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Global Indemnity Group (GBLI) Financials

Global Indemnity Group logo
$29.64 +0.45 (+1.52%)
Closing price 08/22/2025 03:50 PM Eastern
Extended Trading
$29.72 +0.07 (+0.25%)
As of 08/22/2025 04:10 PM Eastern
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Annual Income Statements for Global Indemnity Group

Annual Income Statements for Global Indemnity Group

This table shows Global Indemnity Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -1.29 25 43
Consolidated Net Income / (Loss)		 -0.85 25 43
Net Income / (Loss) Continuing Operations		 -0.85 25 43
Total Pre-Tax Income 		1.97 33 55
Total Revenue		 626 528 441
Net Interest Income / (Expense)		 -3.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00
Total Interest Expense		 3.00 0.00 0.00
Long-Term Debt Interest Expense		 3.00 0.00 0.00
Total Non-Interest Income		 629 528 441
Other Service Charges		 31 1.44 1.37
Net Realized & Unrealized Capital Gains on Investments		 -5.30 53 63
Premiums Earned		 602 473 377
Total Non-Interest Expense		 624 495 386
Property & Liability Insurance Claims		 359 289 213
Insurance Policy Acquisition Costs		 236 183 147
Other Operating Expenses		 24 23 26
Other Special Charges		 3.53 0.00 0.00
Income Tax Expense		 2.82 7.55 12
Preferred Stock Dividends Declared		 0.44 0.44 0.44
Basic Earnings per Share		 ($0.09) $1.84 $3.14
Weighted Average Basic Shares Outstanding		 14.48M 13.55M 13.64M
Diluted Earnings per Share		 ($0.09) $1.83 $3.12
Weighted Average Diluted Shares Outstanding		 14.48M 13.67M 13.71M
Weighted Average Basic & Diluted Shares Outstanding		 13.64M 13.58M 14.81M
Cash Dividends to Common per Share		 $1.00 $1.00 $1.40

Quarterly Income Statements for Global Indemnity Group

This table shows Global Indemnity Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 24 2.23 2.38 9.23 7.59 5.79 11 9.98 13 8.91
Consolidated Net Income / (Loss)		 24 2.34 2.49 9.34 7.70 5.90 11 10 13 9.02
Net Income / (Loss) Continuing Operations		 24 2.34 2.49 9.34 7.70 5.90 11 10 13 9.02
Total Pre-Tax Income 		31 1.76 3.07 12 9.46 8.74 14 13 16 12
Total Revenue		 195 156 151 142 126 109 112 109 112 108
Net Interest Income / (Expense)		 0.00 0.00 0.00 -0.01 0.00 0.01 0.00 -0.02 0.00 0.02
Total Interest Expense		 0.00 -0.00 0.00 0.01 0.00 -0.01 0.00 0.02 0.00 -0.02
Total Non-Interest Income		 195 156 151 142 126 109 112 109 112 108
Other Service Charges		 30 0.53 0.35 0.28 0.30 0.50 0.35 0.36 0.37 0.29
Net Realized & Unrealized Capital Gains on Investments		 11 11 10 12 14 16 15 16 16 16
Premiums Earned		 154 144 140 129 112 92 97 93 95 92
Total Non-Interest Expense		 163 154 148 130 117 101 98 96 96 96
Property & Liability Insurance Claims		 88 93 88 78 65 58 53 54 52 54
Insurance Policy Acquisition Costs		 61 58 53 47 46 36 38 36 38 36
Other Operating Expenses		 14 2.70 6.37 4.99 5.28 6.75 6.37 6.37 5.92 7.03
Income Tax Expense		 7.44 -0.58 0.57 2.37 1.76 2.84 2.90 2.58 3.13 3.11
Preferred Stock Dividends Declared		 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.11
Basic Earnings per Share		 $1.62 $0.16 $0.17 $0.68 $0.56 $0.43 $0.83 $0.73 $0.93 $0.65
Weighted Average Basic Shares Outstanding		 14.59M 14.48M 13.67M 13.48M 13.52M 13.55M 13.58M 13.61M 13.66M 13.64M
Diluted Earnings per Share		 $1.60 $0.18 $0.17 $0.67 $0.55 $0.44 $0.82 $0.73 $0.92 $0.65
Weighted Average Diluted Shares Outstanding		 14.80M 14.48M 13.93M 13.71M 13.81M 13.67M 13.69M 13.68M 13.80M 13.71M
Weighted Average Basic & Diluted Shares Outstanding		 14.62M 13.64M 13.47M 13.52M 13.54M 13.58M 13.60M 13.66M 13.69M 14.81M
Cash Dividends to Common per Share		 $0.25 $0.25 $0.25 $0.25 $0.25 $0.25 $0.35 $0.35 $0.35 $0.35

