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Independence Holding Co (Independence Holding Co) Selling, General, & Admin. Expense : $267.4 Mil (TTM As of Sep. 2021)


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What is Independence Holding Co Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Independence Holding Co's selling, general, & admin. expense for the three months ended in Sep. 2021 was $21.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2021 was $267.4 Mil.


Independence Holding Co Selling, General, & Admin. Expense Historical Data

The historical data trend for Independence Holding Co's Selling, General, & Admin. Expense 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.

* Premium members only.

Independence Holding Co Selling, General, & Admin. Expense Chart

Independence Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.17 157.10 169.03 174.98 205.80

Independence Holding Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.43 162.58 50.42 32.84 21.59

Competitive Comparison of Independence Holding Co's Selling, General, & Admin. Expense

For the Insurance - Life subindustry, Independence Holding Co's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Independence Holding Co's Selling, General, & Admin. Expense Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Independence Holding Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Independence Holding Co's Selling, General, & Admin. Expense falls into.



Independence Holding Co Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $267.4 Mil.

* 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.


Independence Holding Co  (NYSE:IHC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Independence Holding Co Selling, General, & Admin. Expense Related Terms

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Independence Holding Co (Independence Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
96 Cummings Point Road, Stamford, CT, USA, 06902
Independence Holding Co is engaged in the business of life and health insurance. It mainly provides disability and health coverages and related services to commercial and individual customers. The company's principal products include medical stop-loss, fully insured health products, ancillary products, pet insurance and occupational accident and medical health benefits coverages, New York short term disability, group term life, individual life, and annuities. It has business segments that include Specialty Health; Group disability, life, DBL and PFL segment; individual life, annuities and another segment. The company generates maximum revenue from the Specialty Health segment.
Executives
Steven B Lapin director 96 CUMMINGS POINT RD STAMFORD CT 06902
Gary Balzofiore officer: SVP - Specialty Health Ops 485 MADISON AVENUE, NEW YORK NY 10022
Maggi Colleen P. officer: Corporate VP and CFO 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Vincent J. Furfaro director, officer: SVP StrategicCorp. Dev. & CISO 485 MADISON AVE. 14TH FLOOR NEW YORK NY 10022
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Larry Graber director, officer: Sr VP-Life & Annuities 96 CUMMINGS POINT RD STAMFORD CT 06902
James G Tatum director 96 CUMMINGS POINT RD STAMFORD CT 06902
David T Kettig officer: Co-Chief Operating Officer 96 CUMMINGS POINT RD STAMFORD CT 06902
Thung Roy T K director, officer: President and CEO 96 CUMMINGS POINT RD STAMFORD CT 06902
Michael Kemp officer: CUO & SVP C/O STANDARD SECURITY LIFE INSURANCE CO. 485 MADISON AVENUE NEW YORK NY 10022
Geneve Holdings Inc 10 percent owner 96 CUMMINGS POINT RD STAMFORD CT 06902
Teresa A Herbert officer: Sr VP & CFO 96 CUMMINGS POINT RD, STAMFORD CT 06902
Jeffrey C Smedsrud officer: Sr VP&Chief Strategic Officer 8009 34TH AVENUE SOUTH #360 BLOOMINGTON MN 55420
Smh Associates Corp. 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Argent Investors Management Corp 10 percent owner 96 CUMMINGS POINT ROAD STAMFORD CT 06902

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