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Atlantic American Corporation logo
Atlantic American Corporation AAME
$ 1.28 -0.87%
report update icon

Quarterly report 2025-Q3
added 05-16-2026

Atlantic American Corporation Balance Sheet 2024-2009 | AAME

Brief overview of Atlantic American Corporation's balance sheet strength

Balance sheet changes are traced across five available annual reports between 2020 and 2024.

Assets shifted from $405.2 million to $393.4 million, leaving five-period growth close to stagnation.

Liabilities expanded faster than the asset base, +13% versus -2.9%. Debt-service capacity deserves attention.

Given the financial profile, the capital cushion is the main focus. It covers 25.3% of assets versus 35.8% five periods ago.

By the end of the period, accumulated earnings were $45.9 million; the change from the start was -4.1%.

What the balance sheet shows

Atlantic American Corporation's financial structure is not clear-cut. Asset scale alone does not resolve questions about how those assets are funded.

Annual Balance Sheet Atlantic American Corporation

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Net Debt

- - - - 14.4 M 20.8 M 21.1 M 9.19 M 20.5 M 18.1 M 17.4 M 8.14 M 22.3 M 20 M - -

Long Term Debt

- - - - 33.7 M 33.7 M 33.7 M 33.7 M 33.7 M 33.7 M 33.7 M 41.2 M 41.2 M 41.2 M - -

Total Non Current Liabilities

- - - - - 33.7 M 33.7 M 33.7 M 33.7 M 33.7 M 33.7 M 41.2 M 41.2 M 41.2 M - -

Total Liabilities

294 M 274 M 265 M 261 M 260 M 259 M 243 M 230 M 213 M 212 M 213 M 218 M 214 M 206 M 195 M -

Deferred Revenue

- - - - 1.3 M - - - - - - - - - - -

Retained Earnings

45.9 M 50.9 M 52 M 51.3 M 47.8 M 36 M 37.2 M 31 M 27.3 M 25.4 M 21.9 M 18.7 M 8.62 M 6.18 M 3.89 M -

Total Assets

393 M 381 M 367 M 402 M 405 M 378 M 344 M 343 M 319 M 315 M 317 M 319 M 320 M 302 M 278 M -

Cash and Cash Equivalents

35.6 M 28.3 M 28.9 M 24.8 M 19.3 M 12.9 M 12.6 M 24.5 M 13.3 M 15.6 M 16.4 M 33.1 M 19 M 21.3 M 28.3 M 20.1 M

Book Value

99.6 M 107 M 102 M 141 M 145 M 118 M 101 M 113 M 106 M 102 M 104 M 101 M 106 M 96.3 M 82.7 M -

Total Shareholders Equity

99.6 M 107 M 102 M 141 M 145 M 118 M 101 M 113 M 106 M 102 M 104 M 101 M 106 M 96.3 M 82.7 M 77.5 M

All numbers in USD currency

Quarterly Balance Sheet Atlantic American Corporation

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Total Liabilities

321 M 323 M 286 M 294 M 281 M 285 M 263 M 274 M 263 M 269 M 249 M 265 M 262 M 270 M 249 M 261 M 264 M 262 M 250 M 260 M 260 M 260 M 260 M 259 M 259 M 259 M 259 M 243 M 243 M 243 M 243 M 230 M 230 M 230 M 230 M 213 M 213 M 213 M 213 M 212 M 212 M 212 M 212 M 213 M 213 M 213 M 213 M 218 M 218 M 218 M 218 M 214 M 214 M 214 M 214 M 206 M 206 M 206 M 206 M

Retained Earnings

49.8 M 49.4 M 46.2 M 45.9 M 45.5 M 47.6 M 48.4 M 50.9 M 53.3 M 52 M 50.4 M 52 M 51 M 51.8 M 53.6 M 51.3 M 48.7 M 49.7 M 46.9 M 47.8 M 47.8 M 47.8 M 47.8 M 36 M 36 M 36 M 36 M 37.2 M 37.2 M 37.2 M 37.2 M 31 M 31 M 31 M 31 M 27.3 M 27.3 M 27.3 M 27.3 M 25.4 M 25.4 M 25.4 M 25.4 M 21.9 M 21.9 M 21.9 M 21.9 M 18.7 M 18.7 M 18.7 M 18.7 M 8.62 M 8.62 M 8.62 M 8.62 M 6.18 M 6.18 M 6.18 M 6.18 M

Total Assets

431 M 429 M 388 M 393 M 387 M 386 M 366 M 381 M 362 M 373 M 354 M 367 M 360 M 379 M 375 M 402 M 404 M 404 M 383 M 405 M 405 M 405 M 405 M 378 M 378 M 378 M 378 M 344 M 344 M 344 M 344 M 343 M 343 M 343 M 343 M 319 M 319 M 319 M 319 M 315 M 315 M 315 M 315 M 317 M 317 M 317 M 317 M 319 M 319 M 319 M 319 M 320 M 320 M 320 M 320 M 302 M 302 M 302 M 302 M

