AMERISAFE, Inc. (AMSF) financial statements (2022 and earlier)

Company profile

Business Address 2301 HIGHWAY 190 WEST
DERIDDER, LA 70634
State of Incorp. TX
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1351057255818977
Cash and cash equivalents71624440565969
Short-term investments6443281426308
Total current assets:1351057255818977
Noncurrent Assets
Finance lease, right-of-use asset000
Operating lease, right-of-use asset000
Property, plant and equipment6666676
Deferred income tax assets1414 
Total noncurrent assets:212176676
Other undisclosed assets1,2471,3451,4141,4551,4311,4241,419
TOTAL ASSETS:1,4031,4711,4931,5161,5181,5191,502
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,0031,0321,0631,1061,0931,0631,048
Total liabilities:1,0031,0321,0631,1061,0931,0631,048
Stockholders' equity
Stockholders' equity attributable to parent399439430410425456454
Common stock0000000
Treasury stock, value(22)(22)(22)(22)(22)(22)(22)
Additional paid in capital217215213211210208205
Accumulated other comprehensive income (loss)142112(1)4(0)3
Retained earnings190225227221234270269
Total stockholders' equity:399439430410425456454
TOTAL LIABILITIES AND EQUITY:1,4031,4711,4931,5161,5181,5191,502

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues316339370378375397401
Premiums earned, net276304333350
Financial services revenue346369375
Cost of revenue(203)(202)(225)(255)(214)(203)(216)
Policyholder benefits and claims incurred, net(161)(157)(176)(205)
Deferred policy acquisition costs, amortization expense(38)(42)(45)(46)   
Financial services costs(209)(199)(215)
Gross profit:113137145123161193185
Operating expenses(22)(24)(26)(27)(50)(51)(52)
Operating income:9111412096111142133
Interest and debt expense(0)(0)(0)    
Income from continuing operations before equity method investments, income taxes:9111412096111142133
Other undisclosed loss from continuing operations before income taxes(12)(7)(4)(9)(28)(29)(32)
Income from continuing operations before income taxes:791071168882113101
Income tax expense(14)(20)(23)(16)(36)(35)(31)
Net income available to common stockholders, diluted:66879372467870

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:66879372467870
Comprehensive income:66879372467870
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(7)913(4)4(3)(0)
Comprehensive income, net of tax, attributable to parent:589510667507570

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: