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The Ensign Group ENSG Professional Liability Insurance — Self Insurance Reserve

Discontinued — last reported Q3 '19

Similar metrics at other companies

HCA Healthcare logo
HCAProfessional Liability Risks
$1.51B+0.8%
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HIGProfessional liability — Liability for Unpaid Claims and Claims Adjustment Expense, Net
$1.69B+7.2%
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MKLProfessional liability - medical — Incurred losses and loss adjustment expenses, prior accident years
-$4.88M
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HIGProfessional liability — Unpaid Unallocated Loss Adjustment Expenses, Net of Reinsurance
$49M+4.3%
LPL Financial Holdings logo
LPLASelf-Insurance Liabilities
$106.39M+27.0%
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ACGLProfessional liability — Prior years
$2M+100%

Other financials

Income statement

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Revenue$1.4B+18.4%
Gross profit$293.4M+19.6%
Operating income$124.9M+23.2%
Net income$99.7M+24.2%
EPS (diluted)$1.67+21.9%

Balance sheet

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Cash & equivalents$539.5M+90.9%
Total debt$2.2B+11.7%
Total equity$2.4B+22.8%
Total assets$5.6B+17.9%

Cash flow

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Operating cash flow$100.2M+38.7%
CapEx$10.0M+27.8%
Free cash flow$90.2M+40.0%

Valuation

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Market cap$8.98B+57.5%
Enterprise value$10.69B+46.4%
P/E24.7×+6.3×
P/S1.7×+0.4×

Profitability

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Gross margin20.6%-0.1pp
Operating margin8.5%0.0pp
Net margin6.9%-0.1pp
FCF margin11%+2.6pp

Returns & leverage

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Return on equity16.9%-0.7pp
Debt / equity0.9×-0.1×
Current ratio1.6×+0.2×

Where this comes from

Reported directly by The Ensign Group in its filing.

Tagged under the XBRL concept us-gaap:SelfInsuranceReserve.

The official record: The Ensign Group’s 10-Q, filed October 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does professional liability insurance — self insurance reserve mean?
The amount of money set aside to cover potential future costs from legal claims related to patient care.
How do you interpret professional liability insurance — self insurance reserve?
An increase in the reserve may indicate rising litigation costs, higher claim frequency, or a more conservative actuarial outlook on future risk, while a decrease could suggest improved risk management or favorable claim settlements.
How does professional liability insurance — self insurance reserve compare across companies?
Peer healthcare providers typically report similar reserves under 'Accrued Liabilities' or 'Insurance Reserves,' with variations depending on whether they use captive insurance models or third-party coverage.