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AFGE Financial Statements and Analysis

NYSE : AFGE

American Financial Group, Inc.

$17.93
0.14+0.79%
Open: 12:53 PM
56.76
B-ESG ScoreESG Rating

AFGE FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

AFGE Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue2.369B1.886B1.881B2.083B2.164B
cost of revenue0-14.00M-25.00M00
gross profit2.369B1.90B1.906B2.083B2.164B
gross profit ratio1.001.0071.0131.001.00
research and development expenses00000
general and administrative expenses00000
selling and marketing expenses00000
selling general and administrative expenses0334.00M036.00M0
other expenses2.363B-167.00M-168.00M-180.00M-1.945B
operating expenses2.363B167.00M168.00M180.00M-1.945B
cost and expenses2.14B-1.61B-1.583B-1.729B1.945B
interest income07.00M7.00M8.00M8.00M
interest expense19.00M19.00M19.00M19.00M19.00M
depreciation and amortization019.00M20.00M18.00M21.00M
ebitda0309.00M343.00M18.00M219.00M
ebitda ratio0-0.01-0.0590.0090.101
operating income248.00M290.00M415.00M1.903B219.00M
operating income ratio0.1050.1540.2210.9140.101
total other income expenses net-19.00M-19.00M-19.00M335.00M43.00M
income before tax229.00M271.00M304.00M335.00M219.00M
income before tax ratio0.0970.1440.1620.1610.101
income tax expense48.00M62.00M62.00M72.00M42.00M
net income181.00M209.00M242.00M263.00M177.00M
net income ratio0.0760.1110.1290.1260.082
eps2.162.492.893.142.09
eps diluted2.162.492.893.142.09
weighted average shs out83.90M83.90M83.70M83.636M84.60M
weighted average shs out dil83.90M83.90M83.80M83.80M84.70M
Graph

AFGE Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents1.322B1.121B1.087B1.225B1.221B
short term investments449.00M404.00M457.00M521.00M9.931B
cash and short term investments1.771B1.525B1.544B1.746B11.152B
net receivables1.989B007.119B7.886B
inventory0-17.14B-17.299B-8.865B-6.736B
other current assets01.143B1.078B4.388B5.09B
total current assets3.311B4.192B4.108B4.388B17.392B
property plant equipment net0206.00M181.00M176.00M167.00M
goodwill305.00M305.00M305.00M305.00M305.00M
intangible assets0204.00M353.00M0522.00M
goodwill and intangible assets305.00M305.00M305.00M305.00M305.00M
long term investments13.505B1.882B1.848B1.943B12.796B
tax assets011.30B11.117B403.00M-167.00M
other non current assets06.728B6.854B17.401B-12.796B
total non current assets13.81B20.421B20.305B20.228B305.00M
other assets15.47B00013.128B
total assets32.591B24.613B24.413B24.616B30.825B
account payables6.605B5.094B1.078B1.186B1.398B
short term debt00000
tax payables00000
deferred revenue00000
other current liabilities-6.605B-5.094B8.54B8.61B-1.398B
total current liabilities09.626B9.618B9.796B1.398B
long term debt1.475B1.702B1.679B1.475B1.474B
deferred revenue non current0001.502B0
deferred tax liabilities non current000267.00M0
other non current liabilities26.408B8.901B8.876B7.318B0
total non current liabilities27.883B10.603B10.555B10.562B1.474B
other liabilities27.883B00023.972B
capital lease obligations0227.00M198.00M198.00M189.00M
total liabilities27.883B20.229B20.173B20.358B26.844B
preferred stock00000
common stock84.00M84.00M84.00M84.00M84.00M
retained earnings3.36B3.239B3.089B3.121B3.095B
accumulated other comprehensive income loss-136.00M-331.00M-315.00M-319.00M-570.00M
other total stockholders equity1.40B1.392B1.382B1.372B1.372B
total stockholders equity4.708B4.384B4.24B4.258B3.981B
total equity4.708B4.384B4.24B4.258B3.981B
total liabilities and stockholders equity32.591B24.613B24.413B24.616B30.825B
minority interest00000
total investments14.419B2.286B2.305B2.464B13.573B
total debt1.475B1.702B1.673B1.673B1.474B
net debt153.00M581.00M586.00M448.00M253.00M
Graph

AFGE Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax0000-5.00M
stock based compensation-9.00M04.00M05.00M
change in working capital440.00M-306.00M-141.00M508.00M458.00M
accounts receivables0183.00M000
inventory00000
accounts payables098.00M-108.00M-212.00M360.00M
other working capital425.00M-587.00M-124.00M720.00M98.00M
other non cash items-174.00M-10.00M26.00M-33.00M40.00M
net cash provided by operating activities459.00M-88.00M107.00M756.00M696.00M
investments in property plant and equipment71.00M-33.00M-38.00M-32.00M-7.00M
acquisitions net-25.00M25.00M-73.00M1.00M-208.00M
purchases of investments820.00M-1.057B-1.171B-871.00M-945.00M
sales maturities of investments-657.00M1.215B1.054B857.00M1.254B
other investing activites-213.00M-1.00M54.00M0-3.00M
net cash used for investing activites-4.00M149.00M-155.00M-45.00M91.00M
debt repayment-9.00M0-8.00M00
common stock issued3.00M4.00M6.00M4.00M3.00M
common stock repurchased000-60.00M-86.00M
dividends paid-58.00M-59.00M-268.00M-186.00M-52.00M
other financing activites-316.00M28.00M172.00M-465.00M-419.00M
net cash used provided by financing activities-380.00M-27.00M-90.00M-707.00M-554.00M
effect of forex changes on cash00000
net change in cash201.00M34.00M-138.00M4.00M233.00M
cash at end of period1.322B1.121B1.087B1.225B1.221B
cash at beginning of period1.121B1.087B1.225B1.221B988.00M
operating cashflow459.00M-88.00M107.00M756.00M696.00M
capital expenditure71.00M-33.00M-38.00M-32.00M-7.00M
free cash flow530.00M-121.00M69.00M724.00M689.00M
Graph

Frequently Asked Questions

How did American Financial Group, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, AFGE generated $2.37B in revenue last quarter, while its costs came in at $0.00.

Last quarter, how much Gross Profit did American Financial Group, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. American Financial Group, Inc. reported a $2.37B Gross Profit for the quarter ended Sep 30, 2024.

Have AFGE's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. AFGE incurred $2.36B worth of Operating Expenses, while it generated $248.00M worth of Operating Income.

How much Net Income has AFGE posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from American Financial Group, Inc., the company generated $181.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did American Financial Group, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to American Financial Group, Inc. as of the end of the last quarter was $1.32B.

What are AFGE's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, AFGE had Total Net Receivables of $1.99B.

In terms of Total Assets and Current Assets, where did American Financial Group, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of AFGE were $3.31B, while the Total Assets stand at $32.59B.

As of the last quarter, how much Total Debt did American Financial Group, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of AFGE's debt was $1.48B at the end of the last quarter.

What were AFGE's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, AFGE reported total liabilities of $27.88B.

How much did AFGE's Working Capital change over the last quarter?

Working Capital Change for AFGE was $440.00M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

AFGE generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. AFGE generated $459.00M of Cash from Operating Activities during its recently reported quarter.

What was AFGE's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. AFGE reported a $201.00M Net Change in Cash in the most recent quarter.

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