1347 Property Insurance Holdings, Inc. (PIH) financial statements (2020 and earlier)

Company profile

Business Address 970 LAKE CARILLON DR.
ST. PETERSBURG, FL 33716
State of Incorp.
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)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5870233313132
Cash and cash equivalents292226313031
Short-term investments2969 7011
Receivables1      
Disposal group, including discontinued operation 3531    
Total current assets:591053433313132
Noncurrent Assets
Operating lease, right-of-use asset 000
Property, plant and equipment   0000
Long-term investments and receivables   4776
Long-term investments   4776
Disposal group, including discontinued operation, noncurrent assets 21    
Total noncurrent assets: 215776
Other undisclosed assets457144118110107103
TOTAL ASSETS:63164179156148144141
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue   4
Contract with customer, liability2  
Total current liabilities:   42  
Noncurrent Liabilities
Liabilities, other than long-term debt0      
Deferred income tax liabilities0   
Other liabilities0      
Total noncurrent liabilities:0      
Other undisclosed liabilities010811989838377
Total liabilities:110811993858377
Stockholders' equity
Stockholders' equity attributable to parent63566063636264
Preferred stock18181818181818
Common stock0000000
Treasury stock, value(1)(1)(1)(1)(1)(1)(1)
Additional paid in capital47474646464646
Accumulated other comprehensive income (loss) 110(1)(1)(1)
Retained earnings (accumulated deficit)(0)(8)(4)1103
Total stockholders' equity:63566063636264
TOTAL LIABILITIES AND EQUITY:63164179156148144141

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

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues41017161414
Premiums earned, net   161513 
Net investment income 101000
Financial services revenue13
Cost of revenue (4)(4)(9)(8)(9)(7)
Policyholder benefits and claims incurred, net   (9)(8)(9) 
Deferred policy acquisition costs, amortization expense (4)(4)    
Financial services costs(7)
Other undisclosed gross profit13      
Gross profit:17(4)(4)8867
Operating expenses(0)(1)(1)(17)(16)(17)(14)
Operating income (loss):17(4)(5)(9)(7)(11)(7)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(13)449897
Income (loss) from continuing operations before income taxes:4(0)(0)00(3)0
Income tax expense (benefit)100(0)11(0)
Other undisclosed loss from continuing operations(1)      
Income (loss) from continuing operations:3(0)(0)01(2)0
Income (loss) from discontinued operations5(3)(4)    
Net income (loss) attributable to parent:8(4)(5)01(2)0
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:8(4)(5)(0)0(2)(0)

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):8(4)(5)01(2)0
Other comprehensive income (loss)(0)(0)110(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:8(4)(4)11(2)(0)

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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