Kingsway Financial Services Inc. (KFS)

Solvency & Capital Structure

Total Debt

$78.2M

Net Debt

$63M

Kingsway Financial Services Inc. currently has $78.2M in total debt. Net debt is $63M after cash offsets.

Financial Fundamentals

KFS • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	0.08	0.02	0.06	0.23	33.7%
2025-12-31	0.08	0.02	0.06	0.23	33.7%
2025-09-30	0.08	0.02	0.06	0.24	33.1%
2025-06-30	0.06	0.02	0.04	0.21	29.4%
2025-03-31	0.06	0.01	0.05	0.19	32.5%
2024-12-31	0.06	0.01	0.05	0.19	32.3%
2024-09-30	0.06	0.01	0.05	0.19	31.6%
2024-06-30	0.05	0.02	0.03	0.19	25.3%
2024-03-31	0.05	0.02	0.03	0.20	24.5%
2023-12-31	0.05	0.01	0.04	0.21	22.1%
2023-09-30	0.04	0.02	0.02	0.20	21.3%
2023-06-30	0.04	0.01	0.03	0.20	22.2%
2023-03-31	0.04	0.05	-0.00Net Cash	0.20	22.0%
2022-12-31	0.10	0.10	0.00	0.29	36.2%
2022-09-30	0.28	0.09	0.20	0.51	56.3%
2022-06-30	0.28	0.01	0.27	0.47	60.4%
2022-03-31	0.29	0.05	0.24	0.47	61.6%
2021-12-31	0.10	0.05	0.05	0.48	20.3%
2021-09-30	0.27	0.05	0.22	0.45	61.4%
2021-06-30	0.28	0.04	0.24	0.45	61.5%
2021-03-31	0.26	0.04	0.22	0.44	59.1%
2020-12-31	0.27	0.04	0.24	0.45	60.0%
2020-09-30	0.25	0.04	0.21	0.39	63.5%
2020-06-30	0.25	0.03	0.22	0.39	63.0%
2020-03-31	0.25	0.03	0.22	0.40	62.2%
2019-12-31	0.26	0.04	0.23	0.40	65.6%
2019-09-30	0.26	0.01	0.25	0.40	64.6%
2019-06-30	0.26	0.01	0.25	0.40	64.6%
2019-03-31	0.26	0.01	0.25	0.41	65.2%
2018-12-31	0.24	0.03	0.20	0.36	66.2%
2018-09-30	0.26	0.02	0.23	0.49	52.4%
2018-06-30	0.24	0.02	0.22	0.48	50.1%
2018-03-31	0.24	0.05	0.20	0.49	49.4%
2017-12-31	0.24	0.04	0.20	0.48	50.2%
2017-09-30	0.24	0.03	0.21	0.48	49.4%
2017-06-30	0.24	0.03	0.20	0.49	48.4%
2017-03-31	0.23	0.03	0.20	0.50	47.2%
2016-12-31	0.23	0.04	0.20	0.50	46.6%
2016-09-30	0.23	0.03	0.20	0.44	52.3%
2016-06-30	0.04	0.04	-0.00Net Cash	0.24	15.1%
2016-03-31	0.04	0.04	-0.00Net Cash	0.24	15.5%
2015-12-31	0.04	0.05	-0.01Net Cash	0.24	16.6%
2015-09-30	0.04	0.08	-0.04Net Cash	0.27	14.8%
2015-06-30	0.04	0.09	-0.04Net Cash	0.28	15.4%
2015-03-31	0.05	0.06	-0.01Net Cash	0.31	17.4%
2014-12-31	0.05	0.07	-0.02Net Cash	0.30	18.0%
2014-09-30	0.05	0.09	-0.03Net Cash	0.31	17.5%
2014-06-30	0.05	0.07	-0.02Net Cash	0.30	17.0%
2014-03-31	0.04	0.07	-0.03Net Cash	0.30	14.2%
2013-12-31	0.06	0.10	-0.04Net Cash	0.32	17.8%
2013-09-30	0.06	0.09	-0.02Net Cash	0.35	18.4%
2013-06-30	0.07	0.07	-0.00Net Cash	0.35	19.0%
2013-03-31	0.07	0.09	-0.02Net Cash	0.37	18.8%
2012-12-31	0.06	0.08	-0.02Net Cash	0.37	16.4%
2012-09-30	0.05	0.06	-0.01Net Cash	0.34	14.0%
