| Address:
|
ONE STATE ST PLZ
|
| City: |
NEW YORK |
|
State: |
NY |
|
Zip Code: |
10004 |
| Telephone: |
212-668-0340 |
|
Description of Business
|
Primary SIC Code:
6351 |
| (As filed with the SEC)
|
|
|
Ambac Financial Group, Inc., headquartered in New York City, is a holding
company whose subsidiaries provide financial guarantee products (including
credit derivatives) and provides other financial services to clients in both the
public and private sectors around the world. Ambac was incorporated on April 29,
1991. Ambac's activities are divided into two business segments: (i) Financial
Guarantee and (ii) Financial Services. Ambac provides financial guarantee
insurance for public and structured finance obligations through its principal
operating subsidiary, Ambac Assurance Corporation. Ambac Assurance is the
successor to the founding financial guarantee insurance company, which wrote the
first bond insurance policy in 1971. As an alternative to financial guarantee
insurance credit protection is provided by Ambac Credit Products, a subsidiary
of Ambac Assurance, in credit derivative format. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 03/2009 | -11.98 | NA | N/E | | 12/2008 | -22.31 | NA | N/E | | 09/2008 | -45.47 | 0.010 | N/E | | 06/2008 | -39.16 | 0.010 | N/E | | 03/2008 | -45.27 | NA | N/E | | 12/2007 | -31.56 | 0.070 | N/E | | 09/2007 | 2.14 | 0.210 | 29.40 | | 06/2007 | 7.57 | 0.210 | 11.52 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2008 |
Leverage |
2008 |
| Net Inc/Comm Equity | -3.90 | Total Liab/Total Assets | 1.22 | | Net Inc/Total Assets | -0.33 | Total Liab/Inv Cap | 1.22 | | Net Inc/Inv Cap | -0.33 | Total Liab/Comm Equity | 14.62 | | Pretax Inc/Net Sales | NA | Interest Coverage Ratio | -14.49 | | Net Inc/Net Sales | NA | Curr Debt/Equity | NA | | Cash Flow/Net Sales | NA | LTD/Equity | -4.05 | | SG&A/NetSales | NA | Total Debt/Equity | -4.05 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | NA | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | NA | | |
Income Statement (Millions) |
| |
3/31/2009
|
9/30/2008
|
6/30/2008
|
3/31/2008
|
|
Total Revenues(Net Sales)
|
1,129.52
|
488.18
|
547.17
|
426.93
|
|
Cost of Goods Sold
|
NA
|
NA
|
NA
|
NA
|
|
Selling & Admin Exps
|
804.44
|
668.09
|
-266.93
|
1,111.21
|
|
Operating Income
|
325.08
|
-4,193.44
|
2,803.67
|
-2,673.85
|
|
Interest Exp
|
45.38
|
83.39
|
91.37
|
116.94
|
|
Pretax Income
|
279.70
|
-3,071.91
|
1,507.39
|
-2,790.78
|
|
Other Income
|
NA
|
1,204.92
|
-1,204.92
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-392.20
|
-2,431.22
|
823.13
|
-1,660.34
|
|
Assets
|
3/31/2009
|
9/30/2008
|
6/30/2008
|
3/31/2008
|
|
Cash & Short Term Investments
|
1,123.96
|
1,426.65
|
1,596.31
|
1,652.12
|
|
Receivables - Total
|
5,163.02
|
1,319.00
|
1,111.17
|
528.63
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
NA
|
NA
|
NA
|
NA
|
|
Total Assets
|
20,182.40
|
20,446.18
|
22,875.08
|
24,919.26
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
695.93
|
88.76
|
98.15
|
257.94
|
|
Debt in Current Liabilities
|
113.50
|
5,618.29
|
7,381.62
|
135.27
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
12,068.99
|
11,315.32
|
9,344.16
|
18,345.77
|
|
Total Liabilities
|
24,160.51
|
21,333.09
|
20,935.61
|
23,633.52
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
792.64
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
2.94
|
2.94
|
2.94
|
2.94
|
|
Retained Earnings
|
-4,341.16
|
-1,205.96
|
1,268.87
|
449.80
|
|
Treasury Stock
|
-582.83
|
-595.41
|
-635.78
|
-636.93
|
|
Total Stockholders' Equity
|
-3,978.11
|
-886.91
|
1,939.47
|
1,285.74
|
|
Total Liabilities and Stockholders' Equity
|
20,182.40
|
20,446.18
|
22,875.08
|
24,919.26
|
Cash Flow Summary (Millions) |
|
Categories
|
3/31/2009
|
9/30/2008
|
6/30/2008
|
3/31/2008
|
|
Net Cash Provided by Operating Activities
|
-383.66
|
-899.75
|
-26.51
|
141.25
|
|
Net Cash Provided by Investing Activities
|
1,250.30
|
2,583.25
|
477.84
|
-556.39
|
|
Net Cash Provided by Financing Activities
|
-866.58
|
-1,696.72
|
-444.96
|
390.44
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2004 | 1,406.71 | 724.55 | 6.53 | | 12/2005 | 1,661.71 | 751.01 | 6.87 | | 12/2006 | 1,833.52 | 875.91 | 8.15 | | 12/2007 | 0.00 | -3,248.16 | -31.56 | | 12/2008 | 0.00 | -5,609.25 | -22.31 | | Growth Rates | -100.00 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 03/31/09 | 190 | 136,937 | 47.66 |
|
Report Date :
6/23/2009
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