Kingsway Financial Services Inc (KFS) - Total Assets
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. See KFS total equity for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see KFS market cap.
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 |
|---|---|---|
|
Eagers Automotive Ltd
AU:APE
|
Australia | AU$6.17 Billion |
|
Autosports Group Ltd
AU:ASG
|
Australia | AU$1.89 Billion |
|
AMA Group Ltd
AU:AMA
|
Australia | AU$882.64 Million |
|
Peter Warren Automotive Holdings Ltd
AU:PWR
|
Australia | AU$1.44 Billion |
|
Motorcycle Holdings Ltd
AU:MTO
|
Australia | AU$447.81 Million |
|
D'Ieteren Group SA
BR:DIE
|
Belgium | €6.57 Billion |
|
Boyd Group Services Inc.
TO:BYD
|
Canada | CA$2.61 Billion |
|
Autocanada Inc
TO:ACQ
|
Canada | CA$2.72 Billion |
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 | 1.63 |
| Asset Growth Rate (YoY) | -5.6% |
| Total Assets | $186.62 Million |
| Market Capitalization | $303.87 Million USD |
Valuation Analysis
Above Book Valuation: The market values Kingsway Financial Services Inc's assets above their book value (1.63x), reflecting positive investor sentiment about the company's future prospects.
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 | -- |
About 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