Kinsale Capital Group, Inc. balance sheet
At the end of fiscal 2025, Kinsale Capital Group, Inc. had total assets of $6.04bn, total liabilities of $4.08bn and shareholders' equity of $1.96bn. It held $163m in cash against $226m of debt: net debt of $62.6m.
Balance sheet
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 24 | 25 | 51 | 82 | 75 | 100 | 77 | 121 | 156 | 127 | 113 | 163 | 161 |
| Total assets | — | 545 | 614 | 668 | 773 | 1,091 | 1,547 | 2,026 | 2,747 | 3,773 | 4,887 | 6,044 | 6,431 |
| Long-term debt | — | — | — | — | — | — | — | 43 | 196 | 184 | 184 | 224 | 225 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43 | 196 | 184 | 184 | 226 | 225 |
| Total liabilities | — | 432 | 404 | 430 | 509 | 685 | 971 | 1,326 | 2,002 | 2,686 | 3,403 | 4,084 | 4,512 |
| Shareholders' equity | 93 | 113 | 210 | 238 | 264 | 406 | 576 | 699 | 745 | 1,087 | 1,484 | 1,960 | 1,919 |
| Net debt (negative = net cash) | −24 | −25 | −51 | −82 | −75 | −100 | −77 | −78 | 39 | 57 | 71 | 63 | 64 |
| Shares outstanding | — | — | 21m | 21m | 21m | 22m | 23m | 23m | 23m | 23m | 23m | 23m | 23m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 4,887 | 5,215 | 5,557 | 5,833 | 6,044 | 6,215 | 6,429 | 6,431 |
| Long-term debt | 184 | 184 | 184 | 199 | 224 | 224 | 225 | 225 |
| Total debt | 184 | 184 | 184 | 199 | 224 | 224 | 225 | 225 |
| Total liabilities | 3,403 | 3,632 | 3,834 | 3,968 | 4,084 | 4,248 | 4,394 | 4,512 |
| Shareholders' equity | 1,484 | 1,583 | 1,723 | 1,865 | 1,960 | 1,967 | 2,035 | 1,919 |
| Shares outstanding | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m |
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