Infinity Property and Casualty Balance Sheet - Annual (NASDAQ:IPCC)

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$142.8 $0.45 (0.32%) IPCC stock closing price Jul 02, 2018 (Closing)

The Infinity Property and Casualty balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Infinity Property and Casualty stock analysis, and provides insights into the firm's financial performance. Annual results are typically accompanied with the company releasing financial statements. The Infinity Property and Casualty balance sheet for 2017 shows total assets of $2.47B. The company has a asset turnover ratio of 0.62. Also see: Infinity Property and Casualty revenue and Infinity Property and Casualty operating cash flow for the same year.

View latest 10 year balance sheet data to check Infinity Property and Casualty financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash107.58M92.8M62.48M84.54M134.21M165.18M83.76M63.6M99.7M109.27M
Marketable Securities2.54M2.9M4.65M-2.59M-----
Receivables553.19M525.68M538.84M515.69M481.41M501.97M409.25M365.51M324.95M332.87M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
663.32M621.39M605.97M601.03M618.21M667.15M493.02M429.12M424.65M442.15M
Property Plant & Equipment167.22M166.72M162.59M119.8M101.42M84.64M76.24M68.86M70M-
Accumulated Depreciation84.77M70.55M72.89M63.92M53.36M45.33M37.55M43.73M42.09M-
Net Property Plant & Equipment
82.45M96.16M89.7M55.88M48.06M39.3M38.69M25.13M27.91M-
Investment & Advances1.54B1.48B1.47B1.53B1.45B1.39B1.22B1.22B1.19B1.06B
Other Non-Current Assets----------
Deferred Charges97.65M112.77M127.08M110.45M116.9M114.04M97.18M94.26M79.09M91.02M
Intangibles75.27M75.27M75.27M75.27M75.27M75.27M75.27M75.27M75.27M75.27M
Deposits & Other Assets17.58M16.18M17.3M15.91M13.37M12.87M7.66M8.54M10.59M49.49M
Total Assets
2.47B2.4B2.39B2.38B2.32B2.3B1.94B1.85B1.8B1.72B
Notes Payable----------
Accounts Payable1.37B1.33B1.31B1.29B1.27B1.26B1.01B919.89M920.82M996.43M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.37B1.33B1.31B1.29B1.27B1.26B1.01B919.89M920.82M996.43M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt273.8M273.59M275M275M275M275M194.81M194.72M194.65M199.56M
Non-Current Capital Leases----------
Other Long-Term Liabilities114.28M99.92M112.87M118.87M113.93M110.66M62.37M76.54M70.03M-
Total Liabilities
1.75B1.7B1.7B1.69B1.66B1.65B1.27B1.19B1.19B1.2B
Minority Interest----------
Preferred Stock----------
Common Stock Net21.88M21.82M21.79M21.74M21.68M21.52M21.35M21.22M21.06M20.99M
Capital Surplus383.56M378.74M376.02M372.36M368.9M361.84M355.91M349.74M344.03M341.88M
Retained Earnings797.54M777.69M757.6M725.65M685.01M666.19M658.81M625.49M541.16M439.05M
Treasury Stock502.47M486.99M475.63M445.59M435.46M423.18M403.22M359.76M307.6M282.59M
Other Liabilities19.75M7.9M7.81M23.49M16.62M29.85M35.31M24.48M19.5M5.98M
Shareholders Equity720.28M699.18M687.59M697.65M656.75M656.24M668.17M661.18M618.16M525.33M
Total Liabilities & Shareholders Equity2.47B2.4B2.39B2.38B2.32B2.3B1.94B1.85B1.8B1.72B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Infinity Property and Casualty stock price, and Infinity Property and Casualty historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Infinity Property and Casualty PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: IPCC total assets, which was at $2.47B for 2017 is a balance sheet item representing value of what Infinity Property and Casualty owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Infinity Property and Casualty is $1.75B. Shareholders' equity comes under liabilities as it is money the company owes the holders of IPCC stock.

Infinity Property and Casualty Balance Sheet - Key Ratios

Current ratio
0.47
Debt to equity ratio
0.38
Asset turnover ratio
0.62
Receivables turnover
2.75
Price to book ratio
2.18