Citizens Inc Net Assets
Citizens Inc net assets. Based on the latest financial reports, Citizens Inc (CIA) has net assets worth $238.67 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.74 Billion) and total liabilities ($1.50 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 CIA shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $238.67 Million |
| % of Total Assets | 13.72% |
| Annual Growth Rate | 14.9% |
| 5-Year Change | -26.7% |
| 10-Year Change | -5.67% |
| Growth Volatility | 51.11 |
Net Assets of Citizens Inc (1987–2025)
Net assets of Citizens Inc from 1987 to 2025. This chart illustrates how Citizens Inc's net assets have evolved over time, based on quarterly financial data. See CIA net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Citizens Inc (1987–2025)
The table below shows the annual net assets of Citizens Inc from 1987 to 2025. For live market cap and overall valuation, see how much is Citizens Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $234.99 Million | +11.71% |
| 2024-12-31 | $210.35 Million | +22.21% |
| 2023-12-31 | $172.13 Million | +34.70% |
| 2022-12-31 | $127.79 Million | -60.14% |
| 2021-12-31 | $320.57 Million | +6.52% |
| 2020-12-31 | $300.94 Million | +15.82% |
| 2019-12-31 | $259.84 Million | +38.41% |
| 2018-12-31 | $187.73 Million | -16.01% |
| 2017-12-31 | $223.51 Million | -10.27% |
| 2016-12-31 | $249.10 Million | +2.71% |
| 2015-12-31 | $242.52 Million | -6.13% |
| 2014-12-31 | $258.36 Million | +5.11% |
| 2013-12-31 | $245.81 Million | -6.57% |
| 2012-12-31 | $263.11 Million | +2.90% |
| 2011-12-31 | $255.69 Million | +12.32% |
| 2010-12-31 | $227.63 Million | +5.35% |
| 2009-12-31 | $216.07 Million | +25.96% |
| 2008-12-31 | $171.54 Million | -2.62% |
| 2007-12-31 | $176.16 Million | +26.18% |
| 2006-12-31 | $139.61 Million | +1.93% |
| 2005-12-31 | $136.96 Million | +1.36% |
| 2004-12-31 | $135.13 Million | +6.38% |
| 2003-12-31 | $127.03 Million | +24.79% |
| 2002-12-31 | $101.79 Million | +23.05% |
| 2001-12-31 | $82.72 Million | +7.00% |
| 2000-12-31 | $77.31 Million | +6.98% |
| 1999-12-31 | $72.27 Million | -3.52% |
| 1998-12-31 | $74.90 Million | -5.88% |
| 1997-12-31 | $79.58 Million | +18.99% |
| 1996-12-31 | $66.88 Million | +90.55% |
| 1995-12-31 | $35.10 Million | 0.00% |
| 1994-12-31 | $35.10 Million | +24.03% |
| 1993-12-31 | $28.30 Million | +24.12% |
| 1992-12-31 | $22.80 Million | +74.05% |
| 1991-12-31 | $13.10 Million | +63.75% |
| 1990-12-31 | $8.00 Million | +23.08% |
| 1989-12-31 | $6.50 Million | +38.30% |
| 1988-12-31 | $4.70 Million | +291.67% |
| 1987-12-31 | $1.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Citizens 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 grown by 7195300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Citizens Inc Net Assets Breakdown (December 2025)
Citizens Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $71.65 Million | 30.49% |
| Common Stock | $275.48 Million | 117.23% |
| Other Comprehensive Income | $-88.42 Million | -37.63% |
| Total Equity | $234.99 Million | 100.00% |
Citizens Inc Competitors by Market Cap
The table below lists competitors of Citizens Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verb Technology Company Inc
NASDAQ:VERB
|
$192.51 Million |
|
Rhom Bho Property Public Company Limited
BK:TITLE
|
$192.57 Million |
|
Berjaya Assets Bhd
KLSE:3239
|
$192.69 Million |
|
Vietnam Container Shipping JSC
VN:VSC
|
$192.73 Million |
|
Kolibri Global Energy Inc. Common stock
NASDAQ:KGEI
|
$192.41 Million |
|
SWK Holdings Corp
NASDAQ:SWKH
|
$192.32 Million |
|
Ramada Investimentos e Industria S.A
LS:RAM
|
$192.31 Million |
|
Tornado Global Hydrovacs Ltd
V:TGH
|
$192.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Citizens Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 210,355,000 to 234,985,000, a change of 24,630,000 (11.7%).
