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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	668.23	383.24	483.81	42.14	71.69	202.72
Investments in Equity & Preferred Securities	77.83	69.12	60.39	80.68	79.56	64.52
Other Investments	-	-	-	-	-	0.49
Total Investments	823.57	520.25	615.59	196.72	225.72	341.49
Cash & Equivalents	518.79	536.48	234.86	628.94	431.34	229.22
Reinsurance Recoverable	351.14	394.58	704.68	79.71	96.07	142.16
Other Receivables	70.48	153.21	47.06	76.12	73.52	22.91
Deferred Policy Acquisition Cost	56.4	42.91	45.52	57.7	43.86	21.66
Property, Plant & Equipment	30.69	30.66	18.69	16.44	16.77	15.18
Other Intangible Assets	5.82	7.66	10.58	10.64	3.57	4.19
Restricted Cash	3.31	3.29	2.9	2.4	2.4	0.7
Other Current Assets	110.23	89.52	69.94	29.61	39.19	21.77
Long-Term Deferred Tax Assets	-	0.51	-	-	-	-
Long-Term Deferred Charges	0.84	0.83	0.83	0.51	0.45	0.57
Other Long-Term Assets	16.1	31.41	52.67	78.08	8.43	2.77
Total Assets	1,987	1,811	1,803	1,177	941.31	802.61
Accrued Expenses	37.12	19.72	14.53	15.45	10.18	10.06
Unpaid Claims	612.35	585.07	863.77	237.17	212.17	214.7
Unearned Premiums	585.47	517.05	386.63	380.52	280.77	186.75
Reinsurance Payable	7.48	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	-	7.7	-	-	-	-
Long-Term Debt	230.55	208.49	211.67	45.47	156.47	163.64
Long-Term Leases	0.96	1.12	0.73	2.23	4.06	0.57
Long-Term Deferred Tax Liabilities	5.42	-	1.7	11.74	11.93	4.01
Other Long-Term Liabilities	39.04	35.62	23.36	31.49	31.01	27.52
Total Liabilities	1,519	1,388	1,549	762.4	740.18	617.07
Additional Paid-In Capital	119.97	89.57	-	76.08	-	-
Retained Earnings	333.45	238.44	172.48	246.79	199.59	183.37
Comprehensive Income & Other	1.92	-3.16	-9.89	0.5	1.54	2.18
Total Common Equity	455.34	324.84	162.6	323.37	201.14	185.54
Minority Interest	12.82	98.48	92.21	91.09	-	-
Shareholders' Equity	468.16	423.33	254.81	414.46	201.14	185.54
Total Liabilities & Equity	1,987	1,811	1,803	1,177	941.31	802.61
Filing Date Shares Outstanding	10.54	9.98	8.6	10.32	8.62	7.96
Total Common Shares Outstanding	10.48	9.74	8.6	10.13	7.79	7.76
Total Debt	232.33	209.9	212.41	62.71	184.28	173.96
Net Cash (Debt)	286.46	326.58	22.46	566.24	247.07	55.26
Net Cash Growth	150.77%	1354.35%	-96.03%	129.18%	347.10%	-
Net Cash Per Share	23.18	29.57	2.55	65.99	25.49	5.40
Book Value Per Share	43.45	33.36	18.91	31.92	25.83	23.90
Tangible Book Value	449.52	317.18	152.02	312.73	197.57	181.35
Tangible Book Value Per Share	42.90	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.