Slide Insurance Holdings, Inc. Common Stock (SLDE) - Net Assets
Based on the latest financial reports, Slide Insurance Holdings, Inc. Common Stock (SLDE) has net assets worth $964.22 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 ($2.69 Billion) and total liabilities ($1.72 Billion). 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 total assets of Slide Insurance Holdings, Inc. Common St for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $964.22 Million |
| % of Total Assets | 35.89% |
| Annual Growth Rate | 78.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.38 |
Slide Insurance Holdings, Inc. Common Stock - Net Assets Trend (2022–2024)
This chart illustrates how Slide Insurance Holdings, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Read SLDE total liabilities for a breakdown of total debt and financial obligations.
Annual Net Assets for Slide Insurance Holdings, Inc. Common Stock (2022–2024)
The table below shows the annual net assets of Slide Insurance Holdings, Inc. Common Stock from 2022 to 2024. For live valuation and market cap data, see Slide Insurance Holdings, Inc. Common St (SLDE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $433.16 Million | +82.31% |
| 2023-12-31 | $237.60 Million | +75.55% |
| 2022-12-31 | $135.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Slide Insurance Holdings, Inc. Common Stock'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 grown by 1394.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $309.19 Million | 71.38% |
| Common Stock | $102.00K | 0.02% |
| Other Comprehensive Income | $285.00K | 0.07% |
| Other Components | $123.58 Million | 28.53% |
| Total Equity | $433.16 Million | 100.00% |
Slide Insurance Holdings, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Slide Insurance Holdings, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elite Advanced Laser Corp
TW:3450
|
$2.30 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.30 Billion |
|
SOC.BIC UNS.ADR1/2/EO382
F:BIF0
|
$2.30 Billion |
|
Zhejiang Daily Media Group Co Ltd
SHG:600633
|
$2.30 Billion |
|
CA Immobilien Anlagen AG
VI:CAI
|
$2.30 Billion |
|
Bavarian Nordic
CO:BAVA
|
$2.30 Billion |
|
Energisa S.A
SA:ENGI3
|
$2.30 Billion |
|
ePlus inc
NASDAQ:PLUS
|
$2.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Slide Insurance Holdings, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 237,598,000 to 433,159,000, a change of 195,561,000 (82.3%).
- Net income of 201,125,000 contributed positively to equity growth.
- Share repurchases of 540,000 reduced equity.
- New share issuances of 1,000 increased equity.
- Other comprehensive income decreased equity by 2,307,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $201.12 Million | +46.43% |
| Share Repurchases | $540.00K | -0.12% |
| Share Issuances | $1.00K | +0.0% |
| Other Comprehensive Income | $-2.31 Million | -0.53% |
| Other Changes | $-2.72 Million | -0.63% |
| Total Change | $- | 82.31% |
Book Value vs Market Value Analysis
This analysis compares Slide Insurance Holdings, Inc. Common Stock'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: 5.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.91x to 5.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $6.43 | $18.69 | x |
| 2023-12-31 | $1.90 | $18.69 | x |
| 2024-12-31 | $3.47 | $18.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Slide Insurance Holdings, Inc. Common Stock 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): 46.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.75%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 4.46x
- Recent ROE (46.43%) is above the historical average (33.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 16.48% | 9.20% | 0.34x | 5.21x | $8.76 Million |
| 2023 | 36.77% | 18.65% | 0.44x | 4.53x | $63.61 Million |
| 2024 | 46.43% | 23.75% | 0.44x | 4.46x | $157.81 Million |
Industry Comparison
This section compares Slide Insurance Holdings, Inc. Common Stock's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $8,848,879,000
- Average return on equity (ROE) among peers: 11.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Slide Insurance Holdings, Inc. Common Stock (SLDE) | $964.22 Million | 16.48% | 1.79x | $2.30 Billion |
| American Coastal Insurance Corp (ACIC) | $540.37 Million | 0.05% | 3.30x | $509.05 Million |
| American Financial Group, Inc. (AFG) | $1.66 Billion | 5.89% | 1.13x | $10.96 Billion |
| Aspen Insurance Holdings Limited (AHL) | $3.49 Billion | 8.04% | 1.96x | $119.39 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $327.01 Million |
| Assurant Inc (AIZ) | $5.19 Billion | 9.33% | 4.58x | $10.94 Billion |
| The Allstate Corporation (ALL) | $21.85 Billion | 21.22% | 6.16x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $614.86 Million | 12.04% | 1.40x | $944.80 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $449.27 Million | 11.97% | 4.28x | $885.97 Million |
| Chubb Ltd (CB) | $48.27 Billion | 8.57% | 2.31x | $124.22 Billion |
| Cincinnati Financial Corporation (CINF) | $6.09 Billion | 9.89% | 1.63x | $24.98 Billion |
About Slide Insurance Holdings, Inc. Common Stock
Slide Insurance Holdings, Inc. engages in underwriting single family and condominium policies in the property and casualty industry in the United States. It writes coastal specialty personal lines insurance, including homeowners, condominium unit owners, commercial residential, and other products, as well as reinsurance products. The company was incorporated in 2021 and is headquartered in Tampa,… Read more