American Coastal Insurance
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has American Coastal Insurance's balance sheet done over the years? Its assets were worth $1,060,383,000 last year, which is less than in the previous period. 84% of American Coastal Insurance’s total assets is currently financed by debt. Its liabilities reached the amount of $891,618,000, which means an decrease by -70% compared compared to last year.
Debt to Assets
| 2014 | 584169000 | 380.40M | 65.12% |
|---|---|---|---|
| 2015 | 740021000 | 500.81M | 67.68% |
| 2016 | 994285000 | 752.95M | 75.73% |
| 2017 | 2059921000 | 1.52B | 73.92% |
| 2018 | 2321428000 | 1.78B | 76.72% |
| 2019 | 2467218000 | 1.94B | 78.77% |
| 2020 | 2848941000 | 2.43B | 85.34% |
| 2021 | 2698573000 | 2.36B | 87.7% |
| 2022 | 2839352000 | 3.01B | 106.35% |
| 2023 | 1060383000 | 891.61M | 84.08% |
ACIC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 153.76M | 229.89M | 212.02M | 239.42M | 215.46M | 112.67M | 139.16M | 150.68M | 84.78M | 61.39M |
Short term investments | 7.19M | 376.46M | 663.60M | 940.01M | 884.86M | 862.34M | 137.11M | 528.64M | 447.50M | 381.62M |
Net receivables | 0 | 1.71B | 1.07B | 908.49M | 636.70M | 721.81M | 471.04M | 62.91M | 44.13M | 33.43M |
Inventory | 0 | -394.00M | -364.54M | -1.58B | -476.42M | -358.98M | -423.86M | -230.28M | -179.00M | 0 |
Other current assets | 0 | 394.00M | 364.54M | -499.63M | 476.42M | 358.98M | 0 | 230.28M | 0 | 0 |
Total current assets | 153.76M | 2.32B | 1.95B | 1.38M | 1.73B | 1.69B | 747.32M | 742.24M | 576.42M | 476.45M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.25M | 19.59M | 31.56M | 34.18M | 32.72M | 17.13M | 17.29M | 17.86M | 17.13M | 8.02M |
Goodwill | 59.47M | 59.47M | 73.04M | 73.04M | 73.04M | 73.04M | 73.04M | 14.25M | 3.41M | 0 |
Intangible assets | 9.32M | 12.77M | 18.37M | 21.93M | 26.07M | 31.35M | 45.27M | 77.84M | 46.73M | 31.92M |
Long term investments | 2.48M | 415.48M | 701.56M | 947.45M | 1.00B | 943.32M | 991.64M | 528.64M | 452.71M | 381.62M |
Other non-current assets | 268.74M | -21.93M | -43.78M | -35.39M | -47.69M | -37.11M | -36.76M | -25.99M | -19.62M | -389.64M |
Total non-current assets | 344.28M | 507.32M | 824.54M | 1.07B | 1.13B | 1.06B | 1.12B | 560.76M | 473.26M | 389.64M |
Total assets | 1.06B | 2.83B | 2.69B | 2.84B | 2.46B | 2.32B | 2.05B | 994.28M | 740.02M | 584.16M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 132.29M | 322.70M | -2.15M | 233.37M | 244.79M | 194.54M | 89.92M | 63.36M | 0 |
Short term debt | 0 | 2.10M | 2.17M | 2.15M | 11.34M | 1.52M | 0 | 9.96M | 0 | 0 |
Total current liabilities | 75.60M | 134.39M | 324.88M | 10.99K | 244.72M | 246.32M | 195.71M | 99.89M | 64.54M | 45.25M |
| Non-current liabilities: | ||||||||||
Long term debt | 149.46M | 154.16M | 158.49M | 160.35M | 159.25M | 160.11M | 161.36M | 54.17M | 12.35M | 13.52M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 224.42M | -154.16M | -158.49M | -160.35M | -159.25M | -160.11M | -161.36M | 21.18M | -12.35M | -13.52M |
Total non-current liabilities | 373.88M | 154.16M | 158.49M | 160.35M | 159.25M | 160.11M | 161.36M | 54.17M | 12.35M | 13.52M |
Total liabilities | 891.61M | 3.01B | 2.36B | 2.43B | 1.94B | 1.78B | 1.52B | 752.95M | 500.81M | 380.40M |
| Data source |