Hagerty
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hagerty's balance sheet done over the years? Its assets were worth $1,588,212,000 last year, which is more than in the previous period. 69% of Hagerty’s total assets is currently financed by debt. Its liabilities reached the amount of $1,094,867,000, which means an increase by 16% compared compared to last year.
Debt to Assets
| 2019 | 443277571 | 332.81M | 75.08% |
|---|---|---|---|
| 2020 | 610710026 | 493.38M | 80.79% |
| 2021 | 1041871000 | 771.07M | 74.01% |
| 2022 | 1312518000 | 945.14M | 72.01% |
| 2023 | 1588212000 | 1.09B | 68.94% |
HGTY Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 724.27M | 95.17M | 275.33M | 38.10M | 21.80M |
Short term investments | -615.95M | -11.65M | -123.72M | 0 | 0 |
Net receivables | 71.53M | 256.53M | 179.62M | 141.05M | 108.82M |
Inventory | 0 | -198.27M | -573.22M | -120.58M | -88.57M |
Other current assets | 1.07B | 783.35M | 573.22M | 454.78M | 346.07M |
Total current assets | 1.25B | 936.78M | 454.95M | 513.35M | 388.13M |
Non-current assets: | |||||
Property, Plant and Equipment | 71.27M | 107.65M | 28.36M | 25.82M | 16.22M |
Goodwill | 114.21M | 115.04M | 11.48M | 4.74M | 3.80M |
Intangible assets | 91.92M | 104.02M | 76.17M | 46.61M | 17.30M |
Long term investments | 0 | 24.64M | 134.50M | 13.23M | 0 |
Other non-current assets | 60.57M | -887.76M | -116.02M | 20.16M | 17.81M |
Total non-current assets | 337.99M | -561.04M | 116.02M | 97.35M | 55.14M |
Total assets | 1.58B | 1.31B | 1.04B | 610.71M | 443.27M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 30.31M | 25.25M | 21.72M | 144.24M | 116.06M |
Short term debt | 0 | 7.55M | 9.06M | 213.69M | 26.1M |
Total current liabilities | 842.29M | 667.35M | 9.08M | 384.75M | 295.33M |
| Non-current liabilities: | |||||
Long term debt | 181.13M | 189.05M | 135.5M | 69M | 26.1M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 55.49M | 31.46M | -41.39M | 12.47M | 4.90M |
Total non-current liabilities | 252.56M | 277.79M | 146.01M | 108.63M | 37.48M |
Total liabilities | 1.09B | 945.14M | 771.07M | 493.38M | 332.81M |
| Data source | Data source | Data source |