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$ 5.35 3.08%

Annual report 2023
added 03-14-2024

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Citizens Balance Sheet 2011-2025 | CIA

Annual Balance Sheet Citizens

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - -34.1 M 30.9 M -45.5 M -46.1 M -35.5 M -82.8 M -50.7 M -54.6 M -56.3 M -33.3 M

Total Non Current Liabilities

- - - - 12.4 M 5.71 M 50.8 M 76.9 M 68.8 M - 1.7 M 17.3 M 18.1 M

Total Liabilities

1.5 B 1.46 B 1.53 B 1.54 B 1.49 B 1.43 B 1.42 B 1.33 B 1.24 B 1.16 B 970 M 912 M 836 M

Deferred Revenue

- - - 9.56 M - - - - - - - - -

Retained Earnings

42.2 M 16.3 M -45.6 M -82.4 M -71 M -69.6 M -54.4 M -16.2 M -22.6 M -19 M -12.5 M -17.3 M -14.2 M

Total Assets

1.67 B 1.59 B 1.85 B 1.84 B 1.74 B 1.62 B 1.64 B 1.58 B 1.48 B 1.42 B 1.22 B 1.17 B 1.09 B

Cash and Cash Equivalents

27 M 23 M 27.3 M 34.1 M 46.2 M 45.5 M 46.1 M 35.5 M 82.8 M 50.7 M 54.6 M 56.3 M 33.3 M

Book Value

172 M 128 M 321 M 301 M 260 M 188 M 224 M 249 M 243 M 258 M 246 M 263 M 256 M

Total Shareholders Equity

172 M 128 M 100 M 301 M 260 M 188 M 224 M 249 M 247 M 262 M 246 M 263 M 248 M

All numbers in USD currency

Quarterly Balance Sheet Citizens

2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Total Liabilities

1.48 B 1.48 B - 1.56 B - 1.54 B 1.53 B 1.57 B 1.54 B 1.54 B 1.54 B 1.54 B 1.54 B 1.54 B 1.49 B 1.49 B 1.49 B 1.49 B 1.43 B 1.43 B 1.43 B 1.43 B 1.42 B 1.42 B 1.42 B 1.42 B 1.33 B 1.33 B 1.33 B 1.33 B 1.23 B 1.24 B 1.24 B 1.24 B 1.16 B 1.16 B 1.16 B 1.16 B 970 M 970 M 970 M 970 M 912 M 912 M 912 M 912 M 831 M 831 M 831 M 831 M

Retained Earnings

27.3 M 21.2 M - -55.6 M - -46.9 M -45.6 M -83.7 M -80.9 M -85.9 M -82.4 M -82.4 M -82.4 M -82.4 M -71 M -71 M -71 M -71 M -69.6 M -69.6 M -69.6 M -69.6 M -54.4 M -54.4 M -54.4 M -54.4 M -16.2 M -16.2 M -16.2 M -16.2 M -18.2 M -22.6 M -22.6 M -22.6 M -19 M -19 M -19 M -19 M -12.5 M -12.5 M -12.5 M -12.5 M -17.3 M -17.3 M -17.3 M -17.3 M -21.9 M -21.9 M -21.9 M -21.9 M

Total Assets

1.62 B 1.64 B - 1.54 B - 1.73 B 1.85 B 1.83 B 1.81 B 1.78 B 1.84 B 1.84 B 1.84 B 1.84 B 1.74 B 1.74 B 1.74 B 1.74 B 1.62 B 1.62 B 1.62 B 1.62 B 1.64 B 1.64 B 1.64 B 1.64 B 1.58 B 1.58 B 1.58 B 1.58 B 1.48 B 1.48 B 1.48 B 1.48 B 1.42 B 1.42 B 1.42 B 1.42 B 1.22 B 1.22 B 1.22 B 1.22 B 1.17 B 1.17 B 1.17 B 1.17 B 1.08 B 1.08 B 1.08 B 1.08 B

