Hagerty Inc
Hagerty, Inc. provides insurance services for collector cars and enthusiast vehicles in the United States. The company engages in the underwriting, selling, and servicing collector car and enthusiast vehicle insurance policies. It also provides Hagerty Drivers Club memberships, which are primarily bundled with insurance policies and give subscribers access to an array of products and services, su… Read more
Hagerty Inc (HGTY) - Total Assets
Latest total assets as of September 2025: $2.15 Billion USD
Based on the latest financial reports, Hagerty Inc (HGTY) holds total assets worth $2.15 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Hagerty Inc - Total Assets Trend (2019–2024)
This chart illustrates how Hagerty Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hagerty Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Hagerty Inc's total assets of $2.15 Billion consist of 50.2% current assets and 49.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $315.91 Million | 18.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $90.11 Million | 5.3% |
| Goodwill | $114.12 Million | 6.7% |
Asset Composition Trend (2019–2024)
This chart illustrates how Hagerty Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hagerty Inc's current assets represent 50.2% of total assets in 2024, a decrease from 87.6% in 2019.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, up from 4.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 3.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 18.5% of total assets.
Hagerty Inc Competitors by Total Assets
Key competitors of Hagerty Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Hagerty Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Hagerty Inc generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Hagerty Inc generates $ 1.00 in net profit.
Hagerty Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.01 | 1.33 |
| Quick Ratio | 1.00 | 1.01 | 1.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.83 Million | $ 7.85 Million | $ 128.61 Million |
Hagerty Inc - Advanced Valuation Insights
This section examines the relationship between Hagerty Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.73 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 7.6% |
| Total Assets | $1.71 Billion |
| Market Capitalization | $486.52 Million USD |
Valuation Analysis
Below Book Valuation: The market values Hagerty Inc's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Hagerty Inc's assets grew by 7.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hagerty Inc (2019–2024)
The table below shows the annual total assets of Hagerty Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.71 Billion | +7.63% |
| 2023-12-31 | $1.59 Billion | +21.00% |
| 2022-12-31 | $1.31 Billion | +25.98% |
| 2021-12-31 | $1.04 Billion | +70.60% |
| 2020-12-31 | $610.71 Million | +37.77% |
| 2019-12-31 | $443.28 Million | -- |