Annual Cash Flow Statements for Global Indemnity Group

This table details how cash moves in and out of Global Indemnity Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -39 -0.81 -21
Net Cash From Operating Activities		 44 43 39
Net Cash From Continuing Operating Activities		 44 43 39
Net Income / (Loss) Continuing Operations		 -0.85 25 43
Consolidated Net Income / (Loss)		 -0.85 25 43
Depreciation Expense		 8.40 6.20 5.76
Amortization Expense		 1.31 -6.75 -16
Non-Cash Adjustments to Reconcile Net Income		 27 5.37 17
Changes in Operating Assets and Liabilities, net		 8.51 13 -12
Net Cash From Investing Activities		 80 -16 -40
Net Cash From Continuing Investing Activities		 80 -16 -40
Purchase of Investment Securities		 -1,175 -449 -1,140
Sale and/or Maturity of Investments		 1,255 432 1,100
Net Cash From Financing Activities		 -164 -27 -20
Net Cash From Continuing Financing Activities		 -164 -27 -20
Issuance of Debt		 0.00 0.00 0.00
Issuance of Preferred Equity		 0.00 0.00 0.00
Issuance of Common Equity		 3.34 0.00 0.00
Repayment of Debt		 -130 0.00 0.00
Repurchase of Common Equity		 -22 -13 -0.53
Payment of Dividends		 -15 -15 -20

Quarterly Cash Flow Statements for Global Indemnity Group

This table details how cash moves in and out of Global Indemnity Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents		 -41 20 -3.11 9.71 1.02 -8.43 0.82 7.87 -16 -14
Net Cash From Operating Activities		 23 2.49 5.33 8.85 23 6.13 23 14 15 -13
Net Cash From Continuing Operating Activities		 23 2.49 5.33 8.85 23 6.13 23 14 15 -13
Net Income / (Loss) Continuing Operations		 24 2.34 2.49 9.34 7.70 5.90 11 10 13 9.02
Consolidated Net Income / (Loss)		 24 2.34 2.49 9.34 7.70 5.90 11 10 13 9.02
Depreciation Expense		 3.17 1.96 1.69 1.66 1.46 1.40 1.31 1.35 1.33 1.77
Amortization Expense		 -0.29 -0.07 -0.55 -1.18 -2.15 -2.88 -4.26 -7.12 -5.61 1.33
Non-Cash Adjustments to Reconcile Net Income		 -15 -0.35 -1.79 3.86 4.27 -0.97 0.02 5.12 6.56 5.45
Changes in Operating Assets and Liabilities, net		 11 -1.39 3.48 -4.83 11 2.68 14 4.81 0.27 -31
Net Cash From Investing Activities		 -64 43 2.15 11 -21 -7.69 -17 -0.73 -31 9.09
Net Cash From Continuing Investing Activities		 -64 43 2.15 11 -21 -7.69 -17 -0.73 -31 9.09
Purchase of Investment Securities		 -244 -60 -60 -75 -147 -166 -168 -255 -260 -457
Sale and/or Maturity of Investments		 181 108 63 86 125 158 151 254 229 467
Net Cash From Financing Activities		 -0.22 -26 -11 -9.79 -0.11 -6.88 -4.91 -5.65 -0.11 -9.68
Net Cash From Continuing Financing Activities		 -0.22 -26 -11 -9.79 -0.11 -6.88 -4.91 -5.65 -0.11 -9.68
Payment of Dividends		 -0.22 -7.12 -4.03 -3.67 -0.11 -6.88 -4.91 -5.13 -0.11 -9.68

Annual Balance Sheets for Global Indemnity Group

This table presents Global Indemnity Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets		 1,801 1,730 1,731
Cash and Due from Banks		 39 38 17
Trading Account Securities		 1,266 1,314 1,394
Loans and Leases, Net of Allowance		 0.00 0.00 0.00
Unearned Premiums Asset		 272 188 145
Deferred Acquisition Cost		 65 42 41
Goodwill		 4.82 4.82 4.82
Intangible Assets		 15 14 14
Other Assets		 140 128 115
Total Liabilities & Shareholders' Equity		 1,801 1,730 1,731
Total Liabilities		 1,175 1,081 1,042
Long-Term Debt		 0.00 0.00 0.00
Claims and Claim Expense		 832 851 800
Unearned Premiums Liability		 269 183 183
Other Long-Term Liabilities		 73 47 58
Commitments & Contingencies		 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 626 649 689
Total Preferred & Common Equity		 626 649 689
Preferred Stock		 4.00 4.00 4.00
Total Common Equity		 622 645 685
Common Stock		 451 455 460
Retained Earnings		 233 245 269
Treasury Stock		 -19 -32 -33
Accumulated Other Comprehensive Income / (Loss)		 -43 -23 -10

Quarterly Balance Sheets for Global Indemnity Group

This table presents Global Indemnity Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets		 1,879 1,777 1,774 1,768 1,728 1,739 1,761
Cash and Due from Banks		 19 36 45 46 39 47 31
Trading Account Securities		 1,299 1,275 1,320 1,304 1,243 1,388 1,408
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Unearned Premiums Asset		 325 256 248 224 173 160 153
Deferred Acquisition Cost		 70 58 52 46 40 41 41
Goodwill		 4.82 4.82 4.82 4.82 4.82 4.82 4.82
Intangible Assets		 15 15 15 15 14 14 14
Other Assets		 146 133 89 128 213 83 110
Total Liabilities & Shareholders' Equity		 1,879 1,777 1,774 1,768 1,728 1,739 1,761
Total Liabilities		 1,236 1,149 1,148 1,137 1,069 1,071 1,074
Short-Term Debt		 0.10 1.01 22 21 0.00 0.00 0.00
Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Claims and Claim Expense		 826 858 867 862 854 844 840
Unearned Premiums Liability		 331 242 215 196 177 182 183
Other Long-Term Liabilities		 79 49 43 59 39 45 51
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 644 628 626 631 659 667 687
Total Preferred & Common Equity		 644 628 626 631 659 667 687
Preferred Stock		 4.00 4.00 4.00 4.00 4.00 4.00 4.00
Total Common Equity		 640 624 622 627 655 663 683
Common Stock		 451 452 453 454 456 458 459
Retained Earnings		 235 233 238 243 251 257 265
Treasury Stock		 -0.90 -26 -32 -32 -32 -33 -33
Accumulated Other Comprehensive Income / (Loss)		 -45 -35 -37 -38 -20 -18 -7.85

