Kestrel Group, Ltd. (KG) - Net Assets
Based on the latest financial reports, Kestrel Group, Ltd. (KG) has net assets worth $143.77 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.13 Billion) and total liabilities ($986.67 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 how resilient are Kestrel Group, Ltd.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $143.77 Million |
| % of Total Assets | 12.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | -231.63% |
| 10-Year Change | -135.21% |
| Growth Volatility | 103.15 |
Kestrel Group, Ltd. - Net Assets Trend (2000–2024)
This chart illustrates how Kestrel Group, Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Kestrel Group, Ltd. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kestrel Group, Ltd. (2000–2024)
The table below shows the annual net assets of Kestrel Group, Ltd. from 2000 to 2024. For live valuation and market cap data, see Kestrel Group, Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-694.79 Million | -378.85% |
| 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 309.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.50 Million | 3.33% |
| Other Comprehensive Income | $-32.73 Million | -72.43% |
| Other Components | $764.34 Million | 1691.27% |
| Total Equity | $45.19 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 |
|---|---|
|
MGI Digital
PA:ALMDG
|
$73.63 Million |
|
Globe International Ltd
AU:GLB
|
$73.64 Million |
|
Cassava Sciences Inc
NASDAQ:SAVA
|
$73.67 Million |
|
Inmobiliaria Manquehue S.A
SN:MANQUEHUE
|
$73.68 Million |
|
Tex Cycle Technology M Bhd
KLSE:0089
|
$73.61 Million |
|
Solutions 30 SE
F:30L3
|
$73.59 Million |
|
Jaya Konstruksi Manggala Pratama
JK:JKON
|
$73.58 Million |
|
aTyr Pharma, Inc.
NASDAQ:ATYR
|
$73.54 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 2023 to 2024, total equity changed from 249,160,000 to 45,193,000, a change of -203,967,000 (-81.9%).
- Net income of 324,273 contributed positively to equity growth.
- Share repurchases of 3,735,000 reduced equity.
- Other comprehensive income decreased equity by 26,067,176.
- Other factors decreased equity by 174,489,097.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $324.27K | +0.72% |
| Share Repurchases | $3.73 Million | -8.26% |
| Other Comprehensive Income | $-26.07 Million | -57.68% |
| Other Changes | $-174.49 Million | -386.1% |
| Total Change | $- | -81.86% |
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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.08x to 1.05x 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 | $9.51 | x |
| 2021-12-31 | $89.29 | $9.51 | x |
| 2022-12-31 | $65.33 | $9.51 | x |
| 2023-12-31 | $32.35 | $9.51 | x |
| 2024-12-31 | $9.05 | $9.51 | 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.18%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 0.10x
- Recent ROE (0.72%) is below the historical average (4.21%), suggesting potential challenges in 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 | 0.72% | 6.18% | 1.12x | 0.10x | $-4.20 Million |
Industry Comparison
This section compares Kestrel Group, Ltd.'s net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $644,709,300
- Average return on equity (ROE) among peers: 10.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kestrel Group, Ltd. (KG) | $143.77 Million | 6.53% | 6.86x | $73.63 Million |
| Fanhua Inc. (AIFU) | $1.95 Billion | 13.72% | 0.58x | $162.32 Million |
| Arthur J Gallagher & Co (AJG) | $81.90 Million | 21.61% | 2.90x | $52.50 Billion |
| Aon PLC (AON) | $2.29 Billion | 14.15% | 6.12x | $66.82 Billion |
| Accelerant Holdings (ARX) | $350.00 Million | -26.20% | 5.28x | $1.50 Billion |
| Brown & Brown Inc (BRO) | $13.40 Million | 34.33% | 4.85x | $19.62 Billion |
| The Baldwin Insurance Group, Inc. (BWIN) | $1.19 Billion | -2.58% | 1.42x | $2.12 Billion |
| Crawford & Company (CRD-A) | $215.69 Million | 6.96% | 3.14x | $310.54 Million |
| Crawford & Company (CRD-B) | $139.83 Million | 21.89% | 4.72x | $182.26 Million |
| CorVel Corp (CRVL) | $138.65 Million | 21.26% | 0.70x | $2.36 Billion |
| eHealth Inc (EHTH) | $77.60 Million | 0.39% | 0.40x | $41.02 Million |
About Kestrel Group, Ltd.
Kestrel Group Ltd engages in provision of fronting services to insurance program managers, MGAs, reinsurers, and reinsurance brokers in Bermuda. The company operates through two segments: Program Services and Legacy Reinsurance. Kestrel Group Ltd is based in Hamilton, Bermuda.