American Coastal Insurance Corp balance sheet
At the end of fiscal 2025, American Coastal Insurance Corp had total assets of $1.07bn, total liabilities of $755m and shareholders' equity of $318m. It held $199m in cash against $150m of debt: net cash of $48.8m.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 27 | 72 | 42 | 71 | 35 | 61 | 85 | 151 | 230 | 113 | 215 | 239 | 212 | 71 | 139 | 137 | 199 | 219 |
| Goodwill | — | — | — | — | — | 0 | 3 | 14 | 73 | 73 | 73 | 73 | 73 | 70 | 59 | 59 | 59 | 59 |
| Total assets | — | 214 | 240 | 314 | 441 | 584 | 740 | 1,000 | 2,060 | 2,321 | 2,467 | 2,849 | 2,699 | 2,837 | 1,062 | 1,216 | 1,073 | 1,244 |
| Long-term debt | — | — | 17 | 16 | 15 | 14 | 12 | 54 | 165 | 163 | 162 | 160 | 159 | 150 | 150 | 150 | 150 | 150 |
| Total debt | 0 | 0 | 17 | 16 | 15 | 14 | 12 | 54 | 165 | 163 | 162 | 160 | 159 | 150 | 150 | 150 | 150 | 150 |
| Total liabilities | — | 168 | 185 | 226 | 334 | 380 | 501 | 758 | 1,523 | 1,781 | 1,943 | 2,431 | 2,367 | 3,020 | 894 | 980 | 755 | 903 |
| Shareholders' equity | 48 | 45 | 55 | 88 | 108 | 204 | 239 | 241 | 537 | 520 | 503 | 396 | 312 | −182 | 169 | 236 | 318 | 341 |
| Net debt (negative = net cash) | −27 | −72 | −25 | −55 | −20 | −48 | −72 | −97 | −65 | 50 | −54 | −79 | −53 | 79 | 11 | 13 | −49 | −69 |
| Shares outstanding | — | 11m | 10m | — | 16m | 21m | 22m | 22m | 43m | 43m | 43m | 43m | 43m | 43m | 47m | 48m | 49m | 47m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 |
| Total assets | 1,144 | 1,216 | 1,160 | 1,347 | 1,179 | 1,073 | 997 | 1,244 |
| Long-term debt | 149 | 150 | 149 | 149 | 149 | 150 | 149 | 150 |
| Total debt | 149 | 150 | 149 | 149 | 149 | 150 | 149 | 150 |
| Total liabilities | 884 | 980 | 899 | 1,055 | 852 | 755 | 665 | 903 |
| Shareholders' equity | 260 | 236 | 261 | 292 | 327 | 318 | 332 | 341 |
| Shares outstanding | 48m | 48m | 48m | 49m | 49m | 49m | 48m | 47m |
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