Annual Metrics And Ratios for Global Indemnity Group

This table displays calculated financial ratios and metrics derived from Global Indemnity Group's official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - -
Revenue Growth		 -6.33% -15.57% -16.46%
EBITDA Growth		 -76.58% 177.69% 38.97%
EBIT Growth		 -93.99% 1,573.06% 66.65%
NOPAT Growth		 -102.90% 3,091.65% 70.05%
Net Income Growth		 -102.90% 3,091.65% 70.05%
EPS Growth		 -104.57% 2,133.33% 70.49%
Operating Cash Flow Growth		 -51.28% -3.05% -9.45%
Free Cash Flow Firm Growth		 361.51% -98.56% -4.24%
Invested Capital Growth		 -24.89% 3.59% 6.23%
Revenue Q/Q Growth		 -4.71% -8.07% -0.18%
EBITDA Q/Q Growth		 -73.41% 12.51% 21.50%
EBIT Q/Q Growth		 -93.42% 26.84% 6.58%
NOPAT Q/Q Growth		 -103.87% 16.27% 7.79%
Net Income Q/Q Growth		 -103.87% 16.27% 7.79%
EPS Q/Q Growth		 -106.25% 16.56% 7.22%
Operating Cash Flow Q/Q Growth		 -33.47% 9.29% -33.48%
Free Cash Flow Firm Q/Q Growth		 3.42% -79.22% -38.86%
Invested Capital Q/Q Growth		 -2.70% -0.39% 0.35%
Profitability Metrics		 - - -
EBITDA Margin		 1.87% 6.14% 10.21%
EBIT Margin		 0.32% 6.24% 12.46%
Profit (Net Income) Margin		 -0.14% 4.81% 9.80%
Tax Burden Percent		 -43.13% 77.11% 78.68%
Interest Burden Percent		 100.00% 100.00% 100.00%
Effective Tax Rate		 143.13% 22.89% 21.32%
Return on Invested Capital (ROIC)		 -0.12% 3.99% 6.46%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.12% 3.99% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 -0.01% 0.00% 0.00%
Return on Equity (ROE)		 -0.13% 3.99% 0.00%
Cash Return on Invested Capital (CROIC)		 28.31% 0.47% 0.43%
Operating Return on Assets (OROA)		 0.10% 1.87% 3.18%
Return on Assets (ROA)		 -0.04% 1.44% 2.50%
Return on Common Equity (ROCE)		 -0.13% 3.96% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 -0.14% 3.92% 6.27%
Net Operating Profit after Tax (NOPAT)		 -0.85 25 43
NOPAT Margin		 -0.14% 4.81% 9.80%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 99.68% 93.76% 87.54%
Earnings before Interest and Taxes (EBIT)		 1.97 33 55
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 12 32 45
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 0.51 0.65 0.72
Price to Tangible Book Value (P/TBV)		 0.52 0.67 0.74
Price to Revenue (P/Rev)		 0.51 0.79 1.12
Price to Earnings (P/E)		 0.00 16.73 11.51
Dividend Yield		 4.63% 3.24% 3.89%
Earnings Yield		 0.00% 5.98% 8.69%
Enterprise Value to Invested Capital (EV/IC)		 0.45 0.59 0.70
Enterprise Value to Revenue (EV/Rev)		 0.45 0.73 1.09
Enterprise Value to EBITDA (EV/EBITDA)		 24.07 11.84 10.65
Enterprise Value to EBIT (EV/EBIT)		 142.62 11.65 8.73
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 15.10 11.09
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.35 8.95 12.35
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.36 129.26 168.63
Leverage & Solvency		 - - -
Debt to Equity		 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00
Financial Leverage		 0.10 0.00 0.00
Leverage Ratio		 2.86 2.77 2.59
Compound Leverage Factor		 2.86 2.77 2.59
Debt to Total Capital		 0.01% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.01% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.64% 0.62% 0.58%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00%
Common Equity to Total Capital		 99.35% 99.38% 99.42%
Debt to EBITDA		 0.01 0.00 0.00
Net Debt to EBITDA		 -3.32 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00
Debt to NOPAT		 -0.08 0.00 0.00
Net Debt to NOPAT		 45.62 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.60% 0.63% 0.60%
Liquidity Ratios		 - - -
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 207 2.97 2.85
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 68.81 0.00 0.00
Operating Cash Flow to Interest Expense		 14.73 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 14.73 0.00 0.00
Efficiency Ratios		 - - -
Asset Turnover		 0.33 0.30 0.26
Fixed Asset Turnover		 0.00 0.00 0.00
Capital & Investment Metrics		 - - -
Invested Capital		 626 649 689
Invested Capital Turnover		 0.86 0.83 0.66
Increase / (Decrease) in Invested Capital		 -208 22 40
Enterprise Value (EV)		 281 384 480
Market Capitalization		 316 418 493
Book Value per Share		 $42.57 $47.61 $50.06
Tangible Book Value per Share		 $41.23 $46.19 $48.67
Total Capital		 626 649 689
Total Debt		 0.07 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00
Net Debt		 -39 -38 -17
Capital Expenditures (CapEx)		 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.07 0.00 0.00
Total Depreciation and Amortization (D&A)		 9.71 -0.55 -9.89
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 ($0.09) $1.84 $3.14
Adjusted Weighted Average Basic Shares Outstanding		 14.48M 13.55M 13.64M
Adjusted Diluted Earnings per Share		 ($0.09) $1.83 $3.12
Adjusted Weighted Average Diluted Shares Outstanding		 14.48M 13.67M 13.71M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 13.64M 13.58M 14.81M
Normalized Net Operating Profit after Tax (NOPAT)		 3.85 25 43
Normalized NOPAT Margin		 0.62% 4.81% 9.80%
Pre Tax Income Margin		 0.32% 6.24% 12.46%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 0.66 0.00 0.00
NOPAT to Interest Expense		 -0.28 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.66 0.00 0.00
NOPAT Less CapEx to Interest Expense		 -0.28 0.00 0.00
Payout Ratios		 - - -
Dividend Payout Ratio		 -1,741.88% 57.76% 45.86%
Augmented Payout Ratio		 -4,369.53% 107.61% 47.08%

