Acadian Asset Management (AAMI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 319M | 279.7M | 291.4M | 224.8M | 255.2M | 266.2M | 195.8M | 193.6M | 222M | 293.7M | 252.8M | 248.9M | 266.6M | 245.7M | 208.6M | 206.1M | 209.5M | 424.1M | 1.55B | 1.42B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 99.24 | 72.02 | 83.96 | 91.5 | 111.36 | 77.83 | 86.51 | 96.55 | 112.95 | 86.67 | 83 | 89.63 | 109.02 | 80.08 | 100.69 | 101.58 | 112.86 | 79.07 | 87.32 | 79.05 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 21.4M | 3.7M | 3.6M | 3.7M | 17.7M | 1.8M | 800K | 800K | 0 | 12.1M | 12.6M | 12.8M | 0 | 0 | 0 | 0 | 15.7M | 138.3M |
| Total Non-Current Assets | 396.4M | 397.3M | 460M | 447.5M | 422.1M | 437M | 359.4M | 339.5M | 322.9M | 317.7M | 300.2M | 309.4M | 279.4M | 273M | 266.1M | 272.2M | 284.6M | 290.7M | 296.4M | 323.9M |
| Property, Plant & Equipment | 46M | 47.6M | 79.6M | 82.3M | 84.8M | 88.2M | 90.2M | 93.7M | 97.6M | 101.4M | 104.2M | 107.7M | 109.7M | 107.6M | 109.1M | 110.9M | 112.2M | 115.3M | 117.1M | 120.6M |
| Fixed Asset Turnover | 3.57x | 3.19x | 1.78x | 1.52x | 1.39x | 1.88x | 1.34x | 1.14x | 1.06x | 1.28x | 1.01x | 0.89x | 0.84x | 1.13x | 0.79x | 0.86x | 0.99x | 1.40x | 0.99x | 1.01x |
| Goodwill | 0 | 0 | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M | 20.3M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 200K |
| Long-Term Investments | 50.8M | 51.2M | 216.3M | 224.9M | 208.7M | 221.9M | 139.7M | 121.1M | 104.6M | 98.6M | 78.7M | 56.7M | 52.7M | 50.3M | 45.9M | 49.1M | 53.4M | 54.5M | 54.8M | 62M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 715.4M | 677M | 751.4M | 672.3M | 677.3M | 703.2M | 555.2M | 533.1M | 544.9M | 611.4M | 553M | 558.3M | 546M | 518.7M | 474.7M | 478.3M | 494.1M | 714.8M | 1.85B | 1.75B |
| Asset Turnover | 0.24x | 0.28x | 0.20x | 0.19x | 0.17x | 0.27x | 0.23x | 0.20x | 0.18x | 0.23x | 0.19x | 0.17x | 0.17x | 0.25x | 0.18x | 0.20x | 0.19x | 0.13x | 0.07x | 0.08x |
| Asset Growth % | 5.63% | -3.73% | 35.34% | 26.11% | 24.3% | 15.01% | 0.4% | -4.51% | -0.2% | 17.87% | 16.49% | 16.73% | 10.5% | -27.43% | -74.31% | -72.65% | -65.61% | -48.17% | 30.36% | 22.89% |
| Total Current Liabilities | 356.5M | 167.5M | 59.2M | 152.1M | 175.8M | 191.5M | 131.4M | 67.5M | 102.8M | 41.9M | 38.5M | 91.1M | 116.2M | 35.9M | 54.6M | 77.2M | 117.8M | 36.3M | 130M | 280.3M |
| Accounts Payable | 54.5M | 167.5M | 56.8M | 32.9M | 27.1M | 7.2M | 37.2M | 29.6M | 22.6M | 8.8M | 24.2M | 51.9M | 20.9M | 5M | 22.9M | 24.4M | 21M | 5M | 24.5M | 25.7M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 285M | 0 | 2.4M | 20M | 80M | 9.5M | 2.3M | 36M | 73M | 0 | 13M | 38M | 87M | 0 | 29M | 50M | 88M | 0 | 33M | 53.9M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | -2.4M | 26M | 27M | 20.7M | 5.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 119.2M |
| Current Ratio | 0.89x | 1.67x | 4.92x | 1.48x | 1.45x | 1.39x | 1.49x | 2.87x | 2.16x | 7.01x | 6.57x | 2.73x | 2.29x | 6.84x | 3.82x | 2.67x | 1.78x | 11.68x | 11.93x | 5.08x |
