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HCI - HCI Group, Inc.

NYSE -> Financial Services -> Insurance—Property & Casualty
Tampa, United States
Type: Equity

HCI price evolution
HCI
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $539.76 $327.01 $296.98 $305.01
Short term investments
Net receivables $144.22 $139.35 $154.97 $72.03
Inventory
Total current assets $138.88 $99.01 $42.63 $25.7
Long term investments
Property, plant & equipment $30.66 $30.23 $28.54 $28.2
Goodwill & intangible assets $7.66 $8.27 $7.07 $7.69
Total noncurrent assets
Total investments $520.25 $527.06 $549.68 $630.25
Total assets $1811.32 $1723.63 $1726.84 $1771.12
Current liabilities
Accounts payable $12.92 $7.05 $12.43 $21.17
Deferred revenue $517.05 $428.08 $412.71 $413.67
Short long term debt
Total current liabilities $44.73 $59.64 $47.64 $47.89
Long term debt $208.5 $208.33 $208.16 $196.16
Total noncurrent liabilities
Total debt $209.9 $209.79 $209.53 $197.58
Total liabilities $1387.99 $1428.77 $1443 $1498.4
Shareholders' equity
Retained earnings $238.44 $203.77 $194.03 $185.03
Other shareholder equity -$3.16 -$6 -$6.72 -$5.1
Total shareholder equity $324.84 $199.94 $188.38 $180.26
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $539.76 $237.76 $631.34 $433.74
Short term investments
Net receivables $144.22 $21.76 $106.5 $118.89
Inventory
Total current assets $138.88 $24.59 $9.44
Long term investments
Property, plant & equipment $30.66 $18.69 $16.44 $16.77
Goodwill & intangible assets $7.66 $10.58 $10.64 $3.57
Total noncurrent assets
Total investments $520.25 $615.59 $196.72 $225.72
Total assets $1811.32 $1803.33 $1176.86 $941.31
Current liabilities
Accounts payable $12.92 $26.25 $23.34 $0.09
Deferred revenue $517.05 $386.63 $380.51 $280.77
Short long term debt
Total current liabilities $44.73 $33.84 $46.43 $49.4
Long term debt $208.5 $211.69 $45.5 $156.51
Total noncurrent liabilities
Total debt $209.9 $212.41 $62.71 $184.28
Total liabilities $1387.99 $1640.73 $762.4 $740.18
Shareholders' equity
Retained earnings $238.44 $172.48 $246.79 $199.59
Other shareholder equity -$3.16 -$9.89 $0.5 $1.54
Total shareholder equity $324.84 $162.6 $323.37 $201.14
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $162.67 $131.64 $127.33 $129.03
Cost of revenue $65.4 $66.73 $61.89 $60.56
Gross Profit $97.27 $64.92 $65.44 $68.46
Operating activities
Research & development
Selling, general & administrative $34.95 $36.63 $36.89 $36.22
Total operating expenses $40.29 $42 $42.5 $42.53
Operating income $56.98 $22.91 $22.93 $25.94
Income from continuing operations
EBIT $54.16 $20.4 $20.49 $23.48
Income tax expense $13.25 $4.42 $5.38 $5.34
Interest expense $2.82 $2.83 $2.67 $2.8
Net income
Net income $38.1 $13.16 $12.44 $15.34
Income (for common shares) $38.1 $13.16 $12.44 $15.34
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $550.67 $499.56 $407.92 $310.44
Cost of revenue $254.58 $371.46 $227.53 $160.04
Gross Profit $296.09 $128.1 $180.39 $150.4
Operating activities
Research & development
Selling, general & administrative $144.69 $161.49 $139.16 $87.69
Total operating expenses $167.32 $188.75 $161 $101.49
Operating income $128.77 -$60.65 $19.39 $48.91
Income from continuing operations
EBIT $118.54 -$64.56 $12.25 $48.66
Income tax expense $28.39 -$13.81 $3.99 $9.35
Interest expense $11.12 $7.77 $6.4 $11.73
Net income
Net income $79.03 -$58.51 $1.86 $27.58
Income (for common shares) $79.03 -$58.51 $1.86 $27.58
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $38.1 $13.16 $12.44 $15.34
Operating activities
Depreciation $1.98 $1.97 $2 $2.23
Business acquisitions & disposals $0.02
Stock-based compensation $3.54 $1.84 $1.87 $2.11
Total cash flows from operations $153.34 $71.38 -$93.17 $99.11
Investing activities
Capital expenditures -$1.32 -$2.42 -$1.29 -$1.47
Investments -$20.13 -$29.75 $78.72 -$16.31
Total cash flows from investing -$21.45 -$33.96 $77.43 -$17.76
Financing activities
Dividends paid -$3.42 -$3.43 -$3.44 -$3.43
Sale and purchase of stock $84.57 -$0.48 -$0.3
Net borrowings -$0.22 -$0.11 $11.65 -$7.15
Total cash flows from financing $80.87 -$7.35 $7.7 -$14.1
Effect of exchange rate -$0 -$0.04 $0 -$0
Change in cash and equivalents $212.76 $30.03 -$8.03 $67.25
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $79.03 -$58.51 $1.86 $27.58
Operating activities
Depreciation $8.18 $8.01 $5.55 $8.75
Business acquisitions & disposals $0.02 $0.35
Stock-based compensation $9.35 $15.11 $13.75 $8.13
Total cash flows from operations $230.66 -$0.01 $96.5 $77.31
Investing activities
Capital expenditures -$6.5 $8.16 -$3.32 $37.56
Investments $12.54 -$439.25 $39.55 $105.65
Total cash flows from investing $4.27 -$434.54 $36.85 $143.22
Financing activities
Dividends paid -$13.72 -$15.23 -$14.06 -$12.69
Sale and purchase of stock $83.79 -$88.31 -$1.31 -$6.64
Net borrowings $4.17 $150.45 -$11.77 $2.33
Total cash flows from financing $67.12 $41.07 $64.3 -$16.7
Effect of exchange rate -$0.04 -$0.1 -$0.05 $0
Change in cash and equivalents $302 -$393.58 $197.6 $203.82
Fundamentals
Market cap $1.13B
Enterprise value $795.19M
Shares outstanding 9.74M
Revenue $550.67M
EBITDA $126.73M
EBIT $118.54M
Net Income $79.03M
Revenue Q/Q 35.62%
Revenue Y/Y N/A
P/E ratio 14.24
EV/Sales 1.44
EV/EBITDA 6.27
EV/EBIT 6.71
P/S ratio 2.04
P/B ratio 3.43
Book/Share 33.68
Cash/Share 55.43
EPS $8.12
ROA 4.50%
ROE 35.38%
Debt/Equity 4.27
Net debt/EBITDA 6.69
Current ratio 3.11
Quick ratio 3.11