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ACIC (American Coastal Insurance) Ending Cash Position : $262.5 Mil (As of Sep. 2024)


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What is American Coastal Insurance Ending Cash Position?

American Coastal Insurance's Ending Cash Position for the quarter that ended in Sep. 2024 was $262.5 Mil.

American Coastal Insurance's quarterly Ending Cash Position declined from Mar. 2024 ($305.7 Mil) to Jun. 2024 ($281.4 Mil) and declined from Jun. 2024 ($281.4 Mil) to Sep. 2024 ($262.5 Mil).

American Coastal Insurance's annual Ending Cash Position increased from Dec. 2021 ($245.3 Mil) to Dec. 2022 ($283.6 Mil) but then declined from Dec. 2022 ($283.6 Mil) to Dec. 2023 ($171.8 Mil).

American Coastal Insurance Ending Cash Position Historical Data

The historical data trend for American Coastal Insurance's Ending Cash Position 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 Ending Cash Position Chart

American Coastal Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 287.06 301.50 245.28 283.61 171.83

American Coastal Insurance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Ending Cash Position 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 130.49 171.83 305.71 281.36 262.46

American Coastal Insurance Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

American Coastal Insurance's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=283.61+-111.778
=171.8

American Coastal Insurance's Ending Cash Position for the quarter that ended in Sep. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=281.362+-18.906
=262.5

American Coastal Insurance Ending Cash Position Related Terms

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American Coastal Insurance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Coastal Insurance Corp (NAS:ACIC) » Definitions » Ending Cash Position
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Traded in Other Exchanges
0UI:Germany
Address
800 2nd Avenue South, Saint Petersburg, FL, USA, 33701
Website
https://www.amcoastal.com
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.
Executives
Michael Hogan director 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577
Brad Martz officer: Chief Financial Officer C/O UNITED INSURANCE HOLDINGS CORP., 360 CENTRAL AVE., SUITE 900, ST. PETERSBURG FL 33701
Christopher Griffith officer: Chief Information Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Kern Michael Davis 10 percent owner 6334 BAHAMA SHORES DR, S, ST. PETERSBURG FL 33705
Patrick Maroney director 800 2ND AVE S, ST PETERSBURG FL 33701
Hood Iii William H. 10 percent owner 3962 TARIAN CT, PALM HARBOR FL 34684
Alec Ii Poitevint director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Kent G Whittemore director 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Gregory C Branch director, 10 percent owner, other: Chairman of the Board 360 CENTRAL AVENUE, SUITE 900, SAINT PETERBURG FL 33701
Brooke Shirazi officer: Chief Underwriting Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
John Scott St officer: Chief Claims Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Brooke Adler officer: Chief Legal Officer 800 2ND AVE S, ST PETERSBURG FL 33701
Alycia Weigley officer: Chief Talent Officer 800 2ND AVE S, ST. PETERSBURG FL 33701
Christian Dittman officer: Chief Risk Officer 800 2ND AVE S, ST PETERSBURG FL 33701