Pekin Life Insurance Co
Pekin Life Insurance Company operates as a life and accident, and health insurance company in the United States. The company offers auto and home insurance products; pre-need life insurance; life insurance products, annuities, and funeral preplanning products; health insurance products; and business insurance products, including business auto, business property, general liability, and workers com… Read more
Pekin Life Insurance Co - Asset Resilience Ratio
Pekin Life Insurance Co (PKIN) has an Asset Resilience Ratio of 0.44% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2010–2023)
This chart shows how Pekin Life Insurance Co's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Pekin Life Insurance Co's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $7.34 Million | 0.44% |
| Total Liquid Assets | $7.34 Million | 0.44% |
Asset Resilience Insights
- Limited Liquidity: Pekin Life Insurance Co maintains only 0.44% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Pekin Life Insurance Co Industry Peers by Asset Resilience Ratio
Compare Pekin Life Insurance Co's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627 |
Insurance - Life | 0.78% |
|
COFCO Capital Holdings Co Ltd
SHE:002423 |
Insurance - Life | 17.56% |
|
Samsung Life
KO:032830 |
Insurance - Life | 56.65% |
|
Tongyang Life
KO:082640 |
Insurance - Life | 64.40% |
|
Mirae Asset Life Insurance Co Ltd
KO:085620 |
Insurance - Life | 37.10% |
|
Hanwha Life
KO:088350 |
Insurance - Life | 69.64% |
|
Manulife Holdings Bhd
KLSE:1058 |
Insurance - Life | 48.30% |
|
Mercuries Life Insurance Co Ltd
TW:2867 |
Insurance - Life | 0.73% |
Annual Asset Resilience Ratio for Pekin Life Insurance Co (2010–2023)
The table below shows the annual Asset Resilience Ratio data for Pekin Life Insurance Co.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.44% | $7.34 Million | $1.67 Billion | +0.15pp |
| 2022-12-31 | 0.29% | $4.80 Million | $1.63 Billion | -0.65pp |
| 2021-12-31 | 0.95% | $15.44 Million | $1.63 Billion | +0.03pp |
| 2020-12-31 | 0.92% | $14.49 Million | $1.58 Billion | +0.17pp |
| 2019-12-31 | 0.74% | $11.55 Million | $1.55 Billion | +0.51pp |
| 2018-12-31 | 0.23% | $3.54 Million | $1.51 Billion | +0.06pp |
| 2017-12-31 | 0.17% | $2.53 Million | $1.48 Billion | -0.62pp |
| 2016-12-31 | 0.79% | $11.61 Million | $1.46 Billion | +0.69pp |
| 2015-12-31 | 0.10% | $1.41 Million | $1.39 Billion | -6.29pp |
| 2013-12-31 | 6.39% | $83.20 Million | $1.30 Billion | +1.64pp |
| 2012-12-31 | 4.75% | $57.41 Million | $1.21 Billion | +1.09pp |
| 2011-12-31 | 3.65% | $41.08 Million | $1.12 Billion | -4.70pp |
| 2010-12-31 | 8.35% | $91.55 Million | $1.10 Billion | -- |