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American Coastal Insurance (FRA:0UI) Total Assets : €1,218.2 Mil (As of Jun. 2024)


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What is American Coastal Insurance Total Assets?

American Coastal Insurance's Total Assets for the quarter that ended in Jun. 2024 was €1,218.2 Mil.

During the past 12 months, American Coastal Insurance's average Total Assets Growth Rate was -26.30% per year. During the past 3 years, the average Total Assets Growth Rate was -24.20% per year. During the past 5 years, the average Total Assets Growth Rate was -3.10% per year. During the past 10 years, the average Total Assets Growth Rate was 32.50% per year.

During the past 13 years, American Coastal Insurance's highest 3-Year average Total Assets Growth Rate was 96.30%. The lowest was -28.30%. And the median was 19.70%.

Total Assets is connected with ROA %. American Coastal Insurance's annualized ROA % for the quarter that ended in Jun. 2024 was 6.41%. Total Assets is also linked to Revenue through Asset Turnover. American Coastal Insurance's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.


American Coastal Insurance Total Assets Historical Data

The historical data trend for American Coastal Insurance's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Coastal Insurance Total Assets Chart

American Coastal Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,220.50 2,341.83 2,388.24 2,678.60 972.37

American Coastal Insurance Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,333.60 1,077.26 972.37 991.13 1,218.18

American Coastal Insurance Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

American Coastal Insurance's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=154.758+817.614
=972.4

American Coastal Insurance's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=207.235+1010.949
=1,218.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


American Coastal Insurance  (FRA:0UI) Total Assets Explanation

Total Assets is connected with ROA %.

American Coastal Insurance's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=70.804/( (991.126+1218.184)/ 2 )
=70.804/1104.655
=6.41 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

American Coastal Insurance's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=63.781/( (991.126+1218.184)/ 2 )
=63.781/1104.655
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

American Coastal Insurance Total Assets Related Terms

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American Coastal Insurance Business Description

Traded in Other Exchanges
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary. The company has two segments namely: Commercial Lines Business and Personal Lines Business. It derives maximum revenue from Commercial Lines Business Segment.

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