Hagerty, Inc. (HGTY)

Hagerty 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
Cash & Equivalents	147.12	108.33	95.17	275.33	38.11	21.81
Cash & Short-Term Investments	208.95	108.33	95.17	275.33	38.11	21.81
Cash Growth	130.35%	13.82%	-65.43%	622.50%	74.74%	-
Accounts Receivable	93.49	71.53	58.26	46.73	33.88	20.25
Other Receivables	220.98	216.64	160.85	132.89	107.17	88.58
Receivables	376.98	324.07	244.6	179.62	141.05	108.82
Prepaid Expenses	-	-	-	30.16	14.66	10.05
Restricted Cash	176.31	615.95	444.02	328.64	260.97	199.25
Other Current Assets	246.63	201.88	152.99	81.54	58.57	48.2
Total Current Assets	1,009	1,250	936.78	895.28	513.36	388.14
Property, Plant & Equipment	64.59	71.28	107.65	28.36	25.82	16.23
Goodwill	114.18	114.21	115.04	11.49	4.75	3.8
Other Intangible Assets	92.04	91.92	104.02	76.17	46.62	17.3
Long-Term Deferred Charges	-	-	-	-	-	10.6
Other Long-Term Assets	54.71	43.56	37.08	30.57	20.17	7.21
Total Assets	1,818	1,588	1,313	1,042	610.71	443.28
Accounts Payable	62.53	87.18	77.05	9.08	11.55	6.95
Accrued Expenses	94.01	108.74	77.08	108.56	80.07	63.9
Current Unearned Revenue	455.15	368.06	277.8	210.79	157.99	128.3
Other Current Liabilities	382.71	278.32	235.43	167.38	127.65	90.26
Total Current Liabilities	1,001	842.3	667.36	495.82	384.75	295.34
Long-Term Debt	122.87	130.68	108.28	135.5	69.8	26.1
Long-Term Leases	44.87	50.46	80.77	-	-	-
Long-Term Unearned Revenue	15.83	17.34	19.17	19.67	19.67	-
Long-Term Deferred Tax Liabilities	21.01	15.94	12.85	10.51	-	-
Other Long-Term Liabilities	4.2	38.16	56.72	109.58	19.17	11.38
Total Liabilities	1,210	1,095	945.15	771.07	493.39	332.82
Common Stock	0.03	0.03	0.03	0.03	62.32	112.99
Additional Paid-In Capital	601.87	561.75	549.03	160.19	-	-
Retained Earnings	-455.08	-469	-489.6	-482.28	56.83	-
Comprehensive Income & Other	1.45	-0.09	-0.21	-1.73	-1.95	-2.52
Total Common Equity	148.27	92.7	59.25	-323.78	117.2	110.46
Minority Interest	377.17	317.81	308.12	594.58	0.12	-
Shareholders' Equity	608.22	493.35	367.37	270.8	117.32	110.46
Total Liabilities & Equity	1,818	1,588	1,313	1,042	610.71	443.28
Total Debt	174.35	181.14	189.05	135.5	69.8	26.1
Net Cash (Debt)	34.59	-72.81	-93.88	139.83	-31.69	-4.29
Net Cash Per Share	0.10	-0.21	-0.28	1.70	-316.93	-56.72
Filing Date Shares Outstanding	90.03	84.66	83.21	82.45	0.1	0.08
Total Common Shares Outstanding	89.98	84.59	83.2	82.33	0.1	0.08
Working Capital	7.85	407.92	269.43	399.47	128.61	92.8
Book Value Per Share	1.65	1.10	0.71	-3.93	1171.98	1459.87
Tangible Book Value	-57.95	-113.43	-159.81	-411.44	65.84	89.36
Tangible Book Value Per Share	-0.64	-1.34	-1.92	-5.00	658.36	1180.94
Land	-	0.93	0.93	0.93	0.93	0.93
Buildings	-	1.2	1.2	1.75	1.75	1.74
Machinery	-	33.83	35.68	36.26	40.19	33.52
Leasehold Improvements	-	9.01	9.3	10.31	7.92	4.31

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