Vericity Inc
NASDAQ:VERY
Balance Sheet
Balance Sheet Decomposition
Vericity Inc
Cash & Short-Term Investments | 8m |
Deferred Policy Acquisition Cost | 88.1m |
Long-Term Investments | 363.4m |
Other Assets | 363.3m |
Insurance Policy Liabilities | 630.5m |
Long Term Debt | 39.8m |
Other Liabilities | 42.3m |
Balance Sheet
Vericity Inc
Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Cash & Cash Equivalents |
19
|
12
|
21
|
38
|
36
|
22
|
10
|
8
|
|
Cash Equivalents |
19
|
12
|
21
|
38
|
36
|
22
|
10
|
8
|
|
Deferred Policy Acquisition Cost |
81
|
82
|
85
|
86
|
87
|
96
|
90
|
88
|
|
Intangible Assets |
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
|
Long-Term Investments |
385
|
393
|
368
|
408
|
425
|
408
|
354
|
363
|
|
Other Long-Term Assets |
4
|
5
|
11
|
9
|
11
|
13
|
28
|
32
|
|
Other Assets |
163
|
173
|
169
|
179
|
208
|
247
|
286
|
329
|
|
Total Assets |
654
N/A
|
666
+2%
|
655
-2%
|
722
+10%
|
769
+7%
|
788
+2%
|
770
-2%
|
823
+7%
|
|
Liabilities | |||||||||
Insurance Policy Liabilities |
439
|
456
|
455
|
475
|
523
|
565
|
595
|
631
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
3
|
4
|
6
|
4
|
7
|
9
|
|
Total Current Liabilities |
0
|
0
|
3
|
4
|
6
|
4
|
7
|
9
|
|
Long-Term Debt |
0
|
0
|
10
|
17
|
25
|
22
|
30
|
40
|
|
Other Liabilities |
12
|
14
|
15
|
14
|
20
|
23
|
27
|
33
|
|
Total Liabilities |
451
N/A
|
470
+4%
|
483
+3%
|
509
+6%
|
574
+13%
|
615
+7%
|
659
+7%
|
713
+8%
|
|
Equity | |||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
197
|
188
|
175
|
164
|
139
|
122
|
102
|
92
|
|
Additional Paid In Capital |
0
|
0
|
0
|
40
|
40
|
40
|
40
|
40
|
|
Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
17
|
11
|
30
|
21
|
|
Other Equity |
6
|
8
|
2
|
9
|
0
|
0
|
0
|
0
|
|
Total Equity |
203
N/A
|
196
-3%
|
172
-12%
|
212
+23%
|
195
-8%
|
173
-11%
|
111
-36%
|
110
-1%
|
|
Total Liabilities & Equity |
654
N/A
|
666
+2%
|
655
-2%
|
722
+10%
|
769
+7%
|
788
+2%
|
770
-2%
|
823
+7%
|
|
Shares Outstanding | |||||||||
Common Shares Outstanding |
15
|
15
|
15
|
15
|
15
|
15
|
15
|
15
|