American Integrity Insurance Group, Inc. (AII) Balance Sheet
AII balance sheet, 2025
December 31, 2025 · U.S. dollars$1.23B assets = $888.1M liabilities + $337.0M equity
Both columns are drawn to the same scale: what AII owns equals what it owes plus shareholders’ equity. Hover a block for its value.
AII financial health
Descriptive bands, not a rating. Fiscal 2025.
AII balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $862.0M2023 | $1.23B2025 | +19.2%/yr | |
| Total liabilities | $728.1M2023 | $888.1M2025 | +10.4%/yr | |
| Shareholders’ equity | $134.0M2023 | $337.0M2025 | +58.6%/yr | |
| Cash & short-term investments | $256.8M2023 | $374.4M2025 | +20.7%/yr | |
| Total debt | $6.1M2023 | $1.1M2025 | −57.9%/yr | |
| Net cash (debt) | $250.7M2023 | $373.3M2025 | +$122.6M | |
| Working capital | $778.9M2023 | $246.3M2025 | −$532.7M | |
| Book value per share | $6.842023 | $19.552025 | +69.1%/yr | |
| Debt / equity | 0.052023 | 0.002025 | −0.04 | |
| Shares outstanding | 19.6M2023 | 17.2M2025 | −6.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
AII assets
AII liabilities and equity
AII debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
AII balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $374.4M | $262.3M | $256.8M |
| Cash & equivalents | $203.9M | $173.2M | $61.6M |
| Short-term investments | $170.5M | $89.0M | $195.2M |
| Receivables | $45.0M | $513.7M | $362.8M |
| Inventory | $0 | $0 | $0 |
| Other current assets | $0 | $401.5M | $225.9M |
| Total current assets | $248.9M | $1.18B | $845.6M |
| Property, plant & equipment (net) | $6.2M | $4.3M | $5.8M |
| Goodwill & intangible assets | $0 | $0 | $0 |
| Long-term investments | $348.6M | $214.0M | $195.2M |
| Other non-current assets | $621.4M | $0 | $0 |
| Total assets | $1.23B | $1.20B | $862.0M |
| Liabilities | |||
| Accounts payable | $78.5M | $56.3M | $61.1M |
| Short-term debt | — | $412,000 | $412,000 |
| Total current liabilities | $2.7M | $88.7M | $66.6M |
| Long-term debt | $618,000 | $617,000 | $1.0M |
| Lease obligations | $458,000 | $2.6M | $4.6M |
| Other long-term liabilities | $884.8M | $946.4M | $660.4M |
| Total liabilities | $888.1M | $1.04B | $728.1M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $20,000 | $10.3M | $10.3M |
| Retained earnings (deficit) | $229.2M | $152.4M | $124.7M |
| Accumulated other comprehensive income | $1.9M | −$327,000 | −$1.0M |
| Total shareholders' equity | $337.0M | $162.4M | $134.0M |
| Key figures | |||
| Total debt | $1.1M | $3.6M | $6.1M |
| Net cash (debt) | $373.3M | $258.6M | $250.7M |
| Working capital | $246.3M | $1.09B | $778.9M |
| Tangible book value | $337.0M | $162.4M | $134.0M |
| Book value per share | $19.55 | $8.29 | $6.84 |
| Shares outstanding | 17.2M | 19.6M | 19.6M |
| Current ratio | 92.89 | 13.28 | 12.69 |
| Quick ratio | 156.49 | 8.75 | 9.30 |
| Debt / equity | 0.00 | 0.02 | 0.05 |
| Equity / assets | 27.5% | 13.6% | 15.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $519.0M | $382.6M | $374.4M | $501.8M | $340.0M | $442.6M | $262.3M |
| Cash & equivalents | $288.5M | $171.2M | $203.9M | $144.8M | $259.6M | $236.4M | $173.2M |
| Short-term investments | $230.6M | $211.4M | $170.5M | $357.0M | $80.4M | $206.2M | $89.0M |
| Receivables | $59.1M | $381.7M | $317.5M | $429.2M | $454.1M | $498.1M | $513.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $213.1M | $315.3M | $483.6M | $583.1M | $182.7M | $401.5M |
| Total current assets | $403.0M | $977.3M | $1.01B | $1.41B | $1.38B | $1.12B | $1.18B |
| Property, plant & equipment (net) | $47.4M | $42.1M | $6.2M | $7.2M | $3.5M | $3.8M | $4.3M |
| Goodwill & intangible assets | $22.4M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $351.2M | $349.7M | $348.6M | $357.0M | $275.4M | $206.2M | $214.0M |
