Atlas Financial Holdings, Inc. (AFH) financial statements (2020 and earlier)

Company profile

Business Address 953 AMERICAN LANE, 3RD FLOOR
SCHAUMBURG, IL 60173
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments634046302237
Cash and cash equivalents543546302237
Short-term investments95    
Receivables     50
Disposal group, including discontinued operation     0
Total current assets:634046302287
Noncurrent Assets
Property, plant and equipment3131241233
Long-term investments and receivables192425252314
Long-term investments192425252314
Intangible assets, net (including goodwill)347781
Goodwill  333 
Intangible assets, net (excluding goodwill)344551
Regulated entity, other noncurrent assets   0  
Total noncurrent assets:545957443318
Other undisclosed assets295372380350356179
TOTAL ASSETS:411470483424412284
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Other liabilities     11
Total current liabilities:     11
Noncurrent Liabilities
Other undisclosed liabilities406465392296282164
Total liabilities:406465392296282175
Stockholders' equity
Stockholders' equity attributable to parent4691127130109
Preferred stock    72
Common stock000000
Treasury stock, value(3)(3)    
Additional paid in capital203202201199198196
Accumulated other comprehensive income (loss)1(3)0(0)(1)0
Accumulated deficit(197)(191)(111)(72)(74)(89)
Total stockholders' equity:4691127130109
TOTAL LIABILITIES AND EQUITY:411470483424412284

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues188222222178157102
Premiums earned, net184218
Financial services revenue216171152100
Cost of revenue(215)(221)(204)(135)(19)(75)
Policyholder benefits and claims incurred, net(215)(221)
Deferred policy acquisition costs, amortization expense    (19)(14)
Financial services costs(204)(135) (61)
Gross profit:(27)1184313826
Operating expenses(279)(286)(266)(177)(135)(90)
Operating income (loss):(306)(285)(248)(134)3(63)
Nonoperating income
(Investment Income, Nonoperating)
     4
Interest and debt expense(2)(2)(2)(1)(1) 
Other undisclosed income from continuing operations before equity method investments, income taxes2172232061361972
Income (loss) from continuing operations before equity method investments, income taxes:(91)(64)(44)12212
Income from equity method investments1    1
Income (loss) from continuing operations before income taxes:(91)(64)(44)12213
Income tax expense (benefit)(11)(16)52(8)6
Net income (loss):(102)(80)(39)31418
Other undisclosed net loss attributable to parent(1)    (1)
Net income (loss) attributable to parent:(103)(80)(39)31418
Preferred stock dividends and other adjustments   (0)(0)(0)
Net income (loss) available to common stockholders, basic:(103)(80)(39)21418
Other undisclosed net income available to common stockholders, diluted    00
Net income (loss) available to common stockholders, diluted:(103)(80)(39)21418

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(102)(80)(39)31418
Other comprehensive income (loss)3(3)01(1)2
Comprehensive income (loss):(99)(83)(39)31320
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0    (1)
Comprehensive income (loss), net of tax, attributable to parent:(99)(83)(39)31319

Statements sources

The financial statements are based on the company's filings with the 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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