American Other Current Assets from 2010 to 2024

ACIC Stock  USD 13.73  0.09  0.66%   
American Coastal's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 239.8 M this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-12-31
Previous Quarter
368.6 M
Current Value
21.3 M
Quarterly Volatility
671.1 M
 
Housing Crash
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of American Coastal Insurance over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. American Coastal's Other Current Assets 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

American Other Current Assets Regression Statistics

Arithmetic Mean84,124,783
Geometric Mean229,472,068
Coefficient Of Variation398.63
Mean Deviation285,095,487
Median228,404,000
Standard Deviation335,345,544
Sample Variance112456.6T
Range976.1M
R-Value0.48
Mean Square Error92861.8T
R-Squared0.23
Significance0.07
Slope36,213,129
Total Sum of Squares1574392.9T

American Other Current Assets History

2024239.8 M
2023228.4 M
2022394 M
2021364.5 M
2020-499.6 M
2019476.4 M
2018359 M

About American Coastal Financial Statements

American Coastal stakeholders use historical fundamental indicators, such as American Coastal's Other Current Assets, 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
Other Current Assets228.4 M239.8 M

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.