Kingstone Companies, Inc. (KINS)

Kingstone Companies 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	224.72	192.71	154.74	161.25	165.62	164.19
Investments in Equity & Preferred Securities	10.03	10.3	14.76	13.83	39.69	34.41
Other Investments	5.08	4.38	3.9	2.77	7.56	3.52
Total Investments	239.84	207.39	173.4	177.86	212.87	202.12
Cash & Equivalents	33.71	28.67	8.98	11.96	24.29	19.46
Reinsurance Recoverable	55.44	69.32	75.59	66.47	40.29	45.46
Other Receivables	17.28	23.46	14.87	15.18	14.18	13.7
Deferred Policy Acquisition Cost	23.85	24.73	19.8	23.82	22.24	20.14
Property, Plant & Equipment	7.85	9.28	9.44	10.77	10.09	9.03
Other Intangible Assets	0.5	0.5	0.5	0.5	0.5	0.5
Long-Term Deferred Tax Assets	5.11	5.6	10.55	10.33	0.19	-
Other Long-Term Assets	6.2	5.96	4.49	3.45	6.67	7.16
Total Assets	393.42	374.92	317.63	320.33	331.31	317.58
Accounts Payable	7.98	10.57	3.37	5.27	6	6.72
Insurance & Annuity Liabilities	133.93	126.21	121.82	118.34	94.95	82.8
Unearned Premiums	142.97	149.75	118.88	120.95	110.2	92.76
Reinsurance Payable	5.44	10.51	12.84	13.06	12.96	6.98
Current Portion of Leases	-	-	0.05	-	-	-
Current Income Taxes Payable	3.16	-	-	-	-	-
Long-Term Debt	5.06	11.17	25.24	25.16	29.82	29.65
Long-Term Leases	-	-	-	0.23	0.8	0.95
Long-Term Deferred Tax Liabilities	-	-	-	-	-	4.16
Other Long-Term Liabilities	-	-	0.94	1.16	0.91	0.76
Total Liabilities	298.54	308.21	283.13	284.16	255.64	224.78
Common Stock	0.16	0.14	0.12	0.12	0.12	0.12
Additional Paid-In Capital	98.84	89.06	75.34	74.52	72.47	70.77
Retained Earnings	10.38	-4.76	-23.11	-16.95	6.86	15.93
Treasury Stock	-5.57	-5.57	-5.57	-5.57	-5.57	-3.9
Comprehensive Income & Other	-8.93	-12.18	-12.27	-15.96	1.8	9.88
Shareholders' Equity	94.88	66.71	34.5	36.17	75.67	92.8
Total Liabilities & Equity	393.42	374.92	317.63	320.33	331.31	317.58
Filing Date Shares Outstanding	14.14	13.73	11.01	10.76	10.64	10.7
Total Common Shares Outstanding	14.14	12.92	10.78	10.7	10.48	10.62
Total Debt	5.06	11.17	25.29	25.38	30.62	30.6
Net Cash (Debt)	28.65	17.5	-16.31	-13.43	-6.33	-11.13
Net Cash Per Share	2.12	1.41	-1.52	-1.26	-0.60	-1.04
Book Value Per Share	6.71	5.16	3.20	3.38	7.22	8.74
Tangible Book Value	94.38	66.21	34	35.67	75.17	92.3
Tangible Book Value Per Share	6.68	5.12	3.16	3.33	7.17	8.69
Land	-	0.65	0.65	0.65	0.65	0.65
Buildings	-	2.34	2.34	2.34	2.34	2.34
Machinery	-	28.32	25.99	24.16	19.59	15.09
Leasehold Improvements	-	-	-	-	0.02	0.02

Updated May 15, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q