Associated Capital Group, Inc. (AC) Financial Statements (2024 and earlier)

Company Profile

Business Address 191 MASON STREET
GREENWICH, CT 06830
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 6211 - Security Brokers, Dealers, and Flotation Companies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments404,463653,131633,849348,588409,564293,112
Cash and cash equivalents218,462319,04839,509348,588409,564293,112
Short-term investments186,001334,083594,340   
Total current assets:404,463653,131633,849348,588409,564293,112
Noncurrent Assets
Property, plant and equipment 16,85317,19017,5306,6008439
Long-term investments and receivables114,700112,60099,100124,800100,100124,500
Long-term investments114,700112,60099,100124,800100,100124,500
Intangible assets, net (including goodwill)3,5193,5193,5193,5193,5193,422
Goodwill3,5193,5193,5193,5193,5193,422
Deferred income tax assets 2,517 2,2072,004
Total noncurrent assets:137,589133,309122,356136,923103,703127,961
Other undisclosed assets385,638416,896418,340525,395441,166585,842
TOTAL ASSETS:927,6901,203,3361,174,5451,010,906954,4331,006,915
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities27,30165,53466,32863,08638,38542,538
Total liabilities:27,30165,53466,32863,08638,38542,538
Temporary equity, carrying amount10,193202,456206,82850,38549,80046,230
Equity
Equity, attributable to parent, including:890,196937,102898,938896,432866,248918,147
Treasury stock, value(124,002)(121,427)(113,783)(106,342)(102,207)(62,895)
Additional paid in capital999,047990,069999,0471,003,4501,008,3191,010,505
Accumulated other comprehensive income      6,712
Retained earnings (accumulated deficit)15,12668,43513,649(701)(39,889)13,800
Other undisclosed equity, attributable to parent2525252525(49,975)
Equity, attributable to noncontrolling interest  (1,756)2,4511,003  
Total equity:890,196935,346901,389897,435866,248918,147
TOTAL LIABILITIES AND EQUITY:927,6901,203,3361,174,5451,010,906954,4331,006,915

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues15,22893,40536,86460,75722,77926,915
Principal transactions revenue, net93,40536,86460,757(65,203)
Gain (loss) on disposition of assets for financial service operations12,846   (37)
Financial services revenue26,750
Gross profit:15,22893,40536,86460,75722,77926,915
Operating expenses(26,490)(40,000)(31,452)(47,023)(36,259)(47,301)
Other undisclosed operating income (loss) (72,481)(17,881)(29,492)  
Operating loss:(11,262)(19,076)(12,469)(15,758)(13,480)(20,386)
Nonoperating income (expense)(49,203)100,41542,35270,666(55,381)26,650
Investment income, nonoperating(45,860)12,1098,67513,40713,38410,501
Interest and debt expense(216)(310)(180)(217)(262)(227)
Other undisclosed income from continuing operations before equity method investments, income taxes216310180217262227
Income (loss) from continuing operations before equity method investments, income taxes:(60,465)81,33929,88354,908(68,861)6,264
Loss from equity method investments(1,895)     
Other undisclosed income from continuing operations before income taxes1,895     
Income (loss) from continuing operations before income taxes:(60,465)81,33929,88354,908(68,861)6,264
Income tax expense (benefit)14,943(17,705)(9,374)(12,126)11,4782,420
Income (loss) from continuing operations:(45,522)63,63420,50942,782(57,383)8,684
Income (loss) before gain (loss) on sale of properties:63,63421,14142,782(57,383)8,684
Income from discontinued operations   632   
Other undisclosed net loss   (1,264)   
Net income (loss):(45,522)63,63419,87742,782(57,383)8,684
Net income (loss) attributable to noncontrolling interest(3,385)(4,431)(1,061)(3,594)(716)153
Net income (loss) available to common stockholders, diluted:(48,907)59,20318,81639,188(58,099)8,837

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(45,522)63,63419,87742,782(57,383)8,684
Other comprehensive loss      (277)
Other undisclosed comprehensive income      5,672
Comprehensive income (loss):(45,522)63,63419,87742,782(57,383)14,079
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(3,385)(4,431)(1,061)(3,594)(716)153
Comprehensive income (loss), net of tax, attributable to parent:(48,907)59,20318,81639,188(58,099)14,232

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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