Independence Holding Financials
Independence Holding is not in a good financial situation at the moment. It has a very high risk of going through financial straits in January.
Independence |
Understanding current and past Independence Holding Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Independence Holding's financial statements are interrelated, with each one affecting the others. For example, an increase in Independence Holding's assets may result in an increase in income on the income statement.
Please note, the presentation of Independence Holding's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Independence Holding's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Independence Holding's management manipulating its earnings.
Independence Holding Stock Summary
Independence Holding competes with Yuexiu Transport, TFI International, Aldel Financial, Atmos Energy, and Barrick Gold. Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company was incorporated in 1980 and is headquartered in Stamford, Connecticut. Independence Holding operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 550 people.Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US4534403070 |
Business Address | 96 Cummings Point |
Sector | Financial Services |
Industry | Insurance—Life |
Benchmark | Dow Jones Industrial |
Website | www.ihcgroup.com |
Phone | 203 348 3103 |
Currency | USD - US Dollar |
Independence Holding Key Financial Ratios
Independence Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Independence Holding's current stock value. Our valuation model uses many indicators to compare Independence Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Independence Holding competition to find correlations between indicators driving Independence Holding's intrinsic value. More Info.Independence Holding is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Independence Holding is roughly 2.72 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Independence Holding's earnings, one of the primary drivers of an investment's value.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Independence Stock
If you are still planning to invest in Independence Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independence Holding's history and understand the potential risks before investing.
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