Kingsway Corporation Financial Ratios — KWY Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	-15.01	-55.26	-73.32	-35.98	1.8	0.49	-34.8	-114.15	-103.55	- -	- -	- -	108.28	-52.33	-101.07
Return on Assets (%)	-4.5	-13.95	-10.57	-4.09	0.41	0.22	-3.11	-6.8	-1.51	-1.58	-0.07	6.49	9.75	-4.82	-5.13
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	34.93	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-12.95	-31.48	-25.2	-10.08	-7.13	-5.92	-26.93	-40.66	-4.95	-10.16	-8.14	30.48	21.97	-7.34	-10.24
Profit Margin (%)	-9.94	-32.62	-21.41	-8.13	0.7	0.45	-33.77	-55.76	-9.31	-10.45	-0.42	21.56	21.88	-8.24	-7.85
Net Income to Common Margin (%)	-9.94	-32.62	-21.41	-8.32	0.45	0.13	-36.46	-56.91	-10.92	-12.11	-1.03	21.29	21.82	-8.4	-8.72
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.8	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	2.24	3.38	35.78	-17.8	2.94	46	20.58	49.11	-1.52	-0.29	2.27	1.48
Sustainable Growth Rate (%)	-15.01	-55.26	-73.32	-35.17	1.73	0.31	-40.99	-110.79	-55.91	- -	- -	- -	108.58	-51.14	-99.57

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	47	48	43	41	40	234	261	253	262	272	97	103	46	60	78
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	47	48	43	41	40	234	261	253	262	272	97	103	46	60	78
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	-0.18	- -	- -	- -	-0.04	-0.09	- -	- -	-0.01	-0.02	-0.13	- -	-0.03	-0.15	-0.3
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	7	- -	- -	6	5	7	13	14	15	14	6	8	6	5	5
Common Equity/Total Assets	33	17.45	10.93	12.42	17.41	11.18	8.16	3.29	0.22	-0.44	-1.2	5.49	14.01	4.51	6.55
Long-Term Debt/Equity (%)	40.54	72.62	116	84.36	79.64	369.41	466.26	842.56	1,261.53	1,454.76	654.6	467.02	185.34	329.03	226.71
Long-Term Debt/Capital (%)	28.84	42.07	53.7	45.76	44.33	78.7	82.34	89.39	92.66	93.57	86.75	82.36	64.95	76.69	69.39
Long-Term Debt/Total Assets (%)	12.61	12.74	13.19	13.48	16.55	46.64	51.45	66.96	65.58	60	20.31	36.17	23.07	32.27	33.7
Total Debt/Equity (%)	40.54	72.62	116	84.36	79.64	369.41	466.26	842.56	1,261.53	1,454.76	654.6	467.02	185.34	329.03	226.71
Total Debt/Capital (%)	28.84	42.07	53.7	45.76	44.33	78.7	82.34	89.39	92.66	93.57	86.75	82.36	64.95	76.69	69.39
Total Debt/Total Assets (%)	12.61	12.74	13.19	13.48	16.55	46.64	51.45	66.96	65.58	60	20.31	36.17	23.07	32.27	33.7
Net Debt to Equity	-32.9	-50.92	-151.03	-63.44	-23.56	311.75	456.64	793.92	1,179.66	1,360.52	569.45	171.44	143.5	284.36	181.35
Net Debt/Capital (%)	-49.03	-103.75	295.95	-173.51	-30.82	75.71	82.04	88.81	90.98	92.07	82.98	61.9	57.78	71.27	59.94
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	-1	- -	-1	- -	- -	-1	- -	- -	- -	- -	-1	- -	- -	-1	-2
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	33	17.45	10.93	12.42	17.41	11.18	8.16	3.29	0.22	-0.44	-1.2	5.49	14.01	4.51	6.55
Long-Term Debt/Equity (%)	40.54	72.62	116	84.36	79.64	369.41	466.26	842.56	1,261.53	1,454.76	654.6	467.02	185.34	329.03	226.71
Long-Term Debt/Capital (%)	28.84	42.07	53.7	45.76	44.33	78.7	82.34	89.39	92.66	93.57	86.75	82.36	64.95	76.69	69.39
Long-Term Debt/Total Assets (%)	12.61	12.74	13.19	13.48	16.55	46.64	51.45	66.96	65.58	60	20.31	36.17	23.07	32.27	33.7
Total Debt/Equity (%)	40.54	72.62	116	84.36	79.64	369.41	466.26	842.56	1,261.53	1,454.76	654.6	467.02	185.34	329.03	226.71
Total Debt/Capital (%)	28.84	42.07	53.7	45.76	44.33	78.7	82.34	89.39	92.66	93.57	86.75	82.36	64.95	76.69	69.39
Total Debt/Total Assets (%)	12.61	12.74	13.19	13.48	16.55	46.64	51.45	66.96	65.58	60	20.31	36.17	23.07	32.27	33.7
CFO/Total Liabilities	-29.54	-15.19	-14.53	-6.44	-17.18	-3.56	-3.2	-2.91	-0.2	0.39	-1.28	-5.53	-15.13	0.63	- -
CFO/CapEx	-56.63	-274.68	-37.13	- -	-161.6	-24.17	- -	- -	-3.58	7.85	-7.12	- -	-127.74	1.5	- -
Altman's Z-Score	-0.24	-0.66	-0.93	-1.01	-1.19	-0.7	-1.12	-2.18	-2.08	-1.98	-1.19	-1.95	-3.38	-4.37	-3.51

