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American Coastal Insurance Corporation (ACIC)

NasdaqCM - NasdaqCM Real-time price. Currency in USD
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13.16+0.56 (+4.44%)
At close: 04:00PM EDT
13.16 0.00 (0.00%)
After hours: 04:02PM EDT
Show:
Income statement
Balance sheet
Annual

Cash flow

All numbers in thousands
Breakdown
ttm
31/12/2023
31/12/2022
31/12/2021
31/12/2020
Cash flows from operating activities
Net income
66,230
309,911
-469,855
-57,919
-96,454
Depreciation & amortisation
10,639
10,626
23,312
11,768
11,046
Deferred income taxes
-1,591
14,436
24,138
-22,816
-9,894
Stock-based compensation
1,411
1,318
1,388
1,185
1,382
Change in working capital
7,819
-238,218
210,005
-218,835
112,797
Accounts receivable
529,331
757,189
-641,081
-167,722
-271,386
Accounts payable
-3,378
-44,825
-190,484
-7,926
88,086
Other working capital
92,603
-136,199
-176,160
-300,662
-21,319
Other non-cash items
811
1,364
6,607
-8,835
2,403
Net cash provided by operating activities
92,645
-136,003
-173,113
-295,391
-10,471
Cash flows from investing activities
Investments in property, plant and equipment
-
-196
-3,047
-5,271
-10,848
Acquisitions, net
0
-232,582
0
0
-
Purchases of investments
-51,729
-53,244
-35,465
-270,911
-797,450
Sales/maturities of investments
84,247
282,849
254,111
527,559
844,864
Net cash used for investing activities
32,641
-2,544
236,835
251,377
36,566
Cash flows from financing activities
Debt repayment
-
0
-4,441
-1,817
-1,229
Common stock issued
38,191
26,793
0
0
-
Dividends paid
-
0
-2,589
-10,350
-10,313
Other financing activities
-
-24
-18,360
-39
-112
Net cash used provided by (used for) financing activities
38,167
26,769
-25,390
-12,206
-11,654
Net change in cash
163,453
-111,778
38,332
-56,220
14,441
Cash at beginning of period
142,257
283,610
245,278
301,498
287,057
Cash at end of period
305,710
171,832
283,610
245,278
301,498
Free cash flow
Operating cash flow
92,645
-136,003
-173,113
-295,391
-10,471
Capital expenditure
-
-196
-3,047
-5,271
-10,848
Free cash flow
92,603
-136,199
-176,160
-300,662
-21,319