- Net income of 14,591,000 contributed positively to equity growth.
- Share repurchases of 278,000 reduced equity.
- Other comprehensive income increased equity by 7,544,000.
- Other factors increased equity by 2,773,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.59 Million | +6.21% |
| Share Repurchases | $278.00K | -0.12% |
| Other Comprehensive Income | $7.54 Million | +3.21% |
| Other Changes | $2.77 Million | +1.18% |
| Total Change | $- | 11.71% |
Book Value vs Market Value Analysis
This analysis compares Citizens 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: 0.89x
- 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 decreased from 82.85x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $0.05 | $4.12 | x |
| 1988-12-31 | $0.19 | $4.12 | x |
| 1989-12-31 | $0.23 | $4.12 | x |
| 1990-12-31 | $0.38 | $4.12 | x |
| 1991-12-31 | $0.57 | $4.12 | x |
| 1992-12-31 | $0.87 | $4.12 | x |
| 1993-12-31 | $1.08 | $4.12 | x |
| 1994-12-31 | $1.37 | $4.12 | x |
| 1995-12-31 | $1.30 | $4.12 | x |
| 1996-12-31 | $2.31 | $4.12 | x |
| 1997-12-31 | $2.36 | $4.12 | x |
| 1998-12-31 | $2.17 | $4.12 | x |
| 1999-12-31 | $2.02 | $4.12 | x |
| 2000-12-31 | $2.14 | $4.12 | x |
| 2001-12-31 | $2.39 | $4.12 | x |
| 2002-12-31 | $2.87 | $4.12 | x |
| 2003-12-31 | $3.22 | $4.12 | x |
| 2004-12-31 | $3.30 | $4.12 | x |
| 2005-12-31 | $3.33 | $4.12 | x |
| 2006-12-31 | $3.23 | $4.12 | x |
| 2007-12-31 | $4.24 | $4.12 | x |
| 2008-12-31 | $3.94 | $4.12 | x |
| 2009-12-31 | $4.45 | $4.12 | x |
| 2010-12-31 | $4.58 | $4.12 | x |
| 2011-12-31 | $5.13 | $4.12 | x |
| 2012-12-31 | $5.26 | $4.12 | x |
| 2013-12-31 | $4.91 | $4.12 | x |
| 2014-12-31 | $5.16 | $4.12 | x |
| 2015-12-31 | $4.84 | $4.12 | x |
| 2016-12-31 | $4.97 | $4.12 | x |
| 2017-12-31 | $4.46 | $4.12 | x |
| 2018-12-31 | $3.74 | $4.12 | x |
| 2019-12-31 | $5.23 | $4.12 | x |
| 2020-12-31 | $6.09 | $4.12 | x |
| 2021-12-31 | $6.35 | $4.12 | x |
| 2022-12-31 | $2.51 | $4.12 | x |
| 2023-12-31 | $3.40 | $4.12 | x |
| 2024-12-31 | $4.15 | $4.12 | x |
| 2025-12-31 | $4.61 | $4.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Citizens 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): 6.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.71%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 7.47x
- Recent ROE (6.21%) is above the historical average (5.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 8.33% | 10.00% | 0.17x | 4.92x | $-20.00K |
| 1988 | -14.89% | -5.60% | 0.28x | 9.57x | $-1.17 Million |
| 1989 | -6.15% | -2.30% | 0.32x | 8.37x | $-1.05 Million |
| 1990 | 18.75% | 7.28% | 0.33x | 7.71x | $700.00K |
| 1991 | 35.11% | 16.49% | 0.37x | 5.83x | $3.29 Million |
| 1992 | 17.54% | 11.53% | 0.31x | 4.93x | $1.72 Million |
| 1993 | 19.53% | 12.92% | 0.32x | 4.74x | $2.70 Million |
| 1994 | 11.97% | 8.52% | 0.33x | 4.27x | $690.00K |
| 1995 | 11.89% | 8.48% | 0.33x | 4.27x | $665.00K |
| 1996 | 3.29% | 3.44% | 0.30x | 3.21x | $-4.49 Million |
| 1997 | 4.30% | 5.27% | 0.26x | 3.14x | $-4.53 Million |
| 1998 | -8.97% | -9.25% | 0.29x | 3.38x | $-14.21 Million |
