Kingsway Financial Statements From 2010 to 2024

KFS Stock  USD 8.70  0.10  1.14%   
Kingsway Financial financial statements provide useful quarterly and yearly information to potential Kingsway Financial Services investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Kingsway Financial financial statements helps investors assess Kingsway Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Kingsway Financial's valuation are summarized below:
Gross Profit
67 M
Profit Margin
0.2155
Market Capitalization
247.5 M
Enterprise Value Revenue
2.4916
Revenue
109.3 M
There are over one hundred nineteen available fundamental ratios for Kingsway Financial, which can be analyzed over time and compared to other ratios. All traders should check Kingsway Financial's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Enterprise Value is likely to gain to about 345.1 M in 2024, whereas Market Cap is likely to drop slightly above 105.6 M in 2024.

Kingsway Financial Total Revenue

103.83 Million

Check Kingsway Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kingsway main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 M, Interest Expense of 5.9 M or Selling General Administrative of 61.7 M, as well as many exotic indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0182 or PTB Ratio of 6.32. Kingsway financial statements analysis is a perfect complement when working with Kingsway Financial Valuation or Volatility modules.
  
This module can also supplement Kingsway Financial's financial leverage analysis and stock options assessment as well as various Kingsway Financial Technical models . Check out the analysis of Kingsway Financial Correlation against competitors.

Kingsway Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets196.4 M206.7 M334.4 M
Very volatile
Total Stockholder Equity26.3 M27.7 M37.5 M
Slightly volatile
Property Plant And Equipment Net2.6 M2.7 M45.2 M
Pretty Stable
Non Current Assets Total138.9 M93.8 M153.3 M
Slightly volatile
Other Assets88.9 M93.6 M98.7 M
Slightly volatile
Net Receivables12.4 M13 M31.4 M
Slightly volatile
Common Stock Shares Outstanding16.8 M26.4 M19 M
Slightly volatile
Liabilities And Stockholders Equity196.4 M206.7 M334.4 M
Very volatile
Other Stockholder Equity195.5 M178.4 M260.2 M
Pretty Stable
Total Current Assets18.4 M19.3 M63.2 M
Slightly volatile
Intangible Assets61.2 M35.7 M57.8 M
Slightly volatile
Short and Long Term Debt Total43.3 M45.6 M150.1 M
Pretty Stable
Total Current Liabilities478.8 K504 K14.2 M
Pretty Stable
Total Liabilities173 M182.1 M289.8 M
Pretty Stable
Other Liabilities74.3 M78.2 M80.1 M
Slightly volatile
Accounts Payable39.1 M51.1 M16.1 M
Slightly volatile
Cash16.6 M17.5 M44.2 M
Slightly volatile
Long Term Debt42.2 M44.4 M135.6 M
Pretty Stable
Good Will53.9 M50.4 M51.6 M
Slightly volatile
Short Term Investments152.9 K161 K11 M
Slightly volatile
Property Plant Equipment844.5 K889 K45.8 M
Pretty Stable
Cash And Short Term Investments16.8 M17.7 M49.6 M
Slightly volatile
Non Current Liabilities Total171.9 M180.9 M289.1 M
Pretty Stable
Property Plant And Equipment Gross67.7 M117.7 M65.4 M
Slightly volatile
Current Deferred Revenue51.9 M84 M45.1 M
Slightly volatile
Long Term Debt Total37.5 M39.4 M133.1 M
Pretty Stable
Capital Surpluse351.5 M414 M287.5 M
Slightly volatile
Non Current Liabilities Other97.1 M136.6 M132.2 M
Slightly volatile
WarrantsM5.4 M6.1 M
Slightly volatile
Cash And Equivalents77.5 M73.8 M36.4 M
Slightly volatile
Net Invested Capital68.5 M72.1 M239.6 M
Slightly volatile
Capital Lease Obligations1.9 M1.2 MM
Slightly volatile

Kingsway Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense5.9 M6.2 M8.3 M
Slightly volatile
Selling General Administrative61.7 M41.8 M48.5 M
Pretty Stable
Total Revenue103.8 M109.3 M126.5 M
Slightly volatile
Gross Profit40.4 M42.5 M112.7 M
Slightly volatile
Other Operating Expenses104.1 M109.6 M136.7 M
Slightly volatile
Cost Of Revenue63.5 M66.8 M46.2 M
Slightly volatile
Selling And Marketing Expenses20.8 M21.9 M40.1 M
Slightly volatile
Interest Income1.3 M1.1 M3.3 M
Slightly volatile
Reconciled Depreciation7.4 M6.2 M6.2 M
Slightly volatile

