Independence Holding Balance Sheet - Annual (NYSE:IHC)
The fundamental analysis of this company requires a thorough look at Independence Holding balance sheet. Financial strength can be guaged by performing Independence Holding stock analysis and by analyzing the balance sheet. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Independence Holding had a long term debt of $- at the end of 2016. To understand the debt servicing capacity of the company, one needs to look at Independence Holding operating cash flow and Independence Holding revenue also. Independence Holding debt to equity ratio is 0.
View latest 10 year balance sheet data to check Independence Holding financial performance.| Fiscal year is Jan - Dec | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
| Cash | 22.01M | 19.17M | 25.08M | 24.22M | 23.94M | 18.22M | 11.42M | 7.39M | 7.76M |
| Marketable Securities | 6.91M | - | - | 7.17M | 7.06M | - | - | - | - |
| Receivables | 483.18M | 549.93M | 340.87M | 439.66M | 252.12M | 224.67M | 234.61M | 271.65M | 254.53M |
| Inventory | - | - | - | - | - | - | - | - | - |
| Raw Materials | - | - | - | - | - | - | - | - | - |
| Work In Progress | - | - | - | - | - | - | - | - | - |
| Finished Goods | - | - | - | - | - | - | - | - | - |
| Notes Receivable | - | - | - | - | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - | - | - | - | - |
Total Current Assets | 512.1M | 569.15M | 366M | 471.06M | 283.13M | 242.95M | 246.09M | 279.1M | 262.34M |
| Property Plant & Equipment | - | - | - | - | - | - | - | - | - |
| Accumulated Depreciation | - | - | - | - | - | - | - | - | - |
Net Property Plant & Equipment | - | - | - | - | - | - | - | - | - |
| Investment & Advances | 507.9M | 488.1M | 650.91M | 601.8M | 804.29M | 932.89M | 919.67M | 831.02M | 761.04M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - |
| Deferred Charges | - | - | 30.8M | 29.77M | 33.4M | 37.1M | 43.46M | 44.24M | 62.4M |
| Intangibles | 41.57M | 52.94M | 50.31M | 50.31M | 50.31M | 50.31M | 51.71M | 48.85M | 52.33M |
| Deposits & Other Assets | 72.88M | 87.25M | 89.67M | 116.06M | 91.16M | 95.59M | 100.84M | 101.24M | 135.77M |
Total Assets | 1.13B | 1.2B | 1.19B | 1.27B | 1.26B | 1.36B | 1.36B | 1.3B | 1.27B |
| Notes Payable | - | - | - | - | - | - | - | - | - |
| Accounts Payable | 539.62M | 636.75M | 638.88M | 646.62M | 612.85M | 595.71M | 626.34M | 623.46M | 626.42M |
| Current Portion Long-Term Debt | - | - | - | - | - | - | - | - | - |
| Current Portion Capital Leases | - | - | - | - | - | - | - | - | - |
| Accrued Expenses | - | - | - | - | - | - | - | - | - |
| Income Taxes Payable | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 155.51M | 185.17M | 205.58M | 299.95M | 300.45M | 438.85M | 428.76M | 428.81M | 433.07M |
Total Current Liabilities | 695.14M | 821.92M | 844.46M | 946.58M | 913.31M | 1.03B | 1.06B | 1.05B | 1.06B |
| Mortgages | - | - | - | - | - | - | - | - | - |
| Deferred Taxes/Income | - | - | - | - | - | - | - | - | - |
| Convertible Debt | - | - | - | - | - | - | - | - | - |
| Long-Term Debt | - | 43.33M | 42.14M | 44.14M | 46.14M | 48.14M | 45.64M | 47.14M | 48.14M |
| Non-Current Capital Leases | - | - | - | - | - | - | - | - | - |
| Other Long-Term Liabilities | - | - | - | - | - | - | - | 1.54M | 3.54M |
Total Liabilities | 695.2M | 865.25M | 886.61M | 990.72M | 959.46M | 1.08B | 1.1B | 1.1B | 1.11B |
| Minority Interest | - | - | - | - | - | - | - | - | - |
| Preferred Stock | - | - | - | - | - | - | - | - | - |
| Common Stock Net | 18.62M | 18.56M | 18.53M | 18.52M | 18.46M | 16.77M | 15.47M | 15.46M | 15.43M |
| Capital Surplus | 126.46M | 127.73M | 127.09M | 126.23M | 126.58M | 111.81M | 101M | 100.44M | 101.08M |
| Retained Earnings | 315.91M | 194.45M | 157.66M | 142.66M | 130.15M | 127.56M | 115.43M | 94.49M | 100.79M |
| Treasury Stock | 17.48M | 13.96M | 12.14M | 8.16M | 4.53M | 2.92M | 1.91M | - | - |
| Other Liabilities | -4.26M | 5.91M | 9.94M | -0.95M | 32.17M | 22.92M | 30.27M | -6.56M | -54.29M |
| Shareholders Equity | 439.25M | 332.7M | 301.1M | 278.3M | 302.84M | 276.14M | 260.27M | 203.5M | 162.7M |
| Total Liabilities & Shareholders Equity | 1.13B | 1.2B | 1.19B | 1.27B | 1.26B | 1.36B | 1.36B | 1.3B | 1.27B |
Looking at Independence Holding historical stock prices and the current Independence Holding stock price can tell you how the stock price has moved, whereas the Independence Holding PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
- Assets: An asset is a resource that a corporation like Independence Holding owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for IHC stock as of 2016 is $1.13B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
- Liabilities include short term loans and long term loans availed by the company to fund its business operations. IHC stock had total liabilities of $695.2M for the year 2016.