Palomar Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Palomar Holdings's balance sheet done over the years? Its assets were worth $1,708,022,000 last year, which is more than in the previous period. 72% of Palomar Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $1,236,770,000, which means an increase by 35% compared compared to last year.
Debt to Assets
| 2017 | 188355000 | 109.94M | 58.37% |
|---|---|---|---|
| 2018 | 231134000 | 139.96M | 60.55% |
| 2019 | 395462000 | 176.90M | 44.73% |
| 2020 | 729092000 | 365.37M | 50.11% |
| 2021 | 925734000 | 531.56M | 57.42% |
| 2022 | 1298818000 | 914.06M | 70.38% |
| 2023 | 1708022000 | 1.23B | 72.41% |
PLMR Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 51.54M | 68.10M | 50.28M | 33.53M | 33.11M | 9.52M | 10.78M |
Short term investments | 0 | 515.06M | 432.68M | 397.98M | 217.15M | 122.22M | 101.91M |
Net receivables | 0 | 348.34M | 245.32M | 153.57M | 53.49M | 33.19M | 0 |
Inventory | 0 | 0 | -162.65M | -96.52M | -80.27M | 0 | -38.36M |
Other current assets | 265.80M | -348.34M | 162.65M | 96.52M | 80.27M | 0 | 41.54M |
Total current assets | 317.35M | 583.17M | 728.29M | 585.09M | 303.76M | 164.94M | 142.66M |
Non-current assets: | |||||||
Property, Plant and Equipment | 373K | 603K | 527K | 739K | 845K | 947K | 827K |
Goodwill | 3.75M | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 8.56M | 8.26M | 9.50M | 11.51M | 744K | 744K | 744K |
Long term investments | 689.57M | 553.64M | 465.94M | 422.30M | 239.47M | 147.39M | 125.49M |
Other non-current assets | 761.07M | -553.64M | -15.22M | -8.59M | -4.58M | -149.08M | -127.07M |
Total non-current assets | 1.46B | 19.48M | 475.97M | 434.56M | 241.06M | 149.08M | 127.07M |
Total assets | 1.70B | 1.29B | 925.73M | 729.09M | 395.46M | 231.13M | 188.35M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 57.84M | 0 | 0 | 0 | 0 |
Short term debt | 0 | 36.4M | 904K | 0 | 0 | 0 | 0 |
Total current liabilities | 255.12M | 10.28M | 58.74M | 42.96M | 24.93M | 24.97M | 11.56M |
| Non-current liabilities: | |||||||
Long term debt | 52.6M | 36.4M | 0 | 0 | 0 | 19.07M | 17.08M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.18B | 875.01M | -3.90M | -5.37M | -1.99M | -19.07M | 0 |
Total non-current liabilities | 1.23B | 911.41M | 3.90M | 5.37M | 1.99M | 19.07M | 17.08M |
Total liabilities | 1.23B | 914.06M | 531.56M | 365.37M | 176.90M | 139.96M | 109.94M |
| Data source | Data source | Data source | Data source | Data source |