Company Information

  

Address: 6000 WESTOWN PARKWAY  
City: WEST DEMOINES 
State: IA 
Zip Code: 50266 
Telephone: 515-221-0002 

Description of Business

Primary SIC Code: 6311
(As filed with the SEC)  

We are a leader in the development and sale of fixed index and fixed rate annuity products. We were incorporated in the state of Iowa on December 15, 1995. We issue fixed annuity and life insurance products through our wholly-owned life insurance subsidiaries, American Equity Investment Life Insurance Company ("American Equity Life"), American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company ("Eagle Life"). We have one business segment which represents our core business comprised of the sale of fixed index and fixed rate annuities. Our business strategy is focused on growing our policyholder funds and earning predictable returns by managing investment spreads and investment risk. We are licensed to sell our products in 50 states and the District of Columbia.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20172.25NA11.68
03/20172.14NA11.04
12/20160.980.24023.00
09/2016-0.06NAN/E
06/20161.23NA11.59
03/20162.10NA8.00
12/20152.720.2208.83
09/20152.72NA8.57

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.10Total Liab/Total Assets0.96
Net Inc/Total Assets0.00Total Liab/Inv Cap0.96
Net Inc/Inv Cap0.00Total Liab/Comm Equity62.63
Pretax Inc/Net Sales0.06Interest Coverage Ratio4.16
Net Inc/Net Sales0.04Curr Debt/EquityNA
Cash Flow/Net Sales0.64LTD/Equity0.32
SG&A/NetSalesNATotal Debt/Equity0.32
Asset Utilization   Liquidity  
Net Receivables Turnover108.11Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 819.13 927.30 622.82 630.06
Cost of Goods Sold 482.58 431.01 252.65 294.01
Selling & Admin Exps NA NA NA NA
Operating Income 40.27 81.48 187.59 -10.98
Interest Exp 12.10 11.06 10.93 10.14
Pretax Income 40.27 81.48 187.59 -10.98
Other Income -175.40 -224.17 151.10 -144.40
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 26.95 53.94 120.80 -7.42

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 1,574.91 1,172.75 791.27 812.81
Receivables - Total 0.95 0.00 11.47 12.65
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 59,635.59 57,548.61 56,053.47 55,848.22
Liabilities        
Accounts Payable NA 19.69 NA NA
Debt in Current Liabilities 61.67 NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,130.71 736.02 735.61 735.20
Total Liabilities 56,984.18 55,112.38 53,761.88 53,035.36
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 88.74 88.63 88.00 87.90
Retained Earnings 1,174.17 1,147.22 1,093.28 993.60
Treasury Stock NA NA NA NA
Total Stockholders' Equity 2,651.41 2,436.23 2,291.60 2,812.86
Total Liabilities and Stockholders' Equity 59,635.59 57,548.61 56,053.47 55,848.22

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 333.15 497.93 469.82 522.13
Net Cash Provided by Investing Activities -834.12 -519.91 -1,010.33 -2,085.58
Net Cash Provided by Financing Activities 903.13 403.47 518.97 829.22

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,652.3657.800.89
12/20132,610.69253.283.38
12/20142,168.97126.021.58
12/20151,518.94219.832.72
12/20162,220.2883.240.98
Growth Rates7.679.552.44

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1725483,84294.29




Report Date : 10/16/2017

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