Insurance Carriers: average industry financial ratios
Industry: 63 - Insurance Carriers Measure of center:| Financial ratio | Year | |||||
|---|---|---|---|---|---|---|
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
| Solvency Ratios | ||||||
| Debt ratio | 0.76 | 0.76 | 0.77 | 0.73 | 0.74 | 0.74 |
| Debt-to-equity ratio | 2.99 | 3.14 | 3.22 | 2.50 | 2.80 | 2.77 |
| Interest coverage ratio | 7.18 | 5.67 | 6.45 | 8.61 | 9.37 | 10.00 |
| Liquidity Ratios | ||||||
| Current Ratio | 9.86 | 8.90 | 4.88 | 4.68 | 4.82 | 5.33 |
| Quick Ratio | 1.32 | 1.35 | 1.59 | 1.63 | 1.24 | 1.45 |
| Cash Ratio | 8.86 | 8.90 | 5.04 | 4.37 | 4.82 | 5.09 |
| Profitability Ratios | ||||||
| Profit margin | 6.3% | 5.1% | 5.4% | 7.4% | 7.3% | 8.4% |
| ROE (Return on equity), after tax | 28.8% | 6.3% | 6.3% | 8% | 8.7% | 9% |
| ROA (Return on assets) | 4.7% | 0.8% | 1.2% | 1.8% | 2% | 2.1% |
| Gross margin | 41% | 41.8% | 40% | 43.1% | 45.3% | 38.5% |
| Operating margin (Return on sales) | 8.8% | 7.9% | 7.9% | 11.2% | 11.9% | 14.3% |
| Activity Ratios | ||||||
| Asset turnover (days) | 384 | 1639 | 1531 | 1524 | 1643 | 1679 |
| Receivables turnover (days) | 3 | 7 | 6 | 3 | 3 | 17 |
| Inventory turnover (days) | 8 | 29 | 26 | 27 | 23 | 22 |
| Price Ratios | ||||||
| Dividend Payout Ratio | 0.14 | 0.31 | 0.23 | 0.26 | 0.18 | 0.20 |