Quarterly Metrics And Ratios for Global Indemnity Group

This table displays calculated financial ratios and metrics derived from Global Indemnity Group's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 18.37% -16.58% 18.03% -3.78% -35.21% -29.79% -25.59% -23.41% -11.34% -0.74%
EBITDA Growth		 683.05% -89.82% 127.89% 211.23% -74.24% 98.66% 168.89% -43.28% 32.28% 109.83%
EBIT Growth		 429.22% -94.08% 116.86% 191.55% -69.65% 396.20% 365.11% 8.25% 67.86% 38.84%
NOPAT Growth		 458.14% -90.71% 119.59% 204.31% -67.57% 152.16% 355.73% 8.10% 65.71% 52.97%
Net Income Growth		 407.87% -90.71% 116.88% 176.77% -67.57% 152.16% 355.73% 8.10% 65.71% 52.97%
EPS Growth		 396.30% -89.47% 116.50% 179.76% -65.63% 144.44% 382.35% 8.96% 67.27% 47.73%
Operating Cash Flow Growth		 25.44% -89.95% 152.93% -68.99% -3.04% 146.64% 325.76% 61.20% -32.17% -318.70%
Free Cash Flow Firm Growth		 726.86% 416.85% 560.34% -93.52% -99.94% -107.89% -111.15% -176.12% -17,564.62% -89.46%
Invested Capital Growth		 -21.65% -24.89% -20.96% -0.36% 1.18% 3.59% 4.81% 2.92% 5.45% 6.23%
Revenue Q/Q Growth		 31.97% -20.02% -3.03% -5.99% -11.15% -13.32% 2.76% -3.22% 2.84% -2.95%
EBITDA Q/Q Growth		 410.93% -89.27% 15.10% 189.64% -28.00% -17.23% 55.79% -38.91% 67.92% 31.29%
EBIT Q/Q Growth		 343.85% -94.35% 74.16% 281.74% -19.17% -7.66% 63.25% -11.15% 25.34% -23.63%
NOPAT Q/Q Growth		 365.27% -90.15% 6.63% 274.38% -17.53% -23.40% 92.71% -11.20% 26.42% -29.29%
Net Income Q/Q Growth		 295.25% -90.15% 6.63% 274.38% -17.53% -23.40% 92.71% -11.20% 26.42% -29.29%
EPS Q/Q Growth		 290.48% -88.75% -5.56% 294.12% -17.91% -20.00% 86.36% -10.98% 26.03% -29.35%
Operating Cash Flow Q/Q Growth		 -18.34% -89.32% 114.15% 66.07% 155.30% -72.84% 269.68% -37.12% 7.42% -187.59%
Free Cash Flow Firm Q/Q Growth		 12.12% 4.09% -19.31% -93.12% -98.88% -12,838.46% -14.03% 53.01% -155.85% -38.19%
Invested Capital Q/Q Growth		 -1.10% -2.70% 0.47% 3.06% 0.42% -0.39% 1.66% 1.21% 2.88% 0.35%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 17.51% 2.35% 2.79% 8.59% 6.96% 6.64% 10.07% 6.36% 10.38% 14.05%
EBIT Margin		 16.03% 1.13% 2.03% 8.25% 7.51% 8.00% 12.70% 11.66% 14.21% 11.19%
Profit (Net Income) Margin		 12.20% 1.50% 1.65% 6.58% 6.11% 5.40% 10.12% 9.29% 11.42% 8.32%
Tax Burden Percent		 76.15% 132.82% 81.32% 79.75% 81.37% 67.50% 79.68% 79.64% 80.33% 74.37%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 23.85% -32.82% 18.68% 20.25% 18.63% 32.50% 20.32% 20.36% 19.67% 25.63%
Return on Invested Capital (ROIC)		 10.93% 1.29% 1.50% 6.51% 5.42% 4.47% 7.69% 6.44% 7.54% 5.49%
ROIC Less NNEP Spread (ROIC-NNEP)		 10.93% 1.29% 1.50% 6.51% 5.42% 4.47% 7.69% 6.44% 7.54% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 1.03% 0.12% 0.15% 0.16% 0.09% 0.00% 0.01% 0.11% 0.12% 0.00%
Return on Equity (ROE)		 11.97% 1.41% 1.65% 6.68% 5.51% 4.47% 7.70% 6.55% 7.66% 0.00%
Cash Return on Invested Capital (CROIC)		 27.28% 28.31% 25.72% 6.19% 2.21% 0.47% 0.63% 2.45% 0.70% 0.43%
