Ambac Financial Group, Inc.

Ambac Financial Group, Inc.verified

AMBC

Price:

$11.06

Market Cap:

$524.70M

Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees in the United States, the United Kingdom, Italy, Austria, Australia, France, and Internationally. It offers financial guarantee insurance policies; specialty property & casualty program insurance; credit derivative contracts; and interest rate derivative transactions, as well as managing general agency / underwriting services. The company was incorporated in 1991 and is headquartered in New York, New York.[Read more]

Industry

Insurance - Specialty

IPO Date

2013-05-01

Stock Exchange

NYSE

Ticker

AMBC

The Current Ratio as of September 2024 (TTM) for Ambac Financial Group, Inc. (AMBC) is 1.03

According to Ambac Financial Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of -89.74% compared to the average of 10.06 of the last 4 quarters.

Ambac Financial Group, Inc. (AMBC) Historical Current Ratio (quarterly & annually)

How has AMBC Current Ratio performed in the past?

The mean historical Current Ratio of Ambac Financial Group, Inc. over the last ten years is 1.29K. The current 1.03 Current Ratio has changed -92.00% with respect to the historical average. Over the past ten years (40 quarters), AMBC's Current Ratio was at its highest in in the September 2016 quarter at 138.16K. The Current Ratio was at its lowest in in the September 2015 quarter at -11.40.

Quarterly (TTM)
Annual

Average

1.29K

Median

158.32

Minimum

0.95

Maximum

7.18K

Ambac Financial Group, Inc. (AMBC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ambac Financial Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 175.92%

Maximum Annual Current Ratio = 7.18K

Minimum Annual Increase = -99.75%

Minimum Annual Current Ratio = 0.95

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.95-98.57%
202266.69-49.08%
2021130.97-34.37%
2020199.560.89%
2019197.796.53%
2018185.67495.48%
201731.18154.12%
201612.27-99.75%
20154.89K-31.91%
20147.18K175.92%

Ambac Financial Group, Inc. (AMBC) Average Current Ratio

How has AMBC Current Ratio performed in the past?

The current Current Ratio of Ambac Financial Group, Inc. (AMBC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

66.20

5-year avg

119.19

10-year avg

1.29K

Ambac Financial Group, Inc. (AMBC) Current Ratio vs. Peers

How is AMBC’s Current Ratio compared to its peers?

Ambac Financial Group, Inc.’s Current Ratio is less than Employers Holdings, Inc. (0), greater than James River Group Holdings, Ltd. (0.42), greater than Assured Guaranty Ltd. (0.76), less than ICC Holdings, Inc. (12.09), greater than Radian Group Inc. (0.65), less than MGIC Investment Corporation (1.94), less than AMERISAFE, Inc. (2.98), greater than Essent Group Ltd. (0.60), less than Investors Title Company (12.05), less than null (3.85),

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