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)

12/31/2019
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 investments153648675534041
Cash and cash equivalents133648675534041
Short-term investments20      
Total current assets:153648675534041
Noncurrent Assets
Operating lease, right-of-use asset8
Property, plant and equipment11544321
Total noncurrent assets:19544321
Other undisclosed assets1,007856815734582462274
TOTAL ASSETS:1,179925905813638504317
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt      6
Total current liabilities:      6
Noncurrent Liabilities
Liabilities, other than long-term debt756    
Deferred revenue and credits56    
Deferred revenue7
Total noncurrent liabilities:756    
Other undisclosed liabilities923706671575388311202
Total liabilities:930710677575388311208
Stockholders' equity
Stockholders' equity attributable to parent249215212219233193108
Common stock0000000
Additional paid in capital16814114013713212781
Accumulated other comprehensive income (loss)10(4)22486
Retained earnings71787080965722
Stockholders' equity attributable to noncontrolling interest  161918  
Total stockholders' equity:249215227238251193108
TOTAL LIABILITIES AND EQUITY:1,179925905813638504317

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues415396392316250201122
Financial services revenue3693512782101774
Cost of revenue(391)(354)(363)(296)(170)(107)(35)
Policyholder benefits and claims incurred, net(273) 
Liability for future policy benefits, period expense (income)     (80)(56)
Deferred policy acquisition costs, amortization expense     (27)21
Financial services costs(228)(248)(187)   
Gross profit:24422920809387
Operating expenses(23)(22)(20)(17)(15)(143)(103)
Operating income (loss):1209365(50)(16)
Nonoperating income
(Investment Income, Nonoperating)
     106
Interest and debt expense(11)(4)(0)(0)   
Other undisclosed income from continuing operations before equity method investments, income taxes11400 9829
Income from continuing operations before income taxes:12093655719
Income tax expense (benefit)0(5)(4)(3)(25)(20)(6)
Net income:11550403713
Net income (loss) attributable to noncontrolling interest 03(0)0  
Net income (loss) available to common stockholders, diluted:1158(0)413713

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:11550403713
Other comprehensive loss (4)(0)(2)(4)  
Other undisclosed comprehensive income (loss)14(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.

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