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) - Total Assets
Latest total assets as of December 2022: $88.21 Million USD
Based on the latest financial reports, Unico American Corporation (UNAM) holds total assets worth $88.21 Million USD as of December 2022.
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.
Unico American Corporation - Total Assets Trend (1985–2022)
This chart illustrates how Unico American Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Unico American Corporation - Asset Composition Analysis
Current Asset Composition (December 2022)
Unico American Corporation's total assets of $88.21 Million consist of 12.0% current assets and 88.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 12.0% |
| Accounts Receivable | $29.23 Million | 23.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $3.34 Million | 2.6% |
| Goodwill | $75.87 Million | 59.8% |
Asset Composition Trend (1985–2022)
This chart illustrates how Unico American Corporation'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: Unico American Corporation's current assets represent 12.0% of total assets in 2022, a decrease from 78.1% in 1985.
- Cash Position: Cash and equivalents constituted 12.0% of total assets in 2022, down from 67.4% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 61.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 59.8% of total assets.
Unico American Corporation Competitors by Total Assets
Key competitors of Unico American Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Unico American Corporation - 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 - Unico American Corporation generates 0.29x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Unico American Corporation is currently not profitable relative to its asset base.
Unico American Corporation - 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 | 45.88 | 1.27 | 56.93 |
| Quick Ratio | 45.88 | 1.27 | 56.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $13.28 Million | $ 26.96 Million | $ 24.53 Million |
Unico American Corporation - Advanced Valuation Insights
This section examines the relationship between Unico American Corporation'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 | 0.02 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 0.0% |
| Total Assets | $126.87 Million |
| Market Capitalization | $123.70K USD |
Valuation Analysis
Below Book Valuation: The market values Unico American Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Unico American Corporation's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Unico American Corporation (1985–2022)
The table below shows the annual total assets of Unico American Corporation from 1985 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $126.87 Million | 0.00% |
| 2021-12-31 | $126.87 Million | -3.81% |
| 2020-12-31 | $131.90 Million | +1.22% |
| 2019-12-31 | $130.31 Million | +3.73% |
| 2018-12-31 | $125.62 Million | -3.59% |
| 2017-12-31 | $130.30 Million | -5.73% |
| 2016-12-31 | $138.22 Million | -1.39% |
| 2015-12-31 | $140.17 Million | +3.05% |
| 2014-12-31 | $136.02 Million | +2.38% |
| 2013-12-31 | $132.85 Million | -5.11% |
| 2012-12-31 | $140.01 Million | -6.89% |
| 2011-12-31 | $150.38 Million | -4.63% |
| 2010-12-31 | $157.68 Million | -7.31% |
| 2009-12-31 | $170.11 Million | -7.85% |
| 2008-12-31 | $184.60 Million | -4.54% |
| 2007-12-31 | $193.38 Million | +2.97% |
| 2006-12-31 | $187.80 Million | +0.81% |
| 2005-12-31 | $186.30 Million | +7.95% |
| 2004-12-31 | $172.57 Million | +6.86% |
| 2003-12-31 | $161.49 Million | +8.61% |
| 2002-12-31 | $148.69 Million | +15.42% |
| 2001-12-31 | $128.82 Million | +3.94% |
| 2000-12-31 | $123.95 Million | +1.61% |
| 1999-12-31 | $121.98 Million | +0.21% |
| 1998-12-31 | $121.72 Million | +7.77% |
| 1997-12-31 | $112.94 Million | +8.13% |
| 1996-12-31 | $104.45 Million | +9.01% |
| 1995-12-31 | $95.82 Million | +9.51% |
| 1994-12-31 | $87.50 Million | +13.64% |
| 1993-12-31 | $77.00 Million | +27.06% |
| 1992-12-31 | $60.60 Million | -0.82% |
| 1991-12-31 | $61.10 Million | +2.00% |
| 1990-12-31 | $59.90 Million | +2.22% |
| 1989-12-31 | $58.60 Million | +11.20% |
| 1988-12-31 | $52.70 Million | +11.89% |
| 1987-12-31 | $47.10 Million | +28.34% |
| 1986-12-31 | $36.70 Million | +31.54% |
| 1985-12-31 | $27.90 Million | -- |