For the quarter ending 2025-09-30, KINS has $428,590,242 in assets. $320,937,200 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of 5,174,675 at september30, 2025 and 5,959,265 at december31, 2024) | 6,043,708 | 7,045,231 | ||
| Fixed-maturity securities, available-for-sale, at fair value (amortized cost of 261,180,534 at september30, 2025 and 202,308,158 at december31, 2024) | 252,640,428 | 217,679,350 | ||
| Equity securities, at fair value (cost of 13,546,654 at september30, 2025 and 13,527,554 at december31, 2024) | 10,409,833 | 10,027,099 | ||
| Other investments | 4,889,148 | 5,083,438 | ||
| Total investments | 273,983,117 | 239,835,118 | ||
| Cash and cash equivalents | 26,772,302 | 33,714,432 | ||
| Premiums receivable, net of allowance for credit losses of 477,154 at september30, 2025, 2025 and 402,290 at december 31, 2024 | 18,252,649 | 17,277,970 | ||
| Reinsurance receivables, net | 60,019,060 | 55,439,043 | ||
| Prepaid reinsurance | 2,142,329 | 3,649,273 | ||
| Deferred policy acquisition costs | 25,377,781 | 23,848,030 | ||
| Intangible assets | 500,000 | 500,000 | ||
| Property and equipment, net | 7,861,007 | 7,853,192 | ||
| Deferred income taxes, net | 4,138,144 | 5,107,644 | ||
| Other assets | 9,543,853 | 6,196,823 | ||
| Total assets | 428,590,242 | 393,421,525 | ||
| Loss and loss adjustment expense reserves | 141,194,246 | 133,927,454 | ||
| Unearned premiums | 140,041,140 | 130,263,096 | ||
| Advance premiums | 7,711,957 | 5,712,581 | ||
| Reinsurance balances payable | 5,690,029 | 5,440,516 | ||
| Deferred ceding commission revenue | 7,562,417 | 6,995,648 | ||
| Accounts payable, accrued expenses and other liabilities | 12,152,437 | 7,984,147 | ||
| Income taxes payable | 1,832,290 | 3,159,483 | ||
| Debt, net (current 1,278,094 and long-term 3,474,590 at september30, 2025, current 6,849,257 and long-term 4,322,163 at december 31, 2024) | 4,752,684 | 5,060,708 | ||
| Total liabilities | 320,937,200 | 298,543,633 | ||
| Common stock, 0.01 par value authorized 20,000,000 shares issued 15,671,553 shares at september30, 2025 and 14,448,205 shares at december31, 2024 outstanding 14,147,428 shares at september30, 2025 and 12,924,080 shares at december31, 2024 | 156,715 | 156,612 | ||
| Capital in excess of par | 99,264,372 | 98,840,728 | ||
| Accumulated other comprehensive loss | -6,744,530 | -8,930,559 | ||
| Retained earnings (accumulated deficit) | 20,544,492 | 10,379,118 | ||
| Stockholders' equity before treasury stock | 113,221,049 | 100,445,899 | ||
| Treasury stock, at cost, 1,524,125 shares at september30, 2025 and 1,524,125 at december 31, 2024 | 5,568,007 | 5,568,007 | ||
| Total stockholders' equity | 107,653,042 | 94,877,892 | ||
| Total liabilities and stockholders' equity | 428,590,242 | 393,421,525 | ||
KINGSTONE COMPANIES, INC. (KINS)
KINGSTONE COMPANIES, INC. (KINS)