AMERISAFE, Inc. (AMSF)

AMERISAFE Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	720.81	800.64	812.81	891	999.41
Investments in Equity & Preferred Securities	58.63	57.15	62.06	64.14	43.44
Other Investments	9.34	-	14.12	57.43	45.9
Total Investments	788.78	857.79	888.99	1,013	1,089
Cash & Equivalents	44.05	38.68	61.47	70.72	61.76
Reinsurance Recoverable	117.02	129.96	125.68	120.56	105.8
Other Receivables	152.17	142.92	131.59	149.59	166.03
Deferred Policy Acquisition Cost	19.15	17.98	17.4	17.06	17.81
Property, Plant & Equipment	6.16	6.38	7.33	6.65	6.5
Long-Term Deferred Tax Assets	19.45	20.4	22.79	14.38	13.67
Other Long-Term Assets	11.02	15.06	14.03	11.18	10.55
Total Assets	1,158	1,229	1,269	1,403	1,471
Accounts Payable	37.98	40.75	37.72	37.31	38.38
Insurance & Annuity Liabilities	700.03	725.41	750	801.51	820.08
Unearned Premiums	121.93	116.59	114.98	121.09	129.26
Current Portion of Leases	0.18	-	-	0.57	-
Current Income Taxes Payable	-	-	-	-	0.42
Long-Term Leases	0.25	0.27	0.34	-	0.5
Other Long-Term Liabilities	40.09	53.69	48.81	42.92	43.4
Total Liabilities	900.45	936.71	951.85	1,003	1,032
Common Stock	0.21	0.21	0.21	0.21	0.21
Additional Paid-In Capital	223.96	222.08	220.3	217.46	215.32
Retained Earnings	84.11	114.29	145.51	190.49	224.65
Treasury Stock	-42.05	-36.93	-34.76	-22.37	-22.37
Comprehensive Income & Other	-8.88	-7.19	-13.83	13.54	21.02
Shareholders' Equity	257.34	292.45	317.43	399.32	438.82
Total Liabilities & Equity	1,158	1,229	1,269	1,403	1,471
Filing Date Shares Outstanding	19.04	19.13	19.14	19.36	19.33
Total Common Shares Outstanding	19.04	19.13	19.14	19.36	19.33
Total Debt	0.43	0.27	0.34	0.57	0.5
Net Cash (Debt)	43.62	38.42	61.13	70.15	61.26
Net Cash Growth	13.54%	-37.16%	-12.85%	14.51%	41.38%
Net Cash Per Share	2.28	2.00	3.16	3.61	3.16
Book Value Per Share	13.52	15.29	16.58	20.63	22.71
Tangible Book Value	257.34	292.45	317.43	399.32	438.82
Tangible Book Value Per Share	13.52	15.29	16.58	20.63	22.71
Land	9.04	8.18	8.11	7.94	7.92
Machinery	6.28	5.96	6.71	6.25	5.51

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