IHC
Price:
$57.01
Market Cap:
$0
Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products; pet insurance; and occupational accident insurance products, such as accidental death, accident disability, and accident me...[Read more]
Industry
Insurance - Life
IPO Date
1980-01-16
Stock Exchange
NYSE
Ticker
IHC
According to Independence Holding Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.13. This represents a change of -80.81% compared to the average of 5.90 of the last 4 quarters.
The mean historical Current Ratio of Independence Holding Company over the last ten years is 0.22. The current 1.13 Current Ratio has changed 50.49% with respect to the historical average. Over the past ten years (40 quarters), IHC's Current Ratio was at its highest in in the March 2021 quarter at 13.19. The Current Ratio was at its lowest in in the March 2012 quarter at 0.01.
Average
0.22
Median
0.04
Minimum
0.02
Maximum
1.13
Discovering the peaks and valleys of Independence Holding Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.03%
Maximum Annual Current Ratio = 1.13
Minimum Annual Increase = -57.78%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2020 | 1.13 | 227.62% |
| 2019 | 0.35 | -29.86% |
| 2018 | 0.49 | 1.03% |
| 2017 | 0.04 | -57.78% |
| 2016 | 0.10 | 346.21% |
| 2015 | 0.02 | -21.63% |
| 2014 | 0.03 | 16.12% |
| 2013 | 0.03 | -1.52% |
| 2012 | 0.03 | 48.20% |
| 2011 | 0.02 | 64.98% |
The current Current Ratio of Independence Holding Company (IHC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.66
5-year avg
0.42
10-year avg
0.22
Independence Holding Company’s Current Ratio is greater than Origin Bancorp, Inc. (0), greater than Lakeland Bancorp, Inc. (0.19), less than WisdomTree, Inc. (2.82), greater than CrossFirst Bankshares, Inc. (0.26), less than PacWest Bancorp (2.27), greater than Signature Bank (0.28), less than SVB Financial Group (3.07), less than MidCap Financial Investment Corporation (5.15), greater than Argo Group International Holdings, Ltd. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $1.17B | |
| 0.19 | $875.02M | |
| 2.82 | $1.60B | |
| 0.26 | $788.64M | |
| 2.27 | $904.52M | |
| 0.28 | $84.68M | |
| 3.07 | $0 | |
| 5.15 | $1.14B | |
| 0 | $1.06B |
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