Kingsway Financial Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Kingsway Financial Services's balance sheet done over the years? Its assets were worth $197,717,000 last year, which is less than in the previous period. 88% of Kingsway Financial Services’s total assets is currently financed by debt. Its liabilities reached the amount of $173,106,000, which means an decrease by -34% compared compared to last year.
Debt to Assets
| 2014 | 301722000 | 253.52M | 84.03% |
|---|---|---|---|
| 2015 | 241022000 | 190.92M | 79.21% |
| 2016 | 501021000 | 437.75M | 87.37% |
| 2017 | 484600000 | 435.29M | 89.82% |
| 2018 | 357339000 | 332.54M | 93.06% |
| 2019 | 399623000 | 347.32M | 86.91% |
| 2020 | 452474000 | 387.00M | 85.53% |
| 2021 | 475634000 | 412.96M | 86.82% |
| 2022 | 285650000 | 263.52M | 92.26% |
| 2023 | 197717000 | 173.10M | 87.55% |
KFSYF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 9.09M | 64.16M | 12.64M | 14.37M | 13.47M | 31.91M | 44.28M | 36.47M | 51.70M | 74.02M |
Short term investments | 161K | 157K | 157K | 157K | 155K | 152K | 151K | 401K | 400K | 400K |
Net receivables | 10.08M | 14.02M | 20.55M | 20.25M | 17.41M | 13.31M | 27.85M | 38.36M | 27.09M | 28.88M |
Inventory | 0 | 88.88M | 39.19M | 66.11M | 43.79M | 27.45M | 21.27M | 80.66M | 91.22M | 0 |
Other current assets | 0 | -92.60M | -39.19M | -66.11M | -43.79M | -45.10M | 0 | -87.45M | 0 | 0 |
Total current assets | 19.34M | 74.62M | 33.35M | 34.78M | 31.04M | 27.72M | 72.29M | 68.44M | 79.19M | 103.31M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.73M | 1.68M | 110.83M | 97.97M | 102.39M | 103.14M | 108.23M | 116.96M | 5.57M | 6.16M |
Goodwill | 50.35M | 45.49M | 110.24M | 121.13M | 82.10M | 73.92M | 80.11M | 71.06M | 10.07M | 10.58M |
Intangible assets | 35.67M | 33.09M | 108.23M | 84.13M | 86.42M | 83.81M | 87.61M | 89.01M | 14.73M | 47.29M |
Long term investments | 41.72M | 56.73M | 57.51M | 58.61M | 59.72M | 37.56M | 103.07M | 122.18M | 105.43M | 85.62M |
Other non-current assets | 0 | -60.90M | -28.55M | -27.55M | -29.01M | -17.80M | -103.07M | -122.18M | -105.43M | -85.62M |
Total non-current assets | 135.52M | 80.28M | 386.83M | 361.84M | 330.64M | 309.18M | 306.28M | 325.75M | 33.31M | 69.44M |
Total assets | 197.71M | 285.65M | 475.63M | 452.47M | 399.62M | 357.33M | 484.6M | 501.02M | 241.02M | 301.72M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 83.99M | 4.17M | 89.21M | 87.94M | 56.25M | 47.13M | 41.11M | 35.82M | 34.31M | 0 |
Short term debt | 0 | 1.21M | 94.10M | 268.28M | 732K | 0 | 0 | -35.82M | 0 | 0 |
Total current liabilities | 0 | 2.16M | 294K | 2.85M | 2.75M | 2.4M | 2.64M | 2.05M | 61K | 223K |
| Non-current liabilities: | ||||||||||
Long term debt | 45.61M | 103.30M | 295.19M | 271.50M | 262.05M | 236.48M | 260.67M | 233.69M | 39.89M | 54.27M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 71.60M | -412.96M | -387.00M | -347.32M | 37.14M | 171.97M | 117.47M | 113.72M | 144.18M |
Total non-current liabilities | 129.60M | 261.80M | 412.96M | 387.00M | 347.32M | 348.18M | 432.64M | 435.70M | 190.86M | 253.30M |
Total liabilities | 173.10M | 263.52M | 412.96M | 387.00M | 347.32M | 332.54M | 435.29M | 437.75M | 190.92M | 253.52M |
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