| Other non-current assets | $788.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.61B | $1.18B | $1.23B | $1.43B | $1.59B | $1.13B | $1.20B |
| Liabilities | |||||||
| Accounts payable | $341.6M | $5.3M | $78.5M | $177.6M | $344.8M | $1.3M | $56.3M |
| Short-term debt | $326,000 | $353,000 | — | $574,000 | $0 | $0 | $412,000 |
| Deferred revenue | — | $496.7M | $493.3M | $525.1M | $509.7M | $444.4M | — |
| Total current liabilities | $1.5M | $780.4M | $854.0M | $1.09B | $1.26B | $922.4M | $1.01B |
| Long-term debt | $412,000 | $515,000 | $618,000 | $721,000 | $824,000 | $926,000 | $617,000 |
| Lease obligations | $33.1M | $32.7M | $458,000 | $1.0M | $1.6M | $2.1M | $2.6M |
| Other long-term liabilities | $474.9M | $58.6M | $33.4M | $26.8M | $25.9M | $25.3M | $946.4M |
| Total liabilities | $1.24B | $839.6M | $888.1M | $1.12B | $1.29B | $948.7M | $1.04B |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $10.3M | $10.3M |
| Retained earnings (deficit) | $263.3M | $229.1M | $229.2M | $208.3M | $195.1M | $175.7M | $152.4M |
| Accumulated other comprehensive income | −$420,000 | $184,000 | $1.9M | $1.7M | $987,000 | $118,000 | −$327,000 |
| Total shareholders' equity | $369.5M | $335.5M | $337.0M | $315.9M | $301.9M | $186.1M | $162.4M |
| Key figures | |||||||
| Total debt | $33.5M | $33.2M | $1.1M | $1.7M | $2.4M | $3.0M | $3.6M |
| Net cash (debt) | $485.5M | $349.4M | $373.3M | $500.0M | $337.6M | $439.6M | $258.6M |
| Working capital | $401.4M | $196.9M | $153.2M | $324.3M | $114.2M | $201.0M | $171.6M |
| Tangible book value | $347.1M | $335.5M | $337.0M | $315.9M | $301.9M | $186.1M | $162.4M |
| Book value per share | $18.87 | $17.13 | $17.22 | $16.14 | $17.80 | $9.50 | $8.29 |
| Shares outstanding | 19.6M | 19.6M | 19.6M | 19.6M | 17.0M | 19.6M | 19.6M |
| Current ratio | 260.83 | 1.25 | 1.18 | 1.30 | 1.09 | 1.22 | 1.17 |
| Quick ratio | 374.18 | 0.98 | 0.81 | 0.85 | 0.63 | 1.02 | 0.77 |
| Debt / equity | 0.09 | 0.10 | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 |
| Equity / assets | 22.9% | 28.6% | 27.5% | 22.0% | 19.0% | 16.4% | 13.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
AII financial position
At the end of fiscal 2025 (December 31, 2025), American Integrity Insurance had total assets of $1.2 billion (up 2.2% from a year earlier), total liabilities of $888.1 million and shareholders' equity of $337.0 million. It held $374.4 million in cash and short-term investments against $1.1 million of debt, a net cash position of $373.3 million. Its current ratio was 92.89. In the latest quarter (ended June 30, 2026) total assets were $1.6 billion and equity $369.5 million.
Related: AII income statement, AII cash flow statement, AII key metrics. See the AII stock overview for the latest quote and news.
AII balance sheet FAQ
What are American Integrity Insurance's total assets?
American Integrity Insurance reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.2 billion a year earlier.
How much debt does American Integrity Insurance have?
American Integrity Insurance had $1.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.00.
How much cash does American Integrity Insurance have?
American Integrity Insurance held $374.4 million in cash and short-term investments at the end of fiscal 2025; with $1.1 million of debt that is net cash of $373.3 million.
What is American Integrity Insurance's book value?
American Integrity Insurance's shareholders' equity (book value) was $337.0 million at the end of fiscal 2025, or $19.55 per share.
What is American Integrity Insurance's current ratio?
American Integrity Insurance had current assets of $248.9 million and current liabilities of $2.7 million, a current ratio of 92.89 (it can cover its short-term obligations).