Trean Insurance Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Trean Insurance Group's balance sheet done over the years? Its assets were worth $1,581,939,000 last year, which is more than in the previous period. 80% of Trean Insurance Group’s total assets is currently financed by debt. Its liabilities reached the amount of $1,266,920,000, which means an increase by 17% compared compared to last year.
Debt to Assets
| 2018 | 800119000 | 694.98M | 86.86% |
|---|---|---|---|
| 2019 | 919034000 | 777.41M | 84.59% |
| 2020 | 1369783000 | 959.67M | 70.06% |
| 2021 | 1503015000 | 1.08B | 71.93% |
| 2022 | 1581939000 | 1.26B | 80.09% |
TIG Balance Sheet (2018 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 107.99M | 129.57M | 153.14M | 74.26M | 53.57M |
Short term investments | 552.24M | 471.06M | 409.37M | 337.86M | 0 |
Net receivables | 574.64M | 519.62M | 453.75M | 392.01M | 335.84M |
Inventory | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 0 | 0 | 0 | 399.74M |
Total current assets | 701.11M | 1.12B | 1.01B | 466.28M | 789.16M |
Non-current assets: | |||||
Property, Plant and Equipment | 9.91M | 12.16M | 14.59M | 7.93M | 8.13M |
Goodwill | 66.29M | 142.34M | 140.64M | 2.82M | 2.82M |
Intangible assets | 67.11M | 73.11M | 75.31M | 0 | 0 |
Long term investments | 587.28M | 472.03M | 409.61M | 13.00M | 0 |
Other non-current assets | -587.28M | -699.65M | -640.15M | -23.76M | 0 |
Total non-current assets | 149.28M | 699.65M | 640.15M | 23.76M | 10.95M |
Total assets | 1.58B | 1.50B | 1.36B | 919.03M | 800.11M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 5.41M |
Short term debt | 28.88M | 30.36M | 31.63M | 21.63M | 26.46M |
Total current liabilities | 35.67M | 104.94M | 149.94M | 77.64M | 69.58M |
| Non-current liabilities: | |||||
Long term debt | 80.13M | 35.33M | 38.53M | 7.40M | 7.30M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.15B | -42.85M | -50.85M | -7.40M | 0 |
Total non-current liabilities | 1.23B | 42.85M | 50.85M | 7.40M | 7.30M |
Total liabilities | 1.26B | 1.08B | 959.67M | 777.41M | 694.98M |
| Data source | Data source | Data source |