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
Q1 2024 - May 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 521 % -27.9%
Return On Equity 4.18 % -90.3%
Return On Assets 0.69 % -87.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 45.2 M shares -0.21%
Common Stock, Shares, Outstanding 45.2 M shares -0.21%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 45.8 M shares +0.58%
Weighted Average Number of Shares Outstanding, Diluted 46.3 M shares +1.72%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 314 M USD -29.3%
Revenue from Contract with Customer, Excluding Assessed Tax 55 M USD +52.8%
General and Administrative Expense 156 M USD +5.41%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 67 M USD -86.4%
Income Tax Expense (Benefit) 8 M USD +33.3%
Net Income (Loss) Attributable to Parent 57 M USD -88.3%
Earnings Per Share, Basic 1.35 USD/shares -87.4%
Earnings Per Share, Diluted 1.34 USD/shares -87.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 33 M USD -13.2%
Intangible Assets, Net (Excluding Goodwill) 293 M USD -8.72%
Goodwill 70 M USD +14.8%
Assets 8.43 B USD +2.56%
Liabilities 6.99 B USD +1.47%
Accumulated Other Comprehensive Income (Loss), Net of Tax -175 M USD +19.4%
Retained Earnings (Accumulated Deficit) 1.27 B USD +4.98%
Stockholders' Equity Attributable to Parent 1.37 B USD +8.85%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.42 B USD +8.49%
Liabilities and Equity 8.43 B USD +2.56%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 18 M USD -76.6%
Net Cash Provided by (Used in) Financing Activities -47 M USD +83%
Net Cash Provided by (Used in) Investing Activities 51 M USD -88.4%
Common Stock, Shares Authorized 130 M shares 0%
Common Stock, Shares, Issued 46.7 M 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 21 M USD -91.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 296 M USD -2.63%
Depreciation 3 M USD +50%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 98 M USD -71.2%
Deferred Income Tax Expense (Benefit) -2 M USD -100%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -2 M USD
Current Income Tax Expense (Benefit) 10 M USD +66.7%
Preferred Stock, Shares Authorized 20 M shares 0%
Additional Paid in Capital 291 M USD +4.68%
Current State and Local Tax Expense (Benefit) 1 M USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 34 M USD -15%
Share-based Payment Arrangement, Expense 14 M USD -6.67%
Interest Expense 64 M USD -54.3%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%