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Atlantic American (Atlantic American) Liabilities-to-Assets : 0.72 (As of Dec. 2023)


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What is Atlantic American Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Atlantic American's Total Liabilities for the quarter that ended in Dec. 2023 was $274.0 Mil. Atlantic American's Total Assets for the quarter that ended in Dec. 2023 was $381.3 Mil. Therefore, Atlantic American's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.72.


Atlantic American Liabilities-to-Assets Historical Data

The historical data trend for Atlantic American's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Atlantic American Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.64 0.65 0.72 0.72

Atlantic American Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.72 0.71 0.72 0.73 0.72

Competitive Comparison of Atlantic American's Liabilities-to-Assets

For the Insurance - Life subindustry, Atlantic American's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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's Liabilities-to-Assets Distribution in the Insurance Industry

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

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



Atlantic American Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Atlantic American's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=273.99/381.265
=0.72

Atlantic American's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=273.99/381.265
=0.72

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Atlantic American Liabilities-to-Assets Related Terms

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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.