American Current Ratio from 2010 to 2024

ACIC Stock  USD 13.73  0.09  0.66%   
American Coastal's Current Ratio is increasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 1.93. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.03386199
Current Value
1.93
Quarterly Volatility
31.30251134
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American Coastal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American Coastal's main balance sheet or income statement drivers, such as Interest Expense of 11.4 M, Selling General Administrative of 43 M or Total Revenue of 404.9 M, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0714 or PTB Ratio of 1.4. American financial statements analysis is a perfect complement when working with American Coastal Valuation or Volatility modules.
  
Check out the analysis of American Coastal Correlation against competitors.

Latest American Coastal's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of American Coastal Insurance over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. American Coastal's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American Coastal's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

American Current Ratio Regression Statistics

Arithmetic Mean14.29
Geometric Mean5.86
Coefficient Of Variation219.10
Mean Deviation15.36
Median6.50
Standard Deviation31.30
Sample Variance979.85
Range126
R-Value0.21
Mean Square Error1,011
R-Squared0.04
Significance0.46
Slope1.44
Total Sum of Squares13,718

American Current Ratio History

2024 1.93
2023 2.03
2022 17.3
2021 6.01
2020 126.46
2019 7.1
2018 6.89

About American Coastal Financial Statements

American Coastal stakeholders use historical fundamental indicators, such as American Coastal's Current Ratio, to determine how well the company is positioned to perform in the future. Although American Coastal investors may analyze each financial statement separately, they are all interrelated. For example, changes in American Coastal's assets and liabilities are reflected in the revenues and expenses on American Coastal's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in American Coastal Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.03  1.93 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether American Coastal Ins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Coastal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Coastal Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Coastal Insurance Stock:
Check out the analysis of American Coastal Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Coastal. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Coastal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.74
Revenue Per Share
6.188
Quarterly Revenue Growth
(0.23)
Return On Assets
0.0641
Return On Equity
0.4462
The market value of American Coastal Ins is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Coastal's value that differs from its market value or its book value, called intrinsic value, which is American Coastal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Coastal's market value can be influenced by many factors that don't directly affect American Coastal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Coastal's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Coastal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Coastal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.