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Insperity NSP Workers' Compensation, Maximum economic burden first layer of claims per occurrence

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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:WorkersCompensationMaximumEconomicBurdenFirstLayerOfClaimsPerOccurrence.

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 economic burden first layer of claims per occurrence?
Insperity (NSP) reported workers' compensation, maximum economic burden first layer of claims per occurrence of $1M in Q3 2022.
How has Insperity's workers' compensation, maximum economic burden first layer of claims per occurrence changed year-over-year?
Insperity's workers' compensation, maximum economic burden first layer of claims per occurrence decreased by 0.0% year-over-year, from $1M to $1M.
What does workers' compensation, maximum economic burden first layer of claims per occurrence mean?
This metric defines the maximum financial exposure the company retains for the first layer of workers' compensation claims per individual occurrence. It represents the company's self-insured retention level before excess insurance coverage or reinsurance kicks in. Understanding this threshold is essential for evaluating the company's risk appetite and potential volatility in insurance expenses.