Kingstone Companies Inc
Kingstone Companies, Inc., through its subsidiary, Kingstone Insurance Company (KICO), provides property and casualty insurance products in the United States. It offers personal line of insurance products, such as homeowners, dwelling fire, cooperative/condominiums, renters, and personal umbrella policies; and commercial auto insurance products. It also provides for-hire vehicle physical damage o… Read more
Kingstone Companies Inc (KINS) - Net Assets
Latest net assets as of September 2025: $107.65 Million USD
Based on the latest financial reports, Kingstone Companies Inc (KINS) has net assets worth $107.65 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 ($428.59 Million) and total liabilities ($320.94 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $107.65 Million |
| % of Total Assets | 25.12% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | -28.12% |
| 10-Year Change | 47.33% |
| Growth Volatility | 85.24 |
Kingstone Companies Inc - Net Assets Trend (1995–2024)
This chart illustrates how Kingstone Companies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kingstone Companies Inc (1995–2024)
The table below shows the annual net assets of Kingstone Companies Inc from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $66.71 Million | +93.34% |
| 2023-12-31 | $34.50 Million | -4.60% |
| 2022-12-31 | $36.17 Million | -52.20% |
| 2021-12-31 | $75.67 Million | -18.46% |
| 2020-12-31 | $92.80 Million | +5.19% |
| 2019-12-31 | $88.22 Million | -0.50% |
| 2018-12-31 | $88.67 Million | -6.25% |
| 2017-12-31 | $94.58 Million | +66.86% |
| 2016-12-31 | $56.68 Million | +25.19% |
| 2015-12-31 | $45.28 Million | +11.79% |
| 2014-12-31 | $40.50 Million | +13.42% |
| 2013-12-31 | $35.71 Million | +119.32% |
| 2012-12-31 | $16.28 Million | +6.34% |
| 2011-12-31 | $15.31 Million | +18.28% |
| 2010-12-31 | $12.94 Million | +24.66% |
| 2009-12-31 | $10.38 Million | +97.50% |
| 2008-12-31 | $5.26 Million | -14.61% |
| 2007-12-31 | $6.16 Million | +2.72% |
| 2006-12-31 | $5.99 Million | +14.78% |
| 2005-12-31 | $5.22 Million | +18.84% |
| 2004-12-31 | $4.39 Million | +60.10% |
| 2003-12-31 | $2.75 Million | +109.82% |
| 2002-12-31 | $1.31 Million | +671.92% |
| 2001-12-31 | $-228.76K | -116.17% |
| 2000-12-31 | $1.41 Million | -75.19% |
| 1999-12-31 | $5.70 Million | +372.47% |
| 1998-12-31 | $1.21 Million | -8.46% |
| 1997-12-31 | $1.32 Million | -9.84% |
| 1996-12-31 | $1.46 Million | +119.02% |
| 1995-12-31 | $667.87K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kingstone Companies 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 90244600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $144.48K | 0.22% |
| Other Comprehensive Income | $-12.18 Million | -18.25% |
| Other Components | $83.49 Million | 125.16% |
| Total Equity | $66.71 Million | 100.00% |
Kingstone Companies Inc Competitors by Market Cap
The table below lists competitors of Kingstone Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bookook Sec
KO:001270
|
$176.21 Million |
|
Chlitina Holding Ltd
TW:4137
|
$176.21 Million |
|
Tourism Finance Corporation of India Limited
NSE:TFCILTD
|
$176.25 Million |
|
Beijing Dalong Weiye Real Estate Development Co Ltd
SHG:600159
|
$176.26 Million |
|
Lagardere SCA
PA:MMB
|
$176.13 Million |
|
MedinCell S.A
PINK:MDCLF
|
$176.11 Million |
|
Tonix Pharmaceuticals Holding Corp
NASDAQ:TNXP
|
$176.11 Million |
|
Bioneer Corporation
KQ:064550
|
$175.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingstone Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,504,139 to 66,708,000, a change of 32,203,861 (93.3%).
- Net income of 18,358,436 contributed positively to equity growth.
- Share repurchases of 1,310,641 reduced equity.
- New share issuances of 13,610,807 increased equity.
- Other comprehensive income increased equity by 99,563.
- Other factors increased equity by 1,445,696.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.36 Million | +27.52% |
| Share Repurchases | $1.31 Million | -1.96% |
| Share Issuances | $13.61 Million | +20.4% |
| Other Comprehensive Income | $99.56K | +0.15% |
| Other Changes | $1.45 Million | +2.17% |
| Total Change | $- | 93.33% |
Book Value vs Market Value Analysis
This analysis compares Kingstone Companies 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: 2.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.08x to 2.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1.40 | $15.46 | x |
| 1996-12-31 | $1.73 | $15.46 | x |
| 1997-12-31 | $1.18 | $15.46 | x |
| 1998-12-31 | $1.08 | $15.46 | x |
| 1999-12-31 | $2.18 | $15.46 | x |
| 2000-12-31 | $0.47 | $15.46 | x |
| 2001-12-31 | $-0.09 | $15.46 | x |
| 2002-12-31 | $0.54 | $15.46 | x |
| 2003-12-31 | $0.93 | $15.46 | x |
| 2004-12-31 | $1.36 | $15.46 | x |
| 2005-12-31 | $1.79 | $15.46 | x |
| 2006-12-31 | $1.84 | $15.46 | x |
| 2007-12-31 | $2.08 | $15.46 | x |
| 2008-12-31 | $1.77 | $15.46 | x |
| 2009-12-31 | $3.49 | $15.46 | x |
| 2010-12-31 | $3.77 | $15.46 | x |
| 2011-12-31 | $3.90 | $15.46 | x |
| 2012-12-31 | $4.21 | $15.46 | x |
| 2013-12-31 | $8.80 | $15.46 | x |
| 2014-12-31 | $5.51 | $15.46 | x |
| 2015-12-31 | $6.14 | $15.46 | x |
| 2016-12-31 | $7.26 | $15.46 | x |
| 2017-12-31 | $8.94 | $15.46 | x |
| 2018-12-31 | $8.27 | $15.46 | x |
| 2019-12-31 | $8.19 | $15.46 | x |
| 2020-12-31 | $8.65 | $15.46 | x |
| 2021-12-31 | $7.15 | $15.46 | x |
| 2022-12-31 | $3.40 | $15.46 | x |
| 2023-12-31 | $3.21 | $15.46 | x |
| 2024-12-31 | $5.37 | $15.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingstone Companies 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): 27.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.83%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 5.62x
- Recent ROE (27.52%) is above the historical average (-2.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 7.68% | 5.00% | 1.06x | 1.45x | $-15.50K |
| 1996 | -0.35% | -0.46% | 0.64x | 1.19x | $-151.32K |
| 1997 | -10.92% | -14.45% | 0.61x | 1.23x | $-275.81K |
| 1998 | -9.25% | -10.82% | 0.66x | 1.29x | $-232.24K |
| 1999 | -8.82% | -4.96% | 1.10x | 1.61x | $-960.37K |
| 2000 | -267.02% | -47.58% | 1.76x | 3.18x | $-3.86 Million |
| 2001 | 0.00% | -35.54% | 2.12x | 0.00x | $-906.68K |
| 2002 | 79.95% | 27.64% | 1.20x | 2.41x | $915.17K |
| 2003 | 46.99% | 14.85% | 0.35x | 8.97x | $1.02 Million |
| 2004 | 31.27% | 9.11% | 0.55x | 6.26x | $934.88K |
| 2005 | 9.49% | 4.12% | 0.53x | 4.31x | $-26.50K |
| 2006 | 8.48% | 7.14% | 0.28x | 4.24x | $-91.04K |
| 2007 | -0.77% | -7.31% | 0.03x | 3.78x | $-663.18K |
| 2008 | -18.59% | -227.45% | 0.05x | 1.79x | $-1.50 Million |
| 2009 | 46.43% | 57.45% | 0.16x | 5.07x | $3.78 Million |
| 2010 | 7.60% | 4.55% | 0.37x | 4.53x | $-311.25K |
| 2011 | 16.35% | 9.04% | 0.40x | 4.55x | $972.07K |
| 2012 | 4.71% | 2.64% | 0.31x | 5.74x | $-861.48K |
| 2013 | 5.64% | 5.50% | 0.31x | 3.27x | $-1.56 Million |
| 2014 | 13.16% | 10.65% | 0.37x | 3.33x | $1.28 Million |
| 2015 | 15.37% | 10.84% | 0.43x | 3.29x | $2.43 Million |
| 2016 | 15.70% | 11.49% | 0.46x | 2.99x | $3.23 Million |
| 2017 | 10.56% | 10.76% | 0.36x | 2.69x | $528.71K |
| 2018 | 3.49% | 2.72% | 0.43x | 3.01x | $-5.77 Million |
| 2019 | -6.76% | -4.11% | 0.45x | 3.64x | $-14.79 Million |
| 2020 | 1.05% | 0.74% | 0.41x | 3.42x | $-8.31 Million |
| 2021 | -9.75% | -4.58% | 0.49x | 4.38x | $-14.95 Million |
| 2022 | -62.28% | -17.31% | 0.41x | 8.86x | $-26.14 Million |
| 2023 | -17.88% | -4.28% | 0.58x | 7.16x | $-9.62 Million |
| 2024 | 27.52% | 11.83% | 0.41x | 5.62x | $11.69 Million |
Industry Comparison
This section compares Kingstone Companies 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: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kingstone Companies Inc (KINS) | $107.65 Million | 7.68% | 2.98x | $176.13 Million |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |