Palomar Holdings (PLMR) Notes Payables (2018 - 2024)
Palomar Holdings (PLMR) reported Notes Payables of $43.0 million for Q1 2024, down 39.78% on a YoY basis from $71.4 million in Q2 2023, and down 18.25% quarter-over-quarter from $52.6 million in Q4 2023.
Palomar Holdings (PLMR) Notes Payables (2018 - 2024) Analysis & Trends
Palomar Holdings has reported Notes Payables for 5 years, with the latest figure at $43.0 million in Q1 2024.
- For the quarter ending Q1 2024, Notes Payables fell 39.78% year-over-year to $43.0 million; the trailing twelve-month figure through Mar 2024 stood at $43.0 million (down 39.78% YoY), and the FY2023 full-year result was $52.6 million, up 44.51% from the prior year.
- Notes Payables for Q1 2024 stood at $43.0 million, down from $52.6 million in the prior quarter.
- The five-year high for Notes Payables was $71.4 million in Q1 2023, with the low at $15.0 million in Q1 2022.
- Historically, Notes Payables has averaged $43.5 million across 3 years, with a median of $43.0 million in 2024.
- Annual changes were most pronounced in 2023 — Notes Payables surged 376.0% — and 2024, when it slumped 39.78%.
- Palomar Holdings' Notes Payables stood at $36.4 million in 2022, then soared by 44.51% to $52.6 million in 2023, then declined by 18.25% to $43.0 million in 2024.
- The last three Notes Payables figures came in at $43.0 million (Q1 2024), $52.6 million (Q4 2023), and $52.6 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn |
| 10 | Palomar Holdings | 2.88 Bn | 2.83 Bn | 191.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 43.00 Mn |
| Dec 31, 2023 | 52.60 Mn |
| Sep 30, 2023 | 52.60 Mn |
| Jun 30, 2023 | 71.40 Mn |
| Mar 31, 2023 | 71.40 Mn |
| Dec 31, 2022 | 36.40 Mn |
| Sep 30, 2022 | 26.40 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Mar 31, 2019 | 19.10 Mn |
| Dec 31, 2018 | 19.08 Mn |