Financial Snapshot

Revenue
$508.8M
TTM
Gross Margin
Net Earnings
$116.5M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$1.880B
Q1 2024
Total Liabilities
$1.323B
Q1 2024
Book Value
$557.2M
Q1 2024
Cash
$150.2M
Q1 2024
P/E
9.977
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $496.6M $396.2M $360.2M $295.8M $228.1M $194.8M $159.2M
YoY Change 25.33% 10.01% 21.76% 29.68% 17.09% 22.36% -5.46%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $496.6M $396.2M $360.2M $295.8M $228.1M $194.8M $159.2M
Cost Of Revenue $74.98M $70.20M $59.62M
Gross Profit $421.6M $85.47M $43.70M $27.25M
Gross Profit Margin 84.9% 21.57% 12.13% 9.21%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $78.93M $70.70M $61.79M $47.60M $38.50M $35.00M $31.10M
YoY Change 11.64% 14.43% 29.8% 23.64% 10.0% 12.54% -1.58%
% of Gross Profit 18.72% 82.72% 141.4% 174.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.546M $3.670M $3.563M $2.600M $2.000M $1.400M $1.500M
YoY Change -30.63% 3.0% 37.04% 30.0% 42.86% -6.67% 150.0%
% of Gross Profit 0.6% 4.29% 8.15% 9.54%
Operating Expenses $351.0M $298.6M $306.5M $257.4M $205.3M $164.1M $155.7M
YoY Change 17.56% -2.57% 19.07% 25.38% 25.11% 5.39% 13.4%
Operating Profit -$345.9M -$213.1M -$262.8M -$230.1M
YoY Change 62.3% -18.9% 14.18%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017
Interest Expense -$19.48M -$9.300M -$10.02M -$1.400M $6.500M -$5.100M $3.600M
YoY Change 109.47% -7.22% 616.0% -121.54% -227.45% -241.67% 200.0%
% of Operating Profit
Other Income/Expense, Net $5.594M -$500.0K $1.844M $400.0K
YoY Change -1218.8% -127.11% 361.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017
Pretax Income $126.0M $87.70M $45.44M $33.70M $25.30M $25.60M $7.000M
YoY Change 43.73% 92.99% 34.85% 33.2% -1.17% 265.71% -78.13%
Income Tax $7.854M $2.200M $1.747M $2.100M $1.700M $100.0K $0.00
% Of Pretax Income 6.23% 2.51% 3.84% 6.23% 6.72% 0.39% 0.0%
Net Earnings $110.7M $79.00M $43.70M $31.70M $23.60M $25.50M $7.000M
YoY Change 40.12% 80.79% 37.84% 34.32% -7.45% 264.29% -78.72%
Net Earnings / Revenue 22.29% 19.94% 12.13% 10.72% 10.35% 13.09% 4.4%
Basic Earnings Per Share $2.58 $1.85 $0.98
Diluted Earnings Per Share $2.55 $1.74 $961.0K $655.0K $487.6K $1.181M $372.3K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $177.0M $138.0M $36.28M $13.10M $24.70M $25.30M $30.00M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $13.00K $900.0K $1.900M $500.0K $1.100M
YoY Change -98.56% -52.63% 280.0% -54.55%
Property, Plant & Equipment $2.083M $28.50M $31.17M $33.20M $38.40M $42.90M $43.70M
YoY Change -92.69% -8.56% -6.12% -13.54% -10.49% -1.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $850.5M $540.7M $475.9M $449.7M $266.8M $214.3M $248.7M
YoY Change 57.3% 13.61% 5.83% 68.55% 24.5% -13.83%
Other Assets $22.16M $5.700M $3.289M $2.100M $1.500M $1.600M $1.500M
YoY Change 288.74% 73.3% 56.62% 40.0% -6.25% 6.67%
Total Long-Term Assets $1.452B $1.278B $1.007B $902.6M $891.6M
YoY Change 13.57% 26.92% 11.59% 1.23%
Total Assets $1.838B $1.561B $1.452B $1.279B $1.009B $903.1M $892.7M
YoY Change
Accounts Payable $11.26M $5.000M $1.700M
YoY Change 125.18% 194.12%
Accrued Expenses $12.77M $11.00M $7.200M
YoY Change 16.12% 52.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.001M $761.0K
YoY Change 31.54%
Total Short-Term Liabilities $26.29M $17.50M $13.30M
YoY Change 50.21% 31.58%
Long-Term Debt $2.133M $0.00 $2.752M $3.000M $1.600M $0.00 $0.00
YoY Change -100.0% -8.27% 87.5%
Other Long-Term Liabilities $50.01M $55.90M $26.66M $11.00M $8.900M $16.30M $17.40M
YoY Change -10.54% 109.65% 142.39% 23.6% -45.4% -6.32%
Total Long-Term Liabilities $52.14M $55.90M $29.42M $14.00M $10.50M $16.30M $17.40M
YoY Change -6.72% 90.04% 110.11% 33.33% -35.58% -6.32%
Total Liabilities $1.297B $1.131B $1.050B $884.6M $696.9M $602.0M $591.3M
YoY Change 14.69% 7.76% 18.68% 26.93% 15.76% 1.81%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 42.94M shares 45.55M shares 45.47M shares
Diluted Shares Outstanding 43.47M shares 45.67M shares 45.54M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.1623 Billion

About International General Insurance Holdings Ltd.

International General Insurance Holdings Ltd. is a Bermuda domiciled commercial insurer and reinsurer company. The company has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.

Industry: Insurance Carriers, NEC Peers: