Independence Holding Co (IHC) Files 10-K for the Fiscal Year Ended on December 31, 2018

Independence Holding Co (IHC, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Independence Holding Co is in the business of life and health insurance. The company mainly provides disability and health coverages and related services to commercial and individual customers. Independence Holding Co has a market cap of $604.990 million; its shares were traded at around $40.47 with a P/E ratio of 21.41 and P/S ratio of 1.77. The dividend yield of Independence Holding Co stocks is 0.75%. Independence Holding Co had annual average EBITDA growth of 5.00% over the past five years.

For the last quarter Independence Holding Co reported a revenue of $87.6 million, compared with the revenue of $82.67 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $350.8 million, an increase of 9.4% from last year. For the last five years Independence Holding Co had an average revenue decline of 12.1% a year.

The reported diluted earnings per share was $1.89 for the year, a decline of 28.1% from the previous year. Over the last five years Independence Holding Co had an EPS growth rate of 29.6% a year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Independence Holding Co has the cash and cash equivalents of $26.2 million, compared with $26.5 million in the previous year. The company had no long term debt. The interest coverage to the debt is 6.5. Independence Holding Co has a financial strength rank of 7 (out of 10).

At the current stock price of $40.47, Independence Holding Co is traded at 311.7% premium to its historical median P/S valuation band of $9.83. The P/S ratio of the stock is 1.77, while the historical median P/S ratio is 0.43. The stock gained 30.24% during the past 12 months.

For the complete 20-year historical financial data of IHC, click here.