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Insperity NSP Workers' Compensation, Maximum aggregate economic burden for claims in excess of first layer cap per policy year

Workers' Compensation, Maximum aggregate economic burden for claims in excess of first layer cap per policy year at other companies

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Other financials

Income statement

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Revenue$1.9B+1.7%
Gross profit$302.0M-2.6%
Operating income$62.0M-8.8%
Net income$33.0M-35.3%
EPS (diluted)$0.88-34.8%

Balance sheet

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Cash & equivalents$24.0M+60.0%
Total debt$430.0M-1.4%
Total equity$67.0M-43.7%
Total assets$2.2B+2.5%

Cash flow

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Operating cash flow-$67.0M+84.9%
CapEx$6.0M0.0%
Free cash flow-$73.0M+83.7%

Valuation

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Market cap$1.45B-35.1%
Enterprise value$1.86B-30.1%
P/S0.2×-0.1×

Profitability

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Gross margin13%-2.3pp
Operating margin-0.2%
Net margin-0.4%-1.4pp
FCF margin0.8%+0.5pp

Returns & leverage

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Return on equity-26.9%-82.5pp
Debt / equity6.4×+2.8×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Insperity in its filing.

Tagged under the XBRL concept nsp:WorkersCompensationMaximumAggregateEconomicBurdenForClaimsInExcessOfFirstLayerCapPerPolicyYear.

The official record: Insperity’s 10-Q, filed October 31, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Insperity's workers' compensation, maximum aggregate economic burden for claims in excess of first layer cap per policy year?
Insperity (NSP) reported workers' compensation, maximum aggregate economic burden for claims in excess of first layer cap per policy year of $6M in Q3 2022.
How has Insperity's workers' compensation, maximum aggregate economic burden for claims in excess of first layer cap per policy year changed year-over-year?
Insperity's workers' compensation, maximum aggregate economic burden for claims in excess of first layer cap per policy year decreased by 0.0% year-over-year, from $6M to $6M.
What does workers' compensation, maximum aggregate economic burden for claims in excess of first layer cap per policy year mean?
This metric represents the maximum total financial liability the company is exposed to for workers' compensation claims that exceed the primary layer cap within a single policy year. It serves as a measure of the company's catastrophic risk exposure and the effectiveness of its stop-loss insurance programs. This figure is a key indicator of the company's overall financial resilience against large-scale insurance losses.