| Quick Ratio | 0.89x | 1.67x | 4.92x | 1.48x | 1.45x | 1.39x | 1.49x | 2.87x | 2.16x | 7.01x | 6.57x | 2.73x | 2.29x | 6.84x | 3.82x | 2.67x | 1.78x | 11.68x | 11.93x | 5.08x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 259.5M | 425.5M | 580.9M | 433.3M | 409M | 424.6M | 427.6M | 484.4M | 452.3M | 520M | 483.3M | 461.2M | 438.1M | 504.4M | 475.2M | 472.1M | 474.2M | 696.1M | 633.5M | 604.3M |
| Long-Term Debt | 0 | 261.4M | 274.6M | 274.5M | 274.4M | 274.3M | 274.2M | 274.1M | 274M | 273.9M | 273.8M | 273.7M | 273.6M | 273.5M | 273.4M | 273.3M | 273.2M | 394.9M | 394.8M | 394.6M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 616M | 593M | 640.1M | 585.4M | 584.8M | 616.1M | 559M | 551.9M | 555.1M | 561.9M | 521.8M | 552.3M | 554.3M | 540.3M | 529.8M | 549.3M | 592M | 732.4M | 763.5M | 884.6M |
| Total Debt | 344.5M | 322.8M | 336.9M | 358.3M | 419.9M | 341.6M | 341.8M | 379.2M | 417.6M | 346.3M | 360.7M | 387.5M | 437.6M | 349.3M | 377.7M | 399.4M | 437.3M | 472.5M | 505.7M | 528.2M |
| Net Debt | 215.5M | 221.6M | 219.6M | 268.1M | 300.3M | 246.8M | 288.2M | 307.6M | 315.4M | 199.5M | 217.6M | 246.7M | 283.5M | 240.9M | 276.3M | 307.2M | 348.5M | 220.4M | -916.8M | -647.2M |
| Debt / Equity | 3.47x | 3.84x | 3.03x | 4.12x | 4.54x | 3.92x | - | - | - | 7.00x | 11.56x | 64.58x | - | - | - | - | - | - | 0.47x | 0.61x |
| Debt / EBITDA | 7.55x | 3.50x | 10.97x | 17.56x | 11.63x | 4.92x | 10.85x | 14.81x | 15.19x | 8.61x | 10.39x | 15.63x | 18.54x | 6.77x | 10.98x | 7.68x | 9.02x | 8.77x | 14.79x | 12.61x |
| Net Debt / EBITDA | 4.73x | 2.41x | 7.15x | 13.14x | 8.32x | 3.56x | 9.15x | 12.02x | 11.47x | 4.96x | 6.27x | 9.95x | 12.01x | 4.67x | 8.03x | 5.91x | 7.19x | 4.09x | -26.81x | -15.45x |
| Interest Coverage | 12.06x | 8.59x | 8.48x | 5.45x | 7.69x | 14.27x | 7.04x | 4.23x | 5.36x | 8.76x | 6.73x | 4.15x | 4.49x | 10.74x | 6.50x | 9.60x | 6.14x | 10.59x | 10.26x | 6.49x |
| Total Equity | 99.4M | 84M | 111.3M | 86.9M | 92.5M | 87.1M | -3.8M | -18.8M | -10.2M | 49.5M | 31.2M | 6M | -8.3M | -21.6M | -55.1M | -71M | -97.9M | -17.6M | 1.08B | 863.9M |
| Equity Growth % | 7.46% | -3.56% | 3028.95% | 562.23% | 1006.86% | 75.96% | -112.18% | -413.33% | -22.89% | 329.17% | 156.62% | 108.45% | 91.52% | -22.73% | -105.08% | -108.22% | -122.77% | -104.58% | 299.41% | 271.57% |
| Book Value per Share | 2.78 | 2.35 | 3.11 | 2.42 | 2.47 | 2.32 | -0.10 | -0.49 | -0.26 | 1.20 | 0.73 | 0.14 | -0.19 | -0.50 | -1.30 | -1.67 | -2.16 | -0.28 | 13.02 | 10.42 |
| Total Shareholders' Equity | 77.5M | 60.6M | 20.4M | 9.2M | 21.7M | 20M | -17.9M | -30.8M | -21.7M | 40.2M | 22.9M | 3.7M | -8.7M | -21.6M | -55.1M | -71M | -97.9M | -17.6M | 1.08B | 863.9M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 100K |
| Retained Earnings | 74.2M | 56.2M | 21.9M | 11.3M | 24.9M | 24.4M | -14M | -25.4M | -15.5M | 46.9M | 29.2M | 10.1M | -800K | -12.5M | -42.4M | -59.8M | -88M | -6.8M | 610.4M | 381.6M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.3M | 3.4M | -1.5M | -2.1M | -3.2M | -4.4M | -3.9M | -5.4M | -6.2M | -6.7M | -8.1M | -7.9M | -9.3M | -10.6M | -13.6M | -11.7M | -9.9M | -10.8M | -11.5M | -11.2M |
| Minority Interest | 21.9M | 23.4M | 90.9M | 77.7M | 70.8M | 67.1M | 14.1M | 12M | 11.5M | 9.3M | 8.3M | 2.3M | 400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |