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Independence Holding Co's Total Assets for the quarter that ended in Sep. 2021 was $1,205.6 Mil.
Total Assets is connected with ROA %. Independence Holding Co's annualized ROA % for the quarter that ended in Sep. 2021 was 5.73%. Total Assets is also linked to Revenue through Asset Turnover. Independence Holding Co's Asset Turnover for the quarter that ended in Sep. 2021 was 0.01.
The historical data trend for Independence Holding Co's Total Assets 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.
Independence Holding Co Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 1,134.46 | 1,040.62 | 1,037.52 | 1,054.30 | 1,083.16 |
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 | |
Total Assets | Get a 7-Day Free Trial | 1,079.59 | 1,083.16 | 1,124.97 | 1,217.18 | 1,205.62 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Independence Holding Co's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as
Total Assets | = | Total Equity (A: Dec. 2020 ) | + | Total Liabilities (A: Dec. 2020 ) |
= | 469.806 | + | 613.35 | |
= | 1,083.2 |
Independence Holding Co's Total Assets for the quarter that ended in Sep. 2021 is calculated as
Total Assets | = | Total Equity (Q: Sep. 2021 ) | + | Total Liabilities (Q: Sep. 2021 ) |
= | 564.55 | + | 641.07 | |
= | 1,205.6 |
* 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) Total Assets Explanation
Total Assets is connected with ROA %.
Independence Holding Co's annualized ROA % for the quarter that ended in Sep. 2021 is
ROA % | = | Net Income (Q: Sep. 2021 ) | / | ( (Total Assets (Q: Jun. 2021 ) | + | Total Assets (Q: Sep. 2021 )) | / count ) |
= | 69.436 | / | ( (1217.176 | + | 1205.62) | / 2 ) | |
= | 69.436 | / | 1211.398 | ||||
= | 5.73 % |
Note: The Net Income data used here is four times the quarterly (Sep. 2021) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Independence Holding Co's Asset Turnover for the quarter that ended in Sep. 2021 is
Asset Turnover | ||||||
= | Revenue (Q: Sep. 2021 ) | / | ( (Total Assets (Q: Jun. 2021 ) | + | Total Assets (Q: Sep. 2021 )) | / count ) |
= | 6.513 | / | ( (1217.176 | + | 1205.62) | / 2 ) |
= | 6.513 | / | 1211.398 | |||
= | 0.01 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Independence Holding Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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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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