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 has reported Non-cash Items for 15 years, with the latest figure 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.
- Over five years, Non-cash Items peaked at $105.3 million in Q3 2023 and troughed at -$46.0 million in Q4 2021.
- A 5-year average of $18.3 million and a median of $2.6 million in 2023 frame the typical range for Non-cash Items.
- The sharpest annual moves came in 2022 and 2023: Non-cash Items slumped 3411.14% in 2022, then soared 1540.84% in 2023.
- Over 5 years, Non-cash Items stood at $63.2 million in 2020, then slumped by 172.8% to -$46.0 million in 2021, then jumped by 118.31% to $8.4 million in 2022, then sank by 68.87% to $2.6 million in 2023, then jumped by 764.19% to $22.7 million in 2024.
- According to Business Quant data, Non-cash Items over the past three periods registered $22.7 million, $2.6 million, and $105.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn |
| 10 | United Fire | 1.39 Bn | 1.25 Bn | 171.45 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 |