ACIC: American Coastal Insurance Corp Financial Statements
Balance sheet, income statement, and cash flow statements for American Coastal Insurance Corp (ACIC).
$648.84M Market Cap.
ACIC Market Cap. (MRY)
ACIC Shares Outstanding (MRY)
ACIC Assets (MRY)
Total Assets
$1.22B
Total Liabilities
$980.45M
Total Investments
$341.42M
ACIC Income (MRY)
Revenue
$296.66M
Net Income
$75.72M
Operating Expense
$115.75M
ACIC Cash Flow (MRY)
CF Operations
$243.51M
CF Investing
-$179.21M
CF Financing
-$13.84M
ACIC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,216,112,000 (14.47%) | $1,062,378,000 (-62.56%) | $2,837,496,000 (5.15%) | $2,698,573,000 (-5.28%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $65,384,000 (-3.88%) | $68,024,000 (-5.84%) | $72,246,000 (-20.97%) | $91,420,000 (-3.74%) |
Shareholders Equity | $235,660,000 (39.64%) | $168,765,000 (192.71%) | -$182,039,000 (-158.27%) | $312,406,000 (-21.06%) |
Property Plant & Equipment Net | $5,736,000 (56.81%) | $3,658,000 (-30.89%) | $5,293,000 (-83.23%) | $31,561,000 (-7.68%) |
Cash & Equivalents | $199,393,000 (27.00%) | $157,000,000 (34.31%) | $116,891,000 (-52.34%) | $245,278,000 (-18.65%) |
Accumulated Other Comprehensive Income | -$15,666,000 (8.58%) | -$17,137,000 (44.62%) | -$30,947,000 (-373.85%) | -$6,531,000 (-167.38%) |
Deferred Revenue | $285,354,000 (3.33%) | $276,157,000 (6.63%) | $258,978,000 (-59.84%) | $644,940,000 (-10.91%) |
Total Investments | $341,418,000 (120.45%) | $154,874,000 (-30.86%) | $224,014,000 (-68.87%) | $719,566,000 (-27.69%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $309,983,000 (-19.85%) | $386,744,000 (-53.73%) | $835,847,000 (-22.34%) | $1,076,286,000 (18.47%) |
Trade & Non-Trade Payables | $169,270,000 (124.23%) | $75,489,000 (-29.38%) | $106,889,000 (-75.67%) | $439,407,000 (6.98%) |
Accumulated Retained Earnings (Deficit) | -$184,772,000 (22.16%) | -$237,389,000 (56.55%) | -$546,296,000 (-629.33%) | -$74,904,000 (-1028.92%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $152,343,000 (1.95%) | $149,427,000 (-0.41%) | $150,044,000 (-5.33%) | $158,495,000 (-1.16%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $980,452,000 (9.72%) | $893,613,000 (-70.41%) | $3,019,535,000 (27.59%) | $2,366,616,000 (-2.66%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
ACIC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $296,657,000 (12.20%) | $264,400,000 (19.27%) | $221,673,000 (-3.07%) | $228,685,000 (-72.99%) |
Cost of Revenue | $69,319,000 (48.50%) | $46,678,000 (-51.43%) | $96,109,000 (-8.74%) | $105,309,000 (-84.07%) |
Selling General & Administrative Expense | $115,746,000 (2.43%) | $112,995,000 (-9.42%) | $124,742,000 (0.10%) | $124,619,000 (-59.55%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $115,746,000 (2.43%) | $112,995,000 (-9.42%) | $124,742,000 (0.10%) | $124,619,000 (-59.55%) |
Interest Expense | $11,996,000 (10.31%) | $10,875,000 (14.68%) | $9,483,000 (1.93%) | $9,303,000 (-2.91%) |
Income Tax Expense | $25,340,000 (132.99%) | $10,876,000 (-58.54%) | $26,233,000 (491.60%) | -$6,699,000 (81.70%) |
Net Loss Income from Discontinued Operations | $601,000 (100.27%) | -$224,707,000 (-150.45%) | $445,414,000 (693.26%) | $56,150,000 (0%) |
Consolidated Income | $75,718,000 (-75.57%) | $309,911,000 (165.94%) | -$469,966,000 (-685.00%) | -$59,868,000 (37.31%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | -$111,000 (94.30%) | -$1,949,000 (-303.87%) |
Net Income | $75,718,000 (-75.57%) | $309,911,000 (165.96%) | -$469,855,000 (-711.23%) | -$57,919,000 (39.95%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $75,718,000 (-75.57%) | $309,911,000 (165.96%) | -$469,855,000 (-711.23%) | -$57,919,000 (39.95%) |
Weighted Average Shares | $47,831,412 (9.71%) | $43,596,432 (1.26%) | $43,052,070 (0.24%) | $42,948,850 (0.20%) |
Weighted Average Shares Diluted | $49,362,985 (11.21%) | $44,388,804 (3.10%) | $43,052,070 (0.24%) | $42,948,850 (0.20%) |
Earning Before Interest & Taxes (EBIT) | $113,054,000 (-65.91%) | $331,662,000 (176.40%) | -$434,139,000 (-684.85%) | -$55,315,000 (55.20%) |
Gross Profit | $227,338,000 (4.42%) | $217,722,000 (73.40%) | $125,564,000 (1.77%) | $123,376,000 (-33.48%) |
Operating Income | $111,592,000 (6.56%) | $104,727,000 (12640.51%) | $822,000 (166.13%) | -$1,243,000 (98.99%) |
ACIC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$179,211,000 (-6944.46%) | -$2,544,000 (-101.07%) | $236,835,000 (-5.78%) | $251,377,000 (587.46%) |
Net Cash Flow from Financing | -$13,840,000 (-151.70%) | $26,769,000 (205.43%) | -$25,390,000 (-108.01%) | -$12,206,000 (-4.74%) |
Net Cash Flow from Operations | $243,509,000 (279.05%) | -$136,003,000 (21.44%) | -$173,113,000 (41.40%) | -$295,391,000 (-2721.04%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $50,458,000 (145.14%) | -$111,778,000 (-391.60%) | $38,332,000 (168.18%) | -$56,220,000 (-489.31%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$232,582,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$179,189,000 (-178.04%) | $229,605,000 (5.01%) | $218,646,000 (-14.81%) | $256,648,000 (441.29%) |
Capital Expenditure | -$22,000 (-105.08%) | $433,000 (-97.62%) | $18,189,000 (445.08%) | -$5,271,000 (51.41%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | -$4,441,000 (-144.41%) | -$1,817,000 (-47.84%) |
Issuance (Purchase) of Equity Shares | $11,621,000 (-56.63%) | $26,793,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$24,102,000 (0%) | $0 (0%) | -$2,589,000 (74.99%) | -$10,350,000 (-0.36%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $2,545,000 (93.10%) | $1,318,000 (-5.04%) | $1,388,000 (17.13%) | $1,185,000 (-14.25%) |
Depreciation Amortization & Accretion | $9,613,000 (-17.36%) | $11,632,000 (-59.80%) | $28,936,000 (40.59%) | $20,582,000 (17.83%) |
ACIC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 76.60% (-6.93%) | 82.30% (45.41%) | 56.60% (4.81%) | 54.00% (146.58%) |
Profit Margin | 25.50% (-78.24%) | 117.20% (155.28%) | -212.00% (-737.94%) | -25.30% (-121.93%) |
EBITDA Margin | 41.30% (-68.18%) | 129.80% (171.01%) | -182.80% (-1102.63%) | -15.20% (-21.60%) |
Return on Average Equity (ROAE) | 32.80% (-86.99%) | 252.10% (143.37%) | -581.30% (-3240.80%) | -17.40% (15.94%) |
