AMERISAFE Financials

AMSF Stock  USD 58.07  0.23  0.40%   
Based on the measurements of operating efficiency obtained from AMERISAFE's historical financial statements, AMERISAFE is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, AMERISAFE's Property Plant And Equipment Net is most likely to decrease significantly in the upcoming years. The AMERISAFE's current Retained Earnings is estimated to increase to about 152.8 M, while Net Debt is projected to decrease to (40.6 M). Key indicators impacting AMERISAFE's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.110.2024
Way Down
Slightly volatile
Return On Assets0.02960.0505
Way Down
Very volatile
Return On Equity0.220.2124
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.06940.0661
Sufficiently Up
Slightly volatile
Operating Income64.5 M77.3 M
Fairly Down
Slightly volatile
Current Ratio14.6915.47
Notably Down
Pretty Stable
Investors should never underestimate AMERISAFE's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor AMERISAFE's cash flow, debt, and profitability to make informed and accurate decisions about investing in AMERISAFE.

Net Income

47.87 Million

  
Understanding current and past AMERISAFE Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AMERISAFE's financial statements are interrelated, with each one affecting the others. For example, an increase in AMERISAFE's assets may result in an increase in income on the income statement.

AMERISAFE Stock Summary

AMERISAFE competes with Assured Guaranty, MBIA, Enact Holdings, ICC Holdings, and James River. AMERISAFE, Inc., an insurance holding company, underwrites workers compensation insurance in the United States. The company was incorporated in 1985 and is based in DeRidder, Louisiana. Amerisafe operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 371 people.
Specialization
Financial Services, Insurance - Specialty
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS03071H1005
CUSIP03071H100
LocationLouisiana; U.S.A
Business Address2301 Highway 190
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.amerisafe.com
Phone337 463 9052
CurrencyUSD - US Dollar

AMERISAFE Key Financial Ratios

AMERISAFE Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.4B1.3B1.2B1.2B
Net Debt(43.3M)(61.3M)(70.3M)(61.1M)(38.7M)(40.6M)
Retained Earnings227.2M224.6M190.5M145.5M114.3M152.8M
Other Assets63.9M51.3M57.1M(281.0M)(1.9B)(1.8B)
Net Receivables253.9M262.6M255.7M257.3M272.9M252.8M
Total Liab40.1M38.9M37.9M951.8M936.7M811.6M
Total Current Assets297.7M324.3M326.4M654.0M628.6M433.5M
Cash43.8M61.8M70.7M61.5M38.7M65.1M
Other Current Liab(40.1M)(417K)(44.3M)(39.5M)544.0M571.2M
Other Liab642.5M902.8M882.3M798.8M918.6M468.7M
Accounts Payable40.1M38.9M37.9M38.1M43.8M32.9M
Long Term Debt37.9M43.4M42.9M48.8M56.1M38.6M
Other Current Assets345.2M397.9M379.9M276.9M271.6M298.6M
Net Tangible Assets430.2M438.8M399.3M317.4M285.7M328.5M
Good Will1.1B1.1B987.8M816.9M939.4M986.4M
Long Term Debt Total37.9M43.4M42.9M48.8M56.1M43.7M
Capital Surpluse213.0M215.3M217.5M220.3M253.3M226.0M
Inventory(345.2M)(397.9M)(379.9M)68.2M(271.6M)(258.0M)
Intangible Assets19.0M17.8M17.1M17.4M18.0M19.1M

AMERISAFE Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.5M17.9M9.0M(9.3M)(22.8M)(21.6M)
Free Cash Flow77.8M62.5M36.7M26.1M29.3M27.8M
Depreciation942K1.0M1.0M1.3M1.4M1.2M
Other Non Cash Items4.0M2.9M(5.2M)11.4M(4.8M)(4.6M)
Capital Expenditures1.0M921K1.3M2.1M553K1.1M
Net Income92.7M86.6M65.8M55.6M62.1M51.3M
End Period Cash Flow43.8M61.8M70.7M61.5M38.7M63.8M
Change To Inventory(37.6M)(24.0M)(32.0M)(19.1M)(17.2M)(16.3M)
Dividends Paid87.0M88.8M99.9M100.4M93.3M61.7M
Investments17.2M55.6M72.2M69.0M53.6M56.3M
Change Receivables21.1M(8.7M)8.2M8.3M9.5M10.0M
Change To Netincome3.2M3.9M1.9M(2.1M)(2.4M)(2.3M)

AMERISAFE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AMERISAFE's current stock value. Our valuation model uses many indicators to compare AMERISAFE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AMERISAFE competition to find correlations between indicators driving AMERISAFE's intrinsic value. More Info.
AMERISAFE is number one stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about  0.20  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AMERISAFE is roughly  5.05 . At this time, AMERISAFE's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value AMERISAFE by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

AMERISAFE Systematic Risk

AMERISAFE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AMERISAFE volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on AMERISAFE correlated with the market. If Beta is less than 0 AMERISAFE generally moves in the opposite direction as compared to the market. If AMERISAFE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AMERISAFE is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AMERISAFE is generally in the same direction as the market. If Beta > 1 AMERISAFE moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in AMERISAFE Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AMERISAFE's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AMERISAFE growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.25

At this time, AMERISAFE's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

AMERISAFE November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AMERISAFE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AMERISAFE. We use our internally-developed statistical techniques to arrive at the intrinsic value of AMERISAFE based on widely used predictive technical indicators. In general, we focus on analyzing AMERISAFE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AMERISAFE's daily price indicators and compare them against related drivers.

Complementary Tools for AMERISAFE Stock analysis

When running AMERISAFE's price analysis, check to measure AMERISAFE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMERISAFE is operating at the current time. Most of AMERISAFE's value examination focuses on studying past and present price action to predict the probability of AMERISAFE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMERISAFE's price. Additionally, you may evaluate how the addition of AMERISAFE to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Money Managers
Screen money managers from public funds and ETFs managed around the world
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data