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  2. •

    Financial Services

  3. •

    Insurance - Property & Casualty
Majestic Capital, Ltd.

Majestic Capital, Ltd.

MAJCQ
Majestic Capital, Ltd.US flagOther OTC
0.00
USD
- -
- -
5,637.00Market Cap
Majestic Capital, Ltd.
MAJCQ
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
TTM
FRC
7.79
17.23
20.58
32.03
43
46.15
84.09
87.08
57.7
- -
36.38
Revenue per Share
1.17
3.41
3.64
5.67
6.98
8.77
12.37
-0.91
-27.91
- -
-28.62
Basic EPS, GAAP
- -
- -
2.93
4.84
10.88
1.15
41.57
23.47
-7.79
- -
-28.18
Free Cash Flow per Basic Share
- -
- -
- -
3.66
7.62
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
0.07
0.81
2.76
10.55
22.89
21.77
-6.58
- -
-35.12
Book Value per Share
0.88
0.87
-1.14
0.87
66.1
49.82
63.86
64.23
35.93
- -
8.33
Tangible Book Value per Share
1
1
1
1
1
2
2
2
2
- -
2
Basic Weighted Avg Shares
8
18
21
33
45
75
137
143
97
62
62
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
2
3
1
1
Depreciation Expense
1
3
4
6
7
14
20
-1
-47
-49
-49
Net Income, GAAP
- -
- -
- -
- -
0.86
9.95
5.15
- -
- -
- -
- -
Effective Tax Rate (%)
15.09
19.81
17.69
17.69
16.22
19.01
14.71
-1.04
-48.37
-78.67
-78.67
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
1
- -
- -
- -
44
44
44
44
44
44
LT Debt
1
1
-1
1
69
84
108
109
61
14
14
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
633.33
518.2
866.04
365.56
45.84
33.43
- -
- -
- -
- -
Return on Capital (%)
- -
- -
10,858.12
1,285.02
391.72
142.45
74.03
-4.1
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'10
Sep'10
Dec'10
ST Debt
- -
- -
- -
LT Borrowings
44
44
44
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
- -
1
1

Working Capital

FRC

•

in mil. unless spec.
Jun'10
Sep'10
Dec'10
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
28
44
26
Accounts Receivable, Net
8
8
8
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
28
47
30
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-13.86%
-76.23%
Free Cash Flow
- -
705.73%
266.32%
Net Income, GAAP
- -
612.85%
3.81%
Sales/Revenue/Turnover
- -
17.17%
-36.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2008
36
48
29
30
143
2009
26
26
22
27
97
2010
17
15
16
14
62

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2008
3.04
1.86
-2.29
- -
-0.91
2009
-5.05
-1.42
-10.09
- -
-27.91
2010
-4.66
-2.39
-7.27
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2008
- -
- -
- -
- -
- -
2009
- -
- -
- -
- -
- -
2010
- -
- -
- -
- -
- -
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Business
Majestic Capital, Ltd. (MAJCQ) is a Bermuda-based holding company that, through its subsidiaries, provides workers' compensation insurance products and related services. The company underwrites primary workers' compensation insurance policies through independent brokers and agents to employers of various sizes; offers excess and frequency coverage policies to self-insured entities; and underwrites workers' compensation reinsurance from Bermuda. It also delivers fee-based management services, including general management, underwriting support, risk assessment, regulatory compliance, safety and loss control, and claims management, primarily to self-insured groups in New York and California. Majestic targets industries such as transportation, healthcare, wholesale and retail, manufacturing, hospitality, contractors, colleges, and universities. Its insurance coverage extends to employers in states including Alaska, Arizona, California, Florida, Hawaii, Idaho, Illinois, Montana, Nevada, New Jersey, New Mexico, New York, Oregon, Utah, Virginia, and Washington. Founded in 1999 and headquartered in Hamilton, Bermuda, the company formerly operated as CRM Holdings, Ltd., changing its name in May 2010. In recent years, Majestic Capital filed for voluntary Chapter 11 bankruptcy protection on April 29, 2011, in the U.S. Bankruptcy Court for the Southern District of New York, alongside affiliates including Majestic USA Capital, Inc. and Compensation Risk Managers, LLC; a joint liquidation plan was confirmed on April 27, 2012. The company voluntarily delisted its shares from Nasdaq around that period following delays in financial reporting and a failed merger with Bayside Capital Partners LLC in March 2011. No significant operational activities, acquisitions, funding, or new product launches have occurred since its bankruptcy proceedings.