United Fire Group Inc (UFCS) - Total Assets
Based on the latest financial reports, United Fire Group Inc (UFCS) holds total assets worth $3.75 Billion USD as of September 2025. 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. Check cash flow reinvestment rate of United Fire Group Inc to assess the company's total reinvestment commitment from operating cash flow.
United Fire Group Inc - Total Assets Trend (1985–2024)
This chart illustrates how United Fire Group Inc's total assets have evolved over time, based on quarterly financial data. Explore United Fire Group Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
United Fire Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
United Fire Group Inc's total assets of $3.75 Billion consist of 18.7% current assets and 81.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.8% |
| Accounts Receivable | $695.81 Million | 20.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.91 Million | 0.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2024)
This chart illustrates how United Fire Group 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. For live market cap, price, and company overview, see market cap of United Fire Group Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: United Fire Group Inc's current assets represent 18.7% of total assets in 2024, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 5.8% of total assets in 2024, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 20.0% of total assets.
United Fire Group Inc Competitors by Total Assets
Key competitors of United Fire Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
QBE Insurance Group Ltd
AU:QBE
|
Australia | AU$49.19 Billion |
|
PICC Property and Casualty Company Limited
F:PJC
|
Germany | €860.50 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.52 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$107.39 Billion |
|
Definity Financial Corp
TO:DFY
|
Canada | CA$13.21 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$62.86 Billion |
United Fire Group 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 | 0.46 | 0.34 | 3.43 |
| Quick Ratio | 1.00 | 0.77 | 3.43 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-936.86 Million | $-1.04 Billion | $338.88 Million |
United Fire Group Inc - Advanced Valuation Insights
This section examines the relationship between United Fire Group 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 | 1.02 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | $3.49 Billion |
| Market Capitalization | $921.83 Million USD |
Valuation Analysis
Below Book Valuation: The market values United Fire Group Inc's assets below their book value (0.26x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: United Fire Group Inc's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for United Fire Group Inc (1985–2024)
The table below shows the annual total assets of United Fire Group Inc from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.49 Billion | +10.95% |
| 2023-12-31 | $3.14 Billion | +9.09% |
| 2022-12-31 | $2.88 Billion | -4.33% |
| 2021-12-31 | $3.01 Billion | -1.86% |
| 2020-12-31 | $3.07 Billion | +1.87% |
| 2019-12-31 | $3.01 Billion | +6.99% |
| 2018-12-31 | $2.82 Billion | -32.67% |
| 2017-12-31 | $4.18 Billion | +3.17% |
| 2016-12-31 | $4.05 Billion | +4.23% |
| 2015-12-31 | $3.89 Billion | +0.87% |
| 2014-12-31 | $3.86 Billion | +3.66% |
| 2013-12-31 | $3.72 Billion | +0.70% |
| 2012-12-31 | $3.69 Billion | +2.09% |
| 2011-12-31 | $3.62 Billion | +20.33% |
| 2010-12-31 | $3.01 Billion | +24.93% |
| 2009-12-31 | $2.41 Billion | +13.31% |
| 2008-12-31 | $2.12 Billion | -23.04% |
| 2007-12-31 | $2.76 Billion | -0.56% |
| 2006-12-31 | $2.78 Billion | +1.99% |
| 2005-12-31 | $2.72 Billion | +5.90% |
| 2004-12-31 | $2.57 Billion | +6.87% |
| 2003-12-31 | $2.41 Billion | +11.38% |
| 2002-12-31 | $2.16 Billion | +197.72% |
| 2001-12-31 | $725.35 Million | -56.67% |
| 2000-12-31 | $1.67 Billion | +14.06% |
| 1999-12-31 | $1.47 Billion | +17.36% |
| 1998-12-31 | $1.25 Billion | +8.00% |
| 1997-12-31 | $1.16 Billion | +12.99% |
| 1996-12-31 | $1.02 Billion | +8.67% |
| 1995-12-31 | $943.11 Million | +13.89% |
| 1994-12-31 | $828.10 Million | +12.97% |
| 1993-12-31 | $733.00 Million | +16.87% |
| 1992-12-31 | $627.20 Million | +22.84% |
| 1991-12-31 | $510.60 Million | +20.51% |
| 1990-12-31 | $423.70 Million | +15.20% |
| 1989-12-31 | $367.80 Million | +17.51% |
| 1988-12-31 | $313.00 Million | +15.24% |
| 1987-12-31 | $271.60 Million | +17.73% |
| 1986-12-31 | $230.70 Million | +32.74% |
| 1985-12-31 | $173.80 Million | -- |
About United Fire Group Inc
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. Its commercial lines include fire and allied lines, other liability, automobile, workers' compensation, fidelity and surety coverage, and other insurance products; and personal lines comprise automobile, and fire and allied lines coverage, includin… Read more