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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Coastal Insurance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $168.8 Mil. American Coastal Insurance's Total Assets for the quarter that ended in Dec. 2023 was $1,060.4 Mil. Therefore, American Coastal Insurance's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.
The historical rank and industry rank for American Coastal Insurance's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of American Coastal Insurance was 0.35. The lowest was -0.06. And the median was 0.21.
The historical data trend for American Coastal Insurance'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.
American Coastal Insurance Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.20 | 0.14 | 0.12 | -0.06 | 0.16 |
American Coastal Insurance Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | -0.06 | 0.06 | 0.08 | 0.11 | 0.16 |
For the Insurance - Property & Casualty subindustry, American Coastal Insurance'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.
For the Insurance industry and Financial Services sector, American Coastal Insurance's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where American Coastal Insurance's Equity-to-Asset falls into.
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.
American Coastal Insurance's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Equity to Asset (A: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 168.765 | / | 1060.383 | |
= | 0.16 |
American Coastal Insurance's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
Equity to Asset (Q: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 168.765 | / | 1060.383 | |
= | 0.16 |
* 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 (NAS:ACIC) 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%.
Thank you for viewing the detailed overview of American Coastal Insurance's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Maroney | director | 800 2ND AVE S, ST PETERSBURG FL 33701 |
Kern Michael Davis | 10 percent owner | 6334 BAHAMA SHORES DR, S, ST. PETERSBURG FL 33705 |
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 |
Christopher Griffith | officer: Chief Information Officer | 800 2ND AVE S, ST PETERSBURG FL 33701 |
Kent G Whittemore | director | 360 CENTRAL AVENUE, SUITE 900, SAINT PETERSBURG FL 33701 |
Brad Martz | officer: Chief Financial Officer | C/O UNITED INSURANCE HOLDINGS CORP., 360 CENTRAL AVE., SUITE 900, ST. PETERSBURG FL 33701 |
Sherrill W Hudson | director | 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131 |
Michael Hogan | director | 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577 |
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 |
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