Palestine Insurance Company (PEX:PICO)

PEX:PICO Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Investments in Equity & Preferred Securities	-	0.34	0.3	-	0.33	0.31
Other Investments	3.57	4.54	4.67	4.54	3.26	-
Total Investments	22.57	22.63	20.47	19.76	18.61	14.86
Cash & Equivalents	1.06	2.37	1.5	2.84	4.55	7.25
Reinsurance Recoverable	25.15	25.14	21.75	9.76	7.52	0.2
Other Receivables	0.46	0.73	0.54	0.39	19.92	46.69
Property, Plant & Equipment	9.83	9.26	6.96	7.11	6.58	6.53
Restricted Cash	-	-	-	-	-	1.96
Other Current Assets	2.71	1.72	1.52	1.77	1.79	2.43
Long-Term Deferred Tax Assets	2.96	2.75	2.22	1.95	1.94	-
Other Long-Term Assets	2.81	2.5	3.05	3.43	2.96	1.08
Total Assets	67.55	67.11	58.01	47.02	63.87	83.13

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	-	-	-	-	4.96
Accrued Expenses	-	2.36	1.94	-	1.64	4.82
Insurance & Annuity Liabilities	25.42	29.89	26.44	15.01	32.18	-
Unpaid Claims	-	0.41	0.23	-	0.51	22.33
Unearned Premiums	-	-	-	-	-	21.47
Reinsurance Payable	-	-	-	-	-	1.97
Current Portion of Long-Term Debt	0.61	1.09	0.74	2.98	3.52	0.46
Current Portion of Leases	0.1	0.06	0.09	0.09	-	-
Short-Term Debt	7.05	5.24	3.41	4.13	-	-
Current Income Taxes Payable	5.3	5.39	6.02	5.39	4.67	2.08
Long-Term Debt	-	-	0.3	1.08	3.8	1.21
Long-Term Leases	0.46	0.47	0.52	0.34	-	-
Long-Term Deferred Tax Liabilities	0.15	0.14	0.12	0.13	0.41	-
Other Current Liabilities	5.62	1.13	1.15	3.12	0.81	6.1
Total Liabilities	47.99	49.15	43.18	34.56	49.57	67.57

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	12	11	9	9	9	9
Retained Earnings	3.79	4.38	5.5	3.04	4.57	4.65
Comprehensive Income & Other	3.77	2.58	0.33	0.41	0.72	1.9
Shareholders' Equity	19.56	17.95	14.82	12.46	14.29	15.56
Total Liabilities & Equity	67.55	67.11	58.01	47.02	63.87	83.13

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Filing Date Shares Outstanding	6.64	12	9.84	9.84	9.84	9.84
Total Common Shares Outstanding	6.64	12	9.84	9.84	9.84	9.84
Total Debt	8.22	6.85	5.06	8.62	7.32	1.68
Net Cash (Debt)	-7.16	-4.48	-3.56	-5.78	-2.77	5.57
Net Cash Growth	-	-	-	-	-	12.22%
Net Cash Per Share	-0.61	-0.40	-0.36	-0.54	-0.29	0.62
Book Value Per Share	2.95	1.50	1.51	1.27	1.45	1.58
Tangible Book Value	19.56	17.95	14.82	12.46	14.29	15.56
Tangible Book Value Per Share	2.95	1.50	1.51	1.27	1.45	1.58
Buildings	-	7.38	5.79	-	5.99	6.15
Machinery	-	3.31	2.81	-	2.42	2.1
Leasehold Improvements	-	0.38	0.37	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

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