Kestrel Group, Ltd. Net Assets
Kestrel Group, Ltd. net assets. Based on the latest financial reports, Kestrel Group, Ltd. (KG) has net assets worth $113.96 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($919.61 Million) and total liabilities ($805.65 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. Also explore KG net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $113.96 Million |
| % of Total Assets | 12.39% |
| Annual Growth Rate | -7.84% |
| 5-Year Change | -66.62% |
| 10-Year Change | -94.39% |
| Growth Volatility | 673.25 |
Net Assets of Kestrel Group, Ltd. (2000–2025)
Net assets of Kestrel Group, Ltd. from 2000 to 2025. This chart illustrates how Kestrel Group, Ltd.'s net assets have evolved over time, based on quarterly financial data. See Kestrel Group, Ltd. net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Kestrel Group, Ltd. (2000–2025)
The table below shows the annual net assets of Kestrel Group, Ltd. from 2000 to 2025. For live market cap and overall valuation, see market value of Kestrel Group, Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $128.28 Million | +2685.15% |
| 2024-12-31 | $4.61 Million | -98.15% |
| 2023-12-31 | $249.16 Million | -12.45% |
| 2022-12-31 | $284.58 Million | -25.94% |
| 2021-12-31 | $384.26 Million | -27.20% |
| 2020-12-31 | $527.82 Million | -77.72% |
| 2009-12-31 | $2.37 Billion | +8.82% |
| 2008-12-31 | $2.18 Billion | -13.28% |
| 2007-12-31 | $2.51 Billion | +9.71% |
| 2006-12-31 | $2.29 Billion | +15.97% |
| 2005-12-31 | $1.97 Billion | +6.74% |
| 2004-12-31 | $1.85 Billion | -9.47% |
| 2003-12-31 | $2.04 Billion | +5.75% |
| 2002-12-31 | $1.93 Billion | +1.20% |
| 2001-12-31 | $1.91 Billion | +93.20% |
| 2000-12-31 | $987.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kestrel Group, Ltd.'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 99.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Kestrel Group, Ltd. Net Assets Breakdown (December 2025)
Kestrel Group, Ltd. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.20 Million | 0.93% |
| Common Stock | $100.00K | 0.08% |
| Other Comprehensive Income | $916.00K | 0.71% |
| Other Components | $126.07 Million | 98.27% |
| Total Equity | $128.28 Million | 100.00% |
Kestrel Group, Ltd. Competitors by Market Cap
The table below lists competitors of Kestrel Group, Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xbrane Biopharma AB
ST:XBRANE
|
$31.38 Million |
|
Xreality Group Ltd
AU:XRG
|
$31.40 Million |
|
Hastings Technology Metals Ltd
AU:HAS
|
$31.40 Million |
|
Chiu Ting Machinery Co Ltd
TW:1539
|
$31.41 Million |
|
Autopedia Sukses Lestari Tbk PT
JK:ASLC
|
$31.37 Million |
|
Planet Image International Limited Class A Ordinary Shares
NASDAQ:YIBO
|
$31.36 Million |
|
Yong Shun Chemical Co Ltd
TWO:4711
|
$31.35 Million |
|
Maquia Capital Acquisition Corp
NASDAQ:MAQC
|
$31.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kestrel Group, Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,606,000 to 128,283,999, a change of 123,677,999 (2685.1%).
- Net income of 46,725,000 contributed positively to equity growth.
- Dividend payments of 40,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 33,649,000.
- Other factors increased equity by 83,303,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $46.73 Million | +36.42% |
| Dividends Paid | $40.00 Million | -31.18% |
| Other Comprehensive Income | $33.65 Million | +26.23% |
| Other Changes | $83.30 Million | +64.94% |
| Total Change | $- | 2685.15% |
Book Value vs Market Value Analysis
This analysis compares Kestrel Group, Ltd.'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: 0.18x
- 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 0.03x to 0.18x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $125.17 | $4.01 | x |
| 2021-12-31 | $89.29 | $4.01 | x |
| 2022-12-31 | $65.33 | $4.01 | x |
| 2023-12-31 | $25.07 | $4.01 | x |
| 2024-12-31 | $0.46 | $4.01 | x |
| 2025-12-31 | $22.38 | $4.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kestrel Group, Ltd. 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): 36.42%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 137.23%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 4.28x
- Recent ROE (36.42%) is above the historical average (4.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.53% | 10.40% | 0.48x | 1.30x | $-34.26 Million |
| 2001 | 11.42% | 24.99% | 0.35x | 1.31x | $27.11 Million |
| 2002 | 9.45% | 16.18% | 0.41x | 1.42x | $-10.60 Million |
| 2003 | 5.18% | 6.96% | 0.48x | 1.56x | $-98.36 Million |
| 2005 | 5.97% | 6.65% | 0.60x | 1.50x | $-79.51 Million |
| 2006 | 12.63% | 14.53% | 0.60x | 1.45x | $60.09 Million |
| 2007 | 7.29% | 8.56% | 0.62x | 1.36x | $-68.09 Million |
| 2009 | 3.88% | 5.18% | 0.53x | 1.40x | $-144.98 Million |
| 2020 | 7.91% | 22.38% | 0.06x | 5.59x | $-11.02 Million |
| 2021 | 6.67% | 25.96% | 0.04x | 6.04x | $-12.80 Million |
| 2022 | -21.21% | -103.82% | 0.03x | 6.49x | $-88.81 Million |
| 2023 | -1.69% | -316.94% | 0.00x | 3.83x | $-29.13 Million |
| 2024 | -28.03% | -33.56% | 0.70x | 1.20x | $-1.75 Million |
| 2025 | 36.42% | 137.23% | 0.06x | 4.28x | $33.90 Million |
Industry Comparison
This section compares Kestrel Group, Ltd.'s net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $1,505,167,750
- Average return on equity (ROE) among peers: -0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kestrel Group, Ltd. (KG) | $113.96 Million | 6.53% | 7.07x | $31.37 Million |
| Everest Group Ltd (EG) | $2.37 Billion | 9.77% | 3.16x | $14.04 Billion |
| Greenlight Capital Re Ltd (GLRE) | $605.58 Million | 5.83% | 0.81x | $486.22 Million |
| Hamilton Insurance Group, Ltd. (HG) | $1.66 Billion | -5.89% | 2.50x | $2.33 Billion |
| Maiden Holdings Ltd (MHLD) | $1.02 Billion | 4.94% | 3.07x | $114.64 Million |
| Oxbridge Re Holdings Ltd (OXBR) | $4.11 Million | -42.92% | 0.82x | $5.96 Million |
| Reinsurance Group of America (RGA) | $3.19 Billion | 9.21% | 5.72x | $16.08 Billion |
| Renaissancere Holdings Ltd (RNR) | $689.96 Million | 15.11% | 1.34x | $12.05 Billion |
| Siriuspoint Ltd (SPNT) | $2.50 Billion | 2.32% | 3.24x | $2.68 Billion |
About Kestrel Group, Ltd.
Kestrel Group Ltd engages in the reinsurance business. It operates through two segments: Program Services and Legacy Reinsurance. The company offers fronting services to insurance program managers, managing general agencies, reinsurers, and reinsurance brokers in Bermuda. The company is based in Hamilton, Bermuda.