Unico American Corporation
Unico American Corporation, an insurance holding company, underwrites property and casualty insurance in Arizona, California, Nevada, Oregon, and Washington. The company offers property, casualty, health, and life insurance products, as well as insurance premium financing and membership association services. Its commercial property coverage insures against loss or damage to buildings, inventory, … Read more
Unico American Corporation (UNAM) - Net Assets
Latest net assets as of December 2022: $17.91 Million USD
Based on the latest financial reports, Unico American Corporation (UNAM) has net assets worth $17.91 Million USD as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($88.21 Million) and total liabilities ($70.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.91 Million |
| % of Total Assets | 20.31% |
| Annual Growth Rate | 6.71% |
| 5-Year Change | -50.5% |
| 10-Year Change | -60.96% |
| Growth Volatility | 94.27 |
Unico American Corporation - Net Assets Trend (1985–2022)
This chart illustrates how Unico American Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Unico American Corporation (1985–2022)
The table below shows the annual net assets of Unico American Corporation from 1985 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $27.68 Million | 0.00% |
| 2021-12-31 | $27.68 Million | -20.99% |
| 2020-12-31 | $35.03 Million | -36.40% |
| 2019-12-31 | $55.08 Million | -1.49% |
| 2018-12-31 | $55.92 Million | -6.72% |
| 2017-12-31 | $59.95 Million | -13.00% |
| 2016-12-31 | $68.91 Million | -2.04% |
| 2015-12-31 | $70.34 Million | -2.00% |
| 2014-12-31 | $71.78 Million | +1.24% |
| 2013-12-31 | $70.90 Million | +0.71% |
| 2012-12-31 | $70.40 Million | -7.19% |
| 2011-12-31 | $75.85 Million | +3.40% |
| 2010-12-31 | $73.35 Million | +0.05% |
| 2009-12-31 | $73.32 Million | -4.73% |
| 2008-12-31 | $76.96 Million | +10.15% |
| 2007-12-31 | $69.86 Million | +14.77% |
| 2006-12-31 | $60.87 Million | +25.78% |
| 2005-12-31 | $48.39 Million | +14.07% |
| 2004-12-31 | $42.43 Million | +10.28% |
| 2003-12-31 | $38.47 Million | +0.16% |
| 2002-12-31 | $38.41 Million | -5.44% |
| 2001-12-31 | $40.62 Million | -20.99% |
| 2000-12-31 | $51.41 Million | -6.25% |
| 1999-12-31 | $54.84 Million | +1.24% |
| 1998-12-31 | $54.17 Million | +20.26% |
| 1997-12-31 | $45.04 Million | -56.57% |
| 1996-12-31 | $103.70 Million | +220.19% |
| 1995-12-31 | $32.39 Million | -60.98% |
| 1994-12-31 | $83.00 Million | +15.28% |
| 1993-12-31 | $72.00 Million | +28.34% |
| 1992-12-31 | $56.10 Million | -3.28% |
| 1990-12-31 | $58.00 Million | +4.13% |
| 1989-12-31 | $55.70 Million | +505.43% |
| 1988-12-31 | $9.20 Million | 0.00% |
| 1987-12-31 | $9.20 Million | +53.33% |
| 1986-12-31 | $6.00 Million | +140.00% |
| 1985-12-31 | $2.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unico American Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 992.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.95 Million | 82.92% |
| Common Stock | $3.78 Million | 13.67% |
| Other Comprehensive Income | $944.05K | 3.41% |
| Total Equity | $27.68 Million | 100.00% |
Unico American Corporation Competitors by Market Cap
The table below lists competitors of Unico American Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DT REAL ESTATE - Dusseldorf Stock Exchang
DU:DRE2
|
$123.78K |
|
Locasystem International SA
PA:MLLOI
|
$123.89K |
|
Global Hemp Group Inc
PINK:GBHPF
|
$123.89K |
|
ATLANTA ELECTRICALS LTD
NSE:ATLANTAELE
|
$123.95K |
|
BankInvest Value Globale Aktier A
CO:BAIVGAA
|
$123.59K |
|
FUSION FUEL GREEN CL.A
F:60P
|
$123.56K |
|
Tiger Oil And Energy
PINK:TGRO
|
$123.48K |
|
RTX (RTE.SG)
STU:RTE
|
$123.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unico American Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 27,677,900 to 27,677,900, a change of 0 (0.0%).
- Net loss of 5,673,251 reduced equity.
- Share repurchases of 101 reduced equity.
- Other comprehensive income increased equity by 944,050.
