Ambac Financial Group Inc financial data

Symbol
AMBC on NYSE
Industry
Surety Insurance
Location
One World Trade Center, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
AMBAC INC /DE/ (to 1/2/1998)
Latest financial report
10-Q - Q2 2024 - Aug 5, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 508 % -15.5%
Return On Equity 4.96 % -86.8%
Return On Assets 0.84 % -84.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 47.4M shares +4.72%
Common Stock, Shares, Outstanding 45.2M shares -0.17%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 46.2M shares +0.99%
Weighted Average Number of Shares Outstanding, Diluted 46.2M shares +0.99%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 357M USD -15%
Revenue from Contract with Customer, Excluding Assessed Tax 58M USD +45%
General and Administrative Expense 167M USD +8.44%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 80M USD -83.2%
Income Tax Expense (Benefit) 8M USD +14.3%
Net Income (Loss) Attributable to Parent 69M USD -85.3%
Earnings Per Share, Basic 1.62 USD/shares -84.3%
Earnings Per Share, Diluted 1.61 USD/shares -84.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24M USD -27.3%
Intangible Assets, Net (Excluding Goodwill) 285M USD -10.1%
Goodwill 70M USD +14.8%
Assets 8.18B USD +0.64%
Liabilities 6.75B USD -0.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -175M USD +16.3%
Retained Earnings (Accumulated Deficit) 1.27B USD +6.21%
Stockholders' Equity Attributable to Parent 1.37B USD +9.44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.42B USD +8.9%
Liabilities and Equity 8.18B USD +0.64%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 18M USD -76.6%
Net Cash Provided by (Used in) Financing Activities -47M USD +83%
Net Cash Provided by (Used in) Investing Activities 51M USD -88.4%
Common Stock, Shares Authorized 130M shares 0%
Common Stock, Shares, Issued 46.7M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 21M USD -91.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 97M USD -68.6%
Depreciation 4M USD +100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 104M USD -77.1%
Deferred Income Tax Expense (Benefit) -2M USD -100%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -2M USD
Current Income Tax Expense (Benefit) 10M USD +42.9%
Preferred Stock, Shares Authorized 20M shares 0%
Additional Paid in Capital 295M USD +4.24%
Current State and Local Tax Expense (Benefit) 1M USD
Current Federal Tax Expense (Benefit) 0 USD -100%
Amortization of Intangible Assets 35M USD +2.94%
Share-based Payment Arrangement, Expense 11M USD -26.7%
Interest Expense 64M USD -42.3%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%