Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.60
IHC's Cash to Debt is ranked higher than
74% of the 145 Companies
in the Global Insurance - Life industry.

( Industry Median: 1.85 vs. IHC: 0.60 )
IHC' s 10-Year Cash to Debt Range
Min: 0.07   Max: No Debt
Current: 0.6

Equity to Asset 0.23
IHC's Equity to Asset is ranked higher than
96% of the 156 Companies
in the Global Insurance - Life industry.

( Industry Median: 0.06 vs. IHC: 0.23 )
IHC' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.25
Current: 0.23

0.13
0.25
Interest Coverage 12.35
IHC's Interest Coverage is ranked higher than
81% of the 135 Companies
in the Global Insurance - Life industry.

( Industry Median: 7.86 vs. IHC: 12.35 )
IHC' s 10-Year Interest Coverage Range
Min: 0.46   Max: 9999.99
Current: 12.35

0.46
9999.99
F-Score: 6
Z-Score: 0.83
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 3.89
IHC's Operating margin (%) is ranked higher than
69% of the 157 Companies
in the Global Insurance - Life industry.

( Industry Median: 8.16 vs. IHC: 3.89 )
IHC' s 10-Year Operating margin (%) Range
Min: -11.59   Max: 15.42
Current: 3.89

-11.59
15.42
Net-margin (%) 2.30
IHC's Net-margin (%) is ranked higher than
69% of the 157 Companies
in the Global Insurance - Life industry.

( Industry Median: 5.24 vs. IHC: 2.30 )
IHC' s 10-Year Net-margin (%) Range
Min: -6.74   Max: 11.48
Current: 2.3

-6.74
11.48
ROE (%) 4.70
IHC's ROE (%) is ranked higher than
67% of the 157 Companies
in the Global Insurance - Life industry.

( Industry Median: 10.53 vs. IHC: 4.70 )
IHC' s 10-Year ROE (%) Range
Min: -12.37   Max: 13.34
Current: 4.7

-12.37
13.34
ROA (%) 1.02
IHC's ROA (%) is ranked higher than
88% of the 157 Companies
in the Global Insurance - Life industry.

( Industry Median: 0.68 vs. IHC: 1.02 )
IHC' s 10-Year ROA (%) Range
Min: -1.85   Max: 2.83
Current: 1.02

-1.85
2.83
Revenue Growth (%) 7.50
IHC's Revenue Growth (%) is ranked higher than
86% of the 146 Companies
in the Global Insurance - Life industry.

( Industry Median: 2.70 vs. IHC: 7.50 )
IHC' s 10-Year Revenue Growth (%) Range
Min: 0.7   Max: 46.1
Current: 7.5

0.7
46.1
EBITDA Growth (%) -16.70
IHC's EBITDA Growth (%) is ranked higher than
68% of the 136 Companies
in the Global Insurance - Life industry.

( Industry Median: 5.60 vs. IHC: -16.70 )
IHC' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 331.8
Current: -16.7

0
331.8
EPS Growth (%) -16.20
IHC's EPS Growth (%) is ranked higher than
67% of the 138 Companies
in the Global Insurance - Life industry.

( Industry Median: 6.50 vs. IHC: -16.20 )
IHC' s 10-Year EPS Growth (%) Range
Min: -60.2   Max: 144.2
Current: -16.2

-60.2
144.2
» IHC's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

IHC Guru Trades in Q3 2013

Chuck Royce 454,803 sh (unchged)
Jean-Marie Eveillard 581,881 sh (unchged)
» More
Q4 2013

IHC Guru Trades in Q4 2013

Jean-Marie Eveillard 581,881 sh (unchged)
Chuck Royce 454,803 sh (unchged)
» More
Q1 2014

IHC Guru Trades in Q1 2014

Jean-Marie Eveillard 591,001 sh (+1.57%)
Chuck Royce 454,803 sh (unchged)
» More
Q2 2014

IHC Guru Trades in Q2 2014

Chuck Royce 454,803 sh (unchged)
Jean-Marie Eveillard 591,001 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with IHC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 18.20
IHC's P/E(ttm) is ranked higher than
74% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 14.00 vs. IHC: 18.20 )
IHC' s 10-Year P/E(ttm) Range
Min: 5.42   Max: 83.45
Current: 18.2

5.42
83.45
P/B 0.83
IHC's P/B is ranked higher than
92% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 1.47 vs. IHC: 0.83 )
IHC' s 10-Year P/B Range
Min: 0.24   Max: 1.83
Current: 0.83

0.24
1.83
P/S 0.42
IHC's P/S is ranked higher than
92% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 0.80 vs. IHC: 0.42 )
IHC' s 10-Year P/S Range
Min: 0.11   Max: 1.72
Current: 0.42

0.11
1.72
PFCF 9.54
IHC's PFCF is ranked higher than
76% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 6.81 vs. IHC: 9.54 )
IHC' s 10-Year PFCF Range
Min: 4.68   Max: 106.22
Current: 9.54

4.68
106.22
EV-to-EBIT 11.95
IHC's EV-to-EBIT is ranked higher than
77% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 10.92 vs. IHC: 11.95 )
IHC' s 10-Year EV-to-EBIT Range
Min: 5   Max: 94.1
Current: 11.95

5
94.1
Shiller P/E 29.25
IHC's Shiller P/E is ranked higher than
76% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 23.72 vs. IHC: 29.25 )
IHC' s 10-Year Shiller P/E Range
Min: 3.92   Max: 87.12
Current: 29.25

3.92
87.12

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.52
IHC's Dividend Yield is ranked lower than
94% of the 138 Companies
in the Global Insurance - Life industry.

( Industry Median: 2.40 vs. IHC: 0.52 )
IHC' s 10-Year Dividend Yield Range
Min: 0.16   Max: 2.02
Current: 0.52

0.16
2.02
Dividend Payout 0.10
IHC's Dividend Payout is ranked higher than
96% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 0.34 vs. IHC: 0.10 )
IHC' s 10-Year Dividend Payout Range
Min: 0.06   Max: 2
Current: 0.1

0.06
2
Dividend growth (3y) 15.90
IHC's Dividend growth (3y) is ranked higher than
87% of the 104 Companies
in the Global Insurance - Life industry.

( Industry Median: 6.60 vs. IHC: 15.90 )
IHC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 36.7
Current: 15.9

0
36.7
Yield on cost (5-Year) 0.97
IHC's Yield on cost (5-Year) is ranked lower than
81% of the 139 Companies
in the Global Insurance - Life industry.

( Industry Median: 3.60 vs. IHC: 0.97 )
IHC' s 10-Year Yield on cost (5-Year) Range
Min: 0.31   Max: 3.92
Current: 0.97

0.31
3.92
Share Buyback Rate -2.10
IHC's Share Buyback Rate is ranked higher than
73% of the 129 Companies
in the Global Insurance - Life industry.

( Industry Median: -0.30 vs. IHC: -2.10 )
IHC' s 10-Year Share Buyback Rate Range
Min: 21.7   Max: -2.5
Current: -2.1

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.01
IHC's Price/Tangible Book is ranked higher than
89% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 1.66 vs. IHC: 1.01 )
IHC' s 10-Year Price/Tangible Book Range
Min: 0.49   Max: 4.17
Current: 1.01

0.49
4.17
Price/Median PS Value 0.96
IHC's Price/Median PS Value is ranked higher than
85% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 0.98 vs. IHC: 0.96 )
IHC' s 10-Year Price/Median PS Value Range
Min: 0.36   Max: 3.3
Current: 0.96

0.36
3.3
Price/Graham Number 0.87
IHC's Price/Graham Number is ranked higher than
83% of the 158 Companies
in the Global Insurance - Life industry.

( Industry Median: 1.01 vs. IHC: 0.87 )
IHC' s 10-Year Price/Graham Number Range
Min: 0.32   Max: 2.89
Current: 0.87

0.32
2.89
Earnings Yield (Greenblatt) 8.40
IHC's Earnings Yield (Greenblatt) is ranked higher than
74% of the 155 Companies
in the Global Insurance - Life industry.

( Industry Median: 9.80 vs. IHC: 8.40 )
IHC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.1   Max: 20.1
Current: 8.4

1.1
20.1
Forward Rate of Return (Yacktman) -8.75
IHC's Forward Rate of Return (Yacktman) is ranked higher than
66% of the 139 Companies
in the Global Insurance - Life industry.