2012-06-30	0.05	0.06	-0.01Net Cash	0.35	14.6%
2012-03-31	0.06	0.08	-0.02Net Cash	0.37	16.4%
2011-12-31	0.05	0.11	-0.06Net Cash	0.37	12.6%
2011-09-30	0.06	0.10	-0.05Net Cash	0.40	14.0%
2011-06-30	0.06	0.12	-0.05Net Cash	0.43	14.2%
2011-03-31	0.10	0.14	-0.04Net Cash	0.48	20.1%
2010-12-31	0.12	0.14	-0.02Net Cash	0.52	24.0%
2010-09-30	0.14	0.12	0.02	0.74	18.9%
2010-06-30	0.22	0.19	0.04	0.86	25.8%
2010-03-31	0.25	0.20	0.05	0.94	26.4%
2009-12-31	0.33	0.06	0.27	1.96	16.9%
2009-09-30	0.34	0.51	-0.17Net Cash	3.06	11.0%
2009-06-30	0.35	0.15	0.19	3.14	11.0%
2009-03-31	0.34	0.22	0.12	3.10	10.9%
2008-12-31	0.34	0.11	0.23	3.34	10.1%
2008-09-30	0.35	0.20	0.15	3.89	9.0%
2008-06-30	0.51	0.19	0.32	4.45	11.5%
2008-03-31	0.52	0.00	0.52	4.55	11.4%
2007-12-31	0.55	0.16	0.38	4.66	11.7%
2007-09-30	0.52	0.00	0.52	4.68	11.2%
2007-06-30	0.51	0.00	0.51	4.53	11.3%
2007-03-31	0.50	0.00	0.50	4.24	11.8%
2006-12-31	0.40	0.13	0.27	4.05	9.9%
2006-09-30	0.39	0.00	0.39	4.11	9.4%
2006-06-30	0.37	0.00	0.37	4.05	9.2%
2006-03-31	0.37	0.00	0.37	3.87	9.6%
2005-12-31	0.36	0.11	0.25	3.80	9.5%
2005-09-30	0.35	0.00	0.35	3.74	9.5%
2005-06-30	0.34	0.00	0.34	3.61	9.6%
2005-03-31	0.35	0.00	0.35	3.61	9.6%
2004-12-31	0.34	0.09	0.25	3.52	9.7%
2004-09-30	0.34	0.00	0.34	3.29	10.2%
2004-06-30	0.31	0.00	0.31	3.17	9.8%
2004-03-31	0.29	0.00	0.29	3.04	9.7%
2003-12-31	0.27	0.11	0.16	2.80	9.6%
2003-09-30	0.24	0.00	0.24	2.58	9.2%
2003-06-30	0.22	0.00	0.22	2.31	9.6%
2003-03-31	0.19	0.00	0.19	2.10	8.9%
2002-12-31	0.17	0.16	0.02	1.90	9.1%
2002-09-30	0.12	0.00	0.12	1.71	6.8%
2002-06-30	0.12	0.00	0.12	1.57	7.4%
2002-03-31	0.09	0.00	0.09	1.23	7.4%
2001-12-31	0.09	0.06	0.03	1.12	8.1%
2001-09-30	0.09	0.00	0.09	0.98	9.5%
2001-06-30	0.09	0.00	0.09	0.89	10.6%
2001-03-31	0.09	0.00	0.09	0.80	11.6%
2000-12-31	0.10	0.00	0.10	0.78	12.2%
2000-09-30	0.10	0.00	0.10	0.77	12.8%
2000-06-30	0.10	0.00	0.10	0.76	13.3%
2000-03-31	0.10	0.00	0.10	0.74	13.8%
1999-12-31	0.11	0.00	0.11	0.74	14.3%
1999-09-30	0.10	0.00	0.10	0.72	14.0%
1999-06-30	0.10	0.00	0.10	0.72	13.8%
1999-03-31	0.10	0.00	0.10	0.70	14.4%
1998-12-31	0.07	0.00	0.07	0.66	10.0%
1998-09-30	0.02	0.00	0.02	0.54	3.6%
1998-06-30	0.02	0.00	0.02	0.55	3.7%
1998-03-31	0.02	0.00	0.02	0.51	3.1%
1997-12-31	0.00	0.00	0.00	0.36	0.0%
1997-09-30	0.00	0.00	0.00	0.36	0.0%
1997-06-30	0.00	0.00	0.00	0.26	0.0%
1997-03-31	0.00	0.00	0.00	0.22	0.0%
1996-12-31	0.00	0.00	0.00	0.18	0.0%
1996-09-30	0.01	0.00	0.01	0.15	3.4%
1996-06-30	0.00	0.00	0.00	0.13	0.0%