Watford Holdings Ltd.
Financials · Fire, Marine & Casualty Insurance · D0 · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|
| Revenue | $676.4M | $687.4M | $575.2M | $607.6M |
| Operating income | — | — | — | — |
| Net income | $64.9M | $62.5M | −$34.9M | $10.7M |
| Total assets | $3.53B | $3.55B | $3.37B | — |
| Total liabilities | $2.54B | $2.63B | $2.26B | — |
| Equity | $941.3M | $872.4M | $889.6M | $947.9M |
| EPS (diluted) | $-13.42 | $2.10 | $-2.40 | $-0.39 |
| Shares out. | 19.9M | 19.9M | 22.7M | 22.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- 9.6%
- Return on equity
- 6.9%
- Return on assets
- 1.8%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 71.9%
- Debt / equity
- 2.70×
- Book value / share
- $47.30
- Revenue growth (YoY)
- −1.6%
- Net income growth (YoY)
- 3.8%
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 · FY2020- Accruals / assets
- −3.6%clean
- Piotroski F-Score
- 6/7mixed
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.
Signs
● 2 warning● 2 good- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Director / officer change · Amended charter or bylawsJul 8, 2021
- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Other material eventJul 2, 2021
- Other material eventApr 12, 2021
- Shareholder voteApr 1, 2021
- Entered a material agreementFeb 19, 2021
- Results of operationsFeb 9, 2021
- Entered a material agreement · Other material eventNov 2, 2020
- Results of operations · Director / officer changeOct 29, 2020
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 ↗- 15-12B/AJul 23, 2021
- 15-12BJul 22, 2021
- SC 13E3/AJul 16, 2021
- 3FORM 3 SUBMISSIONJul 12, 2021
- 3FORM 3 SUBMISSIONJul 12, 2021
- 3FORM 3 -Jul 12, 2021
- 25Jul 12, 2021
- 15-12B15-12GJul 12, 2021
- S-8 POSJul 12, 2021
- 3FORM 3 SUBMISSIONJul 9, 2021
- 3FORM 3 SUBMISSIONJul 9, 2021
- 4FORM 4 SUBMISSIONJul 9, 2021
- 4FORM 4 SUBMISSIONJul 9, 2021
- 8-KJul 8, 2021
- SC 13D/AJul 8, 2021
Event-driven situations (2)
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