PKIN (Pekin Life Insurance Co) Liabilities-to-Assets : 0.85 (As of Dec. 2006)

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PKIN Pekin Life Insurance Co PKIN
34 GF Score
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What is Pekin Life Insurance Co Liabilities-to-Assets?

Pekin Life Insurance Co PKIN 34 Liabilities-to-Assets is 0.85 as of Dec. 2006. GuruFocus rates PKIN with a GF Score™ of 34/100.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Pekin Life Insurance Co's Total Liabilities for the quarter that ended in Dec. 2006 was $675.0 Mil. Pekin Life Insurance Co's Total Assets for the quarter that ended in Dec. 2006 was $794.3 Mil. Therefore, Pekin Life Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2006 was 0.85.


Pekin Life Insurance Co  (OTCPK:PKIN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Pekin Life Insurance Co Liabilities-to-Assets Related Terms


Pekin Life Insurance Co Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Pekin Life Insurance Co's Liabilities-to-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.

Pekin Life Insurance Co Liabilities-to-Assets Chart

Pekin Life Insurance Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Liabilities-to-Assets
0.86 0.86 0.86 0.86 0.85

Pekin Life Insurance Co Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
Liabilities-to-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 0.86 0.85 0.85 0.85 0.85

PKIN vs VERY, CIA, UTGN: Liabilities-to-Assets Comparison

For the Insurance - Life subindustry, Pekin Life Insurance Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Pekin Life Insurance Co Liabilities-to-Assets vs Insurance Industry

For the Insurance industry and Financial Services sector, Pekin Life Insurance Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Pekin Life Insurance Co's Liabilities-to-Assets falls into.


PKIN
34GF Score
Pekin Life Insurance Co PKIN
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pekin Life Insurance Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Pekin Life Insurance Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2006 is calculated as:

Liabilities-to-Assets (A: Dec. 2006 )=Total Liabilities/Total Assets
=674.978/794.256
=0.85

Pekin Life Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2006 is calculated as

Liabilities-to-Assets (Q: Dec. 2006 )=Total Liabilities/Total Assets
=674.978/794.256
=0.85

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.85 mean?
Pekin Life Insurance Co (PKIN) has a Liabilities-to-Assets of 0.85 as of Dec. 2006. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pekin Life Insurance Co and its competitors.
Is Pekin Life Insurance Co's Liabilities-to-Assets too high?
Pekin Life Insurance Co's current Liabilities-to-Assets is 0.85. Overall, Pekin Life Insurance Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Pekin Life Insurance Co's Liabilities-to-Assets compare to VERY and CIA?
Pekin Life Insurance Co's Liabilities-to-Assets of 0.85 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Insurance company?
A good Liabilities-to-Assets depends on the Insurance industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Pekin Life Insurance Co and its competitors. Pekin Life Insurance Co's current Liabilities-to-Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pekin Life Insurance Co stock overvalued right now?
Pekin Life Insurance Co (PKIN) has a current Liabilities-to-Assets of 0.85. The current Liabilities-to-Assets is 0.85. Pekin Life Insurance Co's overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Pekin Life Insurance Co (PKIN), the current Liabilities-to-Assets is 0.85 as of Dec. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pekin Life Insurance Co Business Description

Address 2505 Court Street, Pekin, IL, USA, 61558-0001
Pekin Life Insurance Co is an insurance company. It offers life insurance, accident insurance, health insurance, auto insurance, home insurance, and business insurance to individuals and businesses across the country. The company also offers group life, dental, and short-term disability as well as voluntary products. It sells its insurance products through independent agents.
34GF Score

Get the complete analysis for PKIN

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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