For the quarter ending 2025-09-30, SLDE has $2,686,855K in assets. $1,722,635K in debts. $861,558K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed-maturity securities, available-for-sale, at estimated fair value (amortized costs 465,454 and 464,585, respectively and allowance for credit losses 0 and 0 respectively) | 474,603 | 454,550 | ||
| Other investments, net | 4,044 | 4,212 | ||
| Total invested assets | 478,647 | 458,762 | ||
| Cash and cash equivalents | 861,558 | 936,187 | ||
| Restricted cash | 779 | 648 | ||
| Restricted cash - variable interest entity | 539,855 | 478,913 | ||
| Accrued interest income | 6,984 | 5,786 | ||
| Assumed premiums receivable | 0 | 22,312 | ||
| Premiums receivable, net of allowance for credit loss of 2,295 and 1,048, respectively | 105,713 | 69,902 | ||
| Reinsurance recoverable on paid losses net of allowance for credit loss 0 and 0, respectively | 32,197 | 45,243 | ||
| Reinsurance recoverable on unpaid losses net of allowance for credit loss 0 and 0, respectively | 207,939 | 240,241 | ||
| Prepaid reinsurance premiums | 312,924 | 432,733 | ||
| Deferred tax assets | 11,436 | 15,742 | ||
| Deferred policy acquisition costs | 92,333 | 71,458 | ||
| Advanced payments of premium tax liability | 27 | 1,115 | ||
| Property and equipment, net | 12,399 | 12,812 | ||
| Right-of-use lease asset, operating | 8,913 | 7,701 | ||
| Intangibles, net | 1,999 | 3,900 | ||
| Goodwill | 2,603 | 2,603 | ||
| Prepaid expenses | 9,715 | 7,361 | ||
| Other assets | 834 | 610 | ||
| Total assets | 2,686,855 | 2,814,029 | ||
| Loss and loss adjustment expense reserves | 523,959 | 571,812 | ||
| Unearned premiums | 824,425 | 720,394 | ||
| Commissions payable | 19,458 | 11,265 | ||
| Advanced recoveries on reinsurance | 0 | 0 | ||
| Assumed premiums payable | 1,758 | - | ||
| Deferred revenue | 90 | 90 | ||
| Reinsurance premiums payable | 204,689 | 444,554 | ||
| Long-term debt | 34,983 | 36,280 | ||
| Interest rate swap liability | 91 | 103 | ||
| Income taxes payable | 35,029 | 72,638 | ||
| Advanced premiums | 41,840 | 50,518 | ||
| Premium tax liabilities | 0 | 0 | ||
| Accounts payable and accrued expenses | 21,603 | 24,357 | ||
| Lease liability, operating | 9,975 | 8,374 | ||
| Other liabilities | 4,735 | 5,584 | ||
| Total liabilities | 1,722,635 | 1,945,969 | ||
| Common stock (par value 0.01, 1,500,000,000 shares authorized, 124,241,773 and 56,224,168 issued and outstanding at september 30, 2025 and december 31, 2024 respectively) | 1,242 | 1,252 | ||
| Additional paid-in capital | 373,461 | 389,731 | ||
| Accumulated other comprehensive income, net of taxes | 6,754 | 5,311 | ||
| Retained earnings | 582,763 | 471,766 | ||
| Total shareholders' equity | 964,220 | 868,060 | ||
| Total liabilities and shareholders' equity | 2,686,855 | 2,814,029 | ||
Slide Insurance Holdings, Inc. (SLDE)
Slide Insurance Holdings, Inc. (SLDE)