Kingsway Financial Services Inc
Kingsway Financial Services Inc. through its subsidiaries, engages in the extended warranty and business services in the United States. It operates through two segments: Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment als… Read more
Kingsway Financial Services Inc (KFS) - Total Assets
Latest total assets as of September 2025: $235.13 Million USD
Based on the latest financial reports, Kingsway Financial Services Inc (KFS) holds total assets worth $235.13 Million 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.
Kingsway Financial Services Inc - Total Assets Trend (1995–2024)
This chart illustrates how Kingsway Financial Services Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kingsway Financial Services Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Kingsway Financial Services Inc's total assets of $235.13 Million consist of 8.0% current assets and 92.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $5.49 Million | 2.9% |
| Accounts Receivable | $10.94 Million | 5.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $3.96 Million | 2.1% |
| Intangible Assets | $40.05 Million | 21.5% |
| Goodwill | $56.52 Million | 30.3% |
Asset Composition Trend (1995–2024)
This chart illustrates how Kingsway Financial Services 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: Kingsway Financial Services Inc's current assets represent 8.0% of total assets in 2024, a decrease from 14.7% in 1995.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2024, up from 0.0% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 0.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 30.3% of total assets.
Kingsway Financial Services Inc Competitors by Total Assets
Key competitors of Kingsway Financial Services Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prestige Cars International Inc
PINK:PREC
|
USA | $788.54K |
|
Fujian Zhangzhou Development Co Ltd
SHE:000753
|
China | CN¥12.42 Billion |
|
Deutsch Motors Inc
KQ:067990
|
Korea | ₩1.68 Trillion |
|
CarGurus Inc
F:0C6
|
Germany | €660.47 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
Germany | €25.97 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
Taiwan | NT$512.01 Billion |
|
Pan German Universal Motors Ltd.
TW:2247
|
Taiwan | NT$21.81 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.44 Billion |
Kingsway Financial Services 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 - Kingsway Financial Services Inc generates 0.60x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kingsway Financial Services Inc is currently not profitable relative to its asset base.
Kingsway Financial Services 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 | 319.32 | 29.96 | 8.61 |
| Quick Ratio | 319.32 | 29.96 | 8.61 |
| Cash Ratio | 123.88 | 11.71 | 0.00 |
| Working Capital | $23.87 Million | $ 16.10 Million | $ 21.43 Million |
Kingsway Financial Services Inc - Advanced Valuation Insights
This section examines the relationship between Kingsway Financial Services 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 | 22.79 |
| Latest Market Cap to Assets Ratio | 0.93 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | $186.62 Million |
| Market Capitalization | $174.17 Million USD |
Valuation Analysis
Near Book Valuation: The market values Kingsway Financial Services Inc's assets close to their book value ( 0.93x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Kingsway Financial Services Inc's assets decreased by 5.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Kingsway Financial Services Inc (1995–2024)
The table below shows the annual total assets of Kingsway Financial Services Inc from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $186.62 Million | -5.61% |
| 2023-12-31 | $197.72 Million | -30.78% |
| 2022-12-31 | $285.65 Million | -39.94% |
| 2021-12-31 | $475.63 Million | +5.12% |
| 2020-12-31 | $452.47 Million | +26.62% |
| 2019-12-31 | $357.34 Million | -5.53% |
| 2018-12-31 | $378.24 Million | -21.95% |
| 2017-12-31 | $484.60 Million | -3.28% |
| 2016-12-31 | $501.02 Million | +107.87% |
| 2015-12-31 | $241.02 Million | -20.12% |
| 2014-12-31 | $301.72 Million | -7.06% |
| 2013-12-31 | $324.64 Million | -12.92% |
| 2012-12-31 | $372.80 Million | -0.34% |
| 2011-12-31 | $374.08 Million | -28.00% |
| 2010-12-31 | $519.58 Million | -73.45% |
| 2009-12-31 | $1.96 Billion | -41.46% |
| 2008-12-31 | $3.34 Billion | -28.21% |
| 2007-12-31 | $4.66 Billion | +15.04% |
| 2006-12-31 | $4.05 Billion | +6.67% |
| 2005-12-31 | $3.80 Billion | +7.85% |
| 2004-12-31 | $3.52 Billion | +25.70% |
| 2003-12-31 | $2.80 Billion | +47.68% |
| 2002-12-31 | $1.90 Billion | +69.67% |
| 2001-12-31 | $1.12 Billion | +42.74% |
| 2000-12-31 | $782.77 Million | +6.01% |
| 1999-12-31 | $738.43 Million | +11.98% |
| 1998-12-31 | $659.40 Million | +84.59% |
| 1997-12-31 | $357.23 Million | +97.27% |
| 1996-12-31 | $181.08 Million | +181.28% |
| 1995-12-31 | $64.38 Million | -- |