FedNat Holding Co
Financials · Fire, Marine & Casualty Insurance · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | |
|---|---|---|---|---|---|---|
| Revenue | $245.5M | $431.9M | $415.0M | $396.1M | $391.7M | $69.0M |
| Operating income | — | — | — | — | — | — |
| Net income | −$103.1M | −$78.2M | $1.0M | $14.9M | $8.0M | $9.5M |
| Total assets | $1.41B | $1.43B | $1.18B | $925.4M | $904.9M | $813.1M |
| Total liabilities | $1.35B | $1.27B | $930.3M | $710.1M | $677.4M | $575.3M |
| Equity | $59.4M | $158.2M | $248.7M | $215.3M | $211.6M | $219.1M |
| EPS (diluted) | $-6.18 | $-5.64 | $0.08 | $1.16 | $0.60 | $-0.01 |
| Shares out. | 13.7M | 14.2M | 12.8M | 12.7M | 13.9M | 14.2M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2021- Operating margin
- —
- Net margin
- −42.0%
- Return on equity
- −173.6%
- Return on assets
- −7.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 95.8%
- Debt / equity
- 22.79×
- Book value / share
- $4.33
- Revenue growth (YoY)
- −43.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2021- Accruals / assets
- 6.2%moderate
- Piotroski F-Score
- 1/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 4 warning● 0 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Q/Amissed a reporting deadline ↗Aug 16, 2022
- NT 10-Qmissed a reporting deadline ↗Aug 10, 2022
- NT 10-Q/Amissed a reporting deadline ↗May 16, 2022
- NT 10-Qmissed a reporting deadline ↗May 10, 2022
- NT 10-K/Amissed a reporting deadline ↗Mar 31, 2022
- NT 10-Kmissed a reporting deadline ↗Mar 16, 2022
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Jordan Ronald ArthurOfficer — Chief Financial Officer | Mar 31, 2021 | Grant | 40,602 | $0.00 |
| Rogers Thomas AlexanderDirector | Mar 31, 2021 | Grant | 7,257 | $0.00 |
| Braun Michael HOfficer — Chief Executive Officer & Pres | Mar 31, 2021 | Grant | 108,863 | $0.00 |
| Wilcox Richard W JrDirector | Mar 31, 2021 | Grant | 5,443 | $0.00 |
| Patterson David K.Director | Mar 31, 2021 | Grant | 7,257 | $0.00 |
| Mccahill PatrickOfficer — Chief Operating Officer | Mar 31, 2021 | Grant | 24,272 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Director / officer change · Regulation FD disclosureDec 12, 2022
- Terminated a material agreement · Debt acceleration / triggering event · Director / officer change · Other material eventNov 4, 2022
- Delisting / listing-standard notice · Regulation FD disclosureOct 26, 2022
- Debt acceleration / triggering eventSep 23, 2022
- Debt acceleration / triggering eventSep 21, 2022
- Completed an acquisition or disposition · Director / officer changeSep 12, 2022
- Delisting / listing-standard notice · Regulation FD disclosureAug 19, 2022
- Changed auditorJul 28, 2022
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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