United Fire Group Inc (UFCS) — Net Asset Quality Index
United Fire Group Inc (UFCS) has a Net Asset Quality Index of 23.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.75 Billion minus total liabilities of $2.86 Billion yields net assets of $898.71 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check UFCS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
United Fire Group Inc Net Asset Quality Index Over Time (1985–2024)
This chart shows how United Fire Group Inc's Net Asset Quality Index has evolved across 40 annual periods from 1985 to 2024. As of September 2025, the index stands at 23.9%, representing net assets of $898.71 Million against total assets of $3.75 Billion USD. See UFCS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for United Fire Group Inc (1985–2024)
The table below presents the year-by-year Net Asset Quality Index for United Fire Group Inc from 1985 to 2024, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see United Fire Group Inc market cap and net worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 22.4% | $781.53 Million | $3.49 Billion | $2.71 Billion | ▼ -0.9 pp |
| 2023 | 23.3% | $733.75 Million | $3.14 Billion | $2.41 Billion | ▼ -2.3 pp |
| 2022 | 25.7% | $740.11 Million | $2.88 Billion | $2.14 Billion | ▼ -71.8 pp |
| 2021 | 97.5% | $2.94 Billion | $3.01 Billion | $76.75 Million | ▼ -0.1 pp |
| 2020 | 97.6% | $2.99 Billion | $3.07 Billion | $74.93 Million | ▲ +67.3 pp |
| 2019 | 30.2% | $910.47 Million | $3.01 Billion | $2.10 Billion | ▼ -1.3 pp |
| 2018 | 31.5% | $888.38 Million | $2.82 Billion | $1.93 Billion | ▲ +8.3 pp |
| 2017 | 23.3% | $973.37 Million | $4.18 Billion | $3.21 Billion | ▲ +0.0 pp |
| 2016 | 23.2% | $941.88 Million | $4.05 Billion | $3.11 Billion | ▲ +0.6 pp |
| 2015 | 22.6% | $878.90 Million | $3.89 Billion | $3.01 Billion | ▲ +1.4 pp |
| 2014 | 21.2% | $817.41 Million | $3.86 Billion | $3.04 Billion | ▲ +0.2 pp |
| 2013 | 21.0% | $782.83 Million | $3.72 Billion | $2.94 Billion | ▲ +1.3 pp |
| 2012 | 19.7% | $729.18 Million | $3.69 Billion | $2.97 Billion | ▲ +0.5 pp |
| 2011 | 19.2% | $696.14 Million | $3.62 Billion | $2.92 Billion | ▼ -4.6 pp |
| 2010 | 23.8% | $716.42 Million | $3.01 Billion | $2.29 Billion | ▲ +19.9 pp |
| 2009 | 4.0% | $95.45 Million | $2.41 Billion | $2.31 Billion | ▲ +3.6 pp |
| 2008 | 0.3% | $6.90 Million | $2.12 Billion | $2.12 Billion | ▼ -26.9 pp |
| 2007 | 27.2% | $751.50 Million | $2.76 Billion | $2.01 Billion | ▲ +2.7 pp |
| 2006 | 24.5% | $680.81 Million | $2.78 Billion | $2.10 Billion | ▲ +6.1 pp |
| 2005 | 18.4% | $500.21 Million | $2.72 Billion | $2.22 Billion | ▼ -1.8 pp |
| 2004 | 20.2% | $518.00 Million | $2.57 Billion | $2.05 Billion | ▲ +1.9 pp |
| 2003 | 18.3% | $439.38 Million | $2.41 Billion | $1.97 Billion | ▲ +1.8 pp |
| 2002 | 16.5% | $355.55 Million | $2.16 Billion | $1.80 Billion | ▲ +133.3 pp |
| 2001 | -116.8% | $-847.50 Million | $725.35 Million | $1.57 Billion | ▼ -132.9 pp |
| 2000 | 16.1% | $269.04 Million | $1.67 Billion | $1.41 Billion | ▼ -0.1 pp |
| 1999 | 16.2% | $237.79 Million | $1.47 Billion | $1.23 Billion | ▼ -4.3 pp |
| 1998 | 20.5% | $256.28 Million | $1.25 Billion | $994.31 Million | ▼ -3.4 pp |
| 1997 | 23.9% | $277.21 Million | $1.16 Billion | $880.71 Million | ▲ +1.7 pp |
| 1996 | 22.2% | $227.86 Million | $1.02 Billion | $796.98 Million | ▲ +0.1 pp |
| 1995 | 22.1% | $208.75 Million | $943.11 Million | $734.35 Million | ▲ +1.5 pp |
| 1994 | 20.6% | $170.70 Million | $828.10 Million | $657.40 Million | ▼ -0.5 pp |
| 1993 | 21.1% | $154.60 Million | $733.00 Million | $578.40 Million | ▼ -1.1 pp |
| 1992 | 22.2% | $139.40 Million | $627.20 Million | $487.80 Million | ▼ -4.6 pp |
| 1991 | 26.8% | $137.00 Million | $510.60 Million | $373.60 Million | ▼ -0.9 pp |
| 1990 | 27.7% | $117.40 Million | $423.70 Million | $306.30 Million | ▼ -0.6 pp |
| 1989 | 28.3% | $104.00 Million | $367.80 Million | $263.80 Million | ▼ -0.9 pp |
| 1988 | 29.2% | $91.40 Million | $313.00 Million | $221.60 Million | ▲ +1.1 pp |
| 1987 | 28.1% | $76.30 Million | $271.60 Million | $195.30 Million | ▲ +0.7 pp |
| 1986 | 27.4% | $63.10 Million | $230.70 Million | $167.60 Million | ▲ +5.4 pp |
| 1985 | 21.9% | $38.10 Million | $173.80 Million | $135.70 Million | — |