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American Equity Investment Life Holding Co  (AEL)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial

American Equity Investment Life Holding Co's Working Capital Ratio

AEL's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 0.19 below American Equity Investment Life Holding Co average.

Within Life Insurance industry 12 other companies have achieved higher Working Capital Ratio than American Equity Investment Life Holding Co in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 1955, from total ranking in the third quarter 2023 at 4493.

Explain Working Capital Ratio
How much in Current Assets AELīs has?
What is the value of AELīs Current Liabilities?


AEL Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -0.88 % -1.6 % -4.37 % -7.53 % -6.2 %
Y / Y Current Assets Change 301.48 % -77.36 % -89.34 % -94.11 % -96.05 %
Working Capital Ratio MRQ 0.19 0.19 0.11 0.07 0.05
AEL's Total Ranking # 1955 # 4493 # 4677 # 3475 # 3486
Seq. Current Liabilities Change 1.11 % 0.61 % 1.24 % -3.74 % 0.37 %
Seq. Current Assets Change 0.65 % 71.67 % 67.22 % 38.96 % -94.33 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Life Insurance Industry # 13
Financial Sector # 323
Overall Market # 1955


Working Capital Ratio Statistics
High Average Low
1.12 0.9 0.05
(Sep 30 2021)   (Dec 31 2022)




Financial Statements
American Equity Investment Life Holding Co's Current Liabilities $ 61,090 Millions Visit AEL's Balance sheet
American Equity Investment Life Holding Co's Current Assets $ 11,439 Millions Visit AEL's Balance sheet
Source of AEL's Sales Visit AEL's Sales by Geography


Cumulative American Equity Investment Life Holding Co's Working Capital Ratio

AEL's Working Capital Ratio for the trailling 12 Months

AEL Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -0.88 % -1.6 % -4.37 % -7.53 % -6.2 %
Y / Y Current Assets TTM Growth 301.48 % -77.36 % -89.34 % -94.11 % -96.05 %
Working Capital Ratio TTM 0.14 0.1 0.26 0.49 0.73
Total Ranking TTM # 1609 # 3656 # 3593 # 3741 # 0
Seq. Current Liabilities TTM Growth 1.11 % 0.61 % 1.24 % -3.74 % 0.37 %
Seq. Current Assets TTM Growth 0.65 % 71.67 % 67.22 % 38.96 % -94.33 %


On the trailing twelve months basis AEL Current Assets more than doubled by 301.48 % in IV Quarter 2023 year on year, while Current Liabilities rose to $61,090 millions, this led to increase in in American Equity Investment Life Holding Co's Working Capital Ratio to 0.14, Working Capital Ratio remained below AEL average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Life Insurance industry 12 other companies have achieved higher Working Capital Ratio than American Equity Investment Life Holding Co. While Working Capital Ratio overall ranking has improved so far to 1609, from total ranking during the twelve months ending third quarter 2023 at 3656.

Explain Working Capital Ratio
How much in Current Assets AELīs has?
What is the value of AELīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Life Insurance Industry # 13
Financial Sector # 323
Within the Market # 1609


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.12 0.9 0.05
(Sep 30 2021)   (Dec 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Life Insurance Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Lincoln National Corporation  0.26 $ 41,180.000  Millions$ 160,851.000  Millions
Voya Financial Inc   0.22 $ 2,224.000  Millions$ 9,932.000  Millions
F and g Annuities and Life Inc   0.22 $ 12,772.000  Millions$ 57,859.000  Millions
Corebridge Financial Inc   0.21 $ 12,357.000  Millions$ 60,220.000  Millions
American Equity Investment Life Holding Co  0.19 $ 11,439.206  Millions$ 61,090.497  Millions
Globe Life Inc   0.08 $ 1,751.338  Millions$ 20,678.063  Millions

Date modified: 2024-03-01T05:02:19+00:00



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