Insurance Carriers: average industry financial ratios
Industry: 63 - Insurance Carriers Measure of center:| Financial ratio | Year | |||||
|---|---|---|---|---|---|---|
| 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
| Solvency Ratios | ||||||
| Debt ratio | 0.76 | 0.77 | 0.73 | 0.74 | 0.75 | 0.77 |
| Debt-to-equity ratio | 3.16 | 3.22 | 2.47 | 2.77 | 2.79 | 3.19 |
| Interest coverage ratio | 5.60 | 6.09 | 8.46 | 9.31 | 9.98 | 9.60 |
| Liquidity Ratios | ||||||
| Current Ratio | 0.14 | 0.07 | 0.56 | 0.92 | 0.56 | 0.27 |
| Quick Ratio | 0.93 | 0.84 | 1.07 | 1.00 | 0.63 | 0.98 |
| Cash Ratio | 0.11 | 0.06 | 0.27 | 0.40 | 0.11 | 0.13 |
| Profitability Ratios | ||||||
| Profit margin | 5.3% | 5.4% | 7.3% | 7.1% | 9% | 8.7% |
| ROE (Return on equity), after tax | 6.6% | 6.3% | 8.2% | 8.7% | 9.4% | 9.6% |
| ROA (Return on assets) | 0.8% | 1.2% | 1.8% | 1.9% | 2.2% | 2.1% |
| Gross margin | 44.6% | 44.7% | 45.4% | 49.3% | 69.4% | 69.9% |
| Operating margin (Return on sales) | 7.7% | 7.9% | 11.1% | 11.7% | 14.2% | 13.9% |
| Activity Ratios | ||||||
| Asset turnover (days) | 1626 | 1531 | 1524 | 1621 | 1696 | 1579 |
| Receivables turnover (days) | 8 | 7 | 3 | 5 | 5 | 5 |
| Inventory turnover (days) | 0 | 0 | 0 | 0 | 0 | 0 |
| Price Ratios | ||||||
| Dividend Payout Ratio | 0.30 | 0.22 | 0.28 | 0.23 | 0.17 | 0.16 |