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American Financial Group AFG Other — Write-offs charged against the allowance

Discontinued — last reported Q4 '20

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Other financials

Income statement

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Revenue$1.9B-0.1%
Operating income$239.0M+21.3%
Net income$191.0M+24.0%
EPS (diluted)$2.29+24.5%

Balance sheet

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Cash & equivalents$1.4B+6.0%
Total debt$2.0B+19.3%
Total equity$4.7B+6.5%
Total assets$32.4B+6.8%

Cash flow

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Operating cash flow$474.0M+38.6%

Valuation

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Market cap$11.04B-3.6%
Enterprise value$11.72B-1.2%
P/E12.6×-1.8×
P/S1.4×0.0×

Profitability

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Operating margin13.6%+1.4pp
Net margin10.8%+1.1pp

Returns & leverage

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Return on equity19.4%+0.9pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by American Financial Group in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceLossOnUncollectibleAccountsInPeriodAmount.

The official record: American Financial Group’s 10-K, filed February 25, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does other — write-offs charged against the allowance mean?
The actual amount of debt removed from the books because it is determined to be uncollectible.
How do you interpret other — write-offs charged against the allowance?
An increase indicates higher realized credit losses, potentially signaling poor underwriting or worsening economic conditions for the segment's counterparties.
How does other — write-offs charged against the allowance compare across companies?
Commonly referred to as 'Net charge-offs' in banking and insurance credit portfolios.