American Overseas Group Limited (AOREF)

American Overseas Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	146.47	132.6	97.65	102.68	72.64	129.75
Investments in Equity & Preferred Securities	-	-	2.71	3.78	4.14	1.18
Total Investments	146.47	132.6	100.35	106.46	76.78	130.93
Cash & Equivalents	44.3	56.85	32.21	31.91	24.25	22.6
Reinsurance Recoverable	647.26	568.76	380.84	332.89	296.76	336.13
Other Receivables	213.23	175.32	95.16	77.18	73.43	82.06
Deferred Policy Acquisition Cost	10.5	9.15	4.03	4.59	3.59	0.52
Goodwill	33.05	33.05	33.05	33.05	33.05	33.05
Other Intangible Assets	4.8	4.8	4.8	4.8	4.8	4.8
Restricted Cash	1.71	0.96	3.97	4.44	0.55	10.56
Other Long-Term Assets	4.56	3.72	3.98	3.17	3.77	3.18
Total Assets	1,106	985.22	658.39	598.48	516.98	623.83
Accounts Payable	23.93	24.39	14.9	12.42	5.96	5.07
Accrued Expenses	0.85	11.46	5.93	7.57	4.78	3.54
Insurance & Annuity Liabilities	370.09	332.57	253.89	215.64	192.94	263.69
Unearned Premiums	283.25	230.12	137.93	113.42	105.68	128.79
Reinsurance Payable	222.25	183.97	88.12	82.06	71.99	89.08
Current Portion of Leases	0.09	0.34	-	-	-	-
Long-Term Debt	20.77	20.77	18.02	16.52	16.52	23.81
Long-Term Leases	1.12	1	1.6	-	1.96	-
Long-Term Deferred Tax Liabilities	1.94	0.65	-	-	-	0.32
Other Current Liabilities	128.21	136.47	99.41	104.26	64.98	52.8
Other Long-Term Liabilities	-	-	-	-	-	2.9
Total Liabilities	1,060	948.62	622.45	555.1	467.3	570.01
Common Stock	4.7	4.7	4.7	4.7	4.7	4.62
Additional Paid-In Capital	189.18	189.18	189.18	189.18	189.15	189
Retained Earnings	-145.84	-154.12	-159.46	-157.98	-152.48	-147.47
Comprehensive Income & Other	-2.5	-3.45	-4.24	1.12	1.96	1.32
Total Common Equity	45.54	36.3	30.18	37.02	43.33	47.47
Minority Interest	0.3	0.3	5.75	6.35	6.35	6.35
Shareholders' Equity	45.84	36.6	35.93	43.37	49.68	53.83
Total Liabilities & Equity	1,106	985.22	658.39	598.48	516.98	623.83
Filing Date Shares Outstanding	0.05	0.05	0.05	0.05	0.05	0.05
Total Common Shares Outstanding	0.05	0.05	0.05	0.05	0.05	0.05
Total Debt	21.98	22.11	19.62	16.52	18.48	23.81
Net Cash (Debt)	22.32	34.75	12.59	15.39	5.77	-1.21
Net Cash Growth	34.37%	175.94%	-18.17%	166.52%	-	-
Net Cash Per Share	475.19	739.60	268.02	327.53	123.57	-26.24
Book Value Per Share	969.27	772.67	642.37	787.98	922.31	1027.99
Tangible Book Value	7.69	-1.55	-7.67	-0.83	5.48	9.62
Tangible Book Value Per Share	163.59	-33.01	-163.31	-17.70	116.63	208.36

Updated Dec 6, 2024. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.