AM Best Affirms Credit Ratings of Prism Assurance, Ltd. [Yahoo! Finance]
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Apogee Enterprises, Inc. (APOG)
Last apogee enterprises, inc. earnings: 4/2 06:30 am
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Source: Yahoo! Finance
of "a-" (Excellent) of Prism Assurance, Ltd. (Prism) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Prism's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). Prism's balance sheet strength assessment of very strong is supported by risk-adjusted capitalization at the strongest level, as measured by Best's Capital Adequacy Ratio (BCAR). Further, the company has strong liquidity measures, and affords financial flexibility through the support from its parent company, Apogee Enterprises, Inc. (Apogee) [NASDAQ: APOG]. The adequate operating performance assessment reflects Prism's five-year average operating ratio that compares suitably with AM Best's workers' compensation composite, despite intermittent volatility. The company continues to generate consistent annual net profits primarily from a steady flow
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APOG
News
- Is Apogee Enterprises (APOG) Outperforming Other Industrial Products Stocks This Year? [Yahoo! Finance]Yahoo! Finance
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- Shareholders Would Not Be Objecting To Apogee Enterprises, Inc.'s (NASDAQ:APOG) CEO Compensation And Here's Why [Yahoo! Finance]Yahoo! Finance
- Apogee Enterprises Announces Date for Fiscal 2025 First Quarter Financial ResultsBusiness Wire
APOG
Earnings
- 4/18/24 - Beat
APOG
Sec Filings
- 6/20/24 - Form S-8
- 6/18/24 - Form 4
- 6/3/24 - Form DEFA14A
- APOG's page on the SEC website