Palestine Insurance Company (PEX:PICO)

PEX:PICO Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Equity & Preferred Securities	-	-	-	0.33	0.31	0.28
Other Investments	5.07	4.97	4.54	3.26	-	-
Total Investments	22.22	20.47	19.76	18.61	14.86	15.21
Cash & Equivalents	0.22	1.5	2.84	4.55	7.25	8.36
Reinsurance Recoverable	24.58	21.75	9.76	7.52	0.2	6
Other Receivables	1.15	0.38	0.39	19.92	46.69	24.12
Property, Plant & Equipment	8.06	6.96	7.11	6.58	6.53	5.96
Restricted Cash	-	-	-	-	1.96	0.25
Other Current Assets	1.53	1.68	1.77	1.79	2.43	1.85
Long-Term Deferred Tax Assets	2.66	2.22	1.95	1.94	-	-
Other Long-Term Assets	2.5	3.05	3.43	2.96	1.08	0.78
Total Assets	62.92	58.01	47.02	63.87	83.13	64.35
Accounts Payable	-	-	-	-	4.96	1.95
Accrued Expenses	6.29	-	-	1.64	4.82	4.66
Insurance & Annuity Liabilities	25.65	26.44	15.01	32.18	-	-
Unpaid Claims	-	-	-	0.51	22.33	19.27
Unearned Premiums	-	-	-	-	21.47	13.94
Reinsurance Payable	-	-	-	-	1.97	0.89
Current Portion of Long-Term Debt	-	0.74	2.98	3.52	0.46	0.19
Current Portion of Leases	0.1	0.09	0.09	-	-	-
Short-Term Debt	6.24	3.41	4.13	-	-	2.94
Current Income Taxes Payable	-	6.02	5.39	4.67	2.08	1.58
Long-Term Debt	0.03	0.3	1.08	3.8	1.21	0.26
Long-Term Leases	0.49	0.52	0.34	-	-	-
Long-Term Deferred Tax Liabilities	0.13	0.12	0.13	0.41	-	-
Other Current Liabilities	4.53	3.32	3.12	0.81	6.1	3.96
Total Liabilities	46.28	43.18	34.56	49.57	67.57	51.91
Common Stock	11	9	9	9	9	7.2
Retained Earnings	3.71	5.5	3.04	4.57	4.65	3.85
Comprehensive Income & Other	1.93	0.33	0.41	0.72	1.9	1.39
Shareholders' Equity	16.64	14.82	12.46	14.29	15.56	12.44
Total Liabilities & Equity	62.92	58.01	47.02	63.87	83.13	64.35
Filing Date Shares Outstanding	10.5	9.02	9.02	9.02	9.02	9.02
Total Common Shares Outstanding	10.5	9.02	9.02	9.02	9.02	9.02
Total Debt	6.86	5.06	8.62	7.32	1.68	3.39
Net Cash (Debt)	-6.64	-3.56	-5.78	-2.77	5.57	4.97
Net Cash Growth	-	-	-	-	12.22%	4.35%
Net Cash Per Share	-0.67	-0.39	-0.59	-0.32	0.67	0.55
Book Value Per Share	1.58	1.64	1.38	1.58	1.72	1.38
Tangible Book Value	16.64	14.82	12.46	14.29	15.56	12.44
Tangible Book Value Per Share	1.58	1.64	1.38	1.58	1.72	1.38
Buildings	-	-	-	5.99	6.15	5.9
Machinery	-	-	-	2.42	2.1	1.47

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.