AMERICAN SAFETY INSURANCE HOLDINGS LTD
Financials · Insurance Agents, Brokers & Service · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | FY09 | |
|---|---|---|---|---|
| Revenue | $70.0M | $73.8M | $239.3M | $204.7M |
| Operating income | $9.6M | $3.9M | $31.6M | — |
| Net income | $4.4M | $8.4M | $30.5M | $24.3M |
| Total assets | $1.37B | $1.29B | $1.22B | — |
| Total liabilities | $1.03B | $951.9M | $902.7M | — |
| Equity | $337.3M | $328.1M | $315.3M | $271.8M |
| EPS (diluted) | $0.39 | $0.73 | $2.87 | $2.30 |
| Shares out. | 10.2M | 10.2M | 10.4M | 10.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- 13.8%
- Net margin
- 6.3%
- Return on equity
- 1.3%
- Return on assets
- 0.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 74.9%
- Debt / equity
- 3.05×
- Book value / share
- $33.04
- Revenue growth (YoY)
- −5.2%
- Net income growth (YoY)
- −47.6%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Accruals / assets
- −2.2%clean
- Piotroski F-Score
- 5/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 2 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2004
- NT 10-Kmissed a reporting deadline ↗Mar 28, 2003
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Other material eventOct 3, 2013
- Shareholder vote · Other material eventAug 26, 2013
- Other material eventAug 19, 2013
- Entered a material agreement · Other material eventAug 8, 2013
- Results of operations · Other material eventJul 31, 2013
- Other material eventJul 30, 2013
- Other material eventJul 10, 2013
- Entered a material agreementJun 5, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/ASCHEDULE 13G/AFeb 10, 2014
- 15-12BOct 15, 2013
- EFFECTOct 9, 2013
- POS AMAMENDMENT NO. 1Oct 4, 2013
- S-8 POSAMENDMENT NO. 1Oct 4, 2013
- S-8 POSAMENDMENT NO. 1Oct 4, 2013
- S-8 POSAMENDMENT NO. 1Oct 4, 2013
- 25-NSEOct 3, 2013
- 8-KCURRENT REPORTOct 3, 2013
- 8-KAug 26, 2013
- SC 13D/AAug 19, 2013
- SC 13D/AAug 19, 2013
- DEFA14ACURRENT REPORTAug 19, 2013
- 8-KCURRENT REPORTAug 19, 2013
- SC 13D/AAug 16, 2013
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.