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	4.44	3.14	2.85	3.32	5.05	5.67	2.49	13.73	18.5	15.63	14.17	13.52	10.56	11.57	11.79
Days Sales Outstanding	82.18	116.25	127.96	109.86	72.34	64.38	146.56	26.59	19.73	23.35	25.76	26.99	34.56	31.53	30.97
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	85	81	99	71	52	36	5	15	13	14	10	64	9	5	8
+ Preferred Equity and Hybrid Capital	- -	- -	- -	6	6	6	5	6	7	7	6	6	- -	8	16
+ Minority/Non Controlling Interest	-7	- -	1	4	2	1	9	12	13	14	14	- -	-3	2	3
+ Total Debt	47	48	43	41	40	234	261	253	262	272	97	103	46	60	78
Enterprise Value	-159	-113	-109	-76	-60	142	255	244	246	257	71	8	27	27	82
Total Capital	164	113	80	89	90	297	317	283	283	290	111	125	70	79	112
Total Debt/Capital (%)	28.84	42.07	53.7	45.76	44.33	78.7	82.34	89.39	92.66	93.57	86.75	82.36	64.95	76.69	69.39
Total Debt / EV	-0.3	-0.42	-0.39	-0.53	-0.67	1.64	1.02	1.04	1.06	1.06	1.36	13.17	1.67	2.19	0.96
EV/Sales	- -	- -	- -	- -	- -	0.81	5.49	4.52	3.89	3.99	0.87	0.07	0.25	0.24	0.6
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	67.17	19.61	19.75	- -	- -	- -	4.76	20.48
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	67.17	19.28	19.43	- -	- -	- -	4.24	14.57
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	-45	-33	-54	-20	-4	204	270	256	268	278	107	46	33	65	89
EV per Share	- -	- -	- -	- -	- -	6.63	11.75	11.19	11.26	11.57	3.11	0.34	1.01	1.01	2.85
TTM Sales	203	160	172	158	159	177	46	54	63	64	81	115	108	113	137
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	-69	-47	-42	-11	-27	-15	-19	4	13	13	-3	-8	-19	6	4
TTM Free Cash Flow to Firm	-67	-47	-41	-11	-27	-14	-19	4	13	13	-3	-8	-19	6	6

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-159	-113	-109	-76	-60	142	255	244	246	257	71	8	27	27	82
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	0.81	5.49	4.52	3.89	3.99	0.87	0.07	0.25	0.24	0.6
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	- -	- -	- -	- -	- -	1.16	5.81	4.75	4.25	4.32	1.31	0.4	0.31	0.57	0.65
EV/Sales High	- -	- -	- -	- -	- -	1.16	5.81	4.75	4.25	4.32	1.31	0.4	0.31	0.57	0.65
EV/Sales Low	- -	- -	- -	- -	- -	1.16	5.81	4.75	4.25	4.32	1.31	0.4	0.31	0.57	0.65
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value Average	-45	-33	-54	-20	-4	204	270	256	268	278	107	46	33	65	89
Enterprise Value High	-45	-33	-54	-20	-4	204	270	256	268	278	107	46	33	65	89
Enterprise Value Low	-45	-33	-54	-20	-4	204	270	256	268	278	107	46	33	65	89

Shares Outstanding	13	13	16	20	20	21	22	22	22	22	23	23	27	27	29
Diluted Weighted Avg Shares	13	13	14	17	20	20	22	22	22	22	23	25	26	27	28
Basic Weighted Avg Shares	13	13	14	17	20	20	22	22	22	22	23	23	26	27	28
Revenue per Share	15.49	12.14	12.2	9.06	8.05	8.83	2.16	2.48	2.89	2.9	3.61	4.99	4.19	4.14	4.91
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	-1.54	-3.96	-2.61	-0.75	0.04	0.01	-0.79	-1.41	-0.32	-0.35	-0.04	1.06	0.91	-0.35	-0.43
Basic EPS from Cont Ops	-1.99	-4.05	-3.07	-0.84	-0.58	-0.04	0.19	-1.02	-0.13	-0.24	-0.12	1.31	0.99	-0.3	-0.37
Diluted EPS, GAAP	-1.54	-3.96	-2.61	-0.75	0.04	0.01	-0.79	-1.41	-0.32	-0.35	-0.04	0.96	0.89	-0.35	-0.43
Diluted EPS from Cont Ops	-1.99	-4.05	-3.07	-0.84	-0.58	-0.04	0.19	-1.02	-0.13	-0.24	-0.12	1.19	0.97	-0.3	-0.37
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.04
Cash Flow per Share	-5.82	-3.55	-2.96	-0.94	-1.66	-0.78	-0.67	-0.47	-0.03	0.08	-0.26	-0.63	-1.02	0.04	- -
Free Cash Flow per Basic Share	-5.92	-3.56	-3.04	-0.94	-1.67	-0.81	-0.67	-0.47	-0.04	0.07	-0.3	-0.63	-1.03	0.01	-0.06
Cash & Equivalents per Share	15.24	12.24	9.33	6.49	5.46	4.6	0.92	1.24	1.64	1.59	2.01	4.39	0.56	1.57	0.55
Book Value per Share	9.43	4.95	2.16	1.9	2.13	2.61	1.91	0.57	0.04	-0.09	-0.25	0.68	1.02	0.31	0.53
Tangible Book Value per Share	6.4	0.46	-1.46	0.58	0.87	-4.85	-5.48	-6.68	-7.67	-9.33	-3.75	-2.71	-2.15	-3.25	-3.71

Kingsway Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)