Company Quick10K Filing
Assured Guaranty
10-K 2019-12-31 Filed 2020-02-28
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-08
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-01
10-Q 2018-09-30 Filed 2018-11-09
10-Q 2018-06-30 Filed 2018-08-02
10-Q 2018-03-31 Filed 2018-05-04
10-K 2017-12-31 Filed 2018-02-23
10-Q 2017-09-30 Filed 2017-11-03
10-Q 2017-06-30 Filed 2017-08-03
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-02-24
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-04
10-Q 2016-03-31 Filed 2016-05-05
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-02-26
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-05-09 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-01
10-Q 2012-11-09 Filed 2012-11-09
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-K 2011-12-31 Filed 2012-02-29
10-Q 2011-09-30 Filed 2011-11-14
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-01
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-10
10-K 2009-12-31 Filed 2010-03-01
8-K 2020-03-19
8-K 2020-02-27
8-K 2019-12-31
8-K 2019-12-09 Other Events, Exhibits
8-K 2019-11-22
8-K 2019-11-07
8-K 2019-10-01
8-K 2019-09-06 Other Events, Exhibits
8-K 2019-08-29
8-K 2019-08-07
8-K 2019-06-07 Other Events, Exhibits
8-K 2019-05-31
8-K 2019-05-13 Officers, Shareholder Vote
8-K 2019-05-09
8-K 2019-05-06
8-K 2019-04-11 Earnings, Exhibits
8-K 2019-04-05
8-K 2019-03-27
8-K 2019-03-22
8-K 2019-03-19
8-K 2019-02-28
8-K 2018-12-13 Other Events, Exhibits
8-K 2018-12-06
8-K 2018-11-08
8-K 2018-09-11 Other Events, Exhibits
8-K 2018-08-29
8-K 2018-08-01
8-K 2018-06-25 Other Events, Exhibits
8-K 2018-06-18
8-K 2018-05-03
8-K 2018-05-02 Shareholder Vote
8-K 2018-04-12 Earnings, Exhibits
8-K 2018-04-04
8-K 2018-03-20
8-K 2018-03-12 Other Events, Exhibits
8-K 2018-02-22

Assured Guaranty Financials

AGO Metrics, Comps, Filings

Quarterly | Annual

Business

Assured Guaranty Ltd. (AGL and, together with its subsidiaries, Assured Guaranty or the Company) is a Bermuda-based holding company incorporated in 2003 that provides, through its operating subsidiaries, credit protection products to the United States (U.S.) and international public finance (including infrastructure) and structured finance markets. The Company applies its credit underwriting judgment, risk management skills and capital markets experience primarily to offer financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. If an obligor defaults on a scheduled payment due on an obligation, including a scheduled principal or interest payment (debt service), the Company is required under its unconditional and irrevocable financial guaranty to pay the amount of the shortfall to the holder of the obligation. The Company markets its financial guaranty insurance directly to issuers and underwriters of public finance and structured finance securities as well as to investors in such obligations. The Company guarantees obligations issued principally in the U.S. and the United Kingdom (U.K.), and also guarantees obligations issued in other countries and regions, including Australia and Western Europe. The Company also provides other forms of insurance that are in line with its risk profile and benefit from its underwriting experience.

The Company conducts its financial guaranty business on a direct basis from the following companies: Assured Guaranty Municipal Corp. (AGM), Municipal Assurance Corp. (MAC), Assured Guaranty Corp. (AGC), and Assured Guaranty (Europe) plc (AGE). It also conducts business through Bermuda-based reinsurers Assured Guaranty Re Ltd. (AG Re) and Assured Guaranty Re Overseas Ltd. (AGRO). The following is a description of AGL's principal operating subsidiaries:

-Assured Guaranty Municipal Corp. AGM is located and domiciled in New York. Since mid-2008, AGM has provided financial guaranty insurance and reinsurance only on debt obligations issued in the U.S. public finance and global infrastructure markets, including bonds issued by U.S. state or governmental authorities or notes issued to finance infrastructure projects. AGM was organized in 1984 as "Financial Security Assurance Inc." and until 2008 also offered insurance and reinsurance in the global structured finance market. AGM's subsidiary AGE offers insurance and reinsurance in the global public finance and structured finance markets.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Old Republic (ORI) 7,037 0% 8.0 3% 21,182 15,388 6,565 0 674 870 6,927
Renaissancere Holdings (RNR) 8,388 0% 18.3 2% 25,644 16,914 3,036 0 435 490 8,977
Hanover Insurance Group (THG) 5,388 0% 10.0 3% 12,627 9,540 4,736 0 439 526 5,231
Kemper (KMPR) 5,246 0% 10.5 3% 12,820 8,926 4,850 0 413 563 5,930
Axis Capital Holdings (AXS) 5,663 0% 11.2 1% 25,496 19,910 3,836 0 324 398 4,454
MGIC Investment (MTG) 4,777 0% 6.3 11% 6,147 1,987 902 0 654 861 5,438
Radian Group (RDN) 5,054 93% 6.0 10% 6,671 2,748 1,139 1,058 651 831 5,002
Essent Group (ESNT) 4,861 0% 8.0 14% 3,722 867 639 0 537 627 5,037
Selective Insurance Group (SIGI) 4,427 0% 16.0 3% 8,719 6,582 2,761 0 251 317 5,074
Assured Guaranty (AGO) 4,602 0% 10.8 3% 13,367 6,715 667 0 353 517 5,607
RLI (RLI) 4,254 0% 29.2 3% 3,505 2,505 739 0 118 149 4,339
Enstar (ESGR) 4,161 0% 5.6 3% 18,213 13,128 2,228 0 629 714 4,031
White Mountains Insurance Group (WTM) 3,433 0% 9.4 9% 3,836 765 724 0 331 374 3,514
Mercury General (MCY) 3,060 100% 9.6 4% 5,873 4,071 2,985 2,977 207 285 2,744
National General Holdings (NGHC) 2,655 0% 6.6 3% 10,074 7,542 4,997 0 267 470 3,122
Aspen Insurance Holdings (AHL) 2,528 0% -16.3 -1% 12,978 10,261 2,454 0 -147 -121 1,977
Proassurance (PRA) 2,166 0% 37.4 1% 4,824 3,235 750 0 36 63 2,352
Kinsale Capital Group (KNSL) 2,244 0% 36.6 5% 1,036 646 280 0 50 59 2,158
Navigators Group (NAVG) 2,086 0% 39.0 0% 5,856 4,626 1,527 0 2 47 1,844
NMI Holdings (NMIH) 1,890 0% 9.4 12% 1,301 428 274 0 157 211 1,992

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-12-312012-06-302012-11-092012-12-312013-03-312013-06-302013-09-302013-12-312014-05-092014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash97871079621517513313812514310618421910682758857566166112451981181472007214411418582104123194229
Accounts Receivable
Inventory
PP&E
Assets17,58918,37120,47219,50923,15523,26722,75722,88619,51718,86218,97718,74417,52617,77017,54614,92514,67715,47915,03414,54414,45214,09214,66914,15114,67514,65514,64914,43314,01914,13213,73913,60313,55113,58113,367
Accounts Payable
Long-Term Debt9229241,0531,0501,0388468408368328278191,1148121,3111,3031,3031,3041,3051,3061,3001,3021,3031,3041,3061,3071,2941,2921,5861,2811,2641,2491,5851,2321,2331,234
Liabilities13,72014,18216,67315,61514,12814,45313,55213,60214,02013,47313,11712,69011,37711,44810,9369,1678,8919,6739,2158,4818,3397,8428,0297,6478,0387,9057,7717,5947,2357,4987,1567,0486,8826,8596,715
Stockholders' Equity3,8694,1893,7998,8149,2059,2845,4975,3895,5805,7655,8456,0036,2805,7585,7865,8065,8196,0636,1136,2506,6406,5046,6376,7506,8786,8396,7846,6346,5836,5556,6696,7226,652
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-12-312012-06-302012-11-092012-12-312013-03-312013-06-302013-09-302013-12-312014-05-092014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue428244472541,116445229162465709649198355525921369695368775245396566470527308623281293221274195266206
Cost of Revenue
Gross Profit
R&D
SG&A
Tax911-9967-631844221321191721403767140224651124315565517455-21051042029141344017
Net Income204181-157125-8474434349161189383532201297129429591464791973171532085219775161885414269
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-12-312012-06-302012-11-092012-12-312013-03-312013-06-302013-09-302013-12-312014-05-092014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating110244-158-385583613624981111211252382-144-13-9043-14349102961567927417-92-332134-167
Cash Investing131-594025987223723598111298-5041501,001-702335360172605156143211150-129113126-140208492139439
Cash Financing-252-166-257-191-19465-352-162-13187269-295-212-192-198-245-136-567-104-171-294-194-157-121-181-203-222-142-201-235