Tiptree Inc. (TIPT)

Tiptree Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	1,182	1,135	888.61	677.16	634.77	499.26
Investments in Equity & Preferred Securities	135.16	108.62	68.31	85.78	138.48	123.84
Other Investments	23.07	22.48	21.1	3.58	23.77	3.02
Total Investments	1,344	1,269	981.84	770.17	804.54	635.32
Cash & Equivalents	342.28	320.07	468.71	538.07	175.72	136.92
Reinsurance Recoverable	1,121	992.88	953.89	450.62	880.84	728.01
Other Receivables	902.87	908.4	735.55	572.47	518.02	468.35
Deferred Policy Acquisition Cost	554.39	565.87	565.75	498.93	379.37	229.43
Property, Plant & Equipment	55.85	55.14	61.09	53.33	38.75	43.09
Goodwill	206.5	206.71	206.16	186.61	179.1	179.24
Other Intangible Assets	100.23	102.86	118.76	116.89	122.58	137.95
Restricted Cash	85.68	96.2	23.85	12.78	19.37	58.36
Other Current Assets	980.37	1,060	913.67	744.61	262.01	192.19
Other Long-Term Assets	45.7	47.24	51.71	44.57	120.37	103.97
Total Assets	5,819	5,695	5,139	4,040	3,599	2,996
Accounts Payable	76.96	83.29	114.57	119.39	149.82	106.14
Accrued Expenses	20.08	9.76	53.78	42.78	20.41	63.73
Unpaid Claims	1,422	1,298	844.85	567.19	331.7	233.44
Unearned Premiums	1,732	1,766	1,695	1,357	1,124	860.69
Reinsurance Payable	361.71	443.08	543.6	305.1	265.57	224.66
Current Portion of Leases	-	10.24	-	-	-	-
Short-Term Debt	58.46	56.28	32.18	32.14	36.73	70.59
Long-Term Debt	495.27	427.09	402.41	259.37	393.35	366.25
Long-Term Leases	37.09	26.35	40.4	38.03	29.4	32.91
Long-Term Deferred Tax Liabilities	181.32	170.8	139.85	90.39	40.05	24.18
Other Current Liabilities	13.59	11.13	4.5	29.78	245.38	223.84
Other Long-Term Liabilities	59.38	40.08	18.46	15.24	27.75	16.58
Total Liabilities	5,136	5,038	4,563	3,506	3,199	2,622
Common Stock	0.04	0.04	0.04	0.04	0.03	0.03
Additional Paid-In Capital	394.15	389.69	382.24	382.65	317.46	315.01
Retained Earnings	99.09	95.72	60.66	54.11	68.15	35.42
Comprehensive Income & Other	-19.56	-27.75	-26.07	-39.43	-2.69	5.67
Total Common Equity	473.72	457.7	416.87	397.37	382.95	356.14
Minority Interest	209.74	199.07	159.7	136.21	17.23	17.39
Shareholders' Equity	683.46	656.77	576.57	533.57	400.18	373.54
Total Liabilities & Equity	5,819	5,695	5,139	4,040	3,599	2,996
Filing Date Shares Outstanding	37.5	37.26	36.76	36.73	34.39	32.54
Total Common Shares Outstanding	37.49	37.26	36.76	36.39	34.12	32.68
Total Debt	590.82	519.96	475	329.53	459.48	469.75
Net Cash (Debt)	-248.53	-199.89	-6.29	208.53	-283.76	-332.83
Net Cash Per Share	-6.52	-5.27	-0.17	5.87	-8.42	-9.83
Book Value Per Share	12.63	12.29	11.34	10.92	11.22	10.90
Tangible Book Value	166.99	148.13	91.95	93.87	81.27	38.96
Tangible Book Value Per Share	4.45	3.98	2.50	2.58	2.38	1.19

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q