AMBC - Ambac Financial Group, Inc.
NYSE
->
Financial Services
->
Insurance—Specialty
New York,
United States
Type: Equity
AMBC price evolution
AMBC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $274 | $302 | $309 | $304 |
| Short term investments | ||||
| Net receivables | $485 | $450 | $425 | $402 |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | $377 | $382 | $378 | $382 |
| Total noncurrent assets | ||||
| Total investments | $6495 | $6007 | $6365 | $4364 |
| Total assets | $8428 | $7847 | $8132 | $8219 |
| Current liabilities | ||||
| Accounts payable | $90 | $95 | $96 | $38 |
| Deferred revenue | $428 | $414 | $400 | $395 |
| Short long term debt | ||||
| Total current liabilities | $475 | $462 | $450 | $438 |
| Long term debt | $3475 | $3204 | $3457 | $3557 |
| Total noncurrent liabilities | ||||
| Total debt | $3475 | $3204 | $3457 | $3557 |
| Total liabilities | $6997 | $6507 | $6809 | $6892 |
| Shareholders' equity | ||||
| Retained earnings | $1246 | $1257 | $1191 | $1206 |
| Other shareholder equity | -$160 | -$262 | -$209 | -$217 |
| Total shareholder equity | $1362 | $1265 | $1250 | $1254 |
| (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 $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $75 | $74 | $62 | $58 |
| Cost of revenue | $18 | -$76 | $7 | $18 |
| Gross Profit | $57 | $150 | $55 | $40 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $41 | $57 | $42 | $44 |
| Total operating expenses | $55 | $66 | $50 | $52 |
| Operating income | $2 | $84 | $5 | -$12 |
| Income from continuing operations | ||||
| EBIT | $83 | $5 | -$14 | |
| Income tax expense | $1 | $2 | $4 | |
| Interest expense | $16 | $16 | $16 | $16 |
| Net income | ||||
| Net income | -$16 | $66 | -$13 | -$34 |
| Income (for common shares) | -$15 | $66 | -$13 | -$33 |
| (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 $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$16 | $66 | -$13 | -$34 |
| Operating activities | ||||
| Depreciation | $9 | $8 | $7 | $7 |
| Business acquisitions & disposals | $19 | $39 | $58 | $311 |
| Stock-based compensation | $5 | $4 | $5 | $3 |
| Total cash flows from operations | $88 | $11 | $24 | $77 |
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | -$81 | $12 | $17 | $136 |
| Total cash flows from investing | -$86 | $32 | $48 | $441 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$2 | -$3 | ||
| Net borrowings | -$97 | |||
| Total cash flows from financing | -$31 | -$49 | -$67 | -$276 |
| Effect of exchange rate | $1 | -$1 | $1 | |
| Change in cash and equivalents | -$28 | -$7 | $5 | $243 |
| (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 | $820.75M |
|---|---|
| Enterprise value | $4.02B |
| Shares outstanding | 45.20M |
| Revenue | $269.00M |
|---|---|
| EBITDA | $105.00M |
| EBIT | $74.00M |
| Net Income | $3.00M |
| Revenue Q/Q | -65.75% |
| Revenue Y/Y | -46.63% |
| P/E ratio | 273.58 |
|---|---|
| EV/Sales | 14.95 |
| EV/EBITDA | 38.30 |
| EV/EBIT | 54.35 |
| P/S ratio | 3.05 |
| P/B ratio | 0.54 |
| Book/Share | 33.68 |
| Cash/Share | 6.06 |
| EPS | $0.07 |
|---|---|
| ROA | 0.04% |
| ROE | 0.23% |
| Debt/Equity | 5.14 |
|---|---|
| Net debt/EBITDA | 64.03 |
| Current ratio | N/A |
| Quick ratio | N/A |