HCI Group, Inc. (HCI) financial statements (2021 and earlier)

Company profile

Business Address 5300 WEST CYPRESS STREET
TAMPA, FL 33607
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 investments265306257281268315293
Cash and cash equivalents229239256281268315293
Short-term investments35661    
Deferred costs     44
Total current assets:265306257281268318298
Noncurrent Assets
Finance lease, right-of-use asset0
Operating lease, right-of-use asset0
Property, plant and equipment15131211121213
Long-term investments and receivables111254 
Long-term investments111254 
Intangible assets, net (including goodwill)4555  
Intangible assets, net (excluding goodwill)4555   
Deferred costs  0    
Total noncurrent assets:20191918171713
Other undisclosed assets518508566371353267215
TOTAL ASSETS:803833842670637602526
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Due to related parties   0   
Total current liabilities:   0   
Noncurrent Liabilities
Other undisclosed liabilities617651648426399420366
Total liabilities:617651648426399420366
Stockholders' equity
Stockholders' equity attributable to parent186181194244238183161
Additional paid in capital   8242049
Accumulated other comprehensive income (loss)2(1)53(2)11
Retained earnings183183189233216161110
Total stockholders' equity:186181194244238183161
TOTAL LIABILITIES AND EQUITY:803833842670637602526

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
Revenues242231244264286266241
Premiums earned, net216 
Financial services revenue2282482862553
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
(37)(35)(36)(38)(36)(33)27
Gross profit:205196209227250233268
Operating expenses(12)(12)(12)(20)(180)(165)(135)
Other operating expense, net(47)(40)(40)(43)   
Operating income:1461441571647068134
Nonoperating income (expense)     (0)1
Investment income, nonoperating     (0)1
Foreign currency transaction loss, before tax     (0)(0)
Interest and debt expense(13)(18)(18)(11)(11)(10)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (25)
Income from continuing operations before equity method investments, income taxes:1331251391535957106
Loss from equity method investments     (0) 
Other undisclosed income (loss) from continuing operations before income taxes(97)(99)(155)(106)4744 
Income (loss) from continuing operations before income taxes:3627(16)47106101106
Income tax expense (benefit)(10)(9)9(18)(40)(38)(41)
Net income (loss) attributable to parent:2718(7)29666366
Preferred stock dividends and other adjustments     0(0)
Other undisclosed net loss available to common stockholders, basic(1)      
Net income (loss) available to common stockholders, basic:2518(7)29666365
Other undisclosed net income (loss) available to common stockholders, diluted91 310(3)
Net income (loss) available to common stockholders, diluted:3418(7)32676363

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 (loss):2718(7)29666366
Other comprehensive income (loss)4(3)24(2)(0)(1)
Comprehensive income (loss), net of tax, attributable to parent:3015(5)33636265

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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