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AMSF Stock Price Correlated With AMERISAFE Financials

AMSF Stock Price vs. Quarterly
AMSF
Income Statement
Cash Flow
Balance Sheet

AMSF Income Statement

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Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

AMSF Cash Flow

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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

AMSF Balance Sheet

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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock.
3,139,766 sh
140,806 sh
5%
$146,876
-$3,283
Neuberger Berman Group
1,851,865 sh
-15,377 sh
-1%
$86,630
-$6,863
Victory Capital Management
1,398,263 sh
37,048 sh
3%
$65,411
-$2,745
Vanguard Group
1,357,063 sh
26,009 sh
2%
$63,483
-$3,163
Morgan Stanley
837,028 sh
60,489 sh
8%
$39,155
$273
Champlain Investment Partners
758,636 sh
101,965 sh
16%
$35,489
$2,609
State Street
746,757 sh
22,688 sh
3%
$34,933
-$1,321
Westwood Holdings Group
678,321 sh
105,414 sh
18%
$32
$3
Dimensional Fund Advisors
617,101 sh
-8,528 sh
-1%
$28,868
-$2,459
Apg Asset Management N.V.
515,400 sh
-1,165 sh
0%
$21,826
-$4,038
M&g Investment Management
476,594 sh
-26,144 sh
-5%
$22,400
-$2,737
Geode Capital Management
415,440 sh
18,773 sh
5%
$19,436
-$428
GW&K Investment Management
406,058 sh
-34,207 sh
-8%
$19
-$22,025
Public Employees Retirement Association Oflorado
301,819 sh
-998 sh
0%
$14
-$1
Palisade Capital Management/Nj
300,469 sh
-31,960 sh
-10%
$14,056
-$2,589
Ameriprise Financial
292,944 sh
-59,485 sh
-17%
$13,704
-$3,942
Bank Of New York Mellon
285,797 sh
73,866 sh
35%
$13,370
$2,758
Bank Of America /De/
269,353 sh
-71,684 sh
-21%
$12,601
-$4,475
S&t Bank
220,667 sh
-25,185 sh
-10%
$10,323
-$1,987
Goldman Sachs Group
215,275 sh
-73,071 sh
-25%
$10,070
-$4,368
COMPANY PROFILE
1.

Summary of Significant Accounting Policies

Organization
AMERISAFE, Inc. is an insurance holding company incorporated in the state of Texas. The accompanying consolidated financial statements include the accounts of AMERISAFE and its subsidiaries: American Interstate Insurance Company (AIIC) and its insurance subsidiaries, Silver Oak Casualty, Inc. (SOCI) and American Interstate Insurance Company of Texas (AIICTX), Amerisafe Risk Services, Inc. (RISK) and Amerisafe General Agency, Inc. (AGAI). AIIC and SOCI are property and casualty insurance companies organized under the laws of the state of Nebraska.  AIICTX is a property and casualty insurance company organized under the laws of the state of Texas. RISK, a wholly owned subsidiary of the Company, is a claims and safety service company currently servicing only affiliated insurance companies. AGAI, a wholly owned subsidiary of the Company, is a general agent for the Company. AGAI sells insurance, which is underwritten by AIIC, SOCI and AIICTX, as well as by nonaffiliated insurance carriers. The assets and operations of AGAI are not significant to that of the Company and its consolidated subsidiaries.
The terms “AMERISAFE,” the “Company,” “we,” “us” or “our” refer to AMERISAFE, Inc. and its consolidated subsidiaries, as the context requires.
The Company provides workers’ compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. Assets and revenues of AIIC and its subsidiaries represent at least 95% of comparable consolidated amounts of the Company for each of 2021, 2020 and 2019.
Basis of Presentation
The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States, or GAAP. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Reclassifications
Certain prior year amounts have been reclassified to conform with the current year presentation.
Adopted Accounting Guidance
In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842).  The new guidance requires a lessee to recognize a lease liability and a right of use asset for all leases extending beyond twelve months.  This standard was effective for us beginning in the first quarter of 2019. We elected the new transition method under the transition guidance within the new standard. Therefore, prior comparative periods were not adjusted.  We also elected the package of practical expedients, which among other things, allows us to carryforward the historical lease classification.  We made an accounting policy election not to recognize lease assets and lease liabilities for short-term operating leases. Adoption of the new guidance resulted in the Company recognizing right-of-use assets of $0.4 million and lease liabilities of $0.3 million. The cumulative effect adjustment to the opening balance of retained earnings was minimal. Adoption of this new guidance did not have a material effect on the Company’s consolidated financial statements as the Company does not have any significant leases.

On January 1, 2020, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses (CECL).  The prior guidance delays the recognition of credit losses until a probable loss has occurred.  The new guidance requires credit l

Free historical financial statements for AMERISAFE Inc.. See how revenue, income, cash flow, and balance sheet financials have changed over 48 quarters since 2012. Compare with AMSF stock chart to see long term trends.

Data imported from AMERISAFE Inc. SEC filings. Check original filings before making any investment decision.