What is Hippo Holdings Financial Strength?
Hippo Holdings has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Hippo Holdings did not have earnings to cover the interest expense.
Hippo Holdings's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.02.
Altman Z-Score does not apply to banks and insurance companies.
Hippo Holdings Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Hippo Holdings's Interest Expense for the
months ended in Dec. 2024 was $-2.6 Mil. Its Operating Income for the
months ended in Dec. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $10.0 Mil.
Hippo Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Hippo Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hippo Holdings Business Description
Traded in Other Exchanges
N/A
Address
150 Forest Avenue, Palo Alto, CA, USA, 94301
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others. It has three reportable segments Services segment earns fees and commission income without assuming underwriting risk or need for reinsurance, Insurance-as-a-Service managed through the company's subsidiary Spinnaker is a platform to support third-party MGAs, and the Hippo Home Insurance Program engaged in homeowners insurance business. It generates the majority of its revenue from the Insurance-as-a-Service segment.
Executives
| Assaf Wand |
director, officer: See Remarks |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Stewart Ellis |
officer: Chief Financial Officer |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Richard Mccathron |
director, officer: President |
8240 N. MOPAC EXPRESSWAY, #215, AUSTIN TX 78759 |
| Anirudh Badia |
officer: Chief Accounting Officer |
150 FOREST AVENUE, PALO ALTO CA 94301 |
| Yuval Harry |
officer: Chief Revenue Officer |
150 FOREST AVENUE, PALO ALTO CA 95624 |
| John Drake Nichols |
director |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Mark Schaaf |
director |
150 FOREST AVENUE, PALO ALTO CA 94301 |
| Christopher Donahue |
officer: General Manager, MGA & CUO |
150 FOREST AVENUE, PALO ALTO CA 94301 |
| Noah Knauf |
director |
C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017 |
| Sam Landman |
director |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Sandra S Wijnberg |
director |
100 E. PRATT STREET, BA-1320, BALTIMORE MD 21202 |
| Eric Feder |
director |
C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045 |
| Ran Harpaz |
officer: Chief Technology Officer |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Aviad Pinkovezky |
officer: Chief Product Officer |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
| Amy Errett |
director |
C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301 |
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