Siriuspoint Financials

SPNT Stock  USD 15.45  0.14  0.90%   
Based on the key indicators related to Siriuspoint's liquidity, profitability, solvency, and operating efficiency, Siriuspoint is doing better financially today then in previous quarter. It has a moderate chance of reporting better financial numbers in December. At this time, Siriuspoint's Non Current Assets Total are comparatively stable compared to the past year. Net Receivables is likely to gain to about 4.5 B in 2024, despite the fact that Net Debt is likely to grow to (173.8 M). Key indicators impacting Siriuspoint's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.330.3127
Notably Up
Slightly volatile
Current Ratio18.6617.77
Sufficiently Up
Very volatile
The essential information of the day-to-day investment outlook for Siriuspoint includes many different criteria found on its balance sheet. An individual investor should monitor Siriuspoint's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Siriuspoint.

Net Income

372.54 Million

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

Siriuspoint Stock Summary

Siriuspoint competes with Thrivent High, Morningstar Unconstrained, Via Renewables, T Rowe, and FT Cboe. SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda. Siriuspoint is traded on New York Stock Exchange in the United States.
Specialization
Financial Services, Insurance - Reinsurance
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBMG8192H1060
CUSIPG8827U100 G8192H106
LocationBermuda
Business AddressPoint Building, Pembroke,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.siriuspt.com
Phone(441) 542 3300
CurrencyUSD - US Dollar

Siriuspoint Key Financial Ratios

Siriuspoint Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.5B10.6B11.0B12.9B13.5B
Other Current Liab(99.8M)(95.7M)(924.6M)(813.6M)(2.0B)(1.9B)
Net Debt(525.3M)(411.7M)(183.1M)72.7M(183M)(173.9M)
Retained Earnings476.9M620.5M665M262.2M601M414.6M
Accounts Payable99.8M95.7M924.6M1.1B2.0B2.1B
Cash639.4M526.0M999.8M705.3M1.1B1.2B
Other Assets1.2B1.3B1.1B5.4B6.1B6.4B
Total Liab2.0B2.0B8.1B9.0B10.3B10.9B
Total Current Assets1.2B1.1B5.3B5.3B969.2M1.3B
Common Stock9.4M9.4M9.6M16.2M16.8M12.4M
Net Receivables603.8M552.1M3.2B3.3B4.3B4.5B
Intangible Assets154.7M68.6M171.9M163.8M152.7M172.8M
Inventory(1.7B)(2.4B)(5.0B)(6.3B)(3.5B)(3.7B)
Other Current Assets1.7B2.4B5.0B4.0B3.5B2.6B
Other Liab1.3B1.4B5.2B5.5B6.3B6.7B
Net Tangible Assets1.4B1.6B2.1B1.7B2.0B1.8B
Long Term Debt114.1M114.3M816.7M778M786.2M445.8M
Net Invested Capital1.5B1.7B3.1B2.7B3.1B2.4B

Siriuspoint Key Income Statement Accounts

The reason investors look at the income statement is to determine what Siriuspoint'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)
Operating Income201.3M151.6M(103.8M)(344.7M)2.5B2.6B
Ebit201.3M151.6M4.6B(384.1M)382.8M448.6M
Ebitda201.3M151.6M4.6B(370.2M)393.9M451.8M
Income Before Tax201.3M152.0M45.1M(422.7M)318.7M334.6M
Net Income200.6M143.5M58.1M(386M)354.8M372.5M
Total Revenue979.1M884.6M2.2B66M2.7B2.9B
Gross Profit979.1M884.6M2.2B66M2.7B2.9B
Income Tax Expense713K8.1M(10.7M)(36.7M)(45M)(42.8M)
Tax Provision713K8.1M(10.7M)(36.7M)37M38.9M

Siriuspoint Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash940.6M60.0M234.5M(1.0B)187.6M197.0M
Free Cash Flow141.1M73.4M1.6M293.3M581.3M610.4M
Net Income200.6M143.9M55.8M(386M)363.7M381.9M
End Period Cash Flow1.7B1.7B1.9B913.7M1.1B743.0M
Other Non Cash Items(244.0M)(255.2M)(126.4M)393.6M83.1M87.3M
Depreciation4.0M(4.0M)12M13.9M11.1M11.7M
Dividends Paid2.7M1.3M12.2M16M(16M)(15.2M)
Investments785.4M101.0M(521.7M)(1.3B)(335.7M)(318.9M)
Change To Netincome(237.0M)(248.3M)(410.9M)371M426.7M448.0M

Siriuspoint Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Siriuspoint's current stock value. Our valuation model uses many indicators to compare Siriuspoint value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Siriuspoint competition to find correlations between indicators driving Siriuspoint's intrinsic value. More Info.
Siriuspoint is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Siriuspoint is roughly  6.24 . At this time, Siriuspoint'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 Siriuspoint 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.

Siriuspoint Systematic Risk

Siriuspoint's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Siriuspoint 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Siriuspoint correlated with the market. If Beta is less than 0 Siriuspoint generally moves in the opposite direction as compared to the market. If Siriuspoint Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Siriuspoint is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Siriuspoint is generally in the same direction as the market. If Beta > 1 Siriuspoint moves generally in the same direction as, but more than the movement of the benchmark.

Siriuspoint Thematic Clasifications

Siriuspoint is part of several thematic ideas from Insurance Providers to Banks. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Siriuspoint Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Siriuspoint'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 Siriuspoint growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0311)

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

Siriuspoint November 29, 2024 Opportunity Range

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

Additional Tools for Siriuspoint Stock Analysis

When running Siriuspoint's price analysis, check to measure Siriuspoint'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 Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.