Atlantic American Corporation
Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools a… Read more
Atlantic American Corporation (AAME) - Net Assets
Latest net assets as of September 2025: $109.49 Million USD
Based on the latest financial reports, Atlantic American Corporation (AAME) has net assets worth $109.49 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($430.86 Million) and total liabilities ($321.37 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.49 Million |
| % of Total Assets | 25.41% |
| Annual Growth Rate | 1.52% |
| 5-Year Change | -31.33% |
| 10-Year Change | -2.81% |
| Growth Volatility | 34.91 |
Atlantic American Corporation - Net Assets Trend (1985–2024)
This chart illustrates how Atlantic American Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Atlantic American Corporation (1985–2024)
The table below shows the annual net assets of Atlantic American Corporation from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $99.61 Million | -7.14% |
| 2023-12-31 | $107.28 Million | +4.97% |
| 2022-12-31 | $102.19 Million | -27.67% |
| 2021-12-31 | $141.29 Million | -2.60% |
| 2020-12-31 | $145.06 Million | +22.52% |
| 2019-12-31 | $118.39 Million | +16.79% |
| 2018-12-31 | $101.37 Million | -10.28% |
| 2017-12-31 | $112.98 Million | +7.09% |
| 2016-12-31 | $105.51 Million | +2.94% |
| 2015-12-31 | $102.49 Million | -1.63% |
| 2014-12-31 | $104.19 Million | +3.24% |
| 2013-12-31 | $100.93 Million | -4.55% |
| 2012-12-31 | $105.74 Million | +9.82% |
| 2011-12-31 | $96.28 Million | +16.43% |
| 2010-12-31 | $82.69 Million | +6.74% |
| 2009-12-31 | $77.47 Million | +2.73% |
| 2008-12-31 | $75.41 Million | -14.10% |
| 2007-12-31 | $87.79 Million | -6.79% |
| 2006-12-31 | $94.19 Million | +17.07% |
| 2005-12-31 | $80.45 Million | -9.56% |
| 2004-12-31 | $88.96 Million | +2.38% |
| 2003-12-31 | $86.89 Million | +10.64% |
| 2002-12-31 | $78.54 Million | -10.27% |
| 2001-12-31 | $87.53 Million | +5.15% |
| 2000-12-31 | $83.24 Million | +5.44% |
| 1999-12-31 | $78.95 Million | -3.98% |
| 1998-12-31 | $82.22 Million | +5.16% |
| 1997-12-31 | $78.18 Million | +32.21% |
| 1996-12-31 | $59.14 Million | +23.81% |
| 1995-12-31 | $47.76 Million | +50.20% |
| 1994-12-31 | $31.80 Million | +15.22% |
| 1993-12-31 | $27.60 Million | +20.00% |
| 1992-12-31 | $23.00 Million | +183.95% |
| 1991-12-31 | $8.10 Million | -53.18% |
| 1990-12-31 | $17.30 Million | -16.43% |
| 1989-12-31 | $20.70 Million | -51.29% |
| 1988-12-31 | $42.50 Million | -27.97% |
| 1987-12-31 | $59.00 Million | -11.01% |
| 1986-12-31 | $66.30 Million | +19.89% |
| 1985-12-31 | $55.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlantic American Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 95.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $45.85 Million | 46.03% |
| Common Stock | $22.40 Million | 22.49% |
| Other Comprehensive Income | $-18.71 Million | -18.78% |
| Other Components | $50.07 Million | 50.26% |
| Total Equity | $99.61 Million | 100.00% |
Atlantic American Corporation Competitors by Market Cap
The table below lists competitors of Atlantic American Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vitro S.A.B. de C.V
MX:VITROA
|
$10.89 Million |
|
Wonpoong Corporation
KQ:008370
|
$10.89 Million |
|
Papago Inc.
TWO:3632
|
$10.89 Million |
|
Polylite Taiwan Co Ltd
TWO:1813
|
$10.90 Million |
|
Empresas Iansa S.A
SN:IANSA
|
$10.89 Million |
|
Surapon Foods Public Company Limited
BK:SSF
|
$10.89 Million |
|
HYTC Co. Ltd.
KQ:148930
|
$10.89 Million |
|
Marwynn Holdings, Inc. Common stock
NASDAQ:MWYN
|
$10.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlantic American Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 107,275,000 to 99,613,000, a change of -7,662,000 (-7.1%).
- Net loss of 4,268,000 reduced equity.
- Dividend payments of 807,000 reduced retained earnings.
- Share repurchases of 7,000 reduced equity.
- Other comprehensive income decreased equity by 2,591,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.27 Million | -4.28% |
| Dividends Paid | $807.00K | -0.81% |
| Share Repurchases | $7.00K | -0.01% |
| Other Comprehensive Income | $-2.59 Million | -2.6% |
| Other Changes | $11.00K | +0.01% |
| Total Change | $- | -7.14% |
Book Value vs Market Value Analysis
This analysis compares Atlantic American Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $5.86 | $2.70 | x |
| 1986-12-31 | $6.97 | $2.70 | x |
| 1987-12-31 | $6.35 | $2.70 | x |
| 1988-12-31 | $4.40 | $2.70 | x |
| 1989-12-31 | $2.11 | $2.70 | x |
| 1990-12-31 | $1.73 | $2.70 | x |
| 1991-12-31 | $0.69 | $2.70 | x |
| 1992-12-31 | $1.35 | $2.70 | x |
| 1993-12-31 | $1.41 | $2.70 | x |
| 1994-12-31 | $1.62 | $2.70 | x |
| 1995-12-31 | $2.49 | $2.70 | x |
| 1996-12-31 | $3.14 | $2.70 | x |
| 1997-12-31 | $4.21 | $2.70 | x |
| 1998-12-31 | $4.32 | $2.70 | x |
| 1999-12-31 | $3.74 | $2.70 | x |
| 2000-12-31 | $4.12 | $2.70 | x |
| 2001-12-31 | $4.04 | $2.70 | x |
| 2002-12-31 | $3.63 | $2.70 | x |
| 2003-12-31 | $3.17 | $2.70 | x |
| 2004-12-31 | $4.02 | $2.70 | x |
| 2005-12-31 | $3.86 | $2.70 | x |
| 2006-12-31 | $4.09 | $2.70 | x |
| 2007-12-31 | $4.00 | $2.70 | x |
| 2008-12-31 | $3.45 | $2.70 | x |
| 2009-12-31 | $3.47 | $2.70 | x |
| 2010-12-31 | $3.70 | $2.70 | x |
| 2011-12-31 | $4.32 | $2.70 | x |
| 2012-12-31 | $4.97 | $2.70 | x |
| 2013-12-31 | $4.40 | $2.70 | x |
| 2014-12-31 | $4.47 | $2.70 | x |
| 2015-12-31 | $4.44 | $2.70 | x |
| 2016-12-31 | $4.40 | $2.70 | x |
| 2017-12-31 | $4.99 | $2.70 | x |
| 2018-12-31 | $5.00 | $2.70 | x |
| 2019-12-31 | $5.84 | $2.70 | x |
| 2020-12-31 | $6.65 | $2.70 | x |
| 2021-12-31 | $6.93 | $2.70 | x |
| 2022-12-31 | $5.01 | $2.70 | x |
| 2023-12-31 | $5.26 | $2.70 | x |
| 2024-12-31 | $4.88 | $2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlantic American Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.27%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 3.95x
- Recent ROE (-4.28%) is above the historical average (-8.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.19% | 6.44% | 0.55x | 4.27x | $2.87 Million |
| 1986 | 11.92% | 5.14% | 0.58x | 4.03x | $1.27 Million |
| 1987 | -2.20% | -0.84% | 0.57x | 4.61x | $-7.20 Million |
| 1988 | -51.76% | -15.31% | 0.70x | 4.82x | $-26.25 Million |
| 1989 | -114.98% | -28.33% | 0.50x | 8.13x | $-25.87 Million |
| 1990 | -16.76% | -3.99% | 0.45x | 9.38x | $-4.63 Million |
| 1991 | -301.49% | -21.67% | 0.49x | 28.55x | $-20.87 Million |
| 1992 | -2.78% | -0.41% | 0.71x | 9.69x | $-2.76 Million |
| 1993 | 13.18% | 2.08% | 0.79x | 8.00x | $820.00K |
| 1994 | 31.33% | 5.62% | 0.81x | 6.85x | $6.40 Million |
| 1995 | -15.01% | -13.50% | 0.21x | 5.26x | $-11.62 Million |
| 1996 | 5.35% | 3.19% | 0.39x | 4.28x | $-2.75 Million |
| 1997 | 10.23% | 7.90% | 0.37x | 3.48x | $181.70K |
| 1998 | 10.41% | 8.07% | 0.39x | 3.32x | $336.30K |
| 1999 | 13.82% | 8.78% | 0.35x | 4.45x | $3.02 Million |
| 2000 | 4.36% | 2.39% | 0.41x | 4.51x | $-4.69 Million |
| 2001 | 4.11% | 2.20% | 0.40x | 4.71x | $-5.16 Million |
| 2002 | -15.55% | -7.17% | 0.40x | 5.39x | $-20.07 Million |
| 2003 | 7.88% | 6.15% | 0.25x | 5.10x | $-1.85 Million |
| 2004 | 5.64% | 3.99% | 0.27x | 5.29x | $-3.88 Million |
| 2005 | -3.95% | -2.60% | 0.26x | 5.72x | $-11.22 Million |
| 2006 | 9.49% | 7.13% | 0.27x | 4.87x | $-482.80K |
| 2007 | 8.26% | 5.90% | 0.27x | 5.22x | $-1.53 Million |
| 2008 | -5.15% | -3.89% | 0.37x | 3.54x | $-11.42 Million |
| 2009 | -1.56% | -1.18% | 0.39x | 3.38x | $-8.95 Million |
| 2010 | 1.20% | 0.93% | 0.39x | 3.36x | $-7.28 Million |
| 2011 | 3.42% | 2.78% | 0.39x | 3.14x | $-6.34 Million |
| 2012 | 4.20% | 3.17% | 0.44x | 3.03x | $-6.14 Million |
| 2013 | 10.92% | 6.67% | 0.52x | 3.16x | $929.30K |
| 2014 | 4.25% | 2.66% | 0.52x | 3.04x | $-5.99 Million |
| 2015 | 4.28% | 2.64% | 0.53x | 3.07x | $-5.86 Million |
| 2016 | 2.50% | 1.59% | 0.52x | 3.02x | $-7.91 Million |
| 2017 | 4.01% | 2.50% | 0.53x | 3.04x | $-6.77 Million |
| 2018 | -0.69% | -0.38% | 0.54x | 3.40x | $-10.84 Million |
| 2019 | -0.33% | -0.19% | 0.52x | 3.19x | $-12.23 Million |
| 2020 | 8.39% | 6.23% | 0.48x | 2.79x | $-2.34 Million |
| 2021 | 3.03% | 2.15% | 0.50x | 2.85x | $-9.85 Million |
| 2022 | 1.49% | 0.81% | 0.51x | 3.59x | $-8.69 Million |
| 2023 | -0.16% | -0.09% | 0.49x | 3.55x | $-10.90 Million |
| 2024 | -4.28% | -2.27% | 0.48x | 3.95x | $-14.23 Million |
Industry Comparison
This section compares Atlantic American Corporation's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $58,674,583,236
- Average return on equity (ROE) among peers: 24.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantic American Corporation (AAME) | $109.49 Million | 15.19% | 2.94x | $10.89 Million |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |