FedNat Holding Company (FNHC) financial statements (2020 and earlier)

Company profile

Business Address 14050 NW 14 STREET
SUNRISE, FL 33323
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)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments121648675534041
Cash and cash equivalents121648675534041
Total current assets:121648675534041
Noncurrent Assets
Operating lease, right-of-use asset8
Property, plant and equipment 544321
Total noncurrent assets:8544321
Other undisclosed assets972856815734582462274
TOTAL ASSETS:1,101925905813638504317
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt      6
Total current liabilities:      6
Noncurrent Liabilities
Liabilities, other than long-term debt656    
Deferred revenue and credits56    
Deferred revenue6
Total noncurrent liabilities:656    
Other undisclosed liabilities858706671575388311202
Total liabilities:864710677575388311208
Stockholders' equity
Stockholders' equity attributable to parent237215212219233193108
Common stock0000000
Additional paid in capital14314114013713212781
Accumulated other comprehensive income (loss)12(4)22486
Retained earnings83787080965722
Stockholders' equity attributable to noncontrolling interest  161918  
Total stockholders' equity:237215227238251193108
TOTAL LIABILITIES AND EQUITY:1,101925905813638504317

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

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues402396392316250201122
Premiums earned, net87 
Financial services revenue1853693512782101774
Cost of revenue(382)(354)(363)(296)(170)(107)(35)
Policyholder benefits and claims incurred, net(127) 
Liability for future policy benefits, period expense (income)     (80)(56)
Deferred policy acquisition costs, amortization expense     (27)21
Financial services costs(139)(228)(248)(187)   
Gross profit:21422920809387
Operating expenses(23)(22)(20)(17)(15)(143)(103)
Operating income (loss):(3)209365(50)(16)
Nonoperating income
(Investment Income, Nonoperating)
     106
Interest and debt expense(10)(4)(0)(0)   
Other undisclosed income from continuing operations before equity method investments, income taxes10400 9829
Income (loss) from continuing operations before income taxes:(3)2093655719
Income tax expense (benefit)1(5)(4)(3)(25)(20)(6)
Net income (loss):(1)1550403713
Net income (loss) attributable to noncontrolling interest 03(0)0  
Net income (loss) available to common stockholders, diluted:(1)158(0)413713

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(1)1550403713
Other comprehensive loss (4)(0)(2)(4)  
Other undisclosed comprehensive income (loss)17(1)     
Comprehensive income (loss):1595(2)373713
Comprehensive income (loss), net of tax, attributable to noncontrolling interest 03(1)1  
Other undisclosed comprehensive income, net of tax, attributable to parent     22
Comprehensive income (loss), net of tax, attributable to parent:15108(2)373915

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: