AMERISAFE, Inc. (AMSF)

AMERISAFE 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	751.48	800.64	812.81	891	999.41	1,041
Investments in Equity & Preferred Securities	57.71	57.15	62.06	64.14	43.44	27.9
Other Investments	26.34	-	14.12	57.43	45.9	56.55
Total Investments	835.53	857.79	888.99	1,013	1,089	1,125
Cash & Equivalents	63.66	38.68	61.47	70.72	61.76	43.81
Reinsurance Recoverable	128.96	129.96	125.68	120.56	105.8	95.91
Other Receivables	163.9	142.92	131.59	149.59	166.03	167.68
Deferred Policy Acquisition Cost	20.15	17.98	17.4	17.06	17.81	19.05
Property, Plant & Equipment	6.13	6.38	7.33	6.65	6.5	6.76
Long-Term Deferred Tax Assets	19.5	20.4	22.79	14.38	13.67	17.51
Other Long-Term Assets	16.9	15.06	14.03	11.18	10.55	17.16
Total Assets	1,255	1,229	1,269	1,403	1,471	1,493
Accounts Payable	39.9	40.75	37.72	37.31	38.38	39.61
Insurance & Annuity Liabilities	714.03	725.41	750	801.51	820.08	840.57
Unearned Premiums	131.99	116.59	114.98	121.09	129.26	140.87
Current Portion of Leases	-	0.13	-	0.57	-	-
Current Income Taxes Payable	-	-	-	-	0.42	3.22
Long-Term Leases	-	0.14	0.34	-	0.5	0.48
Other Long-Term Liabilities	54.43	53.69	48.81	42.92	43.4	37.94
Total Liabilities	940.36	936.71	951.85	1,003	1,032	1,063
Common Stock	0.21	0.21	0.21	0.21	0.21	0.21
Additional Paid-In Capital	223.61	222.08	220.3	217.46	215.32	213
Retained Earnings	135.28	114.29	145.51	190.49	224.65	227.17
Treasury Stock	-42.05	-36.93	-34.76	-22.37	-22.37	-22.37
Comprehensive Income & Other	-2.68	-7.19	-13.83	13.54	21.02	12.21
Shareholders' Equity	314.37	292.45	317.43	399.32	438.82	430.22
Total Liabilities & Equity	1,255	1,229	1,269	1,403	1,471	1,493
Filing Date Shares Outstanding	19.04	19.13	19.14	19.36	19.33	19.3
Total Common Shares Outstanding	19.04	19.13	19.14	19.36	19.33	19.3
Total Debt	-	0.27	0.34	0.57	0.5	0.48
Net Cash (Debt)	63.66	38.42	61.13	70.15	61.26	43.33
Net Cash Growth	7.45%	-37.16%	-12.85%	14.51%	41.38%	7.40%
Net Cash Per Share	3.32	2.00	3.16	3.61	3.16	2.24
Book Value Per Share	16.51	15.29	16.58	20.63	22.71	22.29
Tangible Book Value	314.37	292.45	317.43	399.32	438.82	430.22
Tangible Book Value Per Share	16.51	15.29	16.58	20.63	22.71	22.29
Land	-	8.18	8.11	7.94	7.92	7.82
Machinery	-	5.96	6.71	6.25	5.51	6.17

Source: S&P Capital IQ. Insurance template. Financial Sources.