AMERICAN COASTAL INSURANCE Corp financial data

Symbol
ACIC on Nasdaq
Industry
Fire, Marine & Casualty Insurance
Location
800 2 Nd Ave S, Saint Petersburg, FL
State of incorporation
DE
Fiscal year end
December 31
Former names
UNITED INSURANCE HOLDINGS CORP. (to 6/26/2023), FMG ACQUISITION CORP (to 9/24/2008)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 437 % -90.9%
Return On Equity 252 %
Return On Assets 7.4 %
Operating Margin 36.4 % -55.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 48.2M shares +9.81%
Common Stock, Shares, Outstanding 48.2M shares +11%
Entity Public Float 89.8M USD +187%
Common Stock, Value, Issued 5K USD +25%
Weighted Average Number of Shares Outstanding, Basic 48.1M shares +11%
Weighted Average Number of Shares Outstanding, Diluted 49.5M shares +12.2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 294M USD +56.3%
General and Administrative Expense 35.9M USD +147%
Costs and Expenses 187M USD +441%
Operating Income (Loss) 107M USD -30.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 110M USD -32.5%
Income Tax Expense (Benefit) 24.4M USD +191%
Net Income (Loss) Attributable to Parent 85.1M USD +166%
Earnings Per Share, Basic 1.76 USD/shares +146%
Earnings Per Share, Diluted 1.63 USD/shares +138%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 183M USD +64.9%
Other Long-term Investments 26.4M USD +915%
Property, Plant and Equipment, Net 7.3M USD +86.7%
Operating Lease, Right-of-Use Asset 24K USD -96.6%
Intangible Assets, Net (Excluding Goodwill) 6.52M USD -35.7%
Goodwill 59.5M USD 0%
Assets 1.14B USD -0.51%
Deferred Income Tax Liabilities, Net 177K USD
Liabilities 884M USD -14.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -11.6M USD +51.3%
Retained Earnings (Accumulated Deficit) -166M USD +34.2%
Stockholders' Equity Attributable to Parent 260M USD +115%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 169M USD
Liabilities and Equity 1.14B USD -0.51%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 124M USD
Net Cash Provided by (Used in) Financing Activities 11.4M USD
Net Cash Provided by (Used in) Investing Activities -2.01M USD +94.6%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 48.4M shares +11%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 240M USD +84.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 56.5M USD -59.7%
Deferred Tax Assets, Gross 17.8M USD -18.7%
Operating Lease, Liability 23K USD -97.6%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 323M USD
Lessee, Operating Lease, Liability, to be Paid 834K USD -52.3%
Property, Plant and Equipment, Gross 16M USD +80.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 226K USD -61.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 597K USD -35.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 Rate 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 58K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11K USD -95%
Deferred Tax Assets, Operating Loss Carryforwards 4.3M USD -96.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1M shares 0%
Unrecognized Tax Benefits 666K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 0 USD -100%
Additional Paid in Capital 437M USD +10.3%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 2.84M USD -12.4%
Depreciation, Depletion and Amortization 3.05M USD -24.2%
Interest Expense 11.9M USD +13.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares