American Coastal Insurance Balance Sheet Health
Financial Health criteria checks 4/6
American Coastal Insurance has a total shareholder equity of $168.8M and total debt of $148.7M, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are $1.1B and $891.6M respectively. American Coastal Insurance's EBIT is $100.6M making its interest coverage ratio 9.3. It has cash and short-term investments of $167.8M.
Key information
88.1%
Debt to equity ratio
US$148.69m
Debt
Interest coverage ratio | 9.3x |
Cash | US$167.77m |
Equity | US$168.77m |
Total liabilities | US$891.62m |
Total assets | US$1.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UI's short term assets ($743.6M) exceed its short term liabilities ($739.5M).
Long Term Liabilities: 0UI's short term assets ($743.6M) exceed its long term liabilities ($152.1M).
Debt to Equity History and Analysis
Debt Level: 0UI has more cash than its total debt.
Reducing Debt: 0UI's debt to equity ratio has increased from 29.6% to 88.1% over the past 5 years.
Debt Coverage: 0UI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0UI's interest payments on its debt are well covered by EBIT (9.3x coverage).