SiriusPoint Ltd. Working Capital

Working Capital of SPNT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Working Capital growth rates and interactive chart. Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable. Net operating working capital is a measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities. In many cases these calculations are the same and are derived from company cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. Working capital is a measure of a company's liquidity, operational efficiency and its short-term financial health. If a company has substantial positive working capital, then it should have the potential to invest and grow. If a company's current assets do not exceed its current liabilities, then it may have trouble growing or paying back creditors, or even go bankrupt.

Highlights and Quick Summary

  • Working Capital for the quarter ending March 31, 2022 was $-2.34 Billion (a 13.14% increase compared to previous quarter)
  • Year-over-year quarterly Working Capital increased by 54.56%
  • Annual Working Capital for 2021 was $-2.07 Billion (a -459.45% decrease from previous year)
  • Annual Working Capital for 2020 was $575 Million (a 10.97% increase from previous year)
  • Annual Working Capital for 2019 was $519 Million (a -273.08% decrease from previous year)
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Historical Working Capital of SiriusPoint Ltd.

Most recent Working Capitalof SPNT including historical data for past 10 years.

Interactive Chart of Working Capital of SiriusPoint Ltd.

SiriusPoint Ltd. Working Capital for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $-2,340.1 – – – –
2021 $-2,068.3 $-2,129.4 $-1,514.0 $-1,715.3 $-2,068.3
2020 $575.4 $464.17 $433.08 $333.42 $575.4
2019 $518.5 $430.74 $-379.19 $-405.74 $518.5
2018 $-299.57 $-372.25 $-1,117.84 $-945.46 $-299.57
2017 $-885.49 $-644.13 $-809.67 $-732.61 $-885.49
2016 $-1,136.8 $-1,061.7 $-985.41 $-996.4 $-1,136.8
2015 $-629.91 $-488.29 $-418.11 $-230.64 $-629.91
2014 $-250.26 $-133.89 $-253.12 $-213.97 $-250.26
2013 $63.57 $410.05 $128.31 $5.75 $63.57
2012 $95.98 – – – $95.98

Business Profile of SiriusPoint Ltd.

Sector: Financial Services
Industry: Insurance Reinsurance
SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides coverage to various product lines, which includes aviation and space, casualty, contingency, credit and bond, marine and energy, mortgage, and property to insurance and reinsurance companies, government entities, and other risk bearing vehicles. The Insurance & Services segment offers coverage to various product lines comprising accident and health, environmental, workers' compensation, and other lines of business, including a cross section of property and casualty lines. The company was formerly known as Third Point Reinsurance Ltd. and changed its name to SiriusPoint Ltd. in February 2021. SiriusPoint Ltd. was incorporated in 2011 and is headquartered in Pembroke, Bermuda.
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