Kingstone Companies, Inc. (KINS)

Kingstone Companies Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	192.71	154.74	161.25	165.62	164.19
Investments in Equity & Preferred Securities	10.3	14.76	13.83	39.69	34.41
Other Investments	4.38	3.9	2.77	7.56	3.52
Total Investments	207.39	173.4	177.86	212.87	202.12
Cash & Equivalents	28.67	8.98	11.96	24.29	19.46
Reinsurance Recoverable	69.32	75.59	66.47	40.29	45.46
Other Receivables	23.46	14.87	15.18	14.18	13.7
Deferred Policy Acquisition Cost	24.73	19.8	23.82	22.24	20.14
Property, Plant & Equipment	9.28	9.44	10.77	10.09	9.03
Other Intangible Assets	0.5	0.5	0.5	0.5	0.5
Long-Term Deferred Tax Assets	5.6	10.55	10.33	0.19	-
Other Long-Term Assets	5.96	4.49	3.45	6.67	7.16
Total Assets	374.92	317.63	320.33	331.31	317.58
Accounts Payable	10.57	3.37	5.27	6	6.72
Insurance & Annuity Liabilities	126.21	121.82	118.34	94.95	82.8
Unearned Premiums	149.75	118.88	120.95	110.2	92.76
Reinsurance Payable	10.51	12.84	13.06	12.96	6.98
Current Portion of Leases	-	0.05	-	-	-
Long-Term Debt	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	308.21	283.13	284.16	255.64	224.78
Common Stock	0.14	0.12	0.12	0.12	0.12
Additional Paid-In Capital	89.06	75.34	74.52	72.47	70.77
Retained Earnings	-4.76	-23.11	-16.95	6.86	15.93
Treasury Stock	-5.57	-5.57	-5.57	-5.57	-3.9
Comprehensive Income & Other	-12.18	-12.27	-15.96	1.8	9.88
Shareholders' Equity	66.71	34.5	36.17	75.67	92.8
Total Liabilities & Equity	374.92	317.63	320.33	331.31	317.58
Filing Date Shares Outstanding	13.73	11.01	10.76	10.64	10.7
Total Common Shares Outstanding	12.92	10.78	10.7	10.48	10.62
Total Debt	11.17	25.29	25.38	30.62	30.6
Net Cash (Debt)	17.5	-16.31	-13.43	-6.33	-11.13
Net Cash Per Share	1.41	-1.52	-1.26	-0.60	-1.04
Book Value Per Share	5.16	3.20	3.38	7.22	8.74
Tangible Book Value	66.21	34	35.67	75.17	92.3
Tangible Book Value Per Share	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 Mar 18, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q