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American Coastal Insurance Corp
NASDAQ:ACIC

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American Coastal Insurance Corp
NASDAQ:ACIC
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Price: 12.18 USD 11.64% Market Closed
Updated: May 11, 2024

Balance Sheet

Balance Sheet Decomposition
American Coastal Insurance Corp

Cash & Short-Term Investments 153.8m
Insurance Receivable 47.3m
Deferred Policy Acquisition Cost 25m
PP&E 4.3m
Long-Term Investments 197.2m
Other Assets 632.9m
Insurance Policy Liabilities 663.6m
Long Term Debt 148.7m
Other Liabilities 79.3m

Balance Sheet
American Coastal Insurance Corp

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
61
85
151
276
113
216
239
212
230
154
Cash Equivalents
61
85
151
276
113
216
239
212
230
154
Insurance Receivable
31
41
39
75
96
87
87
79
86
47
Deferred Policy Acquisition Cost
32
47
66
104
106
105
74
39
59
25
PP&E Net
8
17
18
17
17
33
36
33
21
4
PP&E Gross
8
17
18
17
17
33
36
33
21
4
Accumulated Depreciation
3
5
7
13
13
19
25
26
13
5
Intangible Assets
0
0
0
45
31
26
22
18
13
9
Goodwill
0
3
14
73
73
73
73
73
60
59
Note Receivable
0
0
0
20
0
0
0
0
0
0
Long-Term Investments
382
453
529
835
952
1 012
995
720
432
197
Other Long-Term Assets
0
0
0
0
71
72
62
33
54
26
Other Assets
70
98
198
687
936
918
1 332
1 564
1 943
597
Total Assets
584
N/A
740
+27%
1 000
+35%
2 060
+106%
2 321
+13%
2 467
+6%
2 849
+15%
2 699
-5%
2 838
+5%
1 060
-63%
Liabilities
Insurance Policy Liabilities
329
446
613
1 187
1 464
1 601
2 056
1 978
2 553
664
Accounts Payable
0
0
0
47
71
79
91
76
75
75
Accrued Liabilities
0
0
0
0
0
0
2
2
2
1
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
0
0
0
42
57
58
78
115
215
2
Total Current Liabilities
0
0
0
88
128
137
171
193
291
78
Long-Term Debt
14
12
54
161
160
159
158
157
153
149
Minority Interest
0
0
0
0
20
21
22
20
0
0
Other Liabilities
38
43
91
86
30
47
46
39
23
1
Total Liabilities
380
N/A
501
+32%
758
+51%
1 523
+101%
1 801
+18%
1 964
+9%
2 453
+25%
2 386
-3%
3 020
+27%
892
-70%
Equity
Common Stock
0
0
0
0
0
0
0
0
0
0
Retained Earnings
118
141
142
141
141
100
7
75
546
237
Additional Paid In Capital
82
97
99
387
389
392
393
394
396
424
Treasury Stock
0
0
0
0
0
0
0
0
0
0
Other Equity
4
2
1
9
9
11
10
7
31
17
Total Equity
204
N/A
239
+17%
241
+1%
537
+123%
520
-3%
503
-3%
396
-21%
312
-21%
182
N/A
169
N/A
Total Liabilities & Equity
584
N/A
740
+27%
1 000
+35%
2 060
+106%
2 321
+13%
2 467
+6%
2 849
+15%
2 699
-5%
2 838
+5%
1 060
-63%
Shares Outstanding
Common Shares Outstanding
21
22
22
43
43
43
43
43
43
47

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