Operating Return on Assets (OROA)		 5.49% 0.37% 0.71% 2.92% 2.37% 2.39% 3.55% 3.03% 3.56% 2.85%
Return on Assets (ROA)		 4.18% 0.49% 0.57% 2.33% 1.92% 1.61% 2.83% 2.41% 2.86% 2.12%
Return on Common Equity (ROCE)		 11.90% 1.40% 1.64% 6.63% 5.47% 4.44% 7.65% 6.51% 7.61% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 3.42% 0.00% 2.61% 6.05% 3.47% 0.00% 5.20% 5.25% 5.84% 0.00%
Net Operating Profit after Tax (NOPAT)		 24 2.34 2.49 9.34 7.70 5.90 11 10 13 9.02
NOPAT Margin		 12.20% 1.50% 1.65% 6.58% 6.11% 5.40% 10.12% 9.29% 11.42% 8.32%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 83.97% 98.87% 97.97% 91.75% 92.49% 92.00% 87.30% 88.34% 85.79% 88.81%
Earnings before Interest and Taxes (EBIT)		 31 1.76 3.07 12 9.46 8.74 14 13 16 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 34 3.66 4.21 12 8.77 7.26 11 6.91 12 15
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 0.47 0.51 0.59 0.70 0.71 0.65 0.63 0.64 0.67 0.72
Price to Tangible Book Value (P/TBV)		 0.48 0.52 0.61 0.72 0.73 0.67 0.64 0.66 0.68 0.74
Price to Revenue (P/Rev)		 0.45 0.51 0.57 0.68 0.77 0.79 0.84 0.93 1.03 1.12
Price to Earnings (P/E)		 13.84 0.00 22.95 11.61 20.63 16.73 12.11 12.22 11.44 11.51
Dividend Yield		 4.89% 4.63% 3.72% 3.09% 3.06% 3.24% 3.64% 3.86% 3.91% 3.89%
Earnings Yield		 7.23% 0.00% 4.36% 8.61% 4.85% 5.98% 8.26% 8.19% 8.74% 8.69%
Enterprise Value to Invested Capital (EV/IC)		 0.44 0.45 0.53 0.64 0.65 0.59 0.57 0.57 0.62 0.70
Enterprise Value to Revenue (EV/Rev)		 0.43 0.45 0.52 0.65 0.73 0.73 0.77 0.83 0.97 1.09
Enterprise Value to EBITDA (EV/EBITDA)		 6.45 24.07 10.85 7.68 14.58 11.84 9.49 11.10 11.51 10.65
Enterprise Value to EBIT (EV/EBIT)		 9.46 142.62 14.46 8.71 16.16 11.65 8.49 8.42 8.28 8.73
Enterprise Value to NOPAT (EV/NOPAT)		 12.89 0.00 20.46 10.97 19.21 15.10 10.94 10.84 10.65 11.09
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.26 6.35 5.63 10.41 10.71 8.95 6.23 5.79 7.31 12.35
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.42 1.36 1.83 10.33 29.38 129.26 92.59 23.63 91.78 168.63
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.04 0.03 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.09 0.10 0.10 0.03 0.02 0.00 0.00 0.02 0.02 0.00
Leverage Ratio		 2.86 2.86 2.88 2.87 2.86 2.77 2.72 2.71 2.68 2.59
Compound Leverage Factor		 2.86 2.86 2.88 2.87 2.86 2.77 2.72 2.71 2.68 2.59
Debt to Total Capital		 0.02% 0.01% 0.16% 3.41% 3.16% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.02% 0.01% 0.16% 3.41% 3.16% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.62% 0.64% 0.64% 0.62% 0.61% 0.62% 0.61% 0.60% 0.58% 0.58%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 99.36% 99.35% 99.20% 95.97% 96.22% 99.38% 99.39% 99.40% 99.42% 99.42%
Debt to EBITDA		 0.00 0.01 0.03 0.41 0.72 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 -0.43 -3.32 -1.12 -0.43 -0.90 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 -0.08 0.06 0.58 0.94 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.85 45.62 -2.12 -0.62 -1.18 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.60% 0.60% 0.62% 0.63% 0.63% 0.63% 0.62% 0.62% 0.61% 0.60%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 202 210 169 12 0.13 -17 -19 -8.87 -23 -31
