GTS · Triple-S Management Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | $3.70B | $3.38B | $3.00B | $2.92B | $2.98B | $2.90B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $655.90M | $569.41M | $554.72M | $477.21M | $493.89M | $518.72M |
| D&A | $13.87M | $13.88M | $12.58M | $12.34M | - | $16.38M |
| Operating Income | $91.73M | $132.25M | ($93.17M) | $78.98M | $11.09M | $57.13M |
| Interest Expense | $7.99M | $7.67M | $6.90M | $6.79M | $7.63M | $8.17M |
| Income Tax | $24.57M | $39.38M | ($29.87M) | $24.50M | ($6.34M) | $5.10M |
| Net Income | $67.19M | $92.89M | ($63.30M) | $54.49M | $17.44M | $52.12M |
| EPS - Basic | $2.90 | $3.98 | ($2.76) | $2.27 | $0.71 | $2.03 |
| EPS - Diluted | $2.88 | $3.97 | ($2.76) | $2.26 | $0.71 | $2.02 |
Balance Sheet
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $110.99M | $109.84M | $117.54M | $198.94M | $103.43M | $197.82M |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $3.09B | $2.82B | $2.76B | $3.12B | $2.22B | $2.21B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | $52.75M | $25.69M | $28.88M | $32.07M | $35.09M | $36.83M |
| Total Liabilities | $2.12B | $1.88B | $1.94B | $2.20B | $1.36B | $1.36B |
| Stockholders' Equity | $968.23M | $943.87M | $821.98M | $913.36M | $863.16M | $847.53M |
| Retained Earnings | $897.22M | $830.20M | $761.97M | $785.39M | $730.90M | $713.47M |
Cash Flow
| Line item | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $257.85M | ($16.83M) | $7.46M | $6.47M | $6.47M | $229.09M |
| Investing Cash Flow | ($252.03M) | ($38.29M) | ($32.85M) | ($86.30M) | ($86.30M) | ($51.38M) |
| Financing Cash Flow | ($4.67M) | $47.41M | ($56.00M) | ($14.56M) | ($14.56M) | ($89.94M) |
| CapEx | $57.87M | $20.82M | $19.84M | $21.36M | $4.75M | $9.09M |
| Free Cash Flow | $199.97M | ($37.65M) | ($12.38M) | ($14.89M) | $1.72M | $220.00M |
Ratios
| Metric | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 2.5% | 3.9% | -3.1% | 2.7% | 0.4% | 2.0% |
| EBITDA margin | 2.9% | 4.3% | -2.7% | 3.1% | - | 2.5% |
| Net margin | 1.8% | 2.8% | -2.1% | 1.9% | 0.6% | 1.8% |
| Free cash flow margin | 5.4% | -1.1% | -0.4% | -0.5% | 0.1% | 7.6% |
| FCF / Net income | 2.98 | -0.41 | 0.20 | -0.27 | 0.10 | 4.22 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 26.8% | 29.8% | - | 31.0% | -57.2% | 8.9% |
| Return on assets | 2.2% | 3.3% | -2.3% | 1.7% | 0.8% | 2.4% |
| Return on equity | 6.9% | 9.8% | -7.7% | 6.0% | 2.0% | 6.1% |
| Return on invested capital | 6.6% | 9.6% | -8.7% | 5.8% | 1.2% | 5.9% |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | 0.05 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Debt / Assets | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |
| Debt / EBITDA | 0.50 | 0.18 | - | 0.35 | - | 0.50 |
| Interest coverage | 11.5x | 17.2x | -13.5x | 11.6x | 1.5x | 7.0x |
| Equity multiplier | 3.19 | 2.99 | 3.36 | 3.41 | 2.57 | 2.60 |
| Liabilities / Assets | 0.69 | 0.67 | 0.70 | 0.71 | 0.61 | 0.62 |
| Efficiency | ||||||
| Asset turnover | 1.20 | 1.20 | 1.09 | 0.94 | 1.35 | 1.32 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 9.7% | 12.7% | 2.7% | -2.3% | 2.8% | 25.1% |
| Revenue CAGR (3y) | 8.3% | 4.2% | 1.1% | 7.9% | 7.8% | 6.2% |
| Revenue CAGR (5y) | 5.0% | 7.8% | 4.7% | 3.8% | 8.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -30.6% | - | - | 612.4% | -80.6% | -13.5% |
| Net income growth (YoY) | -27.7% | - | - | 212.5% | -66.5% | -20.6% |
| EPS growth (YoY) | -27.5% | - | - | 218.3% | -64.9% | -16.2% |
| EPS CAGR (3y) | 8.4% | 77.5% | - | -2.1% | -29.3% | 2.1% |
| EPS CAGR (5y) | 7.4% | 10.5% | - | 3.5% | -21.2% | - |
| FCF growth (YoY) | - | -204.1% | 16.8% | - | -99.2% | 109.6% |
| FCF CAGR (5y) | -1.9% | - | - | - | -50.2% | - |
| Book value growth (YoY) | 2.6% | 14.8% | -10.0% | 5.8% | 1.8% | -1.3% |
Stability scores
Piotroski F-score
FY 2020 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- -Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Accident & Health Insurance
Comparing TRIPLE-S MANAGEMENT CORP against the 4 most active filers in the same SIC group.