Infinity Property and Casualty (Infinity Property and Casualty) Cash-to-Debt : 0.32 (As of Mar. 2018)

View and export this data going back to 2003. Start your Free Trial

What is Infinity Property and Casualty Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Infinity Property and Casualty's cash to debt ratio for the quarter that ended in Mar. 2018 was 0.32.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Infinity Property and Casualty couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2018.

The historical rank and industry rank for Infinity Property and Casualty's Cash-to-Debt or its related term are showing as below:

IPCC's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.86
* Ranked among companies with meaningful Cash-to-Debt only.

Infinity Property and Casualty Cash-to-Debt Historical Data

The historical data trend for Infinity Property and Casualty's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Infinity Property and Casualty Cash-to-Debt Chart

Infinity Property and Casualty Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash-to-Debt

Get a 7-Day Free Trial

0.49

0.31

0.23

0.34

0.39

Infinity Property and Casualty Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Cash-to-Debt	Get a 7-Day Free Trial															0.25	0.32	0.37	0.39	0.32

Competitive Comparison of Infinity Property and Casualty's Cash-to-Debt

For the Insurance - Property & Casualty subindustry, Infinity Property and Casualty's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Infinity Property and Casualty's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Infinity Property and Casualty's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Infinity Property and Casualty's Cash-to-Debt falls into.

Infinity Property and Casualty Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Infinity Property and Casualty's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	107.589	/	(0	+	273.809)
	=	0.39

Infinity Property and Casualty's Cash to Debt Ratio for the quarter that ended in Mar. 2018 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	88.793	/	(0	+	273.865)
	=	0.32

Infinity Property and Casualty (NAS:IPCC) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Infinity Property and Casualty Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Infinity Property and Casualty's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Infinity Property and Casualty Corp (NAS:IPCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.infinityauto.com

Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.

Executives

Robert H. Bateman	officer: Executive VP, CFO & Treasurer	ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo	director
E Robert Meaney	director
Angela Brock-kyle	director	3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman	director	C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes	director	P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers	director	605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph	director	301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc	10 percent owner	GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner	10 percent owner
S Craig Lindner	10 percent owner	ONE EAST FOURTH STREET, CINCINNATI OH 45202

Infinity Property and Casualty (Infinity Property and Casualty) Headlines

From GuruFocus

Infinity Property and Casualty Corp. (IPCC) Executive VP, CFO & Treasurer Roger Smith sells 3,995 Shares

By GuruFocus Research GuruFocus Editor • 12-15-2010

Infinity Property and Casualty Corp. (IPCC) Executive VP, CFO & Treasurer Roger Smith sells 6,005 Shares

By GuruFocus Research GuruFocus Editor • 12-17-2010

Preferred Bank Set to Join S&P SmallCap 600

By PRNewswire PRNewswire • 06-30-2018

Infinity Property and Casualty Corp. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-05-2010

Infinity Property and Casualty Corp. Reports Operating Results (10-K)

By gurufocus 10qk • 02-25-2011

Infinity Property And Casualty Corporation Declares Quarterly Dividend

By PRNewswire PRNewswire • 04-27-2018