Conifer Holding Inc (CNFR) - Net Assets
Based on the latest financial reports, Conifer Holding Inc (CNFR) has net assets worth $28.21 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($283.26 Million) and total liabilities ($255.05 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Conifer Holding Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $28.21 Million |
| % of Total Assets | 9.96% |
| Annual Growth Rate | 0.12% |
| 5-Year Change | -51.53% |
| 10-Year Change | -72.14% |
| Growth Volatility | 227.03 |
Conifer Holding Inc - Net Assets Trend (2013–2024)
This chart illustrates how Conifer Holding Inc's net assets have evolved over time, based on quarterly financial data. Also explore Conifer Holding Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Conifer Holding Inc (2013–2024)
The table below shows the annual net assets of Conifer Holding Inc from 2013 to 2024. For live valuation and market cap data, see CNFR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.52 Million | +645.07% |
| 2023-12-31 | $2.89 Million | -97.62% |
| 2022-12-31 | $121.44 Million | -52.72% |
| 2021-12-31 | $256.84 Million | +478.30% |
| 2020-12-31 | $44.41 Million | +3.95% |
| 2019-12-31 | $42.73 Million | +1.33% |
| 2018-12-31 | $42.16 Million | -20.19% |
| 2017-12-31 | $52.83 Million | -22.08% |
| 2016-12-31 | $67.79 Million | -12.25% |
| 2015-12-31 | $77.26 Million | +53.67% |
| 2014-12-31 | $50.28 Million | +136.59% |
| 2013-12-31 | $21.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Conifer Holding Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1739.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $98.18 Million | 456.11% |
| Other Comprehensive Income | $-13.50 Million | -62.72% |
| Total Equity | $21.52 Million | 100.00% |
Conifer Holding Inc Competitors by Market Cap
The table below lists competitors of Conifer Holding Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVRO INDIA LIMITED
NSE:AVROIND
|
$18.09 Million |
|
Seouleaguer Co. Ltd
KQ:043710
|
$18.10 Million |
|
Green Resources Public Company Limited
BK:GREEN
|
$18.10 Million |
|
Mineral Commodities Ltd
AU:MRC
|
$18.11 Million |
|
Bukit Jalil Global Acquisition 1 Ltd. Ordinary Shares
NASDAQ:BUJA
|
$18.09 Million |
|
Polylite Taiwan Co Ltd
TWO:1813
|
$18.07 Million |
|
Defence Therapeutics Inc.
F:DTC
|
$18.07 Million |
|
Alpha Microelectronics
TWO:8024
|
$18.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conifer Holding Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,889,000 to 21,525,000, a change of 18,636,000 (645.1%).
- Net income of 24,347,000 contributed positively to equity growth.
- Dividend payments of 439,000 reduced retained earnings.
- Share repurchases of 6,397,000 reduced equity.
- Other comprehensive income increased equity by 1,028,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.35 Million | +113.11% |
| Dividends Paid | $439.00K | -2.04% |
| Share Repurchases | $6.40 Million | -29.72% |
| Other Comprehensive Income | $1.03 Million | +4.78% |
| Other Changes | $97.00K | +0.45% |
| Total Change | $- | 645.07% |
Book Value vs Market Value Analysis
This analysis compares Conifer Holding Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.45x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $3.32 | $1.48 | x |
| 2014-12-31 | $7.86 | $1.48 | x |
| 2015-12-31 | $14.39 | $1.48 | x |
| 2016-12-31 | $8.90 | $1.48 | x |
| 2017-12-31 | $6.71 | $1.48 | x |
| 2018-12-31 | $4.93 | $1.48 | x |
| 2019-12-31 | $4.81 | $1.48 | x |
| 2020-12-31 | $4.61 | $1.48 | x |
| 2021-12-31 | $4.18 | $1.48 | x |
| 2022-12-31 | $1.77 | $1.48 | x |
| 2023-12-31 | $0.24 | $1.48 | x |
| 2024-12-31 | $1.76 | $1.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conifer Holding Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 113.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.72%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 13.09x
- Recent ROE (113.11%) is above the historical average (-78.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.64% | 0.80% | 0.45x | 4.55x | $-1.78 Million |
| 2014 | -13.79% | -11.38% | 0.37x | 3.26x | $-11.97 Million |
| 2015 | 0.08% | 0.09% | 0.40x | 2.30x | $-7.66 Million |
| 2016 | -12.45% | -8.99% | 0.46x | 3.00x | $-15.22 Million |
| 2017 | -40.78% | -22.36% | 0.40x | 4.52x | $-26.82 Million |
| 2018 | -21.88% | -9.33% | 0.42x | 5.52x | $-13.44 Million |
| 2019 | -18.31% | -8.15% | 0.39x | 5.79x | $-12.09 Million |
| 2020 | 1.34% | 0.57% | 0.40x | 5.89x | $-3.85 Million |
| 2021 | -2.70% | -1.05% | 0.36x | 7.17x | $-5.14 Million |
| 2022 | -56.36% | -10.53% | 0.32x | 16.48x | $-12.58 Million |
| 2023 | -896.64% | -28.79% | 0.29x | 107.93x | $-26.19 Million |
| 2024 | 113.11% | 36.72% | 0.24x | 13.09x | $22.19 Million |
Industry Comparison
This section compares Conifer Holding Inc's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $8,922,003,000
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conifer Holding Inc (CNFR) | $28.21 Million | 1.64% | 9.04x | $18.09 Million |
| American Coastal Insurance Corp (ACIC) | $540.37 Million | 0.05% | 3.30x | $551.54 Million |
| American Financial Group Inc (AFG) | $1.83 Billion | 6.07% | 0.57x | $10.94 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.93 Billion | -9.14% | 3.41x | $120.77 Million |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $372.20 Million |
| Assurant Inc (AIZ) | $4.52 Billion | 3.13% | 5.65x | $10.94 Billion |
| The Allstate Corporation (ALL) | $22.55 Billion | 14.14% | 3.99x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $-243.54 Million | 0.00% | 0.00x | $943.55 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $370.44 Million | 10.32% | 3.47x | $797.28 Million |
| Chubb Ltd (CB) | $50.31 Billion | 7.87% | 2.33x | $127.02 Billion |
| Cincinnati Financial Corporation (CINF) | $6.25 Billion | 9.35% | 1.58x | $25.23 Billion |
About Conifer Holding Inc
Presurance Holdings, Inc., an insurance holding company, provides specialty property, and casualty insurance in the United States. The company provides specialty insurance coverage for individuals, businesses, and communities. It offers both specialty commercial and specialty personal product lines. It offers insurance services to various sectors including hospitality, such as restaurants, bars, … Read more