AMBC - Ambac Financial Group, Inc.
NYSE
->
Financial Services
->
Insurance—Specialty
New York,
United States
Type: Equity
AMBC price evolution
AMBC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $97 | $296 | $274 | |
| Short term investments | ||||
| Net receivables | $594 | $523 | $485 | |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | $355 | $363 | $377 | |
| Total noncurrent assets | ||||
| Total investments | $6299 | $6448 | $6495 | |
| Total assets | $9256 | $8184 | $8429 | $8428 |
| Current liabilities | ||||
| Accounts payable | $140 | $110 | $90 | |
| Deferred revenue | $452 | $436 | $428 | |
| Short long term debt | ||||
| Total current liabilities | $663 | $500 | $487 | $475 |
| Long term debt | $3514 | $3368 | $3437 | $3475 |
| Total noncurrent liabilities | ||||
| Total debt | $3368 | $3437 | $3475 | |
| Total liabilities | $7790.53 | $6748 | $6993 | $6997 |
| Shareholders' equity | ||||
| Retained earnings | $1235 | $1265 | $1266 | $1246 |
| Other shareholder equity | -$94 | -$175 | -$175 | -$160 |
| Total shareholder equity | $1368 | $1365 | $1362 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $274 | $61 | $24 | $35 |
| Short term investments | ||||
| Net receivables | $485 | $384 | $378 | $403 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $19 | $21 | $23 | $25 |
| Goodwill & intangible assets | $377 | $387 | $408 | $409 |
| Total noncurrent assets | ||||
| Total investments | $6495 | $6416 | $9242 | $10030 |
| Total assets | $8428 | $7973 | $12303 | $13220 |
| Current liabilities | ||||
| Accounts payable | $90 | $39 | $33 | $27 |
| Deferred revenue | $428 | $377 | $395 | $456 |
| Short long term debt | ||||
| Total current liabilities | $497 | $452 | $604 | $553 |
| Long term debt | $3475 | $3746 | $6446 | $7232 |
| Total noncurrent liabilities | ||||
| Total debt | $3475 | $3746 | $6446 | $7232 |
| Total liabilities | $6997 | $6721.53 | $11187 | $12074 |
| Shareholders' equity | ||||
| Retained earnings | $1246 | $1245 | $726 | $759 |
| Other shareholder equity | -$160 | -$182 | $58 | $79 |
| Total shareholder equity | $1362 | $1252 | $1038 | $1080 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $116 | $105 | $103 | $75 |
| Cost of revenue | $18 | -$1 | $18 | |
| Gross Profit | $87 | $104 | $57 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $55 | $46 | $41 | |
| Total operating expenses | $112 | $68 | $62 | $55 |
| Operating income | $19 | $42 | $2 | |
| Income from continuing operations | ||||
| EBIT | $17 | $41 | ||
| Income tax expense | $1 | $2 | $5 | |
| Interest expense | -$25 | $16 | $16 | $16 |
| Net income | ||||
| Net income | -$28 | -$1 | $20 | -$16 |
| Income (for common shares) | -$1 | $20 | -$15 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $269 | $505 | $282 | $156 |
| Cost of revenue | -$33 | -$396 | -$88 | $225 |
| Gross Profit | $302 | $901 | $370 | -$69 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $185 | $159 | $126 | $92 |
| Total operating expenses | $225 | $209 | $181 | $149 |
| Operating income | $77 | $692 | $189 | -$218 |
| Income from continuing operations | ||||
| EBIT | $75 | $691 | $188 | -$218 |
| Income tax expense | $7 | $2 | $18 | -$3 |
| Interest expense | $64 | $168 | $187 | $222 |
| Net income | ||||
| Net income | $4 | $521 | -$17 | -$437 |
| Income (for common shares) | $4 | $522 | -$17 | -$437 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | -$1 | $20 | -$16 | |
| Operating activities | ||||
| Depreciation | $9 | $13 | $9 | |
| Business acquisitions & disposals | -$145 | $49 | $19 | |
| Stock-based compensation | $2 | $5 | ||
| Total cash flows from operations | $14 | $18 | $88 | |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | -$11 | $83 | -$81 | |
| Total cash flows from investing | -$200 | -$171 | $51 | -$86 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | $14 | -$42 | -$47 | -$31 |
| Effect of exchange rate | $1 | |||
| Change in cash and equivalents | -$158 | -$199 | $21 | -$28 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $4 | $521 | -$17 | -$437 |
| Operating activities | ||||
| Depreciation | $31 | $49 | $57 | $1 |
| Business acquisitions & disposals | $427 | $486 | $171 | $104 |
| Stock-based compensation | $17 | $17 | $14 | $11 |
| Total cash flows from operations | $200 | $1335 | -$131 | -$175 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | $84 | $484 | $737 | $803 |
| Total cash flows from investing | $435 | $866 | $776 | $432 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$5 | -$14 | ||
| Net borrowings | -$97 | -$1544 | -$479 | -$121 |
| Total cash flows from financing | -$423 | -$2163 | -$657 | -$303 |
| Effect of exchange rate | $1 | -$1 | ||
| Change in cash and equivalents | $213 | $38 | -$12 | -$46 |
News
Fundamentals
| Market cap | $400.89M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 47.44M |
| Revenue | $399.00M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | -$25.00M |
| Revenue Q/Q | 56.76% |
| Revenue Y/Y | -3.39% |
| P/E ratio | -16.04 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.00 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | -$0.53 |
|---|---|
| ROA | -0.29% |
| ROE | N/A |
| Debt/Equity | 5.14 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |