Independence Holding Company (IHC) financial statements (2022 and earlier)

Company profile

Business Address 96 CUMMINGS POINT RD
STAMFORD, CT 06902
State of Incorp. DE
Fiscal Year End December 31
SIC 6311 - Life Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   27
Cash and cash equivalents   26
Short-term investments   1
Total current assets:   27
Noncurrent Assets
Long-term investments and receivables   12
Long-term investments   12
Intangible assets, net (including goodwill)   64
Goodwill   51
Intangible assets, net (excluding goodwill)   13
Total noncurrent assets:   76
Other undisclosed assets   934
TOTAL ASSETS:   1,038
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities   584
Total liabilities:   584
Temporary equity, carrying amount   2
Stockholders' equity
Stockholders' equity attributable to parent   449
Common stock   19
Treasury stock, value   (66)
Additional paid in capital   124
Accumulated other comprehensive loss   (8)
Retained earnings   380
Stockholders' equity attributable to noncontrolling interest   3
Total stockholders' equity:   451
TOTAL LIABILITIES AND EQUITY:   1,038

Income statement (P&L) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Revenues   351
Premiums earned, net   321
Cost of revenue
(Policyholder Benefits and Claims Incurred, Net)
   (144)
Gross profit:   207
Operating expenses   (169)
Operating income:   38
Income from continuing operations before income taxes:   38
Income tax expense   (8)
Net income:   29
Net loss attributable to noncontrolling interest   (1)
Net income available to common stockholders, diluted:   28

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
Net income:   29
Other comprehensive loss   (3)
Comprehensive income:   26
Comprehensive loss, net of tax, attributable to noncontrolling interest   (1)
Comprehensive income, net of tax, attributable to parent:   25

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: