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Atlas Financial Holdings (Atlas Financial Holdings) Equity-to-Asset : -1.51 (As of Sep. 2022)


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What is Atlas Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Financial Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-32.29 Mil. Atlas Financial Holdings's Total Assets for the quarter that ended in Sep. 2022 was $21.45 Mil. Therefore, Atlas Financial Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -1.51.

The historical rank and industry rank for Atlas Financial Holdings's Equity-to-Asset or its related term are showing as below:

AFHBQ.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.51   Med: 0.23   Max: 0.39
Current: -1.51

During the past 13 years, the highest Equity to Asset Ratio of Atlas Financial Holdings was 0.39. The lowest was -1.51. And the median was 0.23.

AFHBQ.PFD's Equity-to-Asset is not ranked
in the Insurance industry.
Industry Median: 0.24 vs AFHBQ.PFD: -1.51

Atlas Financial Holdings Equity-to-Asset Historical Data

The historical data trend for Atlas Financial Holdings's Equity-to-Asset 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.

Atlas Financial Holdings Equity-to-Asset Chart

Atlas Financial Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.01 -0.06 -0.18 -0.53

Atlas Financial Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset 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 -0.27 -0.53 -0.64 -0.74 -1.51

Competitive Comparison of Atlas Financial Holdings's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Atlas Financial Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlas Financial Holdings's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Atlas Financial Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlas Financial Holdings's Equity-to-Asset falls into.



Atlas Financial Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Atlas Financial Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-25.502/48.185
=-0.53

Atlas Financial Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-32.287/21.45
=-1.51

* 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.


Atlas Financial Holdings  (OTCPK:AFHBQ.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Atlas Financial Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlas Financial Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Financial Holdings (Atlas Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
953 American Lane, 3rd Floor, Schaumburg, Chicago, IL, USA, 60173
Atlas Financial Holdings Inc is engaged in the business of underwriting commercial automobile insurance in the United States. It focuses on the light commercial automobile sector, which includes taxi cabs, non-emergency para-transit, limousine, livery, and business auto. Its automobile insurance products provide insurance coverage in three major areas: liability, accident benefits, and physical damage. The company distributes its insurance products through a network of retail independent agents.
Executives
Steven D Scheiwe director 1741 EDGEFIELD LANE, ENCINITAS CA 92024
Mark E Holliday director 257 SW MARCONI AVENUE, PORTLAND OR 97201
American Financial Group Inc 10 percent owner GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Ronald Konezny director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Walter Frederick Walker director 14419 GREENWOOD AVE. N, STE A 418, SEATTLE WA 98133
Ellbar Partners Management, Llc 10 percent owner 15 E 5TH STREET-SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Magnolia Capital Partners, Llc 10 percent owner 15 E. 5TH STREET, SUITE 3200, TULSA OK 74103
Fitzgerald John Taylor Maloney director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Swets Larry G Jr director 105 S. MAPLE ST., ITASCA IL 60143
Kingsway America Inc 10 percent owner 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Jordan Kupinsky director 395 BROOKE AVENUE, TORONTO A6 M5M2L5
Gordon G Pratt director, officer: Chairman of the Board 1101 BRICKELL AVENUE, SOUTH TOWER, 8TH FLOOR, MIAMI FL 33131
Leslie Dimaggio other: Subsidiary Director/Vice Pres 715 BARBERRY TRAIL, FOX RIVER GROVE IL 60021

Atlas Financial Holdings (Atlas Financial Holdings) Headlines

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