GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Independence Holding Co (NYSE:IHC) » Definitions » Total Assets

Independence Holding Co (Independence Holding Co) Total Assets : $1,205.6 Mil (As of Sep. 2021)


View and export this data going back to 1982. Start your Free Trial

What is Independence Holding Co Total Assets?

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.


Independence Holding Co Total Assets Historical Data

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.

* Premium members only.

Independence Holding Co Total Assets Chart

Independence Holding Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 1,079.59 1,083.16 1,124.97 1,217.18 1,205.62

Independence Holding Co Total Assets Calculation

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.

Independence Holding Co Total Assets Related Terms

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.


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

Independence Holding Co (Independence Holding Co) Headlines

From GuruFocus

Top 5 1st Quarter Trades of Arnhold LLC

By GuruFocus Research GuruFocus Editor 05-11-2022