Tiptree Financials

TIPT Stock  USD 21.95  0.03  0.14%   
Based on the measurements of operating efficiency obtained from Tiptree's historical financial statements, Tiptree is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, Tiptree's Other Current Assets are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 3.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 292.9 M in 2024. Key indicators impacting Tiptree's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.91.0425
Fairly Down
Slightly volatile
Current Ratio2.042.1436
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Tiptree includes many different criteria found on its balance sheet. An individual investor should monitor Tiptree's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Tiptree.

Net Income

14.65 Million

  
Understanding current and past Tiptree Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Tiptree's financial statements are interrelated, with each one affecting the others. For example, an increase in Tiptree's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Tiptree's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tiptree. Check Tiptree's Beneish M Score to see the likelihood of Tiptree's management manipulating its earnings.

Tiptree Stock Summary

Tiptree competes with ICC Holdings, Employers Holdings, AMERISAFE, NMI Holdings, and Investors Title. Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. Tiptree Inc. was incorporated in 2007 and is based in New York, New York. Tiptree Fncl operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 1472 people.
Specialization
Financial Services, Insurance - Specialty
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS88822Q1031
CUSIP88822Q103 141657106
LocationNew York; U.S.A
Business Address660 Steamboat Road,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.tiptreeinc.com
Phone212 446 1400
CurrencyUSD - US Dollar

Tiptree Key Financial Ratios

Tiptree Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.2B3.0B3.6B4.0B3.4B2.7B
Other Current Liab(94.6M)(399.2M)(534.9M)2.1B2.7B2.8B
Other Liab155.5M440.0M841.4M789.3M907.7M653.5M
Net Debt241.3M229.3M283.8M(218.1M)(17.6M)(16.7M)
Retained Earnings70.2M35.4M68.1M54.1M60.7M63.7M
Accounts Payable143.9M224.7M446.6M347.8M580.3M609.3M
Cash133.1M136.9M175.7M538.1M468.7M492.1M
Other Assets229.3M521.7M404.6M2.1B(1.4B)(1.3B)
Long Term Debt374.5M366.2M393.3M259.4M202.5M287.9M
Net Receivables826.8M1.1B1.4B1.7B1.6B1.7B
Other Current Assets441.8M594.8M710.4M18.5M2.5B2.6B
Total Liab1.8B2.6B3.2B3.5B2.9B2.3B
Total Current Assets1.3B1.6B2.1B1.7B3.0B3.1B
Common Stock36K35K33K34K37K33.6K
Short Term Debt114.8M147.8M158.5M60.6M41.9M39.8M
Intangible Assets48.0M138.2M152.6M117.0M159.6M151.6M
Good Will99.1M179.2M179.1M186.6M206.2M216.5M
Inventory(441.8M)(594.8M)(710.4M)(2.3B)(2.9B)(2.8B)
Net Tangible Assets264.3M56.1M81.1M(42.5M)(38.2M)(36.3M)

Tiptree Key Income Statement Accounts

The reason investors look at the income statement is to determine what Tiptree's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense27.1M32.6M37.7M30.2M27.7M20.3M
Total Revenue772.7M810.3M1.2B1.4B1.6B1.7B
Gross Profit643.2M637.6M995.1M1.2B1.5B1.5B
Operating Income(32.5M)(94.7M)13.1M50.2M1.1B1.1B
Ebit(32.5M)(6.3M)103.0M54.2M110.7M116.3M
Ebitda(18.9M)11.3M127.5M77.2M134.2M140.9M
Cost Of Revenue129.5M172.7M207.3M182.7M179.1M107.4M
Net Income18.4M(25.2M)38.1M3.6M14.0M14.6M
Income Tax Expense9.0M(13.6M)21.3M50.5M43.1M45.2M
Income Before Tax29.1M(38.9M)65.3M54.0M83.1M87.2M
Non Recurring(27.1M)(32.6M)37.7M30.2M34.8M36.5M
Minority Interest1.8M17.4M5.9M11.8M(26.0M)(24.7M)
Tax Provision9.0M(13.6M)21.3M50.5M43.1M45.2M
Net Interest Income(39.3M)(47.2M)(55.1M)(47.8M)(39.9M)(41.9M)
Interest Income32.3M22.4M28.3M24.2M52.4M28.7M

Tiptree Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.9B)(3.0B)(3.7B)240.1M216.1M226.9M
Change In Cash45.2M43.5M(5.1M)346.4M(58.3M)(55.4M)
Free Cash Flow15.2M133.5M201.6M452.3M57.4M57.2M
Depreciation13.6M17.6M24.4M23.0M23.5M16.1M
Other Non Cash Items2.0B3.1B3.8B2.3B1.3M1.2M
Dividends Paid5.5M5.6M5.4M7.8M13.7M14.4M
Capital Expenditures8.5M6.7M2.8M10.7M14.0M12.6M
Net Income20.1M(25.2M)44.1M3.6M13.9M8.9M
End Period Cash Flow144.6M195.3M195.1M550.8M492.6M517.2M
Investments(25.4M)(115.0M)(279.9M)34.5M(244.7M)(232.4M)
Net Borrowings55.0M53.3M90.8M(302.2M)(271.9M)(258.3M)
Change To Netincome(74.5M)56.0M(69.9M)260.2M299.2M314.1M
Change Receivables(152.6M)(165.4M)(207.2M)(308.5M)(277.6M)(263.8M)

Tiptree Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tiptree's current stock value. Our valuation model uses many indicators to compare Tiptree value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tiptree competition to find correlations between indicators driving Tiptree's intrinsic value. More Info.
Tiptree is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.17  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tiptree is roughly  5.94 . At this time, Tiptree's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tiptree by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Tiptree Systematic Risk

Tiptree's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tiptree volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Tiptree correlated with the market. If Beta is less than 0 Tiptree generally moves in the opposite direction as compared to the market. If Tiptree Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tiptree is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tiptree is generally in the same direction as the market. If Beta > 1 Tiptree moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Tiptree Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tiptree's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tiptree growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.22

At this time, Tiptree's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Tiptree November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tiptree help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tiptree. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tiptree based on widely used predictive technical indicators. In general, we focus on analyzing Tiptree Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tiptree's daily price indicators and compare them against related drivers.

Additional Tools for Tiptree Stock Analysis

When running Tiptree's price analysis, check to measure Tiptree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tiptree is operating at the current time. Most of Tiptree's value examination focuses on studying past and present price action to predict the probability of Tiptree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tiptree's price. Additionally, you may evaluate how the addition of Tiptree to your portfolios can decrease your overall portfolio volatility.