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 971.50 0.00 0.00 0.00 -522.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 737.08 0.00 0.00 0.00 838.71 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 737.08 0.00 0.00 0.00 838.71 0.00 0.00
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.34 0.33 0.35 0.35 0.32 0.30 0.28 0.26 0.25 0.26
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 644 626 629 649 651 649 659 667 687 689
Invested Capital Turnover		 0.90 0.86 0.91 0.99 0.89 0.83 0.76 0.69 0.66 0.66
Increase / (Decrease) in Invested Capital		 -178 -208 -167 -2.32 7.57 22 30 19 35 40
Enterprise Value (EV)		 283 281 336 416 420 384 375 380 427 480
Market Capitalization		 298 316 367 435 442 418 410 423 454 493
Book Value per Share		 $43.84 $42.57 $45.77 $46.22 $46.34 $47.61 $48.27 $48.77 $49.96 $50.06
Tangible Book Value per Share		 $42.49 $41.23 $44.33 $44.78 $44.91 $46.19 $46.86 $47.37 $48.57 $48.67
Total Capital		 644 626 629 649 651 649 659 667 687 689
Total Debt		 0.10 0.07 1.01 22 21 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -19 -39 -35 -23 -26 -38 -39 -47 -31 -17
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 0.10 0.07 1.01 22 21 0.00 0.00 0.00 0.00 0.00
Total Depreciation and Amortization (D&A)		 2.88 1.89 1.14 0.48 -0.69 -1.48 -2.95 -5.76 -4.28 3.10
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.62 $0.16 $0.17 $0.68 $0.56 $0.43 $0.83 $0.73 $0.93 $0.65
Adjusted Weighted Average Basic Shares Outstanding		 14.59M 14.48M 13.67M 13.48M 13.52M 13.55M 13.58M 13.61M 13.66M 13.64M
Adjusted Diluted Earnings per Share		 $1.60 $0.18 $0.17 $0.67 $0.55 $0.44 $0.82 $0.73 $0.92 $0.65
Adjusted Weighted Average Diluted Shares Outstanding		 14.80M 14.48M 13.93M 13.71M 13.81M 13.67M 13.69M 13.68M 13.80M 13.71M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 14.62M 13.64M 13.47M 13.52M 13.54M 13.58M 13.60M 13.66M 13.69M 14.81M
Normalized Net Operating Profit after Tax (NOPAT)		 24 1.23 2.49 9.34 7.70 5.90 11 10 13 9.02
Normalized NOPAT Margin		 12.20% 0.79% 1.65% 6.58% 6.11% 5.40% 10.12% 9.29% 11.42% 8.32%
Pre Tax Income Margin		 16.03% 1.13% 2.03% 8.25% 7.51% 8.00% 12.70% 11.66% 14.21% 11.19%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 975.67 0.00 0.00 0.00 745.53 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 778.08 0.00 0.00 0.00 593.71 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 975.67 0.00 0.00 0.00 745.53 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 778.08 0.00 0.00 0.00 593.71 0.00 0.00
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 51.81% -1,741.88% 91.80% 39.64% 68.23% 57.76% 45.39% 48.57% 42.44% 45.86%
Augmented Payout Ratio		 53.74% -4,369.53% 267.03% 130.88% 226.43% 107.61% 63.25% 50.08% 43.76% 47.08%

