United Fire (UFCS) Non-cash Items (2010 - 2024)
United Fire (UFCS) posted Non-cash Items of $22.7 million for Q1 2024, up 764.19% sequentially from $2.6 million in Q4 2023, and up 402.93% YoY from $4.5 million in Q2 2023.
United Fire (UFCS) Non-cash Items (2010 - 2024) Analysis & Trends
United Fire (UFCS) has 15 years of Non-cash Items data on file, last reported at $22.7 million in Q1 2024.
- Quarterly Non-cash Items rose 402.93% year-over-year to $22.7 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $231.6 million (up 7639.81% YoY) and the FY2023 annual result came in at $201.4 million, up 1337.17% from the prior year.
- Non-cash Items improved to $22.7 million in Q1 2024 per UFCS's latest filing, from $2.6 million in the prior quarter.
- The five-year high for Non-cash Items was $105.3 million in Q3 2023, with the low at -$46.0 million in Q4 2021.
- Average Non-cash Items over 5 years is $18.3 million, with a median of $2.6 million recorded in 2023.
- Year-over-year, Non-cash Items plunged 3411.14% in 2022 and surged 1540.84% in 2023.
- United Fire's Non-cash Items stood at $63.2 million in 2020, then tumbled by 172.8% to -$46.0 million in 2021, then surged by 118.31% to $8.4 million in 2022, then slumped by 68.87% to $2.6 million in 2023, then surged by 764.19% to $22.7 million in 2024.
- Business Quant data shows UFCS's Non-cash Items at $22.7 million in Q1 2024, $2.6 million in Q4 2023, and $105.3 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn |
| 10 | United Fire | 1.37 Bn | 1.20 Bn | 161.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 22.66 Mn |
| Mar 31, 2024 | 22.66 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Sep 30, 2023 | 105.26 Mn |
| Sep 30, 2023 | 105.26 Mn |
| Jun 30, 2023 | 101.03 Mn |
| Jun 30, 2023 | 101.03 Mn |
| Mar 31, 2023 | -7.48 Mn |
| Mar 31, 2023 | -7.48 Mn |
| Dec 31, 2022 | 8.42 Mn |
| Dec 31, 2022 | 8.42 Mn |
| Sep 30, 2022 | 9.06 Mn |
| Sep 30, 2022 | 9.06 Mn |
| Jun 30, 2022 | -7.01 Mn |
| Jun 30, 2022 | -7.01 Mn |
| Mar 31, 2022 | -26.75 Mn |
| Mar 31, 2022 | -26.75 Mn |
| Dec 31, 2021 | -46.01 Mn |
| Dec 31, 2021 | -46.01 Mn |