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)

12/31/2020
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 investments482265306257281268315
Cash and cash equivalents431229239256281268315
Short-term investments5135661   
Deferred costs      4
Total current assets:482265306257281268318
Noncurrent Assets
Finance lease, right-of-use asset00
Operating lease, right-of-use asset40
Property, plant and equipment13151312111212
Long-term investments and receivables1111254
Long-term investments1111254
Intangible assets, net (including goodwill)44555  
Intangible assets, net (excluding goodwill)44555  
Deferred costs   0   
Total noncurrent assets:21201919181717
Other undisclosed assets438518508566371353267
TOTAL ASSETS:941803833842670637602
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Due to related parties    0  
Total current liabilities:    0  
Noncurrent Liabilities
Liabilities, other than long-term debt12      
Deferred income tax liabilities12 
Total noncurrent liabilities:12      
Other undisclosed liabilities728617651648426399420
Total liabilities:740617651648426399420
Stockholders' equity
Stockholders' equity attributable to parent201186181194244238183
Additional paid in capital    82420
Accumulated other comprehensive income (loss)22(1)53(2)1
Retained earnings200183183189233216161
Total stockholders' equity:201186181194244238183
TOTAL LIABILITIES AND EQUITY:941803833842670637602

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
Revenues310242231244264286266
Premiums earned, net262216 
Financial services revenue228248286255
Cost of revenue
(Deferred Policy Acquisition Costs, Amortization Expense)
(49)(37)(35)(36)(38)(36)(33)
Gross profit:261205196209227250233
Operating expenses(14)(12)(12)(12)(20)(180)(165)
Other operating expense, net(51)(47)(40)(40)(43)  
Operating income:1971461441571647068
Nonoperating expense      (0)
Investment income, nonoperating      (0)
Foreign currency transaction loss, before tax      (0)
Interest and debt expense(12)(13)(18)(18)(11)(11)(10)
Income from continuing operations before equity method investments, income taxes:1851331251391535957
Loss from equity method investments      (0)
Other undisclosed income (loss) from continuing operations before income taxes(148)(97)(99)(155)(106)4744
Income (loss) from continuing operations before income taxes:373627(16)47106101
Income tax expense (benefit)(9)(10)(9)9(18)(40)(38)
Net income (loss) attributable to parent:282718(7)296663
Preferred stock dividends and other adjustments      0
Other undisclosed net loss available to common stockholders, basic(1)(1)     
Net income (loss) available to common stockholders, basic:262518(7)296663
Other undisclosed net income available to common stockholders, diluted891 310
Net income (loss) available to common stockholders, diluted:343418(7)326763

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):282718(7)296663
Other comprehensive income (loss)(1)4(3)24(2)(0)
Comprehensive income (loss), net of tax, attributable to parent:273015(5)336362

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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