Earnings Report

AIICO Insurance Reports Impressive 3Q Numbers, Yields Attractive Ratios

aiico-insurance

Key Ratios

  • Total debt to equity is good at 39.95% compare to the industry average of 148.34%
  • Interest coverage is equally impressive at 34.89x far above the industry average of 19.09x. This implies that AIICO has enough capacity to take care of its finance cost and can even attempt more if the need arises
  • Profit reported for the period is 14.49% of the Gross Premium Written, this is fair enough
  • Financial leverage of AIICO adjusted down from 0.19x to 0.12x, this is good and has not pose any threat to the equity holders
  • Insurance Margin though inched below comparable period of 2015, is still above average and is impressive
  • Expense Ratio seems to be on the high side, though stood below 2015 estimate

Comment here

Earnings Report

AIICO Insurance Reports Impressive 3Q Numbers, Yields Attractive Ratios

aiico-insurance

Key Ratios

  • Total debt to equity is good at 39.95% compare to the industry average of 148.34%
  • Interest coverage is equally impressive at 34.89x far above the industry average of 19.09x. This implies that AIICO has enough capacity to take care of its finance cost and can even attempt more if the need arises
  • Profit reported for the period is 14.49% of the Gross Premium Written, this is fair enough
  • Financial leverage of AIICO adjusted down from 0.19x to 0.12x, this is good and has not pose any threat to the equity holders
  • Insurance Margin though inched below comparable period of 2015, is still above average and is impressive
  • Expense Ratio seems to be on the high side, though stood below 2015 estimate

Comment here