Return on Average Assets (ROAA) | 6.40% (-73.66%) | 24.30% (238.07%) | -17.60% (-826.32%) | -1.90% (45.71%) |
Return on Sales (ROS) | 38.10% (-69.62%) | 125.40% (164.04%) | -195.80% (-709.09%) | -24.20% (-65.75%) |
Return on Invested Capital (ROIC) | 11.10% (-58.89%) | 27.00% (256.07%) | -17.30% (-765.00%) | -2.00% (59.18%) |
Dividend Yield | 0% (0%) | 0% (0%) | 5.70% (3.64%) | 5.50% (30.95%) |
Price to Earnings Ratio (P/E) | 8.46 (535.99%) | 1.33 (1472.16%) | -0.1 (96.98%) | -3.21 (-26.48%) |
Price to Sales Ratio (P/S) | 2.17 (39.10%) | 1.56 (657.28%) | 0.21 (-74.72%) | 0.81 (181.03%) |
Price to Book Ratio (P/B) | 2.75 (11.87%) | 2.46 (1076.59%) | -0.25 (-142.00%) | 0.6 (-3.69%) |
Debt to Equity Ratio (D/E) | 4.16 (-21.44%) | 5.29 (131.92%) | -16.59 (-318.97%) | 7.58 (23.29%) |
Earnings Per Share (EPS) | 1.59 (-77.64%) | 7.11 (165.17%) | -10.91 (-708.15%) | -1.35 (40.00%) |
Sales Per Share (SPS) | 6.2 (2.26%) | 6.07 (17.79%) | 5.15 (-3.31%) | 5.33 (-73.04%) |
Free Cash Flow Per Share (FCFPS) | 5.09 (263.70%) | -3.11 (13.59%) | -3.6 (48.59%) | -7 (-1308.45%) |
Book Value Per Share (BVPS) | 4.93 (27.28%) | 3.87 (191.56%) | -4.23 (-158.12%) | 7.27 (-21.22%) |
Tangible Assets Book Value Per Share (TABVPS) | 24.06 (5.48%) | 22.81 (-64.49%) | 64.23 (5.81%) | 60.7 (-5.52%) |
Enterprise Value Over EBIT (EV/EBIT) | 5 (400.00%) | 1 (0%) | 0 (0%) | -2 (0%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 4.54 (259.21%) | 1.26 (2119.30%) | 0.06 (101.58%) | -3.62 (-1173.59%) |
Asset Turnover | 0.25 (20.77%) | 0.21 (149.40%) | 0.08 (9.21%) | 0.08 (-75.16%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0.06 (-75.00%) | $0.24 (0.00%) |
Free Cash Flow (FCF) | $243,487,000 (279.60%) | -$135,570,000 (12.49%) | -$154,924,000 (48.47%) | -$300,662,000 (-1310.30%) |
Enterprise Value (EV) | $557,400,789 (28.34%) | $434,329,923 (1968.86%) | -$23,240,424 (-118.50%) | $125,646,059 (316.64%) |
Earnings Before Tax (EBT) | $101,058,000 (-68.50%) | $320,787,000 (172.31%) | -$443,622,000 (-586.53%) | -$64,618,000 (51.44%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $122,667,000 (-64.27%) | $343,294,000 (184.72%) | -$405,203,000 (-1066.62%) | -$34,733,000 (67.24%) |
Invested Capital | $1,103,678,000 (11.85%) | $986,781,000 (-64.74%) | $2,798,403,000 (11.03%) | $2,520,370,000 (-3.54%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,150,728,000 (15.73%) | $994,354,000 (-64.04%) | $2,765,250,000 (6.06%) | $2,607,153,000 (-5.33%) |
Market Capitalization | $648,838,789 (56.24%) | $415,272,923 (804.60%) | $45,906,576 (-75.52%) | $187,513,059 (-23.91%) |
Average Equity | $230,576,750 (87.58%) | $122,925,000 (52.07%) | $80,834,500 (-75.71%) | $332,789,750 (-28.56%) |
Average Assets | $1,187,145,500 (-6.97%) | $1,276,089,750 (-52.31%) | $2,675,783,000 (-10.65%) | $2,994,788,750 (8.15%) |
Invested Capital Average | $1,018,656,250 (-17.12%) | $1,229,142,500 (-51.06%) | $2,511,659,000 (-10.19%) | $2,796,769,750 (10.87%) |
Shares | 48,204,962 (9.81%) | 43,897,772 (1.36%) | 43,308,091 (0.24%) | 43,205,774 (0.29%) |
