American Historical Income Statement
ACIC Stock | USD 13.52 0.05 0.37% |
Historical analysis of American Coastal income statement accounts such as Selling General Administrative of 43 M, Total Revenue of 404.9 M or Gross Profit of 404.9 M can show how well American Coastal Insurance performed in making a profits. Evaluating American Coastal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of American Coastal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining American Coastal Ins latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether American Coastal Ins is a good buy for the upcoming year.
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About American Income Statement Analysis
American Coastal Ins Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to American Coastal shareholders. The income statement also shows American investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
American Coastal Income Statement Chart
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Total Revenue
Total revenue comprises all receipts American Coastal Ins generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of American Coastal Insurance minus its cost of goods sold. It is profit before American Coastal operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of American Coastal Ins. It is also known as American Coastal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from American Coastal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into American Coastal Ins current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Coastal Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, American Coastal's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 404.9 M, whereas Other Operating Expenses is forecasted to decline to about 37.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 634.5M | 455.4M | 286.5M | 404.9M | Total Revenue | 634.5M | 455.4M | 286.5M | 404.9M |
American Coastal income statement Correlations
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American Coastal Account Relationship Matchups
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American Coastal income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 9.8M | 9.6M | 9.4M | 9.6M | 10.9M | 11.4M | |
Selling General Administrative | 66.0M | 72.1M | 57.2M | 63.3M | 29.5M | 43.0M | |
Total Revenue | 825.1M | 846.7M | 634.5M | 455.4M | 286.5M | 404.9M | |
Gross Profit | 825.1M | 846.7M | 634.5M | 455.4M | 286.5M | 404.9M | |
Other Operating Expenses | 857.7M | 229.9K | 718.4M | 898.0M | 39.7M | 37.7M | |
Operating Income | (49.6M) | (229.9K) | (106.1M) | (460.0M) | 246.8M | 259.2M | |
Ebit | (49.2M) | (122.5M) | (1.1M) | (6.0M) | 102.8M | 108.0M | |
Ebitda | (37.6M) | (111.8M) | 10.3M | 2.0M | 107.7M | 113.1M | |
Cost Of Revenue | 509.3M | 670.8M | 487.8M | 690.9M | 794.5M | 834.3M | |
Total Operating Expenses | (874.7M) | (229.9K) | (740.6M) | (915.4M) | 39.7M | 41.7M | |
Income Before Tax | (32.6M) | (131.3K) | (83.9M) | (442.6M) | 92.0M | 96.6M | |
Net Income Applicable To Common Shares | (29.9M) | (96.5M) | (57.9M) | (469.9M) | (422.9M) | (401.7M) | |
Net Income | (29.9M) | (131.3K) | (57.9M) | (468.0M) | 309.9M | 325.4M | |
Income Tax Expense | (3.1M) | (36.6M) | (24.0M) | 25.5M | 9.8M | 10.3M | |
Depreciation And Amortization | 11.7M | 10.7M | 11.4M | 8.0M | 4.8M | 8.5M | |
Total Other Income Expense Net | 16.6M | (132.1M) | (10.4M) | 214.5M | (154.8M) | (147.1M) | |
Net Income From Continuing Ops | (33.2M) | (96.6M) | (59.9M) | (468.1M) | (363.8M) | (345.7M) | |
Non Operating Income Net Other | 28.5M | 64.8M | (18.1M) | (46.2M) | (41.6M) | (39.5M) | |
Tax Provision | (3.1M) | (36.6M) | (24.0M) | 25.5M | 8.1M | 8.5M | |
Minority Interest | 104K | 387K | 956K | 1.9M | 111K | 0.0 | |
Net Interest Income | (9.8M) | (9.6M) | (9.4M) | (9.6M) | (10.7M) | (11.2M) | |
Selling And Marketing Expenses | 1.4M | 1.2M | 910K | 716K | 10.2M | 10.8M | |
Reconciled Depreciation | 12.0M | 11.0M | 11.8M | 23.3M | 8.6M | 14.0M |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Coastal Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.