Global Indemnity Ltd (GBLI) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Global Indemnity Ltd (GBLI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Global Indemnity Ltd a specialty property and casualty insurer. It offers binding authority, program, brokerage, direct and reinsurance services through its distribution channel in United States. Global Indemnity Ltd has a market cap of $488.050 million; its shares were traded at around $34.30 with and P/S ratio of 1.02. The dividend yield of Global Indemnity Ltd stocks is 2.92%.


For the last quarter Global Indemnity Ltd reported a revenue of $113.3 million, compared with the revenue of $124.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $498.9 million, an increase of 2.8% from last year. For the last five years Global Indemnity Ltd had an average revenue growth rate of 10.1% a year.

The reported loss per diluted share was $4.02 for the year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Global Indemnity Ltd has the cash and cash equivalents of $99.5 million, compared with $74.4 million in the previous year. The long term debt was $288.6 million, compared with $294.7 million in the previous year. Global Indemnity Ltd has a financial strength rank of 4 (out of 10).

At the current stock price of $34.30, Global Indemnity Ltd is traded at 26.7% discount to its historical median P/S valuation band of $46.78. The P/S ratio of the stock is 1.02, while the historical median P/S ratio is 1.37. The stock lost 3.3% during the past 12 months.

For the complete 20-year historical financial data of GBLI, click here.

This article first appeared on GuruFocus.


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