Independence Holding Co (Independence Holding Co) Debt-to-Equity : 0.00 (As of Sep. 2021)

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What is Independence Holding Co Debt-to-Equity?

Independence Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.0 Mil. Independence Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.0 Mil. Independence Holding Co's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $564.6 Mil. Independence Holding Co's debt to equity for the quarter that ended in Sep. 2021 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Independence Holding Co's Debt-to-Equity or its related term are showing as below:

IHC's Debt-to-Equity is not ranked ^*
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

Independence Holding Co Debt-to-Equity Historical Data

The historical data trend for Independence Holding Co's Debt-to-Equity 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 Debt-to-Equity Chart

Independence Holding Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.02

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
Debt-to-Equity	Get a 7-Day Free Trial															-	0.02	-	-	-

Competitive Comparison of Independence Holding Co's Debt-to-Equity

For the Insurance - Life subindustry, Independence Holding Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Independence Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Independence Holding Co's Debt-to-Equity falls into.

Independence Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Independence Holding Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	9.992)	/	469.764
	=	0.02

Independence Holding Co's Debt to Equity Ratio for the quarter that ended in Sep. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	564.553
	=	0.00

Independence Holding Co (NYSE:IHC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Independence Holding Co Debt-to-Equity Related Terms

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Independence Holding Co (Independence Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Independence Holding Co (NYSE:IHC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Cummings Point Road, Stamford, CT, USA, 06902

Website

http://www.ihcgroup.com

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