ICC Current Ratio from 2010 to 2024

ICCH Stock  USD 23.15  0.07  0.30%   
ICC Holdings' Current Ratio is increasing with stable movements from year to year. Current Ratio is predicted to flatten to 0.02. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.02181494
Current Value
0.0207
Quarterly Volatility
2.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICC Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICC Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 773.9 K, Interest Expense of 199.6 K or Selling General Administrative of 621.4 K, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0 or PTB Ratio of 1.08. ICC financial statements analysis is a perfect complement when working with ICC Holdings Valuation or Volatility modules.
  
Check out the analysis of ICC Holdings Correlation against competitors.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.

Latest ICC Holdings' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of ICC Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. ICC Holdings' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICC Holdings' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.51 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

ICC Current Ratio Regression Statistics

Arithmetic Mean924.53
Geometric Mean18.68
Coefficient Of Variation233.77
Mean Deviation1,380
Median4.26
Standard Deviation2,161
Sample Variance4.7M
Range7.3K
R-Value0.28
Mean Square Error4.6M
R-Squared0.08
Significance0.31
Slope137.16
Total Sum of Squares65.4M

ICC Current Ratio History

2024 0.0207
2023 0.0218
2022 7337.6
2021 111.45
2020 402.05
2019 352.83
2018 123.48

About ICC Holdings Financial Statements

Investors use fundamental indicators, such as ICC Holdings' Current Ratio, to determine how well the company is positioned to perform in the future. Although ICC Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 0.02  0.02 

Currently Active Assets on Macroaxis

When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:
Check out the analysis of ICC Holdings Correlation against competitors.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICC Holdings. If investors know ICC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.415
Earnings Share
2.16
Revenue Per Share
31.33
Quarterly Revenue Growth
0.233
Return On Assets
0.024
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.