For the quarter ending 2025-09-30, HRTG has $2,367,424K in assets. $1,930,171K in debts. $560,435K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (amortized cost of 717,512 and 692,790) | 700,829 | 665,401 | ||
| Equity securities, at fair value, (cost 1,064 and 1,936) | 1,064 | 1,064 | ||
| Other investments, net | 1,285 | 4,864 | ||
| Total investments | 703,178 | 671,329 | ||
| Cash and cash equivalents | 560,435 | 473,465 | ||
| Restricted cash | 13,290 | 13,467 | ||
| Accrued investment income | 5,466 | 5,549 | ||
| Premiums receivable, net | 87,536 | 99,724 | ||
| Reinsurance recoverable on paid and unpaid claims, net of allowance for credit losses of 175 and 197 | 379,477 | 524,045 | ||
| Prepaid reinsurance premiums | 426,120 | 530,285 | ||
| Income taxes receivable | 6,405 | 19,118 | ||
| Deferred income tax asset, net | 7,565 | 11,356 | ||
| Deferred policy acquisition costs, net | 66,792 | 70,940 | ||
| Property and equipment, net | 27,605 | 38,935 | ||
| Right-of-use lease asset, finance | 13,213 | 13,837 | ||
| Right-of-use lease asset, operating | 5,190 | 5,246 | ||
| Intangibles, net | 31,734 | 33,280 | ||
| Other assets | 33,418 | 26,179 | ||
| Total assets | 2,367,424 | 2,536,755 | ||
| Unpaid losses and loss adjustment expenses | 649,584 | 713,183 | ||
| Unearned premiums | 733,434 | 762,235 | ||
| Reinsurance payable | 378,937 | 502,280 | ||
| Total principal amount | 81,385 | - | ||
| Deferred finance costs | 2,132 | - | ||
| Long-term debt, net | 79,253 | 92,361 | ||
| Advance premiums | 26,294 | 18,606 | ||
| Income taxes payable | 0 | 0 | ||
| Accrued compensation | 7,730 | 6,383 | ||
| Lease liability, finance | 16,251 | 16,868 | ||
| Lease liability, operating | 6,158 | 6,257 | ||
| Accounts payable and other liabilities | 32,530 | 35,280 | ||
| Total liabilities | 1,930,171 | 2,153,453 | ||
| Common stock, 0.0001 par value, 50000000 shares authorized, 43,249,244 shares issued and 30,911,435 outstanding at september 30, 2025 and 42,838,713 shares issued and 30,607,039 outstanding at december 31, 2024 | 3 | 3 | ||
| Additional paid-in capital | 366,796 | 365,559 | ||
| Accumulated other comprehensive income, net of taxes | -12,938 | -17,514 | ||
| Treasury stock, at cost, 12337809 shares at september 30, 2025 and 12,231,674 shares at december 31, 2024 | 133,183 | 130,900 | ||
| Retained earnings | 216,575 | 166,154 | ||
| Total stockholders' equity | 437,253 | 383,302 | ||
| Total liabilities and stockholders' equity | 2,367,424 | 2,536,755 | ||
Heritage Insurance Holdings, Inc. (HRTG)
Heritage Insurance Holdings, Inc. (HRTG)