( Industry Median: 23.57 vs. IHC: -8.75 )
IHC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -14.5   Max: 74.2
Current: -8.75

-14.5
74.2

Business Description

Industry: Insurance - Life » Insurance - Life
Compare:LFC, PIAIF, AAGIY, CNPAY, CHPXF » details
Independence Holding Company is a Delaware corporation formed in 1980. It is an insurance holding company mainly engaged in the life and health insurance business. The Company provides specialized life and health coverage and related services to commercial customers and individuals. It focuses on niche products and/or narrowly defined distribution channels in the United States. The Company's wholly owned insurance company subsidiaries; Standard Security Life Insurance Company of New York (Standard Security Life) and Madison National Life Insurance Company, Inc. (Madison National Life) market their products through independent and affiliated brokers, producers and agents. Independence American also distributes through these sources as well as to consumers through a dedicated controlled distribution. It provides Medical excess (or stop-loss); Multiple fully insured health lines; Group disability and life; and Individual life, mainly through block acquisitions. The Company is a writer nationally of excess or stop-loss insurance for self-insured employer groups that desire to manage the risk of large medical claims (Employer Medical Stop-Loss). Major Medical is fully insured major medical coverage that is mainly designed to work with health reimbursement accounts (HRA) and health savings accounts (HSA) which are implemented by employers that wish to provide this benefit as part of an employee welfare benefit plan. These plans are offered mainly as preferred provider organizations (PPO) plans, and provide a variety of cost-sharing options, including deductibles, coinsurance and co-payment. The Company sells group long-term disability (LTD) products to employers that wish to provide this benefit to their employees. Depending on an employer's requirements, LTD policies cover between 40% and 90% of insurable salary; have elimination periods (i.e., the period between the commencement of the disability and the start of benefit payments) of between 30 and 730 days; and terminate after two, five or ten years, or extend to age 65 or the employee's Social Security normal retirement date. Madison National Life and Standard Security Life sell group term life products, including group term life, accidental death and dismemberment (AD&D), supplemental life and supplemental AD&D and dependent life. Individual Life, Annuities and Other) insurance products that are in runoff as a result of the Insurance Group's decision to discontinue writing such products; blocks of business that were acquired from other insurance companies; individual life and annuities written through Madison National Life's military and civilian government employee division; blanket accident insurance sold through a specialized general agent; and certain miscellaneous insurance products. It competes with many large insurance companies, small regional health insurers and managed care organizations. As an insurance holding company it is subject to regulation and supervision by mult
» More Articles for IHC

Headlines

Articles On GuruFocus.com
Independence Holding Company Reports Operating Results (10-Q) May 17 2010 
Independence Holding Company Reports Operating Results (10-Q) Nov 09 2009 

More From Other Websites
INDEPENDENCE HOLDING CO Financials Aug 19 2014
INDEPENDENCE HOLDING CO Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Aug 08 2014
INDEPENDENCE HOLDING CO Files SEC form 10-Q, Quarterly Report Aug 08 2014
Independence Holding Company Announces 2014 Second-Quarter and Six-Month Results Aug 07 2014
American Independence Corp. Announces 2014 Second-Quarter and Six-Month Results Aug 07 2014
John M. Matovina, the CEO and President of American Equity Investment Life Holding Company (AEL),... Jun 24 2014
INDEPENDENCE HOLDING CO Files SEC form 8-K, Submission of Matters to a Vote of Security Holders May 16 2014
INDEPENDENCE HOLDING CO Files SEC form 8-K, Regulation FD Disclosure May 15 2014
INDEPENDENCE HOLDING CO Files SEC form 8-K, Results of Operations and Financial Condition, Financial... May 09 2014
INDEPENDENCE HOLDING CO Files SEC form 10-Q, Quarterly Report May 09 2014
Independence Holding: Prime Beneficiary Of The Self-Insurance Trend May 06 2014
Insurance Entrepreneur Jeff Smedsrud to Lead HealthCare.com Mar 20 2014
INDEPENDENCE HOLDING CO Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Mar 14 2014
Independence Holding Company Announces 2013 Fourth-Quarter and Annual Results Mar 13 2014
Independence Holding Company Announces Semi-Annual Cash Dividend Dec 27 2013
A.M. Best Affirms Ratings of Independence Holding Company and Its Subsidiaries Nov 19 2013
INDEPENDENCE HOLDING CO Files SEC form 10-Q, Quarterly Report Nov 07 2013
Independence Holding Company Announces 2013 Third-Quarter and Nine-Month Results Nov 06 2013
INDEPENDENCE HOLDING CO Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Nov 06 2013
INDEPENDENCE HOLDING CO Files SEC form 8-K, Other Events Oct 04 2013

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK