprehensive Income & Other | 35,074 | 12,232 | 226.96 | 1,379 | 46.03 | 69.54 |
Total Common Equity | 36,442 | 9,038 | -1,075 | -4,914 | -4,430 | -3,148 |
Shareholders' Equity | 36,617 | 9,213 | -899.85 | -4,914 | -4,430 | -3,148 |
Total Liabilities & Equity | 48,638 | 25,154 | 13,760 | 7,512 | 6,190 | 7,698 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Filing Date Shares Outstanding | 3,228 | 3,228 | 3,228 | 3,228 | 3,228 | 3,228 |
Total Common Shares Outstanding | 3,228 | 3,228 | 3,228 | 3,228 | 3,228 | 3,228 |
Total Debt | 384.52 | 5,974 | 6,173 | 3,842 | 1,976 | 1,994 |
Net Cash (Debt) | 27,628 | 5,526 | -5,632 | -3,198 | -1,280 | -48.46 |
Net Cash Growth | 342.85% | - | - | - | - | - |
Net Cash Per Share | 8.56 | 1.71 | -1.74 | -0.99 | -0.40 | -0.02 |
Book Value Per Share | 11.29 | 2.80 | -0.33 | -1.52 | -1.37 | -0.98 |
Tangible Book Value | 36,427 | 9,027 | -1,075 | -4,914 | -4,430 | -3,148 |
Tangible Book Value Per Share | 11.29 | 2.80 | -0.33 | -1.52 | -1.37 | -0.98 |
Buildings | 324.02 | 10.82 | 7.42 | - | - | - |
Machinery | 2,306 | 1,792 | 1,527 | 1,533 | 1,533 | 1,533 |
Construction In Progress | 7.6 | 7.6 | 7.6 | - | - | - |