Military Insurance Corp
VN:MIG
Balance Sheet
Balance Sheet Decomposition
Military Insurance Corp
Military Insurance Corp
Balance Sheet
Military Insurance Corp
| Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & Cash Equivalents |
40 778
|
33 367
|
156 257
|
12 745
|
12 086
|
8 613
|
91 662
|
181 584
|
329 566
|
227 398
|
|
| Cash |
12 778
|
7 867
|
21 257
|
12 745
|
12 086
|
8 613
|
91 662
|
181 584
|
329 566
|
227 398
|
|
| Cash Equivalents |
28 000
|
25 500
|
135 000
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
129 826
|
153 898
|
158 201
|
213 259
|
184 899
|
211 265
|
241 080
|
300 233
|
226 175
|
213 164
|
|
| Insurance Receivable |
181 630
|
110 079
|
239 770
|
344 637
|
176 732
|
144 476
|
423 642
|
131 113
|
118 996
|
314 357
|
|
| Total Current Assets |
129 826
|
153 898
|
158 201
|
213 259
|
184 899
|
211 265
|
241 080
|
300 233
|
226 175
|
213 164
|
|
| PP&E Net |
385 740
|
370 715
|
402 636
|
400 707
|
404 435
|
408 707
|
398 332
|
419 371
|
469 443
|
422 209
|
|
| PP&E Gross |
385 740
|
370 715
|
402 636
|
400 707
|
404 435
|
408 707
|
398 332
|
419 371
|
469 443
|
422 209
|
|
| Accumulated Depreciation |
42 061
|
42 652
|
20 568
|
24 411
|
28 911
|
34 551
|
40 784
|
44 691
|
53 596
|
65 887
|
|
| Intangible Assets |
17 120
|
17 052
|
17 576
|
19 267
|
18 975
|
22 374
|
27 072
|
37 587
|
54 761
|
107 452
|
|
| Note Receivable |
11 903
|
12 807
|
12 491
|
12 096
|
13 141
|
16 216
|
15 635
|
15 023
|
17 018
|
17 936
|
|
| Long-Term Investments |
1 654 510
|
1 682 613
|
1 890 976
|
2 808 130
|
3 157 939
|
3 409 174
|
3 611 083
|
3 872 022
|
4 263 000
|
5 093 000
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
0
|
285
|
0
|
0
|
7
|
|
| Other Assets |
528 393
|
618 287
|
799 657
|
1 103 010
|
1 582 636
|
2 346 632
|
3 736 523
|
3 862 232
|
4 355 988
|
4 878 724
|
|
| Total Assets |
2 949 899
N/A
|
2 998 819
+2%
|
3 677 564
+23%
|
4 913 851
+34%
|
5 550 843
+13%
|
6 567 457
+18%
|
8 545 314
+30%
|
8 819 165
+3%
|
9 834 946
+12%
|
11 274 247
+15%
|
|
| Liabilities | |||||||||||
| Insurance Policy Liabilities |
1 248 699
|
1 572 845
|
1 718 433
|
2 125 633
|
2 462 487
|
3 086 118
|
4 039 413
|
4 042 182
|
4 862 499
|
5 177 046
|
|
| Accounts Payable |
140 197
|
147 254
|
216 795
|
272 425
|
296 014
|
259 648
|
458 646
|
531 269
|
446 151
|
695 167
|
|
| Accrued Liabilities |
68 004
|
39 922
|
83 654
|
126 778
|
157 900
|
128 614
|
161 837
|
180 655
|
160 357
|
311 950
|
|
| Short-Term Debt |
233 003
|
204 372
|
80 619
|
68 391
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
347 702
|
98 272
|
511 359
|
749 901
|
989 325
|
1 219 212
|
1 850 675
|
1 806 450
|
1 856 619
|
1 673 511
|
|
| Total Current Liabilities |
788 906
|
489 820
|
892 427
|
1 217 495
|
1 443 239
|
1 607 474
|
2 471 158
|
2 518 374
|
2 463 127
|
2 680 628
|
|
| Long-Term Debt |
8 000
|
4 000
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
300
|
59
|
0
|
|
| Minority Interest |
7 178
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
50 318
|
49 329
|
78 296
|
91 036
|
110 017
|
126 580
|
142 245
|
177 049
|
379 002
|
788 849
|
|
| Total Liabilities |
2 103 102
N/A
|
2 115 995
+1%
|
2 689 155
+27%
|
3 434 163
+28%
|
4 015 744
+17%
|
4 820 172
+20%
|
6 652 815
+38%
|
6 737 906
+1%
|
7 704 687
+14%
|
8 646 523
+12%
|
|
| Equity | |||||||||||
| Common Stock |
800 000
|
800 000
|
840 000
|
1 300 000
|
1 300 000
|
1 430 000
|
1 644 500
|
1 726 725
|
1 726 725
|
2 115 035
|
|
| Retained Earnings |
46 797
|
82 824
|
148 409
|
179 689
|
235 100
|
317 285
|
247 999
|
354 534
|
403 535
|
512 689
|
|
| Total Equity |
846 797
N/A
|
882 824
+4%
|
988 409
+12%
|
1 479 689
+50%
|
1 535 100
+4%
|
1 747 285
+14%
|
1 892 499
+8%
|
2 081 259
+10%
|
2 130 260
+2%
|
2 627 724
+23%
|
|
| Total Liabilities & Equity |
2 949 899
N/A
|
2 998 819
+2%
|
3 677 564
+23%
|
4 913 851
+34%
|
5 550 843
+13%
|
6 567 457
+18%
|
8 545 314
+30%
|
8 819 165
+3%
|
9 834 946
+12%
|
11 274 247
+15%
|
|
| Shares Outstanding | |||||||||||
| Common Shares Outstanding |
111
|
117
|
117
|
164
|
164
|
164
|
193
|
193
|
193
|
212
|
|