American Financial Group AFGE
American Financial Group, Inc., through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, and Other segments. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehic… Read more
American Financial Group AFGE (AFGE) - Total Assets
Latest total assets as of September 2024: $32.59 Billion USD
Based on the latest financial reports, American Financial Group AFGE (AFGE) holds total assets worth $32.59 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
American Financial Group AFGE - Total Assets Trend (1983–2023)
This chart illustrates how American Financial Group AFGE’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
American Financial Group AFGE - Asset Composition Analysis
Current Asset Composition (December 2023)
American Financial Group AFGE's total assets of $32.59 Billion consist of 9.1% current assets and 90.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.1% |
| Accounts Receivable | $7.12 Billion | 23.9% |
| Inventory | $-17.66 Billion | -59.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $522.00 Million | 1.8% |
| Goodwill | $305.00 Million | 1.0% |
Asset Composition Trend (1983–2023)
This chart illustrates how American Financial Group AFGE's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: American Financial Group AFGE's current assets represent 9.1% of total assets in 2023, a decrease from 11.1% in 1983.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2023, down from 11.1% in 1983.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1983.
- Asset Diversification: The largest asset category is accounts receivable at 23.9% of total assets.
American Financial Group AFGE Competitors by Total Assets
Key competitors of American Financial Group AFGE based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AmTrust Financial Services Prf 7 25 Exp15Jun2055
PINK:AFFS
|
USA | $25.69 Million |
|
Adamjee Insurance Company Ltd
KAR:AICL
|
Pakistan | PKRs189.45 Billion |
|
EFU General Insurance Ltd
KAR:EFUG
|
Pakistan | PKRs294.41 Billion |
|
Fintech SA
WAR:FTH
|
Poland | zł22.54 Million |
|
National Reinsurance Corporation of the Philippines
PSE:NRCP
|
Philippines | ₱19.00 Billion |
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
American Financial Group AFGE - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - American Financial Group AFGE generates 0.26x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, American Financial Group AFGE generates $ 2.86 in net profit.
American Financial Group AFGE - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.50 | 12.44 | 0.92 |
| Quick Ratio | 0.50 | 17.26 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-3.29 Billion | $ 15.99 Billion | $ -4.82 Billion |
American Financial Group AFGE - Advanced Valuation Insights
This section examines the relationship between American Financial Group AFGE's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | $29.79 Billion |
| Market Capitalization | $153.49K USD |
Valuation Analysis
Below Book Valuation: The market values American Financial Group AFGE's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: American Financial Group AFGE's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for American Financial Group AFGE (1983–2023)
The table below shows the annual total assets of American Financial Group AFGE from 1983 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $29.79 Billion | +3.32% |
| 2022-12-31 | $28.83 Billion | -0.37% |
| 2021-12-31 | $28.94 Billion | -60.66% |
| 2020-12-31 | $73.57 Billion | +4.90% |
| 2019-12-31 | $70.13 Billion | +10.52% |
| 2018-12-31 | $63.46 Billion | +4.61% |
| 2017-12-31 | $60.66 Billion | +10.14% |
| 2016-12-31 | $55.07 Billion | +10.46% |
| 2015-12-31 | $49.86 Billion | +4.89% |
| 2014-12-31 | $47.53 Billion | +12.94% |
| 2013-12-31 | $42.09 Billion | +7.44% |
| 2012-12-31 | $39.17 Billion | +8.68% |
| 2011-12-31 | $36.04 Billion | +11.06% |
| 2010-12-31 | $32.45 Billion | +17.23% |
| 2009-12-31 | $27.68 Billion | +4.75% |
| 2008-12-31 | $26.43 Billion | +2.40% |
| 2007-12-31 | $25.81 Billion | +2.81% |
| 2006-12-31 | $25.10 Billion | +10.02% |
| 2005-12-31 | $22.82 Billion | +1.14% |
| 2004-12-31 | $22.56 Billion | +11.70% |
| 2003-12-31 | $20.20 Billion | +3.55% |
| 2002-12-31 | $19.50 Billion | +12.09% |
| 2001-12-31 | $17.40 Billion | +6.01% |
| 2000-12-31 | $16.42 Billion | +2.25% |
| 1999-12-31 | $16.05 Billion | +1.32% |
| 1998-12-31 | $15.85 Billion | +0.57% |
| 1997-12-31 | $15.76 Billion | +4.68% |
| 1996-12-31 | $15.05 Billion | +0.65% |
| 1995-12-31 | $14.95 Billion | +256.55% |
| 1994-12-31 | $4.19 Billion | +3.57% |
| 1993-12-31 | $4.05 Billion | +14.68% |
| 1992-12-31 | $3.53 Billion | +4.37% |
| 1991-12-31 | $3.38 Billion | -4.62% |
| 1990-12-31 | $3.55 Billion | +11.60% |
| 1989-12-31 | $3.18 Billion | +32.41% |
| 1988-12-31 | $2.40 Billion | -3.71% |
| 1987-12-31 | $2.49 Billion | -14.99% |
| 1986-12-31 | $2.93 Billion | +2.04% |
| 1985-12-31 | $2.87 Billion | +3.90% |
| 1984-12-31 | $2.77 Billion | -3.72% |
| 1983-12-31 | $2.87 Billion | -- |