Veritas Kapital Assurance Plc (NGX:VERITASKAP)
Nigeria
· Delayed Price · Currency is NGN 1.870
-0.020 (-1.06%)
At close: Apr 28, 2026
Veritas Kapital Assurance Balance Sheet
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Investments in Debt Securities | 12,452 | 10,197 | 7,472 | - | 3,005 | Upgrade
|
| Investments in Equity & Preferred Securities | 607.21 | 492.06 | 433.49 | - | 69.91 | Upgrade
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| Other Investments | - | - | - | 5,502 | 300.88 | Upgrade
|
| Total Investments | 13,232 | 10,828 | 8,019 | 5,615 | 3,421 | Upgrade
|
| Cash & Equivalents | 7,971 | 11,193 | 6,557 | 4,400 | 5,882 | Upgrade
|
| Reinsurance Recoverable | 3,449 | 6,001 | 1,648 | 970.99 | 1,116 | Upgrade
|
| Other Receivables | 2,972 | 2,065 | 1,699 | 739.98 | 198.05 | Upgrade
|
| Deferred Policy Acquisition Cost | - | - | - | - | 286.64 | Upgrade
|
| Property, Plant & Equipment | 6,288 | 6,020 | 5,436 | 4,557 | 4,729 | Upgrade
|
| Goodwill | 316.88 | 316.88 | 316.88 | 316.88 | 316.88 | Upgrade
|
| Other Intangible Assets | 411.2 | 551.79 | 422.75 | 68.11 | 102.3 | Upgrade
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| Restricted Cash | 358.82 | 358.82 | 363.04 | 364.24 | 364.24 | Upgrade
|
| Other Current Assets | 285.22 | 89.08 | 81.03 | 84.42 | 75.9 | Upgrade
|
| Long-Term Deferred Tax Assets | - | - | 60.85 | 60.85 | 22.29 | Upgrade
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| Long-Term Deferred Charges | 83.05 | 83.05 | 48.05 | 44.65 | 22.25 | Upgrade
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| Other Long-Term Assets | 28.35 | 34.11 | 28.35 | 28.35 | 28.35 | Upgrade
|
| Total Assets | 35,397 | 37,540 | 24,680 | 17,250 | 16,565 | Upgrade
|
| Accrued Expenses | 1,909 | 1,163 | 947.09 | 505.38 | 749.01 | Upgrade
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| Insurance & Annuity Liabilities | 6,519 | 5,250 | 6,594 | 3,688 | 489.16 | Upgrade
|
| Unpaid Claims | 5,825 | 13,553 | - | - | 2,006 | Upgrade
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| Unearned Premiums | - | - | - | - | 2,146 | Upgrade
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| Current Income Taxes Payable | 275.05 | 404.69 | 187.03 | 109.06 | 86.65 | Upgrade
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| Long-Term Deferred Tax Liabilities | 469.73 | 372.74 | 184.75 | 27.46 | 20.74 | Upgrade
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| Other Current Liabilities | 645.06 | 370.45 | 71.83 | 212.4 | 101.9 | Upgrade
|
| Other Long-Term Liabilities | - | 689.61 | 0 | -0 | - | Upgrade
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| Total Liabilities | 16,270 | 22,255 | 8,311 | 4,791 | 5,762 | Upgrade
|
| Common Stock | 6,933 | 6,933 | 6,933 | 6,933 | 6,933 | Upgrade
|
| Additional Paid-In Capital | 663.6 | 663.6 | 663.6 | 663.6 | 663.6 | Upgrade
|
| Retained Earnings | 4,884 | 1,422 | 2,909 | 449.07 | 67.45 | Upgrade
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| Comprehensive Income & Other | 4,459 | 4,250 | 3,871 | 2,521 | 2,450 | Upgrade
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| Total Common Equity | 16,940 | 13,269 | 14,377 | 10,567 | 10,114 | Upgrade
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| Minority Interest | 2,188 | 2,017 | 1,992 | 1,892 | 688.78 | Upgrade
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| Shareholders' Equity | 19,127 | 15,286 | 16,369 | 12,459 | 10,803 | Upgrade
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| Total Liabilities & Equity | 35,397 | 37,540 | 24,680 | 17,250 | 16,565 | Upgrade
|
| Filing Date Shares Outstanding | 13,867 | 13,867 | 13,867 | 13,867 | 13,867 | Upgrade
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| Total Common Shares Outstanding | 13,867 | 13,867 | 13,867 | 13,867 | 13,867 | Upgrade
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| Net Cash (Debt) | 7,971 | 11,193 | 6,557 | 4,400 | 5,882 | Upgrade
|
| Net Cash Growth | -28.78% | 70.71% | 49.03% | -25.20% | 38.95% | Upgrade
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| Net Cash Per Share | 0.57 | 0.81 | 0.47 | 0.32 | 0.42 | Upgrade
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| Book Value Per Share | 1.22 | 0.96 | 1.04 | 0.76 | 0.73 | Upgrade
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| Tangible Book Value | 16,212 | 12,400 | 13,638 | 10,182 | 9,695 | Upgrade
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| Tangible Book Value Per Share | 1.17 | 0.89 | 0.98 | 0.73 | 0.70 | Upgrade
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| Land | 2,071 | 2,028 | 1,307 | 1,265 | 1,228 | Upgrade
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| Buildings | 3,705 | 3,641 | 3,847 | 2,964 | 3,151 | Upgrade
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| Machinery | 2,280 | 2,027 | 1,753 | 1,475 | 1,510 | Upgrade
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| Construction In Progress | 157.59 | 4.95 | - | 191.38 | - | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.