What does commercial — premiums receivable gross mean?

The total amount of insurance premiums owed by customers that have not yet been paid.

How do you interpret commercial — premiums receivable gross?

Rising receivables relative to revenue may signal deteriorating customer credit quality or collection inefficiencies.

How does commercial — premiums receivable gross compare across companies?

Standard accounts receivable equivalent for insurance companies.

CNA Financial CNA Commercial — Premiums Receivable Gross

Discontinued — last reported Q2 '20

Similar metrics at other companies

AFGPremiums receivable

$1.67B+5.1%

ACGLReportable Legal Entities — Premiums Receivable At Carrying Value

$1.9B-2.6%

BRK.AInsurance And Other — Premiums Receivable Gross

$19.93B-0.8%

KKRInsurance — Premiums and Other Account Receivables

$204.73M+10.6%

RNRReportable Legal Entities — Premiums Receivable At Carrying Value

$1.96B+27.8%

CINFConsolidated Property And Casualty Insurance — Premium Receivable, Allowance for Credit Loss

$16M+6.7%

Other financials

Income statement

See full

Revenue$3.7B+1.4%

Net income$211.0M-23.0%

EPS (diluted)$0.78-22.0%

Balance sheet

See full

Cash & equivalents$522.0M+8.1%

Total debt$3.0B-0.1%

Total equity$10.9B+5.6%

Total assets$68.6B+1.8%

Cash flow

See full

Operating cash flow$393.0M-38.4%

CapEx$13.0M-27.8%

Free cash flow$380.0M-38.7%

Valuation

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Market cap$12.04B-9.7%

Enterprise value$14.49B-8.4%

P/E9.9×-5.0×

P/S0.8×-0.1×

Profitability

See full

Net margin8.1%+1.9pp

FCF margin14.4%-3.7pp

Returns & leverage

See full

Return on equity11.5%+2.5pp

Debt / equity0.3×0.0×

Where this comes from

Reported directly by CNA Financial in its filing.

Tagged under the XBRL concept us-gaap:PremiumsReceivableGross.

The official record: CNA Financial’s 10-Q, filed August 3, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does commercial — premiums receivable gross mean?: The total amount of insurance premiums owed by customers that have not yet been paid.
How do you interpret commercial — premiums receivable gross?: Rising receivables relative to revenue may signal deteriorating customer credit quality or collection inefficiencies.
How does commercial — premiums receivable gross compare across companies?: Standard accounts receivable equivalent for insurance companies.