ICC Holdings Inc
ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. It offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. The company markets its products through independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Michigan… Read more
ICC Holdings Inc (ICCH) - Total Assets
Latest total assets as of December 2024: $235.36 Million USD
Based on the latest financial reports, ICC Holdings Inc (ICCH) holds total assets worth $235.36 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ICC Holdings Inc - Total Assets Trend (2014–2023)
This chart illustrates how ICC Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ICC Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
ICC Holdings Inc's total assets of $235.36 Million consist of 0.7% current assets and 99.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $50.08 Million | 23.7% |
| Inventory | $-162.52 Million | -77.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $8.55 Million | 4.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2023)
This chart illustrates how ICC Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ICC Holdings Inc's current assets represent 0.7% of total assets in 2023, a decrease from 12.9% in 2014.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2023, down from 0.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 23.7% of total assets.
ICC Holdings Inc Competitors by Total Assets
Key competitors of ICC Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Syarikat Takaful Malaysia Bhd
KLSE:6139
|
Malaysia | RM17.81 Billion |
|
ACMAT Corporation
PINK:ACMT
|
USA | $50.58 Million |
|
Enact Holdings Inc
NASDAQ:ACT
|
USA | $6.89 Billion |
|
Assured Guaranty Ltd
NYSE:AGO
|
USA | $12.10 Billion |
|
Ambac Financial Group Inc
NYSE:AMBC
|
USA | $2.15 Billion |
|
AMERISAFE Inc
NASDAQ:AMSF
|
USA | $222.87 Million |
|
AXIS Capital Holdings Ltd
NYSE:AXS
|
USA | $32.32 Billion |
|
Beazley plc
PINK:BZLYF
|
USA | $16.22 Billion |
ICC Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - ICC Holdings Inc generates 0.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, ICC Holdings Inc generates $ 2.02 in net profit.
ICC Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 149.76 | 0.66 | 92.40 |
| Quick Ratio | 149.76 | 3.31 | 92.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $56.94 Million | $ -23.32 Million | $ 126.24 Billion |
ICC Holdings Inc - Advanced Valuation Insights
This section examines the relationship between ICC Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.97 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 9.7% |
| Total Assets | $211.02 Million |
| Market Capitalization | $40.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values ICC Holdings Inc's assets below their book value (0.19 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: ICC Holdings Inc's assets grew by 9.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for ICC Holdings Inc (2014–2023)
The table below shows the annual total assets of ICC Holdings Inc from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $211.02 Million | +9.75% |
| 2022-12-31 | $192.27 Million | -3.94% |
| 2021-12-31 | $200.15 Million | +8.81% |
| 2020-12-31 | $183.94 Million | +12.87% |
| 2019-12-31 | $162.96 Million | +8.44% |
| 2018-12-31 | $150.28 Million | -1.35% |
| 2017-12-31 | $152.34 Million | +24.70% |
| 2016-12-31 | $122.16 Million | -0.98% |
| 2015-12-31 | $123.37 Million | -0.04% |
| 2014-12-31 | $123.43 Million | -- |