Cash and Cash Equivalents

20.9 M 18.9 M - 21 M 22.4 M 21.3 M 27.3 M 30.1 M 30.1 M 19.5 M 34.1 M 34.1 M 34.1 M 34.1 M 46.2 M 46.2 M 46.2 M 46.2 M 45.5 M 45.5 M 45.5 M 45.5 M 46.1 M 46.1 M 46.1 M 46.1 M 35.5 M 35.5 M 35.5 M 35.5 M 82.8 M 82.8 M 82.8 M 82.8 M 50.7 M 50.7 M 50.7 M 50.7 M 54.6 M 54.6 M 54.6 M 54.6 M 56.3 M 56.3 M 56.3 M 56.3 M 33.3 M 33.3 M 33.3 M 33.3 M

Book Value

147 M 154 M - -14.2 M - 197 M 321 M 265 M 269 M 241 M 301 M 301 M 301 M 301 M 260 M 260 M 260 M 260 M 188 M 188 M 188 M 188 M 224 M 224 M 224 M 224 M 249 M 249 M 249 M 249 M 247 M 243 M 243 M 243 M 258 M 258 M 258 M 258 M 246 M 246 M 246 M 246 M 263 M 263 M 263 M 263 M 248 M 248 M 248 M 248 M

Total Shareholders Equity

147 M 154 M - -14.2 M 123 M 125 M 321 M 265 M 269 M 241 M 301 M 301 M 301 M 301 M 260 M 260 M 260 M 260 M 188 M 188 M 188 M 188 M 224 M 224 M 224 M 224 M 249 M 249 M 249 M 249 M 247 M 243 M 243 M 243 M 262 M 258 M 258 M 258 M 249 M 246 M 246 M 246 M 263 M 263 M 263 M 263 M 248 M 248 M 248 M 248 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Citizens, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Insurance life

Issuer Price % 24h Market Cap Country
FBL Financial Group, Inc. FBL Financial Group, Inc.
FFG
- 0.03 % $ 1.49 B usaUSA
GWG Holdings, Inc. GWG Holdings, Inc.
GWGH
- -7.07 % $ 95.7 M usaUSA
Brighthouse Financial Brighthouse Financial
BHF
$ 65.35 -0.08 % $ 4 B usaUSA
American Equity Investment Life Holding Company American Equity Investment Life Holding Company
AEL
- 0.55 % $ 4.49 B usaUSA
Globe Life Globe Life
GL
$ 140.43 0.71 % $ 12.5 B usaUSA
Independence Holding Company Independence Holding Company
IHC
- 0.12 % $ 831 M usaUSA
China Life Insurance Company Limited China Life Insurance Company Limited
LFC
- -0.77 % $ 101 B chinaChina
CNO Financial Group CNO Financial Group
CNO
$ 42.83 3.87 % $ 4.55 B usaUSA
Genworth Financial Genworth Financial
GNW
$ 8.99 1.35 % $ 3.9 B usaUSA
Manulife Financial Corporation Manulife Financial Corporation
MFC
$ 35.72 0.66 % $ 35.3 B canadaCanada
Aflac Incorporated Aflac Incorporated
AFL
$ 111.61 1.42 % $ 62.8 B usaUSA
Atlantic American Corporation Atlantic American Corporation
AAME
$ 2.39 -3.63 % $ 48.8 M usaUSA
Lincoln National Corporation Lincoln National Corporation
LNC
$ 45.15 0.18 % $ 7.7 B usaUSA
Prudential plc Prudential plc
PUK
$ 29.91 2.94 % $ 63.9 B britainBritain
MetLife MetLife
MET
$ 82.64 0.6 % $ 66.4 B usaUSA
National Western Life Group National Western Life Group
NWLI
- - $ 1.82 B usaUSA
Primerica Primerica
PRI
$ 258.38 0.17 % $ 8.82 B usaUSA
Prudential Financial Prudential Financial
PRU
$ 117.54 0.48 % $ 42 B usaUSA
Unum Group Unum Group
UNM
$ 77.12 -0.06 % $ 14.5 B usaUSA
Vericity Vericity
VERY
- - $ 170 M usaUSA