Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Donegal Group, Inc. (DGICB) had Return on Tangible Equity of 0.87% for the most recently reported fiscal quarter, ending 2024-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2024-06-30

Income Statement Financials
Revenue	$246.77M
Net Income	$4.15M
Cost of Goods Sold	$200.58M
Gross Profit	$46.19M
Operating Expenses	$241.61M
Operating Income	$5.17M
Non-Operating Income/Expense	$-0.15M
Pre-Tax Income	$5.01M
Normalized Pre-Tax Income	$5.01M
Income after Taxes	$4.15M
Income from Continuous Operations	$4.15M
Consolidated Net Income/Loss	$4.15M
Normalized Income after Taxes	$4.15M
EBIT	$5.17M
EBITDA	$6.10M
Weighted-Average Shares Outstanding (Basic)	33.42M
Weighted-Average Shares Outstanding (Diluted)	33.42M
Earnings per Share (EPS) (Basic)	$0.12
Earnings per Share (EPS) (Diluted)	$0.12
Balance Sheet Financials
Current Assets	$675.22M
Property, Plant, and Equipment	$2.56M
Long-Term Assets	$1.66B
Total Assets	$2.34B
Current Liabilities	$1.81B
Long-Term Debt	$35.00M
Long-Term Liabilities	$42.73M
Total Liabilities	$1.85B
Common Equity	$484.08M
Tangible Shareholders Equity	$477.49M
Shareholders Equity	$484.08M
Common Shares Outstanding	33.44M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$26.50M
Cash Flow from Investing Activities	$-15.95M
Cash Flow from Financial Activities	$-10.11M
Beginning Cash	$23.79M
End Cash	$24.23M
Increase/Decrease in Cash	$0.43M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-11.25M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	--
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.07
Debt to Equity Ratio	0.07
Gross Margin	--
Operating Margin	2.09%
EBIT Margin	2.09%
EBITDA Margin	--
Pre-Tax Profit Margin	2.03%
Profit Margin	1.68%
Free Cash Flow	$26.50M
Loss Ratio	0.71
Expense Ratio	0.32
Combined Ratio	1.03
Asset Turnover	0.11
Inventory Turnover	--
Receiveable Turnover	--
Days Sales in Receivables	--
Return on Equity	0.86%
Return on Tangible Equity	0.87%
Return on Assets	0.18%
Return on Investments	0.80%
Book Value Per Share	$14.48
Free Cash Flow per Share	$0.79
Operating Cash Flow per Share	$0.79

Data from Zacks Investment Research, Inc.