The company has successfully bolstered its solvency profile, with total equity surging to $1.1 billion by 2026Q1 to support its $2.7 billion asset base.
| Total Assets | 2.73B | 0 | 1.93B | 1.08B | 704.97M |
| Asset Growth % | 83.37% | -100% | 79.43% | 52.73% | - |
| Total Investment Assets | 3M | 0 | 469.51M | 275.43M | 28.5M |
| Long-Term Investments | 856.36M | 0 | 412.85M | 249.39M | 28.5M |
| Short-Term Investments | 716.04M | 0 | 56.67M | 26.04M | 0 |
| Total Current Assets | 2B | 0 | 1.4B | 741.01M | 605.94M |
| Cash & Equivalents | 1.22B | 0 | 493.41M | 334.55M | 176.65M |
| Receivables | 805.87M | 0 | 404.55M | 188.53M | 341.92M |
| Other Current Assets | 0 | 0 | 296.43M | 107.82M | 52.54M |
| Goodwill & Intangibles | 177.53M | 0 | 75.34M | 61.16M | 52.31M |
| Goodwill | 2.6M | 0 | 2.6M | 2.6M | 2.6M |
| Intangible Assets | 30K | 0 | 72.74M | 58.55M | 49.71M |
| PP&E (Net) | 28.29M | 0 | 21.97M | 12.48M | 12.93M |
| Other Assets | 0 | 0 | 865K | 1.19M | 2.71M |
| Total Liabilities | 1.77B | 0 | 1.5B | 839.1M | 569.62M |
| Total Debt | 9.29M | 0 | 48.25M | 42.31M | 32.13M |
| Net Debt | -1.22B | 0 | -445.16M | -292.24M | -144.52M |
| Long-Term Debt | 0 | 0 | 39.19M | 35.09M | 24.14M |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 117.29M | 0 | 1.44B | 790.47M | 537.16M |
| Accounts Payable | 0 | 0 | 92.56M | 42.48M | 12.31M |
| Deferred Revenue | 90K | 0 | 708.36M | 470.73M | 190.98M |
| Other Current Liabilities | 117.2M | 0 | 595.69M | 249.95M | 323.42M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.65B | 0 | 8.66M | 6.24M | 245K |
| Total Equity | 1.11B | 0 | 433.16M | 237.6M | 135.34M |
| Equity Growth % | 322.72% | -100% | 82.31% | 75.55% | - |
| Shareholders Equity | 1.11B | 0 | 433.16M | 237.6M | 135.34M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 892.68M | 0 | 309.19M | 108.07M | 20.69M |
| Common Stock | 1.18M | 0 | 562K | 102K | 112K |
| Accumulated OCI | 1.42M | 0 | 285K | 2.59M | -458K |
| Return on Equity (ROE) | 66.67% | - | 59.97% | 46.86% | 16.48% |
| Return on Assets (ROA) | 23.86% | - | 13.37% | 9.81% | 3.16% |
| Equity / Assets | 40.79% | - | 22.42% | 22.07% | 19.2% |
| Debt / Equity | 0.01x | - | 0.11x | 0.18x | 0.24x |
| Book Value per Share | 8.15 | - | 3.47 | 1.90 | 6.43 |
| Tangible BV per Share | 8.13 | 0.00 | 2.86 | 1.41 | 3.94 |
Florida catastrophe reinsurance dependency
As reported in recent financial statements, Slide's total assets grew to $2.7 billion by 2026Q1, reflecting a sustained trajectory of balance sheet expansion driven by the aggressive acquisition of policy portfolios and the subsequent accumulation of premiums within the company's Florida-centric homeowners' insurance operations.
The consistent growth in total assets from $1.1 billion in 2023Q4 to $2.7 billion in 2026Q1 suggests that the company is successfully scaling its footprint in a challenging market. This trajectory appears to be supported by a corresponding increase in equity, which rose from $237.6 million to $1.1 billion over the same period, indicating that the company is effectively retaining earnings to bolster its capital base.
Based on the provided balance sheet data, claims and loss reserves reached $111.1 million in 2026Q1, which appears to be a measured response to the company's rapid expansion of policies in force and the inherent volatility of the Florida property insurance market environment.
The fluctuation in loss reserves, which peaked at $133.7 million in 2024Q3, suggests that management is actively adjusting its liability profile to account for seasonal catastrophe risks. Investors should monitor whether these reserve levels remain sufficient to cover potential adverse development, especially given the company's reliance on rapid portfolio integration.
According to the company's reported figures, equity has surged to $1.1 billion as of 2026Q1, providing a substantial capital buffer that appears to enhance the firm's solvency profile against the backdrop of its significant exposure to localized Florida catastrophic events and regulatory shifts.
The rapid accumulation of equity relative to total liabilities suggests a strengthening capital position that may provide management with greater flexibility for future growth or capital management initiatives. This trend warrants further investigation to determine if the capital growth is primarily driven by organic underwriting success or external capital injections.
As indicated by the financial data, Slide's balance sheet is heavily concentrated in Florida, which may expose the company to significant tail risk if legislative reforms or catastrophic events deviate from the actuarial assumptions currently embedded in the company's loss reserve and reinsurance strategy.
While the current balance sheet appears healthy, the lack of geographic diversification suggests that the company's solvency is intrinsically linked to the stability of the Florida insurance regulatory environment. Investors should consider that any reversal in the current favorable litigation trends could rapidly impact the company's capital adequacy and reserve requirements.
Quick answers to the most common questions about buying SLDE stock.
As of 2025, Slide Insurance Holdings, Inc. Common Stock (SLDE) had total assets of $0.0M including $0.0M in current assets.
Slide Insurance Holdings, Inc. Common Stock (SLDE) carries total debt of $0.0M, offset by $0.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Slide Insurance Holdings, Inc. Common Stock (SLDE) has total shareholders' equity (book value) of $0.0M. Book value represents the net worth of the company belonging to common stock holders.