Pekin Life Insurance Co
Pekin Life Insurance Company operates as a life and accident, and health insurance company in the United States. The company offers auto and home insurance products; pre-need life insurance; life insurance products, annuities, and funeral preplanning products; health insurance products; and business insurance products, including business auto, business property, general liability, and workers com… Read more
Pekin Life Insurance Co (PKIN) - Total Assets
Latest total assets as of December 2024: $1.69 Billion USD
Based on the latest financial reports, Pekin Life Insurance Co (PKIN) holds total assets worth $1.69 Billion 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.
Pekin Life Insurance Co - Total Assets Trend (2000–2024)
This chart illustrates how Pekin Life Insurance Co’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Pekin Life Insurance Co - Asset Composition Analysis
Current Asset Composition (December 2024)
Pekin Life Insurance Co's total assets of $1.69 Billion 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 | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Pekin Life Insurance Co'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: Pekin Life Insurance Co's current assets represent 0.7% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 3.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Pekin Life Insurance Co Competitors by Total Assets
Key competitors of Pekin Life Insurance Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Tongyang Life
KO:082640
|
Korea | ₩35.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
Pekin Life Insurance Co - 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 - Pekin Life Insurance Co generates 0.15x 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, Pekin Life Insurance Co generates $ 0.38 in net profit.
Pekin Life Insurance Co - 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 | 0.17 | 0.50 | 2.82 |
| Quick Ratio | 0.17 | 0.50 | 2.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-60.26 Million | $ -38.12 Million | $ 8.83 Million |
Pekin Life Insurance Co - Advanced Valuation Insights
This section examines the relationship between Pekin Life Insurance Co'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 1.6% |
| Total Assets | $1.69 Billion |
| Market Capitalization | $113.40K USD |
Valuation Analysis
Below Book Valuation: The market values Pekin Life Insurance Co's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Pekin Life Insurance Co's assets grew by 1.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Pekin Life Insurance Co (2000–2024)
The table below shows the annual total assets of Pekin Life Insurance Co from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.69 Billion | +1.57% |
| 2023-12-31 | $1.67 Billion | +2.12% |
| 2022-12-31 | $1.63 Billion | -0.07% |
| 2021-12-31 | $1.63 Billion | +3.24% |
| 2020-12-31 | $1.58 Billion | +1.82% |
| 2019-12-31 | $1.55 Billion | +2.97% |
| 2018-12-31 | $1.51 Billion | +2.13% |
| 2017-12-31 | $1.48 Billion | +1.04% |
| 2016-12-31 | $1.46 Billion | +4.78% |
| 2015-12-31 | $1.39 Billion | +5.34% |
| 2014-12-31 | $1.32 Billion | +1.73% |
| 2013-12-31 | $1.30 Billion | +7.63% |
| 2012-12-31 | $1.21 Billion | +7.57% |
| 2011-12-31 | $1.12 Billion | +2.58% |
| 2010-12-31 | $1.10 Billion | +18.35% |
| 2009-12-31 | $925.95 Million | +16.58% |
| 2006-12-31 | $794.26 Million | +4.25% |
| 2005-12-31 | $761.85 Million | +5.21% |
| 2004-12-31 | $724.10 Million | +6.56% |
| 2003-12-31 | $679.54 Million | +14.16% |
| 2002-12-31 | $595.24 Million | +8.18% |
| 2001-12-31 | $550.24 Million | +5.69% |
| 2000-12-31 | $520.62 Million | -- |