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American Coastal Insurance (American Coastal Insurance) Equity-to-Asset : 0.16 (As of Dec. 2023)


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What is American Coastal Insurance Equity-to-Asset?

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:

ACIC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06   Med: 0.21   Max: 0.35
Current: 0.16

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.

ACIC's Equity-to-Asset is ranked worse than
63.41% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs ACIC: 0.16

American Coastal Insurance Equity-to-Asset Historical Data

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.

* Premium members only.

American Coastal Insurance Equity-to-Asset Chart

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 Premium Member Only Premium Member Only 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 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 -0.06 0.06 0.08 0.11 0.16

Competitive Comparison of American Coastal Insurance's Equity-to-Asset

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.


American Coastal Insurance's Equity-to-Asset Distribution in the Insurance Industry

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.



American Coastal Insurance 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.

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%.


American Coastal Insurance Equity-to-Asset Related Terms

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.


American Coastal Insurance (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.
Executives
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

American Coastal Insurance (American Coastal Insurance) Headlines

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