Key Financial Trends

Global Indemnity Group (NASDAQ: GBLI) has shown steady financial performance over the last four years, with key trends emerging in revenue, expenses, net income, and cash flows.

Positive trends include:

  • Consistent increase in premiums earned, rising from approximately $129 million in Q2 2023 to about $92 million in Q4 2024, showing steady core business growth.
  • Net realized and unrealized capital gains on investments remained strong, with values around $15.9 million in Q4 2024, supporting overall income.
  • Net income attributable to common shareholders has increased significantly from $2.38 million in Q1 2023 to $8.91 million in Q4 2024, indicating improved profitability.
  • Basic and diluted earnings per share have grown from around $0.17/$0.17 in Q1 2023 to $0.65/$0.65 in Q4 2024, benefiting shareholders.
  • Total common equity increased from approximately $624 million in Q1 2023 to $683 million in Q3 2024, showing strengthening balance sheet and shareholder value.
  • Despite some fluctuations, the company maintained manageable property and liability insurance claims expenses relative to premiums earned.
  • Strong cash flows from operating activities in most quarters, notably $22.7 million in Q1 2024 and $15.3 million in Q3 2024, support liquidity and operational efficiency.
  • Regular payment of dividends per common share, increasing from $0.25 in early 2023 to $0.35 in late 2024, indicating confidence in ongoing earnings and returning value to shareholders.

Neutral/Stable observations include:

  • Total interest expense remained minimal throughout the periods, mostly near zero or low thousands, indicating low reliance on debt financing.
  • No significant long-term debt recorded on the balance sheet as of Q3 2024, indicating conservative capital structure.
  • Trading account securities constitute a large portion of total assets (~$1.3 - $1.4 billion), which may indicate reliance on investment portfolio performance.

Negative trends and concerns:

  • Operating cash flow turned negative in Q4 2024, with net cash from continuing operating activities of -$13.4 million, suggesting potential short-term liquidity pressures.
  • Increases in insurance policy acquisition costs and other operating expenses have pressured non-interest expenses, which rose above $96 million in Q4 2024, narrowing margins.
  • Large fluctuations in changes in operating assets and liabilities have impacted cash flow variability significantly from quarter to quarter.
  • Decrease in cash and due from banks in Q4 2024 to $31 million from $39 million in Q1 2024 could signal tighter liquidity or increased deployments.
  • Significant buybacks and dividend payments are consuming cash, which together with negative operating cash flow could affect balance sheet flexibility.
  • Total liabilities remained high, around $1.07 billion as of Q3 2024, roughly 60% of total assets, highlighting leverage in business operations.

Overall, Global Indemnity Group has demonstrated solid growth in net income and shareholder equity over recent years, supported by strong premium growth and investment income. However, the recent negative operating cash flow and rising expenses are factors to monitor closely. The company's conservative use of debt is a positive for financial stability, but monitoring liquidity and expense control will be key for sustained profitability.

08/25/25 12:53 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Global Indemnity Group's Financials

When does Global Indemnity Group's financial year end?

According to the most recent income statement we have on file, Global Indemnity Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Global Indemnity Group's net income changed over the last 2 years?

Global Indemnity Group's net income appears to be on an upward trend, with a most recent value of $43.24 million in 2024, falling from -$850 thousand in 2022. The previous period was $25.43 million in 2023.

How has Global Indemnity Group's revenue changed over the last 2 years?

Over the last 2 years, Global Indemnity Group's total revenue changed from $625.53 million in 2022 to $441.19 million in 2024, a change of -29.5%.

How much debt does Global Indemnity Group have?

Global Indemnity Group's total liabilities were at $1.04 billion at the end of 2024, a 3.6% decrease from 2023, and a 11.3% decrease since 2022.

How much cash does Global Indemnity Group have?

In the past 2 years, Global Indemnity Group's cash and equivalents has ranged from $17.01 million in 2024 to $38.85 million in 2022, and is currently $17.01 million as of their latest financial filing in 2024.

How has Global Indemnity Group's book value per share changed over the last 2 years?

Over the last 2 years, Global Indemnity Group's book value per share changed from 42.57 in 2022 to 50.06 in 2024, a change of 17.6%.


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This page (NASDAQ:GBLI) was last updated on 8/25/2025 by MarketBeat.com Staff
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