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National Security Group Inc.  (NSEC)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial

National Security Group's Working Capital Ratio

NSEC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


National Security Group's Current Assets grew by 4.02 % in the I Quarter 2022 sequentially, faster than Current Liabilities, this led to improvement in National Security Group's Working Capital Ratio to 1.51, Working Capital Ratio remained below National Security Group Inc. average.

Within Life Insurance industry 12 other companies have achieved higher Working Capital Ratio than National Security Group in first quarter 2022. While Working Capital Ratio total ranking in the first quarter 2022 has deteriorated compared to the prior quarter from 3528 to 3887.

Explain Working Capital Ratio
How much in Current Assets NSEC´s has?
What is the value of NSEC´s Current Liabilities?


NSEC Working Capital Ratio (Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
Y / Y Current Liabilities Change -2.9 % -10.4 % 60.42 % 12.34 % 31.02 %
Y / Y Current Assets Change 4.91 % -11.05 % -28.04 % -23.83 % -9.51 %
Working Capital Ratio MRQ 1.51 1.49 1.26 1.55 1.4
NSEC's Total Ranking # 3887 # 3528 # 3250 # 2558 # 3192
Seq. Current Liabilities Change 2.32 % -46.05 % 91.22 % -8.01 % -5.58 %
Seq. Current Assets Change 4.02 % -36.53 % 55.43 % 2.24 % -11.81 %



Working Capital Ratio first quarter 2022 Company Ranking
Within: No.
Life Insurance Industry # 13
Financial Sector # 664
Overall Market # 3887


Working Capital Ratio Statistics
High Average Low
2.82 1.7 0.74
(Sep 30 2020)   (Jun 30 2012)




Financial Statements
National Security Group's Current Liabilities $ 12 Millions Visit NSEC's Balance sheet
National Security Group's Current Assets $ 18 Millions Visit NSEC's Balance sheet
Source of NSEC's Sales Visit NSEC's Sales by Geography


Cumulative National Security Group's Working Capital Ratio

NSEC's Working Capital Ratio for the trailling 12 Months

NSEC Working Capital Ratio

(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
Y / Y Current Liabilities TTM Growth -2.9 % -10.4 % 60.42 % 12.34 % 31.02 %
Y / Y Current Assets TTM Growth 4.91 % -11.05 % -28.04 % -23.83 % -9.51 %
Working Capital Ratio TTM 1.42 1.4 1.4 1.84 2
Total Ranking TTM # 3443 # 3555 # 3307 # 3344 # 5474
Seq. Current Liabilities TTM Growth 2.32 % -46.05 % 91.22 % -8.01 % -5.58 %
Seq. Current Assets TTM Growth 4.02 % -36.53 % 55.43 % 2.24 % -11.81 %


On the trailing twelve months basis NSEC Current Assets improved by 4.91 % in I Quarter 2022 year on year, while Current Liabilities rose to $12 millions, this led to increase in in National Security Group's Working Capital Ratio to 1.42, Working Capital Ratio remained below NSEC average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Life Insurance industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Mar 31 2022. While Working Capital Ratio overall ranking has improved so far to 3443, from total ranking during the twelve months ending forth quarter 2021 at 3555.

Explain Working Capital Ratio
How much in Current Assets NSEC´s has?
What is the value of NSEC´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Life Insurance Industry # 2
Financial Sector # 496
Within the Market # 3443


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.42 1.78 1.26
(Sep 30 2020)   (Dec. 30, 2013)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2022, within Life Insurance Industry Working Capital RatioMar 31 2022 MRQ Current AssetsMar 31 2022 MRQ Current Liabilities
Voya Financial Inc   3.78 $ 38,727.000  Millions$ 10,239.000  Millions
Athene Holding Ltd  3.28 $ 159,943.000  Millions$ 48,724.000  Millions
Atlantic American Corp  2.60 $ 284.500  Millions$ 109.495  Millions
Genworth Financial Inc   2.27 $ 88,341.000  Millions$ 38,897.000  Millions
Reinsurance Group Of America Incorporated  2.23 $ 81,495.000  Millions$ 36,528.000  Millions
Metlife Inc   2.22 $ 461,476.000  Millions$ 207,535.000  Millions
Brighthouse Financial Inc   1.64 $ 127,330.000  Millions$ 77,614.000  Millions
National Security Group Inc.  1.51 $ 18.470  Millions$ 12.219  Millions
Prudential Financial Inc   1.28 $ 569,642.000  Millions$ 445,538.000  Millions
Vericity Inc   1.16 $ 587.432  Millions$ 507.819  Millions
Primerica Inc   1.15 $ 9,053.431  Millions$ 7,842.966  Millions
American Equity Investment Life Holding Co  1.05 $ 67,170.275  Millions$ 64,156.303  Millions
Midwest Holding Inc   0.99 $ 1,151.942  Millions$ 1,160.984  Millions
Lincoln National Corporation  0.92 $ 140,151.000  Millions$ 152,674.000  Millions
First Trinity Financial Corp   0.86 $ 405.413  Millions$ 471.334  Millions
Utg Inc   0.71 $ 166.060  Millions$ 234.241  Millions
Jackson Financial Inc   0.54 $ 8,662.000  Millions$ 15,972.000  Millions

Date modified: 2023-03-25T01:22:42+00:00



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