HCI Group, Inc. (HCI) financial statements (2022 and earlier)

Company profile

Business Address 3802 COCONUT PALM DRIVE
TAMPA, FL 33619
State of Incorp. FL
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments681619671603482453462
Cash and cash equivalents629569626553431411422
Short-term investments52504550514339
Total current assets:681619671603482453462
Noncurrent Assets
Finance lease, right-of-use asset0000000
Operating lease, right-of-use asset2334460
Property, plant and equipment14141313131319
Long-term investments and receivables0011111
Long-term investments0011111
Intangible assets, net (including goodwill)11111111444
Intangible assets, net (excluding goodwill)11111111444
Total noncurrent assets:28282829212324
Other undisclosed assets469429381385438412403
TOTAL ASSETS:1,1771,0761,0801,017941888888
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt1247101295
Deferred income tax liabilities1247101295
Total noncurrent liabilities:1247101295
Other undisclosed liabilities751692767703728679698
Total liabilities:762696774713740688703
Temporary equity, carrying amount90888886   
Stockholders' equity
Stockholders' equity attributable to parent323292217217201200185
Additional paid in capital7640     
Accumulated other comprehensive income0111221
Retained earnings247251216216200198184
Stockholders' equity attributable to noncontrolling interest1110   
Total stockholders' equity:325293218218201200185
TOTAL LIABILITIES AND EQUITY:1,1771,0761,0801,017941888888

Income statement (P&L) ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues11299102957010481
Premiums earned, net102949388656273
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
(23)(22)(26)(17)(14)(12)(13)
Gross profit:90787577579268
Operating expenses(8)(5)(5)(4)(3)(4)(3)
Other operating expense, net    (10)(15)(13)
Operating income:82727173437352
Interest and debt expense(1)(3)(2)(2)(3)(3)(3)
Income from continuing operations before equity method investments, income taxes:81696971407049
Other undisclosed loss from continuing operations before income taxes(79)(76)(64)(61)(37)(48)(37)
Income (loss) from continuing operations before income taxes:3(7)51032212
Income tax expense (benefit)(1)2(1)(3)(0)(6)(3)
Net income (loss):1(5)473159
Net loss attributable to noncontrolling interest(1)(1)(2)(1)   
Net income (loss) attributable to parent:0(6)263159
Preferred stock dividends and other adjustments(1)(1)(1)    
Other undisclosed net income (loss) available to common stockholders, basic121(0)(0)(1)(0)
Net income (loss) available to common stockholders, basic:0(6)263158
Other undisclosed net income available to common stockholders, diluted   1222
Net income (loss) available to common stockholders, diluted:0(6)2741610

Comprehensive Income ($ in millions)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net income (loss):1(5)473159
Other comprehensive income (loss)(0)(0)(0)(0)(0)01
Comprehensive income (loss):1(5)3731610
Comprehensive income, net of tax, attributable to noncontrolling interest1100   
Comprehensive income (loss), net of tax, attributable to parent:2(4)4731610

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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