HCI Group, Inc. (HCI)

HCI Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	640.24	383.24	483.81	42.14	71.69	202.72
Investments in Equity & Preferred Securities	75.74	69.12	60.39	80.68	79.56	64.52
Other Investments	-	-	-	-	-	0.49
Total Investments	789.49	520.25	615.59	196.72	225.72	341.49
Cash & Equivalents	445.83	536.48	234.86	628.94	431.34	229.22
Reinsurance Recoverable	361.44	394.58	704.68	79.71	96.07	142.16
Other Receivables	76.06	153.21	47.06	76.12	73.52	22.91
Deferred Policy Acquisition Cost	52.56	42.91	45.52	57.7	43.86	21.66
Property, Plant & Equipment	30.75	30.66	18.69	16.44	16.77	15.18
Other Intangible Assets	6.43	7.66	10.58	10.64	3.57	4.19
Restricted Cash	3.3	3.29	2.9	2.4	2.4	0.7
Other Current Assets	128.65	89.52	69.94	29.61	39.19	21.77
Long-Term Deferred Tax Assets	-	0.51	-	-	-	-
Long-Term Deferred Charges	0.85	0.83	0.83	0.51	0.45	0.57
Other Long-Term Assets	16.02	31.41	52.67	78.08	8.43	2.77
Total Assets	1,911	1,811	1,803	1,177	941.31	802.61
Accrued Expenses	27.86	19.72	14.53	15.45	10.18	10.06
Unpaid Claims	571.65	585.07	863.77	237.17	212.17	214.7
Unearned Premiums	566.96	517.05	386.63	380.52	280.77	186.75
Reinsurance Payable	7.95	12.92	46.12	23.34	9.85	0.08
Current Portion of Leases	0.29	0.29	-	-	-	-
Short-Term Debt	-	-	-	15	23.75	9.75
Current Income Taxes Payable	8.96	7.7	-	-	-	-
Long-Term Debt	232.38	208.49	211.67	45.47	156.47	163.64
Long-Term Leases	1.02	1.12	0.73	2.23	4.06	0.57
Long-Term Deferred Tax Liabilities	4.33	-	1.7	11.74	11.93	4.01
Other Long-Term Liabilities	35.43	35.62	23.36	31.49	31.01	27.52
Total Liabilities	1,457	1,388	1,549	762.4	740.18	617.07
Additional Paid-In Capital	117.97	89.57	-	76.08	-	-
Retained Earnings	331.96	238.44	172.48	246.79	199.59	183.37
Comprehensive Income & Other	-2.58	-3.16	-9.89	0.5	1.54	2.18
Total Common Equity	447.35	324.84	162.6	323.37	201.14	185.54
Minority Interest	6.69	98.48	92.21	91.09	-	-
Shareholders' Equity	454.03	423.33	254.81	414.46	201.14	185.54
Total Liabilities & Equity	1,911	1,811	1,803	1,177	941.31	802.61
Filing Date Shares Outstanding	10.47	9.98	8.6	10.32	8.62	7.96
Total Common Shares Outstanding	10.47	9.74	8.6	10.13	7.79	7.76
Total Debt	234.22	209.9	212.41	62.71	184.28	173.96
Net Cash (Debt)	211.61	326.58	22.46	566.24	247.07	55.26
Net Cash Growth	150.54%	1354.35%	-96.03%	129.18%	347.10%	-
Net Cash Per Share	17.74	29.57	2.55	65.99	25.49	5.40
Book Value Per Share	42.72	33.36	18.91	31.92	25.83	23.90
Tangible Book Value	440.92	317.18	152.02	312.73	197.57	181.35
Tangible Book Value Per Share	42.10	32.57	17.68	30.87	25.38	23.36
Land	-	6.93	2.13	2.13	2.13	1.64
Buildings	-	10.3	6.55	4.01	4	8.1
Machinery	-	23.12	19.7	15.86	13.33	8.92
Leasehold Improvements	-	0.87	0.78	0.62	0.62	3.39

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