Kingsway Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow69 M77.2 M58.6 M
Slightly volatile
Capital Expenditures194.8 K205 K2.8 M
Pretty Stable
End Period Cash Flow16.6 M17.5 M49.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.071.97610.9126
Slightly volatile
Dividend Yield0.01820.01760.0186
Slightly volatile
PTB Ratio6.327.794914.9955
Slightly volatile
Days Sales Outstanding41.3143.486989.5545
Slightly volatile
Book Value Per Share1.021.07762.3215
Slightly volatile
Invested Capital1.541.621134.002
Slightly volatile
Average Payables89.9 M108 M116.2 M
Slightly volatile
Stock Based Compensation To Revenue0.01140.0150.0127
Slightly volatile
PB Ratio6.327.794914.9955
Slightly volatile
Inventory Turnover0.140.240.1349
Slightly volatile
Days Of Inventory On Hand1.5 K1.5 K4.3 K
Slightly volatile
Payables Turnover1.982.098.2512
Pretty Stable
Sales General And Administrative To Revenue0.210.38250.3873
Pretty Stable
Cash Per Share0.650.68683.0797
Slightly volatile
Days Payables Outstanding172181473
Slightly volatile
Intangibles To Total Assets0.440.41610.2878
Slightly volatile
Current Ratio36.4638.377145
Pretty Stable
Receivables Turnover8.818.39334.7208
Slightly volatile
Graham Number4.484.71336.2142
Slightly volatile
Shareholders Equity Per Share1.021.07762.3215
Slightly volatile
Debt To Equity1.541.621134.002
Slightly volatile
Average Receivables356.3 M339.3 M348.8 M
Slightly volatile
Revenue Per Share4.044.25077.2449
Slightly volatile
Interest Debt Per Share1.891.996.6877
Pretty Stable
Debt To Assets0.190.21730.3325
Slightly volatile
Operating Cycle41.3143.48692.1 K
Pretty Stable
Price Book Value Ratio6.327.794914.9955
Slightly volatile
Days Of Payables Outstanding172181473
Slightly volatile
Company Equity Multiplier7.097.460857.682
Slightly volatile
Long Term Debt To Capitalization0.450.61580.6669
Slightly volatile
Total Debt To Capitalization0.420.61850.6457
Slightly volatile
Debt Equity Ratio1.541.621134.002
Slightly volatile
Quick Ratio10360.875169
Pretty Stable
Cash Ratio60.9634.718397.2403
Pretty Stable
Days Of Inventory Outstanding1.5 K1.5 K4.3 K
Slightly volatile
Days Of Sales Outstanding41.3143.486989.5545
Slightly volatile
Price To Book Ratio6.327.794914.9955
Slightly volatile
Fixed Asset Turnover27.6739.948126.9152
Pretty Stable
Debt Ratio0.190.21730.3325
Slightly volatile
Price Sales Ratio2.071.97610.9126
Slightly volatile
Asset Turnover0.480.52870.4145
Slightly volatile
Gross Profit Margin0.370.38870.8677
Slightly volatile
Price Fair Value6.327.794914.9955
Slightly volatile

Kingsway Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap105.6 M111.2 M99.4 M
Slightly volatile
Enterprise Value345.1 M272.7 M208.6 M
Slightly volatile

Kingsway Fundamental Market Drivers

Cash And Short Term Investments17.7 M

Kingsway Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Kingsway Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Kingsway Financial income statement, its balance sheet, and the statement of cash flows. Kingsway Financial investors use historical funamental indicators, such as Kingsway Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Kingsway Financial investors may use each financial statement separately, they are all related. The changes in Kingsway Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kingsway Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Kingsway Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Kingsway Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue84 M51.9 M
Total Revenue109.3 M103.8 M
Cost Of Revenue66.8 M63.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.38  0.21 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 4.25  4.04 
Ebit Per Revenue(0)(0)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kingsway Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kingsway Financial's short interest history, or implied volatility extrapolated from Kingsway Financial options trading.

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When determining whether Kingsway Financial is a strong investment it is important to analyze Kingsway Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kingsway Financial's future performance. For an informed investment choice regarding Kingsway Stock, refer to the following important reports:
Check out the analysis of Kingsway Financial Correlation against competitors.
Note that the Kingsway Financial information on this page should be used as a complementary analysis to other Kingsway Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Kingsway Financial's price analysis, check to measure Kingsway Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kingsway Financial is operating at the current time. Most of Kingsway Financial's value examination focuses on studying past and present price action to predict the probability of Kingsway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingsway Financial's price. Additionally, you may evaluate how the addition of Kingsway Financial to your portfolios can decrease your overall portfolio volatility.
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Is Kingsway Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kingsway Financial. If investors know Kingsway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kingsway Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.94
Revenue Per Share
4.253
Quarterly Revenue Growth
0.114
Return On Assets
0.0061
Return On Equity
1.0935
The market value of Kingsway Financial is measured differently than its book value, which is the value of Kingsway that is recorded on the company's balance sheet. Investors also form their own opinion of Kingsway Financial's value that differs from its market value or its book value, called intrinsic value, which is Kingsway Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kingsway Financial's market value can be influenced by many factors that don't directly affect Kingsway Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kingsway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kingsway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kingsway Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.