HIPOW: the balance sheet

MyFinsight

For the year ending 2025-12-31, HIPOW has $1,905,500K in assets. $1,469,400K in debts. $218,300K in cash and cash equivalents.

Balance Sheets	2025-12-31
Noncurrent	293,400
Current	152,500
Total investments	445,900
Cash and cash equivalents	218,300
Restricted cash	31,800
Accounts receivable, net of allowance of 0.2 and 0.6	250,100
Reinsurance recoverable on paid and unpaid losses and loss adjustment expenses	346,600
Prepaid reinsurance premiums	353,700
Ceding commissions receivable	98,700
Capitalized internal use software	43,000
Intangible assets	13,800
Other assets	103,600
Total assets	1,905,500

Losses and loss adjustment expense reserve	420,400
Unearned premiums	579,700
Reinsurance premiums payable	304,400
Provision for commission	36,300
Surplus note	47,900
Claim payments outstanding	14,900
Advances from customers	10,900
Premium refund liability	11,800
Employee related accruals	9,000
Lease liability	4,500
Fiduciary liability	1,100
Contingent consideration liability	0
Other	28,500
Accrued expenses and other liabilities	80,700
Total liabilities	1,469,400
Additional paid-in capital	1,651,500
Accumulated other comprehensive income (loss)	1,800
Accumulated deficit	-1,217,200
Total hippo stockholders equity	436,100
Noncontrolling interest	0
Total stockholders equity	436,100
Total liabilities and stockholders equity	1,905,500

Unit: Thousand (K) dollars (except for numbers of shares and EPS).