- Other factors increased equity by 4,729,302.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.67 Million | -20.5% |
| Share Repurchases | $101.00 | -0.0% |
| Other Comprehensive Income | $944.05K | +3.41% |
| Other Changes | $4.73 Million | +17.09% |
| Total Change | $- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Unico American Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.50 | $0.05 | x |
| 1986-12-31 | $1.03 | $0.05 | x |
| 1987-12-31 | $1.44 | $0.05 | x |
| 1988-12-31 | $1.92 | $0.05 | x |
| 1989-12-31 | $2.92 | $0.05 | x |
| 1990-12-31 | $3.77 | $0.05 | x |
| 1991-12-31 | $4.55 | $0.05 | x |
| 1992-12-31 | $3.39 | $0.05 | x |
| 1993-12-31 | $3.78 | $0.05 | x |
| 1994-12-31 | $4.33 | $0.05 | x |
| 1996-12-31 | $5.84 | $0.05 | x |
| 1997-12-31 | $7.04 | $0.05 | x |
| 1998-12-31 | $8.44 | $0.05 | x |
| 1999-12-31 | $8.62 | $0.05 | x |
| 2000-12-31 | $8.43 | $0.05 | x |
| 2001-12-31 | $7.38 | $0.05 | x |
| 2002-12-31 | $7.00 | $0.05 | x |
| 2003-12-31 | $6.95 | $0.05 | x |
| 2004-12-31 | $7.60 | $0.05 | x |
| 2005-12-31 | $8.62 | $0.05 | x |
| 2006-12-31 | $10.77 | $0.05 | x |
| 2007-12-31 | $12.30 | $0.05 | x |
| 2008-12-31 | $13.61 | $0.05 | x |
| 2009-12-31 | $13.21 | $0.05 | x |
| 2010-12-31 | $13.71 | $0.05 | x |
| 2011-12-31 | $14.15 | $0.05 | x |
| 2012-12-31 | $13.15 | $0.05 | x |
| 2013-12-31 | $13.27 | $0.05 | x |
| 2014-12-31 | $13.42 | $0.05 | x |
| 2015-12-31 | $13.18 | $0.05 | x |
| 2016-12-31 | $12.98 | $0.05 | x |
| 2017-12-31 | $11.30 | $0.05 | x |
| 2018-12-31 | $10.54 | $0.05 | x |
| 2019-12-31 | $10.38 | $0.05 | x |
| 2020-12-31 | $6.60 | $0.05 | x |
| 2021-12-31 | $5.22 | $0.05 | x |
| 2022-12-31 | $5.22 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unico American Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.59%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 4.58x
- Recent ROE (-20.50%) is below the historical average (5.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 72.00% | 11.11% | 0.58x | 11.16x | $1.55 Million |
| 1986 | 58.33% | 13.01% | 0.73x | 6.12x | $2.90 Million |
| 1987 | 34.78% | 10.00% | 0.68x | 5.12x | $2.28 Million |
| 1989 | 37.65% | 19.30% | 0.54x | 3.62x | $4.48 Million |
| 1990 | 21.74% | 16.42% | 0.46x | 2.89x | $2.43 Million |
| 1991 | 19.76% | 17.67% | 0.46x | 2.42x | $2.47 Million |
| 1992 | -34.52% | -25.95% | 0.43x | 3.08x | $-8.77 Million |
| 1993 | 15.35% | 10.61% | 0.43x | 3.38x | $1.22 Million |
| 1994 | 14.56% | 9.64% | 0.45x | 3.35x | $1.19 Million |
| 1996 | 13.84% | 574.44% | 0.01x | 2.80x | $1.43 Million |
| 1997 | 16.99% | 15.85% | 0.43x | 2.51x | $3.15 Million |
| 1998 | 16.08% | 18.32% | 0.39x | 2.25x | $3.29 Million |
| 1999 | 9.36% | 12.60% | 0.33x | 2.22x | $-352.71K |
| 2000 | 0.86% | 1.15% | 0.31x | 2.41x | $-4.70 Million |
| 2001 | -26.76% | -25.81% | 0.33x | 3.17x | $-14.93 Million |
| 2002 | -8.40% | -7.01% | 0.31x | 3.87x | $-7.07 Million |
| 2003 | 2.78% | 2.09% | 0.32x | 4.20x | $-2.78 Million |
| 2004 | 13.39% | 9.18% | 0.36x | 4.07x | $1.44 Million |
| 2005 | 13.88% | 10.98% | 0.33x | 3.85x | $1.88 Million |
| 2006 | 19.38% | 21.55% | 0.29x | 3.09x | $5.71 Million |
| 2007 | 9.47% | 13.17% | 0.26x | 2.77x | $-372.67K |
| 2008 | 6.86% | 11.30% | 0.25x | 2.40x | $-2.41 Million |
| 2009 | 3.99% | 7.03% | 0.24x | 2.32x | $-4.40 Million |
| 2010 | 3.18% | 6.27% | 0.24x | 2.15x | $-5.01 Million |
| 2011 | 4.93% | 10.82% | 0.23x | 1.98x | $-3.84 Million |
| 2012 | 2.78% | 5.97% | 0.23x | 1.99x | $-5.09 Million |
| 2013 | 0.85% | 1.94% | 0.23x | 1.87x | $-6.49 Million |
| 2014 | 1.18% | 2.78% | 0.22x | 1.90x | $-6.33 Million |
| 2015 | -1.68% | -3.55% | 0.24x | 1.99x | $-8.22 Million |
| 2016 | -2.04% | -3.98% | 0.26x | 2.01x | $-8.29 Million |
| 2017 | -14.56% | -23.71% | 0.28x | 2.17x | $-14.72 Million |
| 2018 | -5.67% | -9.43% | 0.27x | 2.25x | $-8.76 Million |
| 2019 | -5.66% | -9.93% | 0.24x | 2.37x | $-8.62 Million |
| 2020 | -61.35% | -66.00% | 0.25x | 3.77x | $-24.99 Million |
| 2021 | -20.50% | -17.35% | 0.26x | 4.58x | $-8.44 Million |
| 2022 | -20.50% | -15.59% | 0.29x | 4.58x | $-8.44 Million |
Industry Comparison
This section compares Unico American Corporation's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unico American Corporation (UNAM) | $17.91 Million | 72.00% | 3.92x | $123.70K |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $246.71 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.44 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $226.61 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.48 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $52.86 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $152.35 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $684.69 Million |