Forge Group, Inc. (FIGP)

Forge Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	31.91	27.97	26.2	22.17	31.53
Investments in Equity & Preferred Securities	2.41	8.14	8.78	9.99	6.95
Other Investments	3.61	-	-	-	-
Total Investments	37.93	36.11	34.98	32.16	38.48
Cash & Equivalents	10.6	6.97	6.36	7.93	4.18
Reinsurance Recoverable	2.02	0.69	1.07	0.92	1.2
Other Receivables	12.27	8.62	5.77	5.1	3.93
Deferred Policy Acquisition Cost	0.49	0.3	0.21	0.74	0.38
Property, Plant & Equipment	31.29	32.2	33.1	35.76	37.02
Goodwill	-	4.51	4.51	-	-
Other Intangible Assets	5.81	1.57	1.84	-	-
Restricted Cash	0.24	0.23	0.21	0.19	0.18
Long-Term Deferred Charges	2.45	2.36	2.22	4.59	2.4
Other Long-Term Assets	1.57	2.01	0.81	0.51	0.53
Total Assets	104.65	95.55	91.06	87.9	88.29
Accrued Expenses	2.85	2.44	1.47	1.73	1.33
Unpaid Claims	12.34	8.43	8.48	9.68	9.86
Unearned Premiums	15.67	10.28	6.32	4.39	3.3
Reinsurance Payable	0.09	0.04	0.05	0	0
Current Portion of Long-Term Debt	-	0.81	0.73	-	0.5
Current Portion of Leases	-	0.4	-	-	-
Short-Term Debt	-	-	-	0.4	-
Long-Term Debt	25.61	25.51	26.23	27.52	27.52
Long-Term Leases	0.3	0.33	0.87	2.57	2.83
Other Long-Term Liabilities	0.58	1.11	0.5	0.26	0.31
Total Liabilities	57.44	49.68	45.13	46.83	46.1
Common Stock	0.02	0.02	0.02	-	41.63
Additional Paid-In Capital	21.82	21.83	21.4	-	-
Retained Earnings	28.02	27.37	28.44	40.93	-
Treasury Stock	-0.21	-0.07	-	-	-
Comprehensive Income & Other	-3.14	-3.98	-4.64	-0.58	-0.18
Total Common Equity	46.51	45.17	45.22	40.35	41.45
Minority Interest	0.7	0.7	0.71	0.72	0.75
Shareholders' Equity	47.22	45.87	45.93	41.07	42.19
Total Liabilities & Equity	104.65	95.55	91.06	87.9	88.29
Filing Date Shares Outstanding	2.04	2.05	2.05	2.05	-
Total Common Shares Outstanding	2.04	2.05	2.05	2.05	-
Total Debt	25.91	27.05	27.83	30.49	30.85
Net Cash (Debt)	-15.31	-20.09	-21.47	-22.56	-26.67
Net Cash Per Share	-7.49	-9.80	-10.47	-11.01	-
Book Value Per Share	22.75	22.03	22.06	19.68	-
Tangible Book Value	40.71	39.1	38.88	40.35	41.45
Tangible Book Value Per Share	19.91	19.07	18.97	19.68	-
Land	-	12	12	12	12
Buildings	-	21.46	21.46	21.46	21.46
Machinery	-	1.08	1.08	1.08	1.08
Leasehold Improvements	-	0.93	0.93	0.91	0.91

Updated Mar 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.