| 1999 | 1.76% | 1.77% | 0.28x | 3.54x | $-5.96 Million |
| 2000 | 2.66% | 3.08% | 0.25x | 3.46x | $-5.68 Million |
| 2001 | 4.79% | 5.86% | 0.24x | 3.41x | $-4.31 Million |
| 2002 | 4.18% | 5.13% | 0.25x | 3.21x | $-5.93 Million |
| 2003 | 2.46% | 3.40% | 0.24x | 3.07x | $-9.58 Million |
| 2004 | 5.72% | 7.74% | 0.15x | 4.89x | $-5.78 Million |
| 2005 | 5.33% | 5.14% | 0.21x | 4.83x | $-6.39 Million |
| 2006 | 6.22% | 5.49% | 0.22x | 5.09x | $-5.28 Million |
| 2007 | 9.40% | 9.76% | 0.22x | 4.47x | $-1.06 Million |
| 2008 | -9.16% | -10.71% | 0.18x | 4.85x | $-32.86 Million |
| 2009 | 8.02% | 9.18% | 0.20x | 4.29x | $-4.27 Million |
| 2010 | 6.46% | 7.73% | 0.19x | 4.33x | $-8.06 Million |
| 2011 | 3.32% | 4.37% | 0.18x | 4.27x | $-17.09 Million |
| 2012 | 1.72% | 2.23% | 0.17x | 4.47x | $-21.78 Million |
| 2013 | 1.95% | 2.24% | 0.18x | 4.95x | $-19.79 Million |
| 2014 | -2.31% | -2.59% | 0.16x | 5.49x | $-31.81 Million |
| 2015 | -1.30% | -1.33% | 0.16x | 6.12x | $-27.39 Million |
| 2016 | 0.79% | 0.80% | 0.15x | 6.36x | $-22.94 Million |
| 2017 | -17.06% | -15.09% | 0.15x | 7.36x | $-60.48 Million |
| 2018 | -5.89% | -4.53% | 0.15x | 8.61x | $-29.84 Million |
| 2019 | -0.53% | -0.55% | 0.14x | 6.72x | $-27.35 Million |
| 2020 | -3.65% | -4.60% | 0.13x | 6.13x | $-41.08 Million |
| 2021 | 22.68% | 29.02% | 0.14x | 5.79x | $40.65 Million |
| 2022 | 20.35% | 11.18% | 0.15x | 12.45x | $13.23 Million |
| 2023 | 14.20% | 10.15% | 0.14x | 9.70x | $7.22 Million |
| 2024 | 7.09% | 6.09% | 0.15x | 8.01x | $-6.12 Million |
| 2025 | 6.21% | 5.71% | 0.15x | 7.47x | $-8.91 Million |
Industry Comparison
This section compares Citizens Inc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $5,742,506,494
- Average return on equity (ROE) among peers: 14.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Citizens Inc (CIA) | $238.67 Million | 8.33% | 6.29x | $192.44 Million |
| Atlantic American Corporation (AAME) | $112.98 Million | 4.01% | 2.04x | $23.46 Million |
| Abacus Life Inc. (ABL) | $164.07 Million | 5.80% | 1.02x | $827.97 Million |
| Abacus Global Management, Inc. (ABX) | $423.29 Million | -5.66% | 1.07x | $89.28K |
| Abacus Global Management, Inc. (ABX) | $28.15 Million | 112.55% | 1.10x | $834.17 Million |
| Aflac Incorporated (AFL) | $6.64 Billion | 18.89% | 10.95x | $58.84 Billion |
| Brighthouse Financial Inc (BHF) | $5.01 Billion | -22.20% | 46.19x | $2.35 Billion |
| CNO Financial Group Inc (CNO) | $32.20 Billion | 1.77% | 0.12x | $5.10 Billion |
| F&G Annuities & Life Inc. (FG) | $4.92 Billion | 5.39% | 19.02x | $2.52 Billion |
| Globe Life Inc (GL) | $2.19 Billion | 12.53% | 4.55x | $12.24 Billion |
About Citizens Inc
Citizens, Inc., is a diversified financial services company providing life, living benefits and final expense insurance and other financial products to individuals and small businesses in the U.S., Latin America, and Asia. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment sells U.S. dollar-denominated whole life insurance, endowment, and c… Read more