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 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $1.03B | $1.04B | - | $956.26M | $904.38M | $842.77M | - | $838.81M | $885.99M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $154.53M | $151.25M | $151.10M | - | $158.81M | $178.66M | $162.20M | - | $136.88M | $134.08M |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $13.77M | $29.91M | $35.85M | - | $33.57M | $70.77M | ($35.80M) | - | $19.86M | $43.77M |
| Interest Expense | $2.02M | $2.22M | $1.99M | - | $2.10M | $1.86M | $1.85M | - | $2.06M | $1.83M |
| Income Tax | $5.61M | $6.35M | $12.54M | - | $9.99M | $27.18M | ($9.65M) | - | $5.91M | $12.85M |
| Net Income | $8.17M | $23.56M | $23.31M | - | $23.58M | $43.60M | ($26.14M) | - | $13.95M | $30.93M |
| EPS - Basic | $0.35 | $1.00 | $1.00 | - | $1.02 | $1.88 | ($1.12) | - | $0.59 | $1.35 |
| EPS - Diluted | $0.35 | $1.00 | $1.00 | - | $1.02 | $1.87 | ($1.12) | - | $0.58 | $1.35 |
Balance Sheet
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $122.71M | $174.39M | $118.72M | $110.99M | $129.60M | $141.07M | $104.58M | $109.84M | $98.93M | $166.27M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.19B | $3.23B | $3.20B | $3.09B | $3.12B | $3.02B | $2.99B | $2.82B | $2.83B | $2.84B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $49.50M | $50.58M | $51.67M | $52.75M | $53.84M | $54.94M | $24.90M | $25.69M | $26.49M | $27.29M |
| Total Liabilities | $2.17B | $2.22B | $2.23B | $2.12B | $2.11B | $2.04B | $2.06B | $1.88B | $1.88B | $1.92B |
| Stockholders' Equity | $1.02B | $1.01B | $976.78M | $968.23M | $1.01B | $980.25M | $926.85M | $943.87M | $949.38M | $922.07M |
| Retained Earnings | $952.26M | $944.09M | $920.53M | $897.22M | $871.07M | $847.49M | $803.89M | $830.20M | $816.97M | $827.69M |
Cash Flow
| Line item | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $68.69M | - | - | - | $6.52M | - | - | - |
| Investing Cash Flow | - | - | ($101.91M) | - | - | - | ($85.68M) | - | - | - |
| Financing Cash Flow | - | - | $40.95M | - | - | - | $73.91M | - | - | - |
| CapEx | - | - | $5.20M | - | - | - | $4.59M | - | - | - |
| Free Cash Flow | - | - | $63.50M | - | - | - | $1.93M | - | - | - |
Ratios
| Metric | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 | Q2 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 1.3% | 2.9% | 3.4% | - | 3.5% | 7.8% | -4.2% | - | 2.4% | 4.9% |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 0.8% | 2.3% | 2.2% | - | 2.5% | 4.8% | -3.1% | - | 1.7% | 3.5% |
| Free cash flow margin | - | - | 6.1% | - | - | - | 0.2% | - | - | - |
| FCF / Net income | - | - | 2.72 | - | - | - | -0.07 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 40.7% | 21.2% | 35.0% | - | 29.8% | 38.4% | - | - | 29.8% | 29.3% |
| Return on assets | 0.3% | 0.7% | 0.7% | - | 0.8% | 1.4% | -0.9% | - | 0.5% | 1.1% |
| Return on equity | 0.8% | 2.3% | 2.4% | - | 2.3% | 4.4% | -2.8% | - | 1.5% | 3.4% |
| Return on invested capital | 0.8% | 2.2% | 2.3% | - | 2.2% | 4.2% | -3.0% | - | 1.4% | 3.3% |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.03 | 0.03 | 0.03 | 0.03 |
| Debt / Assets | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 6.8x | 13.5x | 18.0x | - | 16.0x | 38.0x | -19.3x | - | 9.6x | 23.9x |
| Equity multiplier | 3.14 | 3.21 | 3.28 | 3.19 | 3.09 | 3.08 | 3.22 | 2.99 | 2.98 | 3.08 |
| Liabilities / Assets | 0.68 | 0.69 | 0.70 | 0.69 | 0.68 | 0.68 | 0.69 | 0.67 | 0.66 | 0.68 |
| Efficiency | ||||||||||
| Asset turnover | 0.33 | 0.32 | 0.32 | - | 0.31 | 0.30 | 0.28 | - | 0.30 | 0.31 |
| 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% | 13.6% | 23.3% | - | 14.0% | 2.1% | 4.1% | - | 8.9% | 16.3% |
| Revenue CAGR (3y) | 10.8% | 10.5% | 11.1% | - | 9.0% | 6.6% | 5.3% | - | 4.0% | 5.6% |
| Revenue CAGR (5y) | 7.1% | 6.4% | 6.6% | - | 4.6% | 3.0% | 7.7% | - | 8.1% | 8.4% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -59.0% | -57.7% | - | - | 69.1% | 61.7% | - | - | - | - |
| Net income growth (YoY) | -65.4% | -46.0% | - | - | 69.1% | 41.0% | - | - | - | - |
| EPS growth (YoY) | -65.7% | -46.5% | - | - | 75.9% | 38.5% | - | - | - | - |
| EPS CAGR (3y) | - | - | 80.5% | - | 3.9% | 53.2% | - | - | - | 103.6% |
| EPS CAGR (5y) | - | 44.3% | 48.2% | - | 44.8% | 20.7% | - | - | 27.8% | 6.0% |
| FCF growth (YoY) | - | - | 3188.3% | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | 16.3% | - | - | - | -37.3% | - | - | - |
| Book value growth (YoY) | 0.7% | 2.6% | 5.4% | 2.6% | 6.4% | 6.3% | 6.3% | 14.8% | 15.7% | 8.6% |
Peer comparison
Same SIC group: Accident & Health Insurance
Comparing TRIPLE-S MANAGEMENT CORP against the 4 most active filers in the same SIC group.