United Fire Group Inc (UFCS) — Tangible Net Worth Ratio
United Fire Group Inc (UFCS) has a Tangible Net Worth Ratio of 99.6% as of September 2025. This metric is calculated by deducting intangible assets ($3.37 Million) from net assets ($898.71 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See United Fire Group Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
United Fire Group Inc Tangible Net Worth Ratio (1985–2024)
This chart shows how United Fire Group Inc's Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 99.6%, reflecting net assets of $898.71 Million with intangible assets of $3.37 Million USD. See United Fire Group Inc (UFCS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for United Fire Group Inc (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for United Fire Group Inc from 1985 to 2024, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of United Fire Group Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.5% | $781.53 Million | $3.91 Million | $3.49 Billion | ▲ +0.1 pp |
| 2023 | 99.4% | $733.75 Million | $4.62 Million | $3.14 Billion | ▲ +0.1 pp |
| 2022 | 99.3% | $740.11 Million | $5.32 Million | $2.88 Billion | ▼ -0.5 pp |
| 2021 | 99.8% | $2.94 Billion | $6.03 Million | $3.01 Billion | ▲ +0.0 pp |
| 2020 | 99.8% | $2.99 Billion | $6.74 Million | $3.07 Billion | ▲ +0.6 pp |
| 2019 | 99.2% | $910.47 Million | $7.45 Million | $3.01 Billion | ▲ +0.1 pp |
| 2018 | 99.1% | $888.38 Million | $8.16 Million | $2.82 Billion | ▼ 0.0 pp |
| 2017 | 99.1% | $973.37 Million | $8.88 Million | $4.18 Billion | ▲ +0.1 pp |
| 2016 | 99.0% | $941.88 Million | $9.65 Million | $4.05 Billion | ▲ +0.2 pp |
| 2015 | 98.8% | $878.90 Million | $10.42 Million | $3.89 Billion | ▲ +0.2 pp |
| 2014 | 98.6% | $817.41 Million | $11.19 Million | $3.86 Billion | ▲ +0.2 pp |
| 2013 | 98.5% | $782.83 Million | $11.96 Million | $3.72 Billion | ▲ +0.3 pp |
| 2012 | 98.2% | $729.18 Million | $13.17 Million | $3.69 Billion | ▲ +2.6 pp |
| 2011 | 95.6% | $696.14 Million | $30.80 Million | $3.62 Billion | ▼ -4.4 pp |
| 2010 | 100.0% | $716.42 Million | $0.00 | $3.01 Billion | ▲ +0.0 pp |
| 2009 | 100.0% | $95.45 Million | $0.00 | $2.41 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | $6.90 Million | $0.00 | $2.12 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $751.50 Million | $0.00 | $2.76 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $680.81 Million | $0.00 | $2.78 Billion | ▲ +0.1 pp |
| 2005 | 99.9% | $500.21 Million | $600.00K | $2.72 Billion | ▲ +0.0 pp |
| 2004 | 99.8% | $518.00 Million | $790.00K | $2.57 Billion | ▲ +0.2 pp |
| 2003 | 99.7% | $439.38 Million | $1.36 Million | $2.41 Billion | ▲ +0.3 pp |
| 2002 | 99.4% | $355.55 Million | $2.16 Million | $2.16 Billion | ▲ +1.8 pp |
| 2000 | 97.6% | $269.04 Million | $6.46 Million | $1.67 Billion | ▲ +1.0 pp |
| 1999 | 96.6% | $237.79 Million | $8.04 Million | $1.47 Billion | ▼ -3.1 pp |
| 1998 | 99.7% | $256.28 Million | $817.00K | $1.25 Billion | ▲ +0.1 pp |
| 1997 | 99.6% | $277.21 Million | $1.08 Million | $1.16 Billion | ▲ +0.2 pp |
| 1996 | 99.4% | $227.86 Million | $1.33 Million | $1.02 Billion | ▲ +0.2 pp |
| 1995 | 99.2% | $208.75 Million | $1.59 Million | $943.11 Million | ▲ +0.4 pp |
| 1994 | 98.9% | $170.70 Million | $1.90 Million | $828.10 Million | ▲ +0.4 pp |
| 1993 | 98.5% | $154.60 Million | $2.30 Million | $733.00 Million | ▲ +0.7 pp |
| 1992 | 97.8% | $139.40 Million | $3.10 Million | $627.20 Million | ▲ +0.1 pp |
| 1991 | 97.7% | $137.00 Million | $3.20 Million | $510.60 Million | ▲ +0.9 pp |
| 1990 | 96.8% | $117.40 Million | $3.80 Million | $423.70 Million | ▼ -3.2 pp |
| 1989 | 100.0% | $104.00 Million | $0.00 | $367.80 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $91.40 Million | $0.00 | $313.00 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $76.30 Million | $0.00 | $271.60 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $63.10 Million | $0.00 | $230.70 Million | ▲ +0.0 pp |
| 1985 | 100.0% | $38.10 Million | $0.00 | $173.80 Million | — |