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Security National Financial Corporation SNFCA Incurred But Not Reported Claims — Receivables Net Current

Other product segments

Traditional And Limited Payment Life
$9.05M
Deferred Profit Liability Traditional And Limited Payment Life
$972.34K
Reported But Unpaid Claims
$265.75K
Accident And Health
$70.17K

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$228.66M+3.4%

Other financials

Income statement

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Revenue$79.7M-3.6%
Gross profit$78.5M-3.7%
Net income$7.0M+9.2%
EPS (diluted)$0.27+8.0%

Balance sheet

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Cash & equivalents$162.1M+11.6%
Total debt$4.2M-22.1%
Total equity$425.5M+10.4%
Total assets$1.6B+3.7%

Cash flow

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Operating cash flow$32.9M+244%
CapEx$189.7K-57.0%
Free cash flow$32.8M+258%

Valuation

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Market cap$252.31M+3.1%
P/E7.3×-1.7×
P/S0.7×0.0×

Profitability

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Gross margin98.6%+0.1pp
Net margin10.2%+1.8pp
FCF margin29.3%+18.3pp

Returns & leverage

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Return on equity8.6%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Security National Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:ReceivablesNetCurrent.

The official record: Security National Financial Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Security National Financial Corporation's incurred but not reported claims — receivables net current?
Security National Financial Corporation (SNFCA) reported incurred but not reported claims — receivables net current of $6K in Q1 2026.
What does incurred but not reported claims — receivables net current mean?
This metric represents the current portion of receivables associated with insurance claims that have been incurred but not yet reported, net of any allowances for uncollectible amounts. It serves as a measure of the short-term liquidity expected from claims-related activities. Investors use this to evaluate the efficiency of the company's claims processing and the quality of its short-term insurance assets.