Independence Holding Financials

Independence Holding Stock Summary

Independence Holding competes with Modine Manufacturing, Tesla, Thor Industries, Encore Wire, and Insteel Industries. 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.

Independence Holding Key Financial Ratios

Generally speaking, Independence Holding's financial ratios allow both analysts and investors to convert raw data from Independence Holding's financial statements into concise, actionable information that can be used to evaluate the performance of Independence Holding over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Independence Holding reports annually and quarterly.

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 related companies. It is currently regarded as number one stock in return on asset category among related companies 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Independence Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Independence Holding's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Independence Holding information on this page should be used as a complementary analysis to other Independence Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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.