FedNat Holding Company (FNHC) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1061536486755340
Cash and cash equivalents1021336486755340
Short-term investments320     
Total current assets:1061536486755340
Noncurrent Assets
Operating lease, right-of-use asset78
Property, plant and equipment 1154432
Intangible assets, net (including goodwill)(0)      
Intangible assets, net (excluding goodwill)(0)      
Total noncurrent assets:71954432
Other undisclosed assets1,3161,007856815734582462
TOTAL ASSETS:1,4291,179925905813638504
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt7756   
Deferred revenue and credits56   
Deferred revenue77
Total noncurrent liabilities:7756   
Other undisclosed liabilities1,263923706671575388311
Total liabilities:1,270930710677575388311
Stockholders' equity
Stockholders' equity attributable to parent158249215212219233193
Common stock0000000
Additional paid in capital169168141140137132127
Accumulated other comprehensive income (loss)1110(4)2248
Retained earnings (accumulated deficit)(23)717870809657
Stockholders' equity attributable to noncontrolling interest   161918 
Total stockholders' equity:158249215227238251193
TOTAL LIABILITIES AND EQUITY:1,4291,179925905813638504

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues432415396392316250201
Premiums earned, net364  
Financial services revenue369351278210177
Cost of revenue(508)(391)(354)(363)(296)(170)(107)
Policyholder benefits and claims incurred, net(376)(273) 
Liability for future policy benefits, period expense (income)      (80)
Deferred policy acquisition costs, amortization expense      (27)
Financial services costs(228)(248)(187)  
Gross profit:(77)244229208093
Operating expenses(35)(23)(22)(20)(17)(15)(143)
Operating income (loss):(112)1209365(50)
Nonoperating income
(Investment Income, Nonoperating)
      10
Interest and debt expense(8)(11)(4)(0)(0)  
Other undisclosed income from continuing operations before equity method investments, income taxes811400 98
Income (loss) from continuing operations before income taxes:(112)120936557
Income tax expense (benefit)330(5)(4)(3)(25)(20)
Net income (loss):(78)115504037
Net income (loss) attributable to noncontrolling interest  03(0)0 
Net income (loss) available to common stockholders, diluted:(78)1158(0)4137

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(78)115504037
Other comprehensive loss  (4)(0)(2)(4) 
Other undisclosed comprehensive income (loss)114(1)    
Comprehensive income (loss):(77)1595(2)3737
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  03(1)1 
Other undisclosed comprehensive income, net of tax, attributable to parent      2
Comprehensive income (loss), net of tax, attributable to parent:(77)15108(2)3739

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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