Security National Financial Corporation (SNFCA) financial statements (2021 and earlier)

Company profile

Business Address PO BOX 57220
SALT LAKE CITY, UT 84157
State of Incorp. UT
Fiscal Year End December 31
SIC 6199 - Finance Services (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments106128142516757
Cash and cash equivalents106128142453940
Short-term investments   62817
Restricted cash and investments115138151   
Total current assets:222265293516757
Noncurrent Assets
Finance lease, right-of-use asset00
Operating lease, right-of-use asset1211
Inventory, real estate91010101111
Property, plant and equipment121578911
Intangible assets, net (including goodwill)554333
Goodwill443333
Intangible assets, net (excluding goodwill)111   
Total noncurrent assets:384121212225
Other undisclosed assets1,2891,028737910863668
TOTAL ASSETS:1,5491,3341,051982952750
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt00    
Lease deposit liability00
Total noncurrent liabilities:00    
Other undisclosed liabilities1,2851,138879834819639
Total liabilities:1,2851,138879834819639
Stockholders' equity
Stockholders' equity attributable to parent, including:264197172149133111
Treasury stock, value(2)(2)(0)(1)(1)(2)
Additional paid in capital504642383530
Accumulated other comprehensive income (loss)2314(0)102
Retained earnings15410195786752
Other undisclosed stockholders' equity attributable to parent393735333130
Total stockholders' equity:264197172149133111
TOTAL LIABILITIES AND EQUITY:1,5491,3341,051982952750

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues481283280277304283
Premiums earned, net938276
Net investment income564340   
Financial services revenue706556
Cost of revenue(39)(26)(32)(4)(2)(17)
Liability for future policy benefits, period expense (income)(24)(24)(24)  (17)
Amortization of mortgage servicing rights (msrs)(12) (5)(4)(2) 
Gross profit:443257248273302266
Operating expenses(278)(161)(173)   
Operating income:1649675273302266
Nonoperating expense
(Investment Income, Nonoperating)
(14) (14)   
Interest and debt expense(9)(7)(7)(6)(5)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes(71)(75)(28)(260)(277)(242)
Income from continuing operations before income taxes:71142682020
Income tax expense (benefit)(16)(3)(4)7(8)(7)
Net income available to common stockholders, diluted:561122141213

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:561122141213
Other comprehensive income (loss)1014(0)0  
Comprehensive income:652522141213
Other undisclosed comprehensive income, net of tax, attributable to parent    10
Comprehensive income, net of tax, attributable to parent:652522141313

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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