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Atlantic American (Atlantic American) Equity-to-Asset

: 0.28 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlantic American's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $107.3 Mil. Atlantic American's Total Assets for the quarter that ended in Dec. 2023 was $381.3 Mil. Therefore, Atlantic American's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

The historical rank and industry rank for Atlantic American's Equity-to-Asset or its related term are showing as below:

AAME' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.33   Max: 0.36
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Atlantic American was 0.36. The lowest was 0.28. And the median was 0.33.

AAME's Equity-to-Asset is ranked better than
58.82% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs AAME: 0.28

Atlantic American Equity-to-Asset Historical Data

The historical data trend for Atlantic American'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.

Atlantic American Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.36 0.35 0.28 0.28

Atlantic American 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 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 Premium Member Only Premium Member Only Premium Member Only 0.28 0.30 0.28 0.27 0.28

Competitive Comparison

For the Insurance - Life subindustry, Atlantic American'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.


Atlantic American Equity-to-Asset Distribution

For the Insurance industry and Financial Services sector, Atlantic American's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlantic American's Equity-to-Asset falls into.



Atlantic American 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.

Atlantic American'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
=107.275/381.265
=0.28

Atlantic American'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
=107.275/381.265
=0.28

* 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.


Atlantic American  (NAS:AAME) 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%.


Atlantic American Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlantic American's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantic American (Atlantic American) Business Description

Traded in Other Exchanges
N/A
Address
4370 Peachtree Road, N.E., Atlanta, GA, USA, 30319
Atlantic American Corp operates in specialty markets within the life and health and property and casualty insurance industries. It provides property and casualty insurance including bodily injury and property damage liability coverage, uninsured motorist coverage, and physical damage coverage for commercial accounts. It also provides tailored business automobile insurance coverage, on a multi-year contract basis, to state governments and local municipalities. The company's life and health operations offer a variety of life and supplemental health products including ordinary and term life insurance, Medicare supplement, and other health insurance. It earns revenue from the collection of premiums and investment income.
Executives
Harriett J Robinson director, 10 percent owner, other: Trustee under Rule 16a-8
Bankers Fidelity Life Insurance Co other: Wholly owned subsidiary 4370 PEACHTREE ROAD NE, ATLANTA GA 30319
Jeffrey Ross Franklin officer: CFO 4370 PEACHTREE ROAD NE, ATLANTA GA 30319
Mark E. Preisinger director C/O ATLANTIC AMERICAN CORPORATION, 4370 PEACHTREE ROAD, SUITE 200, ATLANTA GA 30319
D Keehln Wheeler director 3731 WIEUCA ROAD, ATLANTA GA 30342
William H Whaley director 3980 RANDALL MILL RD NW, ATLANTA GA 30327
Joseph M Scheerer director 41 PARK AVENUE, APARTMENT #8H, NEW YORK NY 10016
Samuel E Hudgins director
Edward E Elson director
Dom H Wyant director
J Mack Robinson 10 percent owner 4370 PEACHTREE RD, ATLANTA GA 30319
Robin Robinson Howell director 3656 TUXEDO ROAD NW, ATLANTA GA 30305
Sample John G Jr officer: Senior Vice President & CFO
Howell Hilton H Jr director, officer: Chairman, President & CEO 4370 PEACHTREE ROAD, N.E., ATLANTA GA 30319
Scott G Thompson director, officer: Pres & CEO Am. Sou. Ins. Co.