Atlantic American Balance Sheet Health
Financial Health criteria checks 2/6
Atlantic American has a total shareholder equity of $107.3M and total debt of $36.8M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are $381.3M and $274.0M respectively. Atlantic American's EBIT is $2.7M making its interest coverage ratio 0.8. It has cash and short-term investments of $28.3M.
Key information
34.3%
Debt to equity ratio
US$36.76m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$28.30m |
| Equity | US$107.28m |
| Total liabilities | US$273.99m |
| Total assets | US$381.27m |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By Atlantic American Corporation's (NASDAQ:AAME) 25% Share Price Plunge
Apr 10
Atlantic American Corporation's (NASDAQ:AAME) Shares Leap 27% Yet They're Still Not Telling The Full Story
Jan 04Atlantic American GAAP EPS of -$0.09, revenue of $44.67M
Aug 12With EPS Growth And More, Atlantic American (NASDAQ:AAME) Is Interesting
Dec 21Shareholders May Not Be So Generous With Atlantic American Corporation's (NASDAQ:AAME) CEO Compensation And Here's Why
May 12Atlantic American Corporation's (NASDAQ:AAME) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Feb 09
Atlantic American reports Q3 results
Nov 10Financial Position Analysis
Short Term Liabilities: AAME's short term assets ($73.1M) exceed its short term liabilities ($54.4M).
Long Term Liabilities: AAME's short term assets ($73.1M) do not cover its long term liabilities ($219.6M).
Debt to Equity History and Analysis
Debt Level: AAME's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: AAME's debt to equity ratio has increased from 33.3% to 34.3% over the past 5 years.
Debt Coverage: AAME's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: AAME's interest payments on its debt are not well covered by EBIT (0.8x coverage).