Cash and Cash Equivalents

34.4 M 46.4 M 35.9 M 35.6 M 23 M 21.2 M 21.2 M 28.3 M 23.9 M 24.2 M 13.5 M 28.9 M 21.9 M 15.9 M 15.6 M 24.8 M 14.3 M 9.53 M 20.4 M 19.3 M 19.3 M 19.3 M 19.3 M 12.9 M 12.9 M 12.9 M 12.9 M 12.6 M 12.6 M 12.6 M 12.6 M 24.5 M 24.5 M 24.5 M 24.5 M 13.3 M 13.3 M 13.3 M 13.3 M 15.6 M 15.6 M 15.6 M 15.6 M 16.4 M 16.4 M 16.4 M 16.4 M 33.1 M 33.1 M 33.1 M 33.1 M 19 M 19 M 19 M 19 M 21.3 M 21.3 M 21.3 M 21.3 M

Book Value

109 M 106 M 102 M 99.6 M 106 M 101 M 103 M 107 M 98.7 M 103 M 104 M 102 M 97.9 M 109 M 126 M 141 M 140 M 142 M 133 M 145 M 145 M 145 M 145 M 118 M 118 M 118 M 118 M 101 M 101 M 101 M 101 M 113 M 113 M 113 M 113 M 106 M 106 M 106 M 106 M 102 M 102 M 102 M 102 M 104 M 104 M 104 M 104 M 101 M 101 M 101 M 101 M 106 M 106 M 106 M 106 M 96.3 M 96.3 M 96.3 M 96.3 M

Total Shareholders Equity

109 M 106 M 102 M 99.6 M 106 M 101 M 103 M 107 M 98.7 M 103 M 104 M 102 M 97.9 M 109 M 126 M 141 M 140 M 142 M 133 M 145 M 145 M 145 M 145 M 118 M 118 M 118 M 118 M 101 M 101 M 101 M 101 M 113 M 113 M 113 M 113 M 106 M 106 M 106 M 106 M 102 M 102 M 102 M 102 M 104 M 104 M 104 M 104 M 101 M 101 M 101 M 101 M 106 M 106 M 106 M 106 M 96.3 M 96.3 M 96.3 M 96.3 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Atlantic American Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Insurance life

Issuer Price % 24h Market Cap Country
Prudential plc Prudential plc
PUK
$ 23.9 0.89 % $ 61.7 B britainBritain
National Western Life Group National Western Life Group
NWLI
- - $ 1.82 B usaUSA
Vericity Vericity
VERY
- - $ 170 M usaUSA
CNO Financial Group CNO Financial Group
CNO
$ 54.4 1.38 % $ 5.32 B usaUSA
Globe Life Globe Life
GL
$ 157.25 1.57 % $ 12.8 B usaUSA
Aflac Incorporated Aflac Incorporated
AFL
$ 121.3 0.63 % $ 64.6 B usaUSA
Lincoln National Corporation Lincoln National Corporation
LNC
$ 40.15 0.74 % $ 7.33 B usaUSA
Citizens Citizens
CIA
$ 3.61 0.69 % $ 183 M usaUSA
Brighthouse Financial Brighthouse Financial
BHF
$ 45.51 0.22 % $ 2.62 B usaUSA
GWG Holdings, Inc. GWG Holdings, Inc.
GWGH
- -7.07 % $ 95.7 M usaUSA
Primerica Primerica
PRI
$ 278.94 1.68 % $ 9.1 B usaUSA
MetLife MetLife
MET
$ 99.85 1.07 % $ 66.8 B usaUSA
Prudential Financial Prudential Financial
PRU
$ 115.74 0.64 % $ 40.7 B usaUSA
Unum Group Unum Group
UNM
$ 91.06 0.86 % $ 15.7 B usaUSA
China Life Insurance Company Limited China Life Insurance Company Limited
LFC
- -0.77 % $ 101 B chinaChina
Genworth Financial Genworth Financial
GNW
$ 8.9 -0.11 % $ 3.64 B usaUSA
Manulife Financial Corporation Manulife Financial Corporation
MFC
$ 44.64 0.87 % $ 76 B canadaCanada
FBL Financial Group, Inc. FBL Financial Group, Inc.
FFG
- 0.03 % $ 1.49 B usaUSA
Independence Holding Company Independence Holding Company
IHC
- 0.12 % $ 831 M usaUSA
American Equity Investment Life Holding Company American Equity Investment Life Holding Company
AEL
- 0.55 % $ 4.49 B usaUSA