Atlantic American Balance Sheet Health
Financial Health criteria checks 2/6
Atlantic American has a total shareholder equity of $105.8M and total debt of $37.8M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are $387.0M and $281.2M respectively.
Key information
35.7%
Debt to equity ratio
US$37.76m
Debt
Interest coverage ratio | n/a |
Cash | US$23.04m |
Equity | US$105.76m |
Total liabilities | US$281.23m |
Total assets | US$386.99m |
Recent financial health updates
Recent updates
Atlantic American Corporation's (NASDAQ:AAME) Business And Shares Still Trailing The Industry
Sep 19Why Investors Shouldn't Be Surprised By Atlantic American Corporation's (NASDAQ:AAME) 25% Share Price Plunge
Apr 10Atlantic 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 09Atlantic American reports Q3 results
Nov 10Financial Position Analysis
Short Term Liabilities: AAME's short term assets ($75.1M) exceed its short term liabilities ($51.7M).
Long Term Liabilities: AAME's short term assets ($75.1M) do not cover its long term liabilities ($229.5M).
Debt to Equity History and Analysis
Debt Level: AAME's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: AAME's debt to equity ratio has increased from 29% to 35.7% over the past 5 years.
Debt Coverage: AAME's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if AAME's interest payments on its debt are well covered by EBIT.