Hallmark Financial Services, Inc. (HALL)

HALL Balance Sheet

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Investments in Debt Securities	132.68	385.7	260.07	477.58	545.38	516.37
Investments in Equity & Preferred Securities	19.76	29.9	50.4	31.09	103.09	83.75
Total Investments	152.44	415.6	310.47	508.67	648.47	600.12
Cash & Equivalents	75.67	59.13	352.87	102.58	53.34	35.59
Reinsurance Recoverable	591.94	637.31	549.96	497.85	315.47	252.03
Other Receivables	58.84	96.05	119.34	154.86	178.66	129.19
Deferred Policy Acquisition Cost	14.68	0.01	6.81	17.84	22.99	14.29
Property, Plant & Equipment	10.48	19.11	21.51	23.21	26.89	6.15
Goodwill	-	-	-	-	44.7	44.7
Other Intangible Assets	-	-	0.82	1.32	5.09	7.56
Restricted Cash	11.03	29.49	3.81	5.73	1.61	4.88
Other Current Assets	1.29	1.51	2.39	2.65	2.6	2.59
Long-Term Deferred Tax Assets	-	-	8.91	8.72	2.19	4.98
Long-Term Deferred Charges	-	-	-	-	-	0.11
Other Long-Term Assets	176.55	278.5	176.72	173.3	193.29	162.72
Total Assets	1,093	1,537	1,554	1,497	1,495	1,265
Accounts Payable	78.49	53.78	35.33	34.55	38.14	28.2
Unpaid Claims	719.99	880.87	816.68	789.77	620.36	527.25
Unearned Premiums	107.57	292.69	284.43	320.81	388.93	298.06
Reinsurance Payable	76.36	128.95	117.91	61.1	59.27	67.33
Current Portion of Leases	0.47	2.22	2.17	2.17	2.47	-
Current Income Taxes Payable	-	-	-	-	-	0
Long-Term Debt	105.48	105.36	105.21	105.06	104.91	85.8
Long-Term Leases	12.34	12.54	12.89	13.69	14.87	-
Other Long-Term Liabilities	-	-	3.28	-	1.65	0.7
Total Liabilities	1,101	1,476	1,378	1,329	1,232	1,009
Common Stock	2.09	2.09	2.09	3.76	3.76	3.76
Additional Paid-In Capital	124.91	124.74	124.51	122.89	123.47	123.17
Retained Earnings	-105.45	-33.41	74.7	65.7	160.57	161.2
Treasury Stock	-24.63	-24.63	-24.75	-25.03	-25.2	-25.93
Comprehensive Income & Other	-4.68	-8.49	-1.04	0.38	0.69	-6.66
Shareholders' Equity	-7.77	60.29	175.52	167.71	263.28	255.53
Total Liabilities & Equity	1,093	1,537	1,554	1,497	1,495	1,265
Filing Date Shares Outstanding	1.82	1.82	1.82	1.81	1.81	1.81
Total Common Shares Outstanding	1.82	1.82	1.82	1.81	1.81	1.8
Total Debt	118.28	120.12	120.28	120.93	122.26	85.8
Net Cash (Debt)	-42.61	-60.99	232.59	-18.35	-68.93	-50.21
Net Cash Per Share	-23.44	-33.55	128.08	-10.11	-38.07	-27.59
Book Value Per Share	-4.27	33.16	96.59	92.44	145.27	141.75
Tangible Book Value	-7.77	60.29	174.7	166.38	213.5	203.28
Tangible Book Value Per Share	-4.27	33.16	96.14	91.71	117.81	112.77

Source: S&P Capital IQ. Insurance template. Financial Sources.