Company Information

  

Address: 15 JOYS LANE  
City: KINGSTON 
State: NY 
Zip Code: 12401 
Telephone: 516 374-7600 

Description of Business

Primary SIC Code: 6331
(As filed with the SEC)  

As used in this Annual Report on Form 10-K (the "Annual Report"), references to the "Company," "we," "us," or "our" refer to Kingstone Companies, Inc. ("Kingstone") and its subsidiaries. We offer property and casualty insurance products to individuals and small businesses through our wholly owned subsidiary, Kingstone Insurance Company ("KICO"), domiciled in the state of New York. KICO is a licensed property and casualty insurance company in New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, Rhode Island, Maine, and New Hampshire. KICO is currently offering its property and casualty insurance products in New York, New Jersey, Rhode Island, Massachusetts, and Pennsylvania. Although in 2018 KICO wrote 93.7% of its direct written premiums in New York, we believe that New Jersey, Connecticut, Massachusetts, Pennsylvania, Rhode Island, Maine, and New Hampshire will represent an increasing portion of the total over the coming years.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2019-0.240.100N/E
03/2019-0.140.100N/E
12/20180.290.10061.00
09/20180.560.10033.93
06/20180.570.10029.65
03/20180.560.10030.00
12/20170.940.08020.00
09/20171.040.08015.67

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity0.05Total Liab/Total Assets0.67
Net Inc/Total Assets0.01Total Liab/Inv Cap0.67
Net Inc/Inv Cap0.01Total Liab/Comm Equity2.73
Pretax Inc/Net Sales0.03Interest Coverage Ratio2.65
Net Inc/Net Sales0.03Curr Debt/EquityNA
Cash Flow/Net Sales0.20LTD/Equity0.35
SG&A/NetSalesNATotal Debt/Equity0.35
Asset Utilization   Liquidity  
Net Receivables Turnover2.71Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E18.78  

Income Statement (Millions)

  6/30/2019 3/31/2019 12/31/2018 9/30/2018
Total Revenues(Net Sales) 34.61 34.90 29.64 30.89
Cost of Goods Sold 30.39 42.12 29.13 25.08
Selling & Admin Exps NA NA NA NA
Operating Income 2.04 -9.26 -1.26 4.22
Interest Exp 0.46 0.46 0.46 0.46
Pretax Income 2.04 -9.26 -1.26 4.22
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.64 -7.34 -0.88 3.93

Balance Sheet (Millions)

Assets 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Cash & Short Term Investments 18.90 15.76 21.14 29.89
Receivables - Total 43.60 40.37 40.33 38.50
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 7.35 6.88 6.06 5.80
Total Assets 289.47 277.39 266.75 263.37
Liabilities        
Accounts Payable 10.68 8.65 8.77 7.83
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 32.19 30.54 31.23 30.98
Total Liabilities 201.80 193.61 178.09 172.01
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.12 0.12 0.12 0.12
Retained Earnings 18.53 17.97 26.38 28.34
Treasury Stock -2.71 -2.71 -2.71 -2.71
Total Stockholders' Equity 87.67 83.78 88.67 91.37
Total Liabilities and Stockholders' Equity 289.47 277.39 266.75 263.37

Cash Flow Summary (Millions)

Categories 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Net Cash Provided by Operating Activities 8.10 2.70 4.10 12.24
Net Cash Provided by Investing Activities -3.91 -6.88 -11.10 -0.34
Net Cash Provided by Financing Activities -1.06 -1.19 -1.75 -1.39

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201450.055.330.72
12/201564.186.960.94
12/201677.448.901.14
12/201792.779.990.94
12/2018113.773.090.29
Growth Rates22.79-12.71-20.34

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/19795,10947.41




Report Date : 9/9/2019

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