Kinsale Capital Group, Inc. (KNSL)

Kinsale Capital 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	3,467	2,712	1,760	1,392	1,082	729.53
Investments in Equity & Preferred Securities	365.63	234.81	152.47	172.61	129.66	78.29
Other Investments	-	5.59	41.34	-	-	-
Total Investments	3,848	2,967	2,030	1,565	1,211	807.83
Cash & Equivalents	111.69	126.69	156.27	121.04	77.09	100.41
Reinsurance Recoverable	318.64	247.84	220.45	122.97	93.22	72.57
Other Receivables	161.04	164.9	120.21	83.76	56.48	39.23
Deferred Policy Acquisition Cost	110.59	88.4	61.59	41.97	31.91	23.56
Property, Plant & Equipment	73.69	63.4	53.48	49.3	46.19	22.63
Other Intangible Assets	3.54	3.54	3.54	3.54	3.54	3.54
Long-Term Deferred Tax Assets	35	55.7	56.98	2.11	-	3.37
Other Long-Term Assets	70.36	55.56	44.3	36.3	27.01	17.41
Total Assets	4,732	3,773	2,747	2,026	1,547	1,091
Accounts Payable	62.18	57.22	33.16	38.25	13.65	12.37
Unpaid Claims	2,161	1,693	1,238	881.34	636.01	460.06
Unearned Premiums	844.7	701.35	499.68	347.73	260.99	187.37
Reinsurance Payable	43.22	47.58	32.02	16.11	12.67	7.15
Current Income Taxes Payable	-	3.2	2.5	-	-	0.4
Long-Term Debt	184.05	183.85	195.75	42.7	42.57	16.74
Long-Term Deferred Tax Liabilities	-	-	-	-	4.65	-
Other Long-Term Liabilities	2.38	0.07	0.16	0.19	0.12	0.58
Total Liabilities	3,297	2,686	2,002	1,326	970.66	684.67
Common Stock	0.23	0.23	0.23	0.23	0.23	0.22
Additional Paid-In Capital	357.94	352.97	347.02	295.04	291.32	229.23
Retained Earnings	1,124	828.25	533.12	385.94	243.32	162.91
Comprehensive Income & Other	-46.75	-94.62	-134.92	18.13	41.38	13.52
Shareholders' Equity	1,435	1,087	745.45	699.34	576.24	405.88
Total Liabilities & Equity	4,732	3,773	2,747	2,026	1,547	1,091
Filing Date Shares Outstanding	23.29	23.19	23.1	22.84	22.77	22.23
Total Common Shares Outstanding	23.29	23.18	23.09	22.83	22.76	22.21
Total Debt	184.05	183.85	195.75	42.7	42.57	16.74
Net Cash (Debt)	-72.36	-57.15	-39.47	78.34	34.52	83.66
Net Cash Growth	-	-	-	126.93%	-58.74%	11.42%
Net Cash Per Share	-3.10	-2.45	-1.71	3.40	1.51	3.78
Book Value Per Share	61.62	46.88	32.28	30.63	25.32	18.28
Tangible Book Value	1,431	1,083	741.91	695.8	572.7	402.34
Tangible Book Value Per Share	61.47	46.73	32.13	30.47	25.17	18.12
Land	3.07	3.07	3.07	3.07	3.07	-
Buildings	37.19	37.18	33.07	33.1	31.68	-
Machinery	7.5	7.02	6.06	5.3	4.5	3.38
Construction In Progress	16.57	6.62	2.62	-	-	19.79
Leasehold Improvements	0.15	0.15	-	-	-	0.98

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