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Per Year Industry Ratio
Per Year Industry Ratio
Liquidity
RATIOS 2019 2020 2021 2022 Trend line
Current Ratio 2.94 9.79 1.64 1.47
Acid Test Ratio 1.01 4.77 0.90 1.04
Cash Ratio 0.68 2.82 0.59 0.57
Liquid Asset Ratio 0.37 0.55 0.45 0.39
Solvency
RATIOS 2019 2020 2021 2022
Loss Ratio
Expense Ratio 3.16% 1.95% 2.38% 2.41%
Combined Ratio
Risk Retention
Investment Yield
Ratio
Premium Growth
Net Profit Margin 6.86% 2.94% 10.09% 10.46%
Gross Profit Margin -3.80% 0.80% -1.98% -1.74%
Operating Profit -59.7% -29.06% -3.36% 4.0%
Margin
Return on Assets 52.44% 56.54% 48.23% 46.66%
Return in Equity 2.42% 1.45% 1.79% 1.71%
Efficiency
RATIOS 2019 2020 2021 2022
Assets Turnover 0.11x 0.28x 0.15x 0.16x
Equity Turnover 0.49x 0.69x 0.58x 0.61x
Insurance
Receivable’s
Turnover
Claims Payable
Turnover
Table 8. Current Ratio
Main Problem: The starting and maintenance costs may be too high for some people.
Specific Problems: