ProAssurance Financials

PRA Stock  USD 16.72  0.01  0.06%   
Based on the measurements of operating efficiency obtained from ProAssurance's historical financial statements, ProAssurance is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At present, ProAssurance's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 48.3 M, whereas Total Assets are forecasted to decline to about 3.9 B. Key indicators impacting ProAssurance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.40.3841
Sufficiently Up
Slightly volatile
Current Ratio0.02120.0223
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for ProAssurance includes many different criteria found on its balance sheet. An individual investor should monitor ProAssurance's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in ProAssurance.

Cash And Equivalents

25.61 Million

  
Understanding current and past ProAssurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ProAssurance's financial statements are interrelated, with each one affecting the others. For example, an increase in ProAssurance's assets may result in an increase in income on the income statement.
Please note, the presentation of ProAssurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ProAssurance's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ProAssurance's management manipulating its earnings.

ProAssurance Stock Summary

ProAssurance competes with Progressive Corp, Chubb, Allstate, and CNA Financial. ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company was founded in 1976 and is headquartered in Birmingham, Alabama. Pro-Assurance Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1021 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS74267C1062
CUSIP74267C106 58449U100 55261V109
LocationAlabama; U.S.A
Business Address100 Brookwood Place,
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.proassurance.com
Phone205 877 4400
CurrencyUSD - US Dollar

ProAssurance Key Financial Ratios

ProAssurance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.0B6.6B6.4B5.6B3.9B
Retained Earnings1.5B1.3B1.4B1.4B1.4B952.6M
Other Assets(1.8B)(2.0B)(3.1B)5.7B4.8B2.5B
Total Liab3.3B3.3B4.8B4.6B4.5B2.6B
Common Stock631K632K633K634K636K604.2K
Other Liab1.8B2.5B3.8B3.6B4.2B4.4B
Accounts Payable52.9M40.0M22.6M28.5M24.0M22.8M
Cash175.4M215.8M143.6M30.0M65.9M103.6M
Other Current Liab(52.9M)(41.6M)(22.6M)(28.5M)2.9B1.7B
Net Debt132.5M89.0M302.2M417.0M378.4M397.3M
Long Term Debt285.8M284.7M425.0M427.0M302.1M237.0M
Net Receivables653.0M600.9M707.4M693.3M702.3M505.9M
Total Current Assets3.5B3.6B4.9B419.8M65.9M62.6M
Intangible Assets70.8M65.7M73.3M66.8M60.3M67.0M
Other Current Assets772.8M773.9M609.6M(4.0B)541.3M568.3M
Net Tangible Assets1.2B1.2B1.3B987.6M888.8M1.2B
Long Term Debt Total285.8M284.7M425.0M427.0M491.0M308.5M
Capital Surpluse384.6M388.2M392.9M397.9M358.1M319.7M

ProAssurance Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense16.6M15.5M19.7M20.4M23.2M24.3M
Total Revenue1.0B886.9M1.1B1.1B1.1B648.1M
Gross Profit1.0B886.9M1.1B1.1B1.1B648.0M
Operating Income(38.0M)(223.5M)137.7M14.2M(37.0M)(35.1M)
Ebit(38.0M)(201.6M)166.3M14.2M(16.0M)(15.2M)
Ebitda(19.4M)(180.2M)203.6M52.2M10.0M9.5M
Income Before Tax(28.8M)(217.1M)146.6M(6.2M)(39.1M)(37.2M)
Net Income1.0M(175.7M)144.1M(402K)(38.6M)(36.7M)
Income Tax Expense(29.8M)(41.3M)2.5M(5.8M)(545K)(517.8K)
Tax Provision(29.8M)(41.3M)2.5M(5.8M)(3.1M)(3.2M)
Interest Income26.7M27.4M29.3M15.5M17.8M20.2M
Net Interest Income(16.6M)(15.5M)(19.7M)(20.4M)(22.0M)(23.1M)

ProAssurance Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash94.9M40.4M(72.2M)(113.6M)35.9M37.7M
Free Cash Flow138.6M84.9M70.1M(34.2M)(54.7M)(51.9M)
Depreciation18.7M21.4M37.2M38.1M26.0M22.2M
Other Non Cash Items(25.3M)203.1M(126.0M)58.8M41.2M43.2M
Capital Expenditures9.6M7.5M3.8M4.4M4.8M3.2M
Net Income1.0M(175.7M)144.1M(402K)(38.6M)(36.7M)
End Period Cash Flow175.4M215.8M143.6M30.0M65.9M78.0M
Dividends Paid93.2M38.7M10.8M10.8M5.4M5.1M
Change To Netincome(84.8M)691K700K57.0M65.5M68.8M
Investments236.4M(8.5M)110.0M(62.0M)167.1M138.5M
Net Borrowings(124.4M)(1.4M)(1.5M)(36.1M)(32.5M)(30.9M)

ProAssurance Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ProAssurance's current stock value. Our valuation model uses many indicators to compare ProAssurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ProAssurance competition to find correlations between indicators driving ProAssurance's intrinsic value. More Info.
ProAssurance is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ProAssurance is roughly  4.03 . At present, ProAssurance's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ProAssurance's earnings, one of the primary drivers of an investment's value.

ProAssurance Systematic Risk

ProAssurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ProAssurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on ProAssurance correlated with the market. If Beta is less than 0 ProAssurance generally moves in the opposite direction as compared to the market. If ProAssurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ProAssurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ProAssurance is generally in the same direction as the market. If Beta > 1 ProAssurance moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ProAssurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ProAssurance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ProAssurance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.001829)

At present, ProAssurance's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

ProAssurance November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ProAssurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ProAssurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of ProAssurance based on widely used predictive technical indicators. In general, we focus on analyzing ProAssurance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ProAssurance's daily price indicators and compare them against related drivers.

Complementary Tools for ProAssurance Stock analysis

When running ProAssurance's price analysis, check to measure ProAssurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.
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