Financial Statements

Atlantic American Corporation (AAME)

$2.8

+0.01 (+0.36%)

Balance Sheet Statement

All numbers are in thousands
Year XLSX
2022
XLSX
2021
XLSX
2020
XLSX
2019
XLSX
2018
Total assets 367,064402,286405,187377,626344,274
Total Current Assets 28,863328,114330,023290,63412,630
Cash and Short Term Investments 237,592285,739273,425245,365223,016
Cash and cash equivalents 28,86324,75319,31912,89312,630
Short Term Investments 208,729260,986254,106232,472210,386
Receivables 41,29942,37556,59845,26941,333
Inventory -298,053-41,446-48,872-26,027-
Other Current Assets 48,02541,44648,87226,027-251,719
Total non-current Assets 16,707283,892276,604259,17689,715
Property, Plant & Equipment Net 3,405282,137275,303258,862-4,184
Goodwill and Intangible Assets 2,5442,5442,5442,5442,544
Goodwill 2,5442,5442,5442,5442,544
Intangible Assets 2,5442,5442,5442,5442,544
Long Term Investments 221,529281,348274,060256,632232,382
Other non-current Assets -224,934-283,892-276,604-259,176-145,211
Other Assets 321,494-209,720-201,440-172,184241,929
Total liabilities 264,87133,73835,03933,738242,902
Total current liabilities 2,00959,23551,07649,313209,164
Payables 26,47325,46526,41223,588-
Short Term debt 2,0091,0311,015--
Deferred revenue -24,46400--
Other Current Liabilities -2,00932,73923,64925,725209,164
Total non-current liabilities 33,73833,73835,03933,73833,738
Long Term debt 33,73833,73833,73833,73833,738
Other non-current Liabilities -33,738-33,738-35,039-33,738-
Total shareholders equity 102,193141,286145,060118,394101,372
Common Stock 22,40122,40122,40122,40122,401
Retained earnings 51,98251,26447,79036,02037,208
Accumulated Other Comprehensive Income Loss -22,14917,68825,00010,459-7,535
Other Stockholders Equity 49,90449,87849,81449,45949,243
Total debt 35,74733,73833,73833,73833,738
Total Investments 228,712283,442279,311268,637241,929
Net Debt 6,8848,98514,41920,84521,108

